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Anyone watching Lou Dobbs? Shocking statistics on wages [View All]

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Home » Discuss » Archives » General Discussion (01/01/06 through 01/22/2007)

nonconformist

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Thu Apr-13-06 05:33 PM
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Anyone watching Lou Dobbs? Shocking statistics on wages

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Edited on Thu Apr-13-06 05:43 PM by nonconformist

Most notably, that construction wages are down 1 penny per hour from where they were in 1965! Wow.

Edit for specifics (yay for DVR's!)

ADJUSTED FOR INFLATION:

Wages in high tech fields 2000 to 2005 -

Computer engineering = down 13.7%
Electrical engineering = down 9.4%
Computer Science = down 6.6%

And jobs are being specifically listed for ONLY H1-B workers, even go so far as to require where they want the applicant to come from, like North India.

Construction wages, inflation adjusted in 1982 dollars, compared in constant dollars -

1965 hourly wage - $9.88
2005 hourly wage - $9.87

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