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1. Unposs+(OP)[view] [source] 2022-06-02 22:25:25
I know this is a bit off topic, but even during the "Great Resignation", as I always do I keep my eyes open on the job market (non-felon with a good work history, so this is a departure from the conversation, I apologize). With all of the complaints from employers about "We can't find people to work for us!", even in the software industry (which is well payed, compared to a lot of my friends), I didn't see the expected raise in the offering salaries for such claimed desperation. Especially when inflation is pushing from the bottom and housing prices (at least in the Seattle area, my area) are still nuts. The expectations of experience are laughable and, frankly, to be to be ignored at this point. I'm not even sure who writes the spec sheets for positions.
replies(1): >>dan-ro+u4
2. dan-ro+u4[view] [source] 2022-06-02 22:53:19
>>Unposs+(OP)
https://www.atlantafed.org/chcs/wage-growth-tracker

If you click the ‘wage level’ button you can see that workers everywhere are seeing growth but workers in the lowest quartile are seeing higher growth.

A few explanations other than the one you don’t see evidence for:

- the growth is in nominal dollars, inflation explains the spike and everyone is down in real terms, so even though the lowest-paid are doing better, they still aren’t seeing wage growth (but you are also observing nominal pay with your open eyes…)

- the lowest-paid are quitting, or the number of workers is decreasing in the higher quartile such that the average individual chosen from the first quartile would not have seen wage growth but rather higher-paid people are now counting as part of their quartile and pushing up the averages

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