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The relevant components of the inflation rate depend on who you are
(fixed mortgage rates vs. housing costs, driving time to work vs. fuel
costs, etc.). I suppose that increases in food costs are relevant to us
all!...
But given that the graph shows the tech boom crash as a steep drop, from
which the numbers have more than recovered -- yeah, I'll take that.
Wanna know who really suffered in the crash? Type in "computer
programmer" instead. You'll see less impressive gains in wages, and
terrible, uncorrected losses in sheer numbers. Compared with the
programmers, we got off easy.
> -----Original Message-----
> From: Gene Kim-Eng
> Sent: Tuesday, May 18, 2010 11:16 AM
> To: Dan Goldstein; techwr-l -at- lists -dot- techwr-l -dot- com
> Subject: Re: TW Wages vs. numbers of TWs; WAS: Fantastic
> reference tool
>
> YMMV depending on where you live and work, but I hope not.
> The numbers cited are indicative of near-zero employment
> growth since the crash of the last tech boom and a ~20%
> increase in average wages during a period in which the
> inflation rate was 28%.
>
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