Bob Cratchit Salary Adjusted For Inflation Uk Facebook posts By Jeff Cercone January 3 2022 Christmas Carol character s wages not the best comparison to today s minimum wage worker If Your Time is short Dickens character Bob
31 Claim that Scrooge s employee makes more than minimum wage needs context Watch on Yes teens can be paid less than the federal minimum wage Watch on In Charles Dickens A Christmas Carol Dec 22 2021 by Lead Stories Staff Share Tweet Just Got By Does Bob Cratchit a character from the Charles Dickens classic novella A Christmas Carol make the equivalent of 530 27 a week which is more than the current weekly federal minimum wage in the United States
Bob Cratchit Salary Adjusted For Inflation Uk
Bob Cratchit Salary Adjusted For Inflation Uk
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Scumbag Scrooge Imgflip
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Federal Reserve Economists Admit That Inflation Is Gobbling Up Workers
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Erusian 5 yr ago Edited 5 yr ago The previous answers are wrong Update This statement was made before u mimicofmodes answer They assert ridiculously that there was virtually no inflation during the 19th century and uses that to justify comparing Cratchit s wage to the wages of someone several decades later one as late as 1888 Goldenhawkes So 15 bob is 15 shillings using this https www nationalarchives gov uk currency default0 asp website and the year 1840 it would be worth 33 80 in 2005 So in 2017 that would be worth 46 31 in 2016 according to https www bankofengland co uk monetary policy inflation So per year that is 2408 12
Today according to market data the average fair market value defined as the 40th percentile of gross rent for a 3 bedroom space adjusted for state or territory population is 1 501 11 per Fandom D awww Food Politics 2481 clicks posted to Politics on 20 Dec 2021 at 3 45 PM 2 years ago Favorite share Copy Link 111 Comments 0 View Voting Results Smartest and Funniest Oldest 1 2 3 Newest Show all OptionC Smartest 45 Funniest 0 2021 12 20 3 06 04 PM
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It s true the A Christmas Carol character would have made more than the federal minimum wage but experts say he was not destitute That s 39 pounds per year At consumer price inflation that s just about 3000 pounds today Inflation calculator How representative is that salary In Victorian London The Tale of a City the appendix gives examples of wages prices recorded at the time 1840 1870 a period of virtually no inflation under the gold standard A female copying
Thus the relative wage of a worker who earned 15 shillings a week in 1843 is 611 30 today At 52 weeks of work that would correspond to about 32 000 a year Bob Cratchit was responsible for maintaining Scrooge s account books The average UK accountant today earns a salary of 62 042 per year the average bookkeeper 26 848 per Bob Cratchit is a fictional character in the Charles Dickens 1843 novel A Christmas Carol The overworked underpaid clerk of Ebenezer Scrooge Cratchit has come to symbolize the poor working conditions especially long working hours and low pay endured by many working class people in the early Victorian era
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Bob Cratchit Salary Adjusted For Inflation Uk - Erusian 5 yr ago Edited 5 yr ago The previous answers are wrong Update This statement was made before u mimicofmodes answer They assert ridiculously that there was virtually no inflation during the 19th century and uses that to justify comparing Cratchit s wage to the wages of someone several decades later one as late as 1888