The evidence can be found in the data, which shows higher unemployment for workers in business services and a lower one for people who work in manufacturing.
America’s job market increasingly appears to be splitting into two tracks, economists say, alongside a steady demand for skilled workers and a flagging interest in hiring more “knowledge-based” professionals.
The evidence can be found in the data, which shows a higher unemployment rate for professional and business services workers, and a lower one for people who work in manufacturing.
“It’s a buyer’s market for brain and a seller’s market for brawn,” said Aaron Terrazas, chief economist at the jobs and workplace search site Glassdoor.
Because white collar workers don’t think they need to unionize, as their buying power erodes. An engineer today makes, inflation adjusted, drastically less than an engineer in previous generations. Many of my friends grandparents were engineers and were happily retiring at 40 years old. How often do you see that today?
This trend will not slow. Engineers will work for McDonalds wages and not unionize because “I’m an engineer, I don’t need to do that!”
We shouldn’t let perceived self-importance get weaponized against our own best-interests, but we do.
(Apply same analogy to other educated fields, it’s all the same bull, diff titles diff jargon. Same getting fucked.)
There needs to be an analyst union. That title gets jerked around worse than most.