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Isn't that super close to the US median wage? It was way higher than I had presumed, last I checked.
No, it's close to the mean wage that includes data for billionaires. The median wage in the US is roughly $54000 or $25.96/hr. As we all know, the federal minimum wage is still $7.25/hr as set in 2009. This is the longest time in US history since the minimum wage was changed.