181–190 of 246 posts
> raise wages by four percent over the next two years Matching inflation is not much of a raise.
June CPI is up 5.4% YoY and 4.5% ex food and energy, so this doesn't even come close to covering that.
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I feel like there is something interesting in here but the finance jargon and writing style is obscuring it for me.
It was unclear for me too. Though the gist of what I understood around the jargon: Overvalued companies are driven by the stock market to have unsustainable growth, always more than before or at the very least always going up over time, even with complete market dominance. Therefore once a company caps out a market only cutting quality or civic duty corners are left and it becomes a knife-fight to the death for all i…
https://en.wikipedia.org/wiki/Tendency_of_the_rate_of_profit...
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Its a very good question. I think in general it is important to realize that a significant amount of "design" work goes in to creating economies. Local, state, and national decisions will lead to certain conditions. How were those decisions made, and under what conditions? For any given place the answer will be different. How does one place compare to another? It is my view that it is perfectly feasible to design eco…
These are NOT "design" jobs. They aren't "knowledge/service" jobