Does that take into account all wage earners? The lower 40% of the country has seen -2.4% real wage growth since the 70's, and the 40%-60% have only seen an increase of 0.5%. These numbers can be severely offset by including all salary ranges, the higher levels of course having actual wage growth but the lower 60% haven't seen anything.
This is so frustrating. I clicked the link above on the "real wage growth of OECD countries" and it says nothing, specifically whether it's the median or it's an average. Too many times people swap the median and average which makes no sense for data that is a power law.
Enough, it's so misleading and mathematically illiterate it's frustrating especially because it comes from people who pretend they are "data driven."
Trade Union Congress (TUC) puts real wage growth in germany at 0.9%, and real wage growth in the USA at 1.2%
Source: https://www.tuc.org.uk/news/national/uk-be-bottom-wage-growt...