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Wage Growth Slows Across the Country (axios.com)
An anonymous reader writes: Wages in the United States are going up, but their growth is shrinking, says Glassdoor chief economist Andrew Chamberlain. Wages should be rising an average of 3%-4% given the tightness of the job market, Chamberlain says. According to official data from the U.S. Bureau of Labor Statistics, wage growth was a lower 2.6% in February. Glassdoor data -- based on a survey of 100,000 salaries posted by the jobs site every month -- show even lower growth, shrinking to just 1% last month.
If wages are stagnating or dropping, then the H1B program is doing exactly what it was designed to: keep IT wages low. After all we can't expect our poor corporate overlords to simply pay us more because they have been reaping record profits. Everyone knows that the investor class and C-suite are the only ones that deserve any of the pie. If you want a raise, pull yourself up by your bootstraps and start your own multi-billion-dollar international corporation!
Like the stock market losses due to recent attempts to initiate a trade war and the wealth transfers to the 1% through tax "reform," this downturn is just part of Making America Great Again, and you should accept your losses with pride for the glory of the Dear Leader. Things will get better...real soon...any day now...
"When information is power, privacy is freedom" - Jah-Wren Ryel
Wait, so the wealthy are pulling strings to keep their wealth but we can fix this by stopping immigration?
I...don't think that's the solution you're looking for.
As a Libertarian, I have NO problem with free and open immigration. I would accept just about anyone who wants to work in the US here. I would limit immigrants from social welfare programs for a period of 15 years or until they complete all requirements and become full citizens of the US. I would also allow fast tracking people who serve in the military or guard.
What I have a problem with is people sneaking in. But that seems to be a hard distinction for some people to make.
Agent K: A *person* is smart. People are dumb, stupid, panicky animals, and you know it.
The article is FUD. Wages went up enough last year that the Fed is tightening the reigns. Of course the increase salaries from job postings reflects that.
What TFA is saying is that given the current low unemployment, we should expect higher wage inflation - but that's not happening. An increase of 3-4% each year is not desirable and would draw a strong response from the Fed.
Nope. Ain't nobody saying let the borders be free. That's simply not true. The difference is how we belive illegal immigrants should be treated.
So what are sanctuary cities saying then when they actively try to promote and defend open borders?
The buck stops somewhere else.
that the rich are supposed to be using to pay Americans higher wages?
You should start removing them like the roaches they are, then, and maybe us moderates would stop recoiling in horror at the GOP every other year.
You understand that the National Guard serves the state to which they reside and not the Federal government.
False. NG serves a dual role, and are deployable by either the governor of their state (because they are organized at the state level and function as a state militia when needed in that capacity), or the federal government (because they are, in fact, a reserve component of the U.S. armed forces , under the department of defense).
Calling the illegal immigration issue a flood gate is also vastly overstating the issue since illegal immigration is significantly slowed and has been for several years....
You are correct on this point. Illegal entry is at a 40 year low. Further, the biggest issue currently in illegal immigration is not people sneaking across the border. It is foreigners getting perfectly legal student or tourist visas, then staying in the country (and often, attempting to get work) illegally after they expire. In other words, something troops on the border or a wall has zero effect on.
What distinction is made between illegal immigrants and those that are here legally?
What distinction is made between illegal immigrants and those waiting to come here legally?
The net result is that illegal immigrants are often given preferential treatment to those waiting to get in. They are here after all, while those waiting for legal status are not allowed in at all.
Agent K: A *person* is smart. People are dumb, stupid, panicky animals, and you know it.
I am saying the boarders should be open, but with a gate for people to register and check in as they enter legally. We pretty much already have open boarders right now, except for those that want to come here legally. Those people are screwed while we give preferential treatment to those that cross our boarders without permission.
Agent K: A *person* is smart. People are dumb, stupid, panicky animals, and you know it.
FedEx was about to open a new distribution center in Indiana but they skipped it because they'd increased productivity so much at their existing centers they didn't need it. We've become massively more productive.
Also, anyone else find it telling that the phrase used to describe succeeding without help describes a physically impossible event? It's like a bad joke everybody ran with.
