Note
on “median” versus “average” earnings:
The “median” is the value point where 50% of all workers
in an occupation have higher earnings and 50% have lower earnings.
It’s considered a more stable measurement of actual earnings
because the value for “average” earnings may be skewed
if there is an uneven distribution of either very low- or highly-paid
workers in an occupation. Likewise the value of the “10th
percentile” indicates that only 10 percent of workers in an
occupation earn less than that amount; at the 90th percentile, only
10 percent of workers earn more than that amount.
To
return to article, close
this window.
|