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Demand For Programmers Hits Full Boil as US Job Market Simmers (bloomberg.com)
When the American job market heats up, demand for technology talent boils, an anonymous reader writes citing a Bloomberg report. From the story: Nationally, the unemployment rate was 4.1 percent in January, and analysts project that it declined to 4 percent, the lowest since 2000, in Labor Department figures due Friday. For software developers, the unemployment rate was 1.9 percent in 2017, down from 4 percent in 2011. While companies are writing bigger checks, they are also adopting new strategies to find engineers for an economy where software is penetrating even mundane processes. Companies are focusing more on training, sourcing new talent through apprenticeships, and looking at atypical pools of candidates who have transferable skills.
"It is probably the most competitive market in the last 20 years that I have been doing this," said Desikan Madhavanur, chief development officer at Scottsdale, Arizona-based JDA Software, whose products help companies manage supply chains. "We have to compete better to get our fair share." What's happening in the market for software engineers may help illustrate why one of the tightest American labor markets in decades isn't leading to broader wage gains. While technology firms are looking at compensation, they are also finding ways to create the supply of workers themselves, which helps hold costs down.
"It is probably the most competitive market in the last 20 years that I have been doing this," said Desikan Madhavanur, chief development officer at Scottsdale, Arizona-based JDA Software, whose products help companies manage supply chains. "We have to compete better to get our fair share." What's happening in the market for software engineers may help illustrate why one of the tightest American labor markets in decades isn't leading to broader wage gains. While technology firms are looking at compensation, they are also finding ways to create the supply of workers themselves, which helps hold costs down.
Mcdonalds workers are underpaid.
If so, then they can get a job for more money. If they can't find a job for more money, then they're not underpaid.
No business which depends for existence on paying less than living wages to its workers has any right to continue in this country
And what color is the sky on the planet where you are able to legislate the worth of a person's labor?
If you legislate a $15/hour minimum wage, anyone whose labor is worth less than $15/hour will be unemployed.
The REAL WORLD doesn't care about your virtue signalling.
Thanks to Obamacare, in civilized states, everyone pays the same price for insurance regardless of pre-existing status.
BZZT! Bullshit.
My 33 year old daughter pays 10x as much as her siblings because of her pre-existing condition. The law says you can't be turned down because of a pre-existing condition, but it says nothing about being able to afford what is offered
Overpaying someone 100% doesn't matter if that person is worth it. If a person costs me 10k a month and makes me 50, paying him 20k is STILL better than losing him.
We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.