high wages are low wages and low wages are high wages explain
Answers
Low-wage jobs are usually defined as those that pay less than two-thirds of the national median or mean of gross hourly wages; as such, being in low-wage employment is not necessarily the result of only working part-time.
A high-wage job is defined in this analysis as one in an industry or occupation in which the average wage is at least 50 percent higher than the overall average. The Bureau of Labor Statistics (BLS), part of the U.S. Department of Labor, is the source of the workforce data used in this analysis
Wages comprise the basic rate of pay plus most other monetary elements (e.g. overtime, bonuses, commission). Wages may be paid in the form of an annual salary, where it is usual to pay every month or, for employees on an hourly rate, at weekly intervals.
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