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> It baffles me that our markets are so inefficient that it’s 125% more effective for me to take time off my ‘highly skilled’ engineering job to do ‘low skilled
by jdiez17 5y ago
> It baffles me that our markets are so inefficient that it’s 125% more effective for me to take time off my ‘highly skilled’ engineering job to do ‘low skilled’ renovation/repair work myself.
I don’t think it’s particularly baffling. A large class of jobs, including the trades and so-called “low skilled” professions, are in very high demand - which indicates that what they do is valuable to a lot of people - and while you could theoretically do their job yourself, many people simply don’t want to “get their hands dirty.”
In my opinion that’s a good thing by the way. People who do jobs that are important for us and few people want to do should be paid accordingly.
- davemp 5y agoThat’s the charge out rate. The people actually doing the labor (overwhelmingly immigrants) are only seeing a tiny fraction of that money (~1/10th or less).