Lumifer comments on Salary charts & Projection tool - Less Wrong

7 Post author: Nanashi 01 June 2015 04:37PM

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Comment author: Lumifer 01 June 2015 04:58:47PM 5 points [-]

There is a pretty big issue here in that your statistical data is backward-looking and the choices of the high school students will matter 10-20-30 years in the future when the employment (and salary) landscape might look very different.

Comment author: satt 02 June 2015 12:28:12AM 0 points [-]

Maybe the Bureau of Labor Statistics's dataset includes data for past years. If Nanashi's tool allowed users to flick between the (inflation-adjusted?) data for different years, that'd illustrate vividly how salary trajectories can fluctuate over time.

Two obvious downsides: this would of course make more work for Nanashi, and past fluctuations are unlikely to be representative of future fluctuations.