July 23rd, 2018
In Business
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If you enjoy this article, see the other most popular articles
If you enjoy this article, see the other most popular articles
Terrible wage growth for computer programmers
(written by lawrence krubner, however indented passages are often quotes). You can contact lawrence at: lawrence@krubner.com, or follow me on Twitter.
This has been going on for 30 years, but once again, computer programming is seeing a relative decline in wages, compared to most other professions:
Legal occupations are the only occupations that come close to potentially hinting at a shortage, with wage growth of 3.7 percent over the last year and an unemployment rate of less than 2 percent. Computer and mathematical science occupations, which require skills that are often mentioned in conversations about skills shortages, do have a relatively low unemployment rate, at 2.3 percent, but have seen abysmal wage growth, at less than 1 percent over the last year. No widespread shortage there.
Post external references
- 1
https://www.epi.org/blog/why-is-real-wage-growth-anemic-its-not-because-of-a-skills-shortage/
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