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A comment on America is building chip factories. Now to find the workers. Parent comment

Re:America is building chip factories. Now to find the workers by huhtenberg on Friday August 25, 2023 @06:30AM (#37260069)
> This is why wages are flat for 30 years.

Current wages are at the 1993 levels? That's just not true.

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Re:America is building chip factories. Now to find the workers by FirmwareBurner on Friday August 25, 2023 @06:38AM (#37260107)
Adjusted to purchasing power?
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Re:America is building chip factories. Now to find the workers by giantg2 on Friday August 25, 2023 @06:57AM (#37260261)
"Real" wages have a specific meaning. I'm sure that is what they meant.

https://www.pewresearch.org/short-reads/2018/08/07/for-most-...

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Re:America is building chip factories. Now to find the workers by huhtenberg on Friday August 25, 2023 @06:36PM (#37267878)
I don't follow the GP then. What is wrong with adjusted wages being flat? It merely means that the life quality linked to a specific job/profession stayed the same.
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Re:America is building chip factories. Now to find the workers by medvezhenok on Friday August 25, 2023 @10:00PM (#37269258)
Quality of life might not have stayed the same; quality of life as reflected by the CPI stayed the same (which is different; CPI includes things like hedonic adjustments - and depending on the value you place on those, the result might be different).

Averages also hide very real disparities: software engineers are much better off today than they would have been 30 years ago; truckers, on the other hand, are much worse off today.

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