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0 pointsaylmao1y ago0 comments

A lot of things "flood the job market". In 2021, >104k degrees CIS degrees were awarded by US colleges [1]. There's a flood of young people entering the market every year, and they're willing to work for >30% less than experienced engineers because it's their first proper job.

IMO as with all things money, it's all about negotiation. Of course a lot of negotiating power simply has to do with the market supply/demand, but a whole lot has to do with policy and rules. Giving more negotiating power to H1Bs would definitely put upwards pressure on salaries.

Re: construction workers. Same problem, worker's rights. A lot of construction workers are undocumented: an estimated 20 percent [2][3]. Undocumented immigrants have virtually no negotiating power. Allowing this solid 1/5th of the workforce to confront their employer without fear of deportation would go a long way increasing compensation for the industry as a whole.

[1]: https://nces.ed.gov/programs/digest/d22/tables/dt22_322.10.a...

[3]: https://limos.engin.umich.edu/deitabase/2024/05/28/undocumen...

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greentxt1y ago

"Allowing this solid 1/5th of the workforce to confront their employer without fear of deportation would go a long way increasing compensation for the industry as a whole."

It is strange to read this all typed out in earnest like that. Housing costs triple over night for the win? We'll all be homeless but those of us in construction will get a boost (or decreased competition from low cost imported labor).

aylmaoOP1y ago

> Housing costs triple over night for the win? We'll all be homeless but those of us in construction will get a boost (or decreased competition from low cost imported labor).

Your discourse is sensationalist and unnecessarily agitated. Paying workers a fair wage wouldn't triple housing costs, that figure is completely made up.

> We'll all be homeless

It also wouldn't lead to complete homelessness.

greentxt1y ago

Precisely! The real discussion is how much would it decrease supply and what impact on the homeless rate would occur per unit change in labor input cost. Discussion of good/bad/better/worse is fruitless. We need data. But you take the first step by acknowledging these are related costs and social outcomes that exist in a delicate equilibria. Many would just say to heck with unintended consequences it's a matter of principal or ideological mandate. Gotta break a few eggs types.

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0 pointsaylmao1y ago0 comments

[1]: https://nces.ed.gov/programs/digest/d22/tables/dt22_322.10.a...

[3]: https://limos.engin.umich.edu/deitabase/2024/05/28/undocumen...

0 comments

greentxt1y ago

"Allowing this solid 1/5th of the workforce to confront their employer without fear of deportation would go a long way increasing compensation for the industry as a whole."

aylmaoOP1y ago

> Housing costs triple over night for the win? We'll all be homeless but those of us in construction will get a boost (or decreased competition from low cost imported labor).

Your discourse is sensationalist and unnecessarily agitated. Paying workers a fair wage wouldn't triple housing costs, that figure is completely made up.

> We'll all be homeless

It also wouldn't lead to complete homelessness.

greentxt1y ago

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