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by Animats
995 days ago
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All those charts look pretty good. “A carpenter now is making 20% to 25% more than they did 24 months ago, and that is not sustainable.” - some employer.
This is a feature, not a bug. This is the usual employer whine. Can't get exactly the employee they want, right now, where they are, for what they want to pay, without investing in training or guaranteeing long term employment. World's smallest violin plays. |
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If that holds true for the average employee then it's inflation, not a wage increase.
In that case the losers are people paid in cash, which is most employees.