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Gosh I.........I had no idea that peoples' earnings increase as they become more mature. I guess that shows.....what? It shows that a 22 year-old's earnings might be expected to increase by the time they are 32. In that time, they have changed jobs.
A study on the earnings of folks between the ages of 62 and 72 might reveal sharp declines. Similarly meaningless.
What would be meaningful would be the tracking of the wages paid to a particular job or employment category over time, regardless of the incumbent. Oh, wait. That's been done already. And.......that increase has already been compared to inflation. And the results are not as impressive as this "study" attempts to be.
Just goes to show.......that people who don't understand statistics should not trust statistical reports.
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Man of Carbon Fiber (stronger than steel)
Mocha 1978 911SC. "Coco"
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