Trumptonium1 wrote:Salandriagado wrote:
No they aren't. It's claiming to be graphing average earnings, but actually graphing rate of change of average earnings.
Why are you being obtuse over nothing?
They are saving space. Someone would have to be especially mentally challenged to interpret that graph as average earnings swinging between one to four pounds a year.
The percentage symbol clearly implies rate of change. No need for further clarification.
Besides, if you want to get pedantic or play over semantics, why is "average earnings" there? Average earnings of what? Just wages? Does that include all earnings? Does that include all employees or just full-time ones? Does it include bonuses or benefits in kind? What is inflation? Is it RPI or CPI? Is it CPI excluding oil?
Perhaps the graph should have said
"Rate of change of salary-earnings (inclusive of overtime) excluding bonuses and monetary value of benefits in kind of all persons employed on part-time and full-time basis excluding employees at sea" to better reflect the true definition of 'average earnings' in this context. But I doubt they had enough space in the graph.
