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.

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