4 ms·
I do agree, there is significant unemployment, and it's possible that outside Nairobi, without rent and growing some food for yourself, $300 could go a long way
by abenga 3y ago
I do agree, there is significant unemployment, and it's possible that outside Nairobi, without rent and growing some food for yourself, $300 could go a long way.
I was speaking more in terms of "should", not "is". I think most semi-skilled jobs are probably paid around that, but it honestly doesn't compute to my privileged self how someone could live on that, with the rampant inflation.
- alephnerd 3y agoOk! That's fair! And yea, inflation seems to be hellish outside the US+Canada. Companies like SamaSource or Infosys can take advantage of that arbitrage by paying below a living wage because there are enough "desperate" or un/underemployed people who have higher education but aren't getting jobs that are paying a realistic/living wage. I've seen this issue play out all over the developing world (India, Philippines, Vietnam, China, Thailand, Brazil, etc). Millions of people in those countries are now living lives their grandparents could only dream of, education is much more democratized, and economies at a macro level are better than they were a generation ago - yet white collar/college educated salaries are still stuck at the 2000s or 2010s level because income rate conversions dropped or commodities have inflated. People are earning the same amount of money in Rupees, Yuan, Reales, Dong, etc as they would have 10-15 years ago for the same white collar job, but all of society has become much more expensive.