The 10 Hardest Jobs To Fill In America
forbes.com
forbes.com
Engineer
Nurse
Skilled Trades
Teacher
Sales Representative
Technician
Truck Driver
Information Technology Staff
Laborer
Machinist or Machine Operator
"Photo-slide shows" on the web need to die, anytime I see one, I never click on it. These ad-spam on these things is nearing the annoyance levels of most porn sites..
There are currently 2.9 million licensed nurses nationwide, and we're currently 150k nurses short. By 2020, the government predicts a nursing shortage of 500k to 800k nurses due to retirements, aging baby boomers and a shortage of nursing instructors.
There are many types of engineers, many subjects to teach, countless things to sell, etc etc.
Not to mention packaged in a needlessly complex UI of distracting photos. The Driver page says "specifically truck drivers" and then shows a photo of a limo.
He has friends who went into investment banking and are making 7 figures yet the idea of 100k right out of school is supposed to be a great job. The real choice in his mind was extreme pay for 90 hour work weeks or reasonable pay for a 9-5. And Engineering is neither of those.
So in this case, my objection that we're enforcing these "artifical restrictions" very unevenly, based on whether congress declares a "labor shortage" in a particular field.
And ultimately, the only way to truly remove the "Artifical restrictions" you're talking about would be unlimited immigration on a global scale. I actually love the idea as a long term goal for humanity, but for the moment, I think it would be insane for the US to pursue open borders, and even more so if the rest of the world doesn't reciprocate.
I think the difference is that there are enough people who can do some jobs who are willing to work for what other people are willing to pay, so there's no perceived need for people to try to get more. On mowing lawns, though, perhaps you aren't aware that in many places in the US, lawns are mowed primarily by immigrants who are willing to accept a lower wage than legal citizens would be (since they risk deportation if they complain about not getting minimum wage, or think they do).
The real problem is that there's no way to know what the right answers are once you start trying to manage the economy rather than letting it go. Each attempt to solve a problem with force causes other problems, which are then ripe for solving with more force, but at each stage, the problems that you're going to cause are mostly invisible compared to the problem you're solving.
It's pretty impressive that the US culture and governmental structure has resisted this trend as well and as long as it has, but at some point, things are going to go very badly more quickly than most people who haven't experienced such a thing can imagine. We can all hope that isn't soon. :)
the government has created a visa for migratory crop picking, though.
Another possibility, though, is that lawn mowing has no giant corporations, and hence no industry-wide employer lobby to push for visa programs.
How much you pay an employee has only a tangential relation to the value that employee produces for its customers (both internal and external).
Only so far as it could contribute to a cost structure that could lead to a rev model that a consumer doesn't find value in. (COULD being operative because many businesses have a few of these top-heavy roles that are absorbed elsewhere).
If you can't innovate your way out of it, and you can't scale your way out of it, you have no choice but to raise prices. If that breaks the camels back, so to speak, we have a name for that: It's called a poor business model.
This applies to materials and services as well. Scarcity in Economics 101.
As for salary, a good Engineer can be making over 100,000 five years out of school. It's not f&k you* money, but it's nothing to shrug off.
Any there any left?
The only true sign a job is underpaid is that it's impossible to recruit anyone to do it.
My aunt was an ER nurse who moved into private practice (plastic surgery scrub nurse). Her former hospital calls her on occassion and ups the compensation. I figure if you have to call old employees and promise more money than that is a sign someone is underpaid.
Note, a scrub nurse requires a MS.N. and certs out the wazoo. Those are hard to come by because there aren't enough teachers.
http://news.bbc.co.uk/1/hi/health/7304537.stm
High unemployment (despite the wider economy - the BBC has stories like this going back to 2003) and low wages is classic oversupply.