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Can you say recession
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<blockquote data-quote="deleted member" data-source="post: 415801" data-attributes="member: 816"><p>i was making $15-16/hour driving bus in the 90s during the school year at college and paying my "employees" who helped me with my tree cutting business in the summer $20/hour cash. </p><p></p><p>the median wage in ND in 2022 was about 41k/year. that's about exactly $20/hour. "average" per capita is about $70k. so, the idea that $20 in todays world is "good money", isn't quite penciling out in my head. it barely scratches a comfortable living wage. and, here is the thing: except for the lack of laborers, very few, if any, of those construction companies are struggling financially. they will bill $100-125/hour for every swinging hammer on the job site, pay them $20, pocket a minimum of $50-75/hour per hammer after all labor expenses are calculated, pat themselves on the back and wonder why "nobody wants to work". the fact is... especially in ND... they are working.... just not for them cause the pay doesn't justify the work.</p></blockquote><p></p>
[QUOTE="deleted member, post: 415801, member: 816"] i was making $15-16/hour driving bus in the 90s during the school year at college and paying my "employees" who helped me with my tree cutting business in the summer $20/hour cash. the median wage in ND in 2022 was about 41k/year. that's about exactly $20/hour. "average" per capita is about $70k. so, the idea that $20 in todays world is "good money", isn't quite penciling out in my head. it barely scratches a comfortable living wage. and, here is the thing: except for the lack of laborers, very few, if any, of those construction companies are struggling financially. they will bill $100-125/hour for every swinging hammer on the job site, pay them $20, pocket a minimum of $50-75/hour per hammer after all labor expenses are calculated, pat themselves on the back and wonder why "nobody wants to work". the fact is... especially in ND... they are working.... just not for them cause the pay doesn't justify the work. [/QUOTE]
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