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> the rise of remote work and the downward pressure that it puts on wages I've seen the reverse. The same position pays easily 20% more than 4 years ago. (Tho
by paulddraper 3y ago
> the rise of remote work and the downward pressure that it puts on wages
I've seen the reverse.
The same position pays easily 20% more than 4 years ago. (Though a lot of that is general inflation.)
I work in the US, but not a large city.
- jvalencia 3y agoYes, it might increase for those outside the city, but for those inside, it's overall downward pressure.
- shrimp_emoji 3y agoThe last 4 years were 4, 8, 5, and 1% inflation, respectively.
- paulddraper 3y agoAnd a lot of inflation is wages. So when you talk about upward/downward pressure on wages, you can't discount inflation, because inflation is wages and the product of that upward/downward pressure. You can talk about real wages.
- stefan_ 3y agoIt wasn't? The majority of that inflation, certainly in the EU, was energy and profit taking in uncompetitive markets, the result of decades of failed anti-trust? This stuff is researched these days, we don't need to repeat 1930s tropes.