I agree. You should be making more per hour.
Wages are on the decline for workers such as you.
Just look at this:
Income
The top one percent of households received 21.8 percent of all pre-tax income in 2005, more than double what that figure was in the 1970s. (The top one percent's share of total income bottomed out at 8.9 percent in 1976.) This is the greatest concentration of income since 1928, when 23.9 percent of all income went to the richest one percent. (Piketty and Saez)
The above figures include capital gains, which are strongly affected by the ups and downs of the financial markets. Excluding capital gains, the richest one percent claimed 17.4 percent of all pre-tax income in 2005, more than double what that figure was in the 1970s. (It bottomed out at 7.8 percent in 1973.) This is the greatest concentration of income since 1936, when the richest one percent received 17.6 percent of total income. (Piketty and Saez)
Between 1979 and 2005, the top five percent of American families saw their real incomes increase 81 percent. Over the same period, the lowest-income fifth saw their real incomes decline 1 percent. (Census Bureau)
In 1979, the average income of the top 5 percent of families was 11.4 times as large as the average income of the bottom 20 percent. In 2005, the ratio was 20.9 times. (EPI, State of Working America 2006-07, Figure 1J)
All of the income gains in 2005 went to the top 10 percent of households, while the bottom 90 percent of households saw income declines. (EPI Snapshot, March 28, 2007)
Unprecedented levels of capital income are fueling inequality in the current business cycle. In the third quarter of 2006, the share of corporate income going to capital (profits and interest) hit an all-time high of 23 percent, with the remaining 77 percent going to employee compensation. Since capital income disproportionately goes to the top of the income scale, this shift towards capital income increases the income gap. (EPI Snapshot, Jan. 17, 2007)
http://www.demos.org/inequality/numbers.cfm
2007-09-30 13:23:59
·
answer #1
·
answered by Twilight 6
·
0⤊
2⤋
I heard a construction company owner around here say that he would rather hire 3 (unlicensed) illegals at $8 an hour rather than pay 1 legal electrician the going rate in this area (which is over $30 per hour). I always thought that you could only hire licensed electricians (does someone check their work). Kind of scary. But based on that guy's statement, I would say that at least in this area, you are only worth $8 per hour. Sorry.
2007-09-30 20:20:26
·
answer #2
·
answered by Yo it's Me 7
·
0⤊
0⤋
You are worth what the customer will pay.
When all the electricians are employed at 21.00 and somebody needs one...they'll pay 22.00 to get one
2007-09-30 20:12:23
·
answer #3
·
answered by gcbtrading 7
·
1⤊
0⤋
Is that an hourly rate? I know that union electricians in larger cities make $50 per hour and more.
2007-09-30 20:12:38
·
answer #4
·
answered by Anonymous
·
0⤊
0⤋
I am assuming you are talking about your pay of $21.00 per hour? If you dont like, go work for someone else, noone is stopping.
2007-09-30 20:12:47
·
answer #5
·
answered by Anonymous
·
0⤊
1⤋
if you work for a company, you will make $25-30 per hour at say a department store. If you work for a construction company, you're union, and have your 4 year apprenticeship done, you will probably make $50-65 per hour.
2007-09-30 20:15:06
·
answer #6
·
answered by Your #1 fan 6
·
3⤊
0⤋
Completely depends on local conditions. If you live in rural/semi-rural areas, it might be the going rate. If you live in a city, it is probably very low.
2007-09-30 20:14:34
·
answer #7
·
answered by WJ 7
·
0⤊
0⤋
Count your blessings. Around here they make about $14. per hour
2007-09-30 20:21:52
·
answer #8
·
answered by jonn449 6
·
0⤊
0⤋
Enough for what? A postage stamp or a SUV?
2007-09-30 20:17:22
·
answer #9
·
answered by lordkelvin 7
·
2⤊
0⤋
then start your own gig. it's every employers goal to pay you asw little as possible. and btw $42,000 is not bad.
2007-09-30 20:50:27
·
answer #10
·
answered by Mr. Burns 3
·
1⤊
0⤋