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?
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.
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.
Residential construction is a whole different ballgame that I’m unfamiliar with, but I’d imagine that’s where the average gets dragged down.
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%.
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.