Much of the west is getting older and getting sicker. How unsurprising.
What even is the solution? Expand the already massive healthcare sector further? Where does the money for that come from?
replies(10):
What even is the solution? Expand the already massive healthcare sector further? Where does the money for that come from?
On the money angle, I'm on board with the abundance crowd that I internalize as "be willing to spend money." Especially since most value is generated, and not necessarily discovered.
Its not people getting sicker, its mismanagement. Source: Two nurses in family
1. This is way to much time in the classroom. Much of that coursework simply isn't necessary.
2. You have people that would be good nurses piking other programs because they can't get passing marks in classes that are irrelevant to day to day nursing.
Binding what are essentially professional programs to the academy is a mistake. Don't get me wrong, I love the academy. But we need nurses.
I'm not sure whether it's a result incompetence, corruption or both, but massive amount of money is wasted on IT solutions that could be implemented more cheaply in-house, or at least by European companies.
This is rational on a broad social level but is very difficult of a change to implement.
Other professions with a great return on training are HVAC, electrician, plumber, robotics/logic systems (CAM, conveyors, etc.). These are especially high paying if you focus on commercial and industrial.
There is nothing more irrelevant than addressing large scale social issues in local politics. Besides not once in my life have I seen politics improve anything, politics seems to attract the dumbest and most self righteous types of people, who care about nothing but their self image. My time on earth is limited and much too precious to spent it in the company of politicians or just people invested in politics. No Thanks!
In the US, it's not worth going into because you have to put in hundreds of hours of clinicals which are unpaid, yet just as useful to the employer as a job. Unpaid internships are illegal, yet these are legal and mandatory.
If we hand-wave away a lot of other market dynamics, I'm guessing.
That's Epic. That's the thing our highly paid acquisition experts demanded our health care systems buy. They are MUMPS.
Secondly, if I have the choice between politics and death, death is the easy winner.
Industrial automation technician I have worked with makes north of 300k but he is traveling all over the world to do it.
Residential construction is a whole different ballgame that I’m unfamiliar with, but I’d imagine that’s where the average gets dragged down.
In the 1980s 55% of registered nurses were working with diploma. It is down to 6% today. Bachelors or greater was 27% and is now over 70% today.
As your link points out, many states are continually raising the bar and many have already moved to a BSN minimum.
I'm probably dating myself, but there was a time when people started working occupational nursing programs while in high school and were licensed a few years later.
Genuine question: Why?
I picked the Cincinnati MSA, as an example, as it’s both bigger than yours and is likely to have unionized work.
BLS says the 90th quartile is still only ~90k which while certainly not bad, is only the top 10%.
One guy I knew had it in his head he could just go back to school for welding and make 6 figures. Of course that didn’t work out. Turns out the local CC doesn’t have anything for underwater welding. Welding programs for sure, but mostly designed to funnel workers into local, lower paying positions that need filled.
I have a suspicion this push towards blue collars jobs is just another learn to code grift.
Because.. that’s what the union charges my employer per hour for an electrician? I don’t have a choice lol
Cincinnati is a rust belt city with depressed wages (no offense to anyone that lives there, but it’s the truth), my market is higher income (Minneapolis/St Paul) where a journeyworker makes $57/hr on the check instead of $38/hr like in Ohio, which is 1.5x (!!) higher.
I suspect the electrician they send over isn’t just pocketing $100/h on wages.
The union is charging that because *that is what’s in the contract that was signed by the union and the local union contractors after negotiation. Electricians get paid a lot where I live because it’s a wealthy growing area that people want to live in, and not a dying rust belt city.
> I suspect the electrician they send over isn’t just pocketing $100/h on wages.
Did you read the post I wrote initially?
I give the breakdown of how much of the money I pay to the union goes to the worker on his paycheck (55%) with the rest going to insurance, taxes, union dues, pension, etc (fringe benefits, which are 45%)
I misread that intitially.
At the end of the day, anytime this topic comes up, there’s an oddly large discrepancy between the anecdotes and the BLS data.
Even half of that $100 puts these electricians in the 90th quartile for hourly wages in that MSA. So they’re either sending there most expensive guys or I’m misreading misinterpreting the BLS data.