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I've noticed a trend where everybody's in support of the government stepping in to help out until it's somebody else. Then it becomes teh Socialisms. This needs to stop. The working class needs solidarity. We need to stop pretending we can make it on our own and that there's no class warfare going on. We're getting picked apart here. Fighting among ourselves for scraps while the ruling class laughs in our face.
Policy wise this means:
Nobody left behind. Everyone gets cared for and we stop complaining about having to pay for the occasional lazy surfer dude who doesn't work much or at all.
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I won't bother to tell you you're wrong, because you almost certainly won't just believe what I, or anyone else, tell you.
If you wanted to prove – to yourself, and to the rest of us – that you're not an ignorant hick and a rube in a fly over state (either that, or your name is Ivan, or Dmitri, or Sasha, and you're just here trolling), you could go look up wage statistics. I'll go out on a limb and suggest that you look back at least as far as 1980.
Because at least some of know that wage growth took a real turn for the worse when Won Won Weagun slapped us with his Trickle Down Economics. A slap so hard that 16 years of Clinton and Obama in the middle couldn't undo.
And your hero Twitler's tax break for the 1% certainly isn't going to make things any better. Just wait until the tax cut you think you got expires in a few years; but that tax cut for the 1% doesn't expire. (Ask yourself, why do the 1% get to keep their tax cut but you and I don't get to keep ours? I could tell you the answer to that too, but like above, I know you won't accept my explanation. So you think on it for a while and get back to us when you think you know the answer.)
so 2.6% is less than 3% so things are terrible, even as unemployment falls? and illegals are kicked out?
yeah, this is whining
To say "wage growth is shrinking" with the implication that "something is wrong" following behind is so misleading one would have to ask what was the real purpose of releasing such a statement?
https://www.theatlas.com/chart...
Wage growth (such as it is/was) is flatlining ... which is still shit-tons better than it's been since 2008 where it's basically been falling in constant dollars.
-Styopa
I know, I know; the solution is to open the borders even wider to people who will work for peanuts!
That will raise wages, because reasons!
"Who aren't causing trouble"
Being here illegally is causing trouble. Why? Because it encourages others to do the same, bypassing our laws. They all aren't paying taxes. They all aren't behaving themselves, They all aren't doing what you're claiming all of them are doing.
Hell you can be arrested for felonies and be released back into the public in sanctuary cities. You can be deported multiple times and sneak back in and commit crimes and be release back into society.
You are block grouping a variety of people together, conflating them as a single unit and giving them a pass in doing so. You're partially why, as a group, they are causing problems, because people like yourself make no distinction between breaking the law, and not breaking the law.
At least my solution gives no excuses for crossing the boarder without permission. You're just excusing it as if it were nothing.
Agent K: A *person* is smart. People are dumb, stupid, panicky animals, and you know it.
Sounds more like the rhetoric of the 30s. Traitors to the country, opposing the great leaders attempts to protect the nation from the existential threat of immigrants.
const int one = 65536; (Silvermoon, Texture.cs)
SJW, n: "Someone I don't like, and by the way I'm a fuckwit" - AC
Now I'm confused... Was this discussion about immigration policy or bed-and-breakfast policy?
It is a good thing that "Anonymous Coward" is a well respected source of reliable information! Take that GlassDoor!
Second class citizen of the New Gilded Age
Why we don't deport actual criminals in California. So that isn't really accurate either. Nice try though.
Agent K: A *person* is smart. People are dumb, stupid, panicky animals, and you know it.
Wages up 2.7%? Not that I can see. That is an *average*. The well-paid have rising salaries, the crap-paid wages are shrinking, the average being a bit up. You also have to factor in that the poorly-paid have rents that are rising way faster than their 8.50 up to 9.05 bucks an hour, just about everywhere now. Housing for the poor and merely cash-strapped ain't being built, and probably never will be.
So you are cherry picking items to counter-argue against cherry picking.
Logic in 2018.
"Action without philosophy is a lethal weapon; philosophy without action is worthless."
