This article discusses the trend in rising wages in the computer technology, accounting, and engineering fields. Weber comments on how Wages rose 3.4% from 2011 to 2012 for full-time workers in computer and mathematical occupations, 5.1% for accountants and auditors, 7.5% for electrical engineers, and 4.4% for mechanical engineers. Weber further discusses how we need to start looking at increases in wages to determine what fields of work will have the best return.
http://blogs.wsj.com/atwork/2013/02/08/are-wages-about-to-start-rising/
1 comment:
I think it's fantastic that wages in these industries are rising. Weber mentions that this may be a "precursor to a wider phenomenon." Let's hope that this is the case. While mathematical fields, engineers, and employees of the energy industry receive bumps in pay, positions such as teachers and public sector employees are seeing minimal change. Unemployment remains high and will as long as companies are cutting their fixed costs. Unfortunately, it's these teaching positions that the market needs to move more students into the white-collar, skilled laborer positions. But, are all of these pay increases to wholly account for more employers asking their employers to pick up the new health care premiums?
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