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This is exactly true. The pay is this low because there is a glut of cheap cobol developers in the US due to decades of off shoring. There have been 2000+ cobo
by marktangotango 7y ago
This is exactly true. The pay is this low because there is a glut of cheap cobol developers in the US due to decades of off shoring. There have been 2000+ cobol developers laid off here over the past 5 years alone (medium midwest metro).
- quaquaqua1 7y agoThere cannot simultaneously be a surplus of COBOL developers and a shortage of COBOL developers. Well, supposedly there could be one in the Midwest and one in NJ, but theoretically those who do not have a job in the Midwest would be motivated to move, since their only options are: A) Remain jobless in Midwest. B) Switch careers in Midwest. C) Move to NJ for immediately available position. The bigger question is why does a COBOL dev accept work for 60k when they could make 120k in Javascript?
- marktangotango 7y agoLow salaries on offer convincingly reveal the true narrative. The question is why is the false narrative being promoted? Rather effectively at that.
- yasp 7y ago> The bigger question is why does a COBOL dev accept work for 60k when they could make 120k in Javascript? Structural unemployment due to ageism?