Who cares. Look into the summary and you'll see how fleeting this metric is. Obama never cracked 3% economic growth over all his terms.
I guess this is true if you leave out 2010 (3.8%), 2011 (3.7%), 2012 (4.1%), 2013 (3.1%), 2014 (4.4%), 2015 (4.9%), and 2017 (4.1%).
Second class citizen of the New Gilded Age
Just embrace that the world is now joeâ(TM)s apartment.
So, what exactly did this very stable genius do to make the economy so much better, in your estimate? Aside from allowing some big companies to pollute some more, I'm not aware that he has signed any meaningful legislation at all.
I don't respond to AC's.
entrance exams are fine, but we're just splitting hairs. The point is to do away with tuition at public universities.
Vocational Schools are fine as well, but that can be handled by the community colleges. What I don't want to see are a bunch of ITT tech style "schools" that drain money from the public coffers in exchange for not teaching. That's easy enough to avoid. Just fund the Community College's vocational programs.
But again, we're getting into the weeds here. The point is that if people want to learn you teach them.
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1) Illegal immigrant, noun: a term used by the descendants of invaders, living on stolen land, to refer the the descendants of native inhabitants.
2) Every latin american country south of Texas has been overthrown by the United States at least once, invaded, or suffered CIA-backed death squads. Or all of the above. You want your taxes raised to the stratosphere to pay reparations, or do you want the victims of US policy to be able to cross the border and get a job at a 7-11?
I guess you went to school in Tucson or somewhere like that, to get so screwed up about basic definitions?
1. Let's try Wikipedia: "Illegal immigration is the illegal entry of a person or a group of persons across a country's border, in a way that violates the immigration laws of the destination country, with the intention to remain in the country."
2. If they have an issue, they can take it to the UN or the World Court or something. Individuals breaking the law isn't "reparations" for unproven accusations.
Like the OP, I'm fine with massive immigration into the United States via increased and streamlined processes which put the risks where they belong, but it should be done legally. The whole amnesty paradigm has been proven to just encourage more law-breaking in the future and it cheats people who are immigrating the right way.
The party of stupid and the party of evil get together and do something both stupid and evil, then call it bipartisan.
the reason you want everybody to go to college is to get the kind of well rounded education that results in an informed electorate with critical thinking skills. Despite what you might think you _can_ teach critical thinking. It's best done in the humanities, since you can teach almost anyone to read Shakespear with enough effort but there are limits on how much math you can teach (around the time you get past Trig).
As for why you want a well educated populace, well they're much less likely to make stupid decisions about politics that hurt you personally.
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I guess you're willfully obtuse. The entirety of the United States is land built on that which was stolen from the native populace, including pretty much every treaty ever signed. So nativists can fuck right off on the entire subject of "illegal immigration".
1) As if the ability to take a cause to a higher court has fuck-all to do with the justification of a cause. Palestinians have a right to move back to all the homes stolen from them by colonialist invaders and lands stolen in the '67 war started by Israel, but we all know that's not happening any time soon.
2) The U.S. has a veto pen to use against any resolution against the United States - which they've made frequent use of to defend the aforementioned Apartheid Israel.
Guess what? The "native population" also "stole" various lands from each other in the same manner. So you have no real point.
The United States is a country. It has laws. Violating them is literally the definition of illegal. You can't alter that basic fact.
The party of stupid and the party of evil get together and do something both stupid and evil, then call it bipartisan.
Tired bullshit excuse is tired. And willfully ignorant - do you honestly think that every single tribe was forcing other tribes off their land? Many of them had been in the same place for thousands of years at total peace until invaders showed up.
And again, you can fuck right off on your fake concerns for legality, given that the formation of the U.S. was impossible without violating pretty much every treaty every signed with a native tribe, and how your government has spent the last 200 years screwing over every other country in the hemisphere.
You should really get something for that rage of yours before you break something.
The party of stupid and the party of evil get together and do something both stupid and evil, then call it bipartisan.
When an item is big enough it is no longer a cherry.
You really should pull your head out of your ass before it gets stuck there, permanently.