There is still some level of market sentiment though, both in that we don't collectively prioritize politically pushing through higher wages and individuals are still willing to do the jobs for the current salary rates.
Nursing may actually get the triple wammy - unions, governments, and insurance monopolies all weigh heavily into hourly rates and salaries for medical professionals.
There is still some level of market sentiment though, both in that we don't collectively prioritize politically pushing through higher wages and individuals are still willing to do the jobs for the current salary rates.
Nursing may actually get the triple whammy - unions, governments, and insurance monopolies all weigh heavily into hourly rates and salaries for medical professionals.
I've always seen this as the markets reflecting what we collectively actually prioritize. Sure we want to be safe and educated, but damn it if we don't really get enjoyment out of fancy new toys, vacations, and new cloths.
In this case capitalism doesn't seem to be holding down salaries of the careers you listed. Its noteworthy that most of those industries are unionized, but if the unions are worth anything at all they should be pushing salaries higher than the market would have otherwise paid.