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The question to answer is why the wage of an individual electrician (or tradesperson) isn't rising. A 90th percentile electrician makes <100k, and that salary h
by kristjansson 4y ago
The question to answer is why the wage of an individual electrician (or tradesperson) isn't rising. A 90th percentile electrician makes <100k, and that salary has increased by ~2% per annum for decades, but customers complain about paying $xxx/hr for electricians/tradespeople in major cities, electrical/trade SMB owners seem to make $xxxK/yr, and PE shops are running around buying and rolling up electrical/trade companies.
Some combination of culture and regulatory capture keep the supply depressed, but only exploitation keeps the resulting surplus from accruing to the people doing the actual work.