6 ms·
This seems like a political hit piece with no real substance. Salaries aren't going up because employers are conspiring to push down wages[0] and non executive
by pdeuchler 11y ago
This seems like a political hit piece with no real substance.
Salaries aren't going up because employers are conspiring to push down wages[0] and non executive wages in general are stagnating or going down[1]. Furthermore as already stated elsewhere in this thread, STEM degrees have huge wash out percentages so "freshmen enrolled" is just as good a statistic as "college freshman who plan on changing the world". The real problem, which has been repeated ad nauseam here, is that there's a shortage of STEM workers at the wages employers are willing to pay.
[0] https://en.wikipedia.org/wiki/High-Tech_Employee_Antitrust_Litigation https://en.wikipedia.org/wiki/High-Tech_Employee_Antitrust_L...
[1] https://rwer.wordpress.com/2016/01/16/percent-change-in-u-s-real-wages-by-income-percentile-2007-2014/ https://rwer.wordpress.com/2016/01/16/percent-change-in-u-s-...