A Visual Representation of Social Mobility
A line graph from FRED showing two economic trends from 1980 to 2020: teal line for median weekly earnings and orange line for housing costs, with shaded areas indicating U.S. recessions. The teal line starts near 100 and rises slowly, while the orange line starts near 100 and rises sharply, eventually surpassing the teal line and continuing upward. The graph visually demonstrates that housing costs have increased at a much faster rate than median weekly earnings over this period, making housing increasingly unaffordable for the average worker.
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2025-03-04 17:09:42
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