> Machinists and Tool and Die Makers
> 2023 Median Pay: $53,180/yr, $25.57/hr
Just in case geography matters, since TFA mentions Connecticut, dug down a little further by geography. Note the transition from median to mean here:
> 51-4111 Tool and Die Makers
> Mean wage: $71,360/yr, $34.31/hr,
> 51-4041 Machinists
> Mean wage: $60,290/yr, $28.98/hr
[0] https://www.bls.gov/ooh/production/machinists-and-tool-and-d...
I.e. we're only looking at the top paying jobs. Then, look at that we're taking a yearly pay to calculate an hourly rate. Fifty hour weeks are more the norm.
When there is a genuine shortage of labor, salaries rise to correct it.
Unless America is going to push business "leaders" to bring jobs home through tax and finance structures, I wouldn't count on pay going up. You cannot count on Mac or similar to bring jobs home to virtue signal - American capitalism generally means if you aren't cheaper or noticably better, you'll be fed to the wolves.
It's a bit trite, but: Is it a shortage of labor, or is it a shortage of pay for labor?
I realize that other issues can come into play like barriers of accreditation, people not realizing demand exists, lack of funds to pursue education to supply the demand, or a perception that the whole career-direction is a "bad bet", etc... Yet once you've seen somebody say "labor shortage" to describe a situation where the pay is terrible, it's hard to un-see it as a kind of sneaky blame-shifting tactic.
Ex: "I can't find anyone willing to sell me a new car for $1,000! Clearly America is gripped by a devastating car shortage. Manufacturers must step up production, and the government can help fix this crisis by giving car-purchasers like myself a tax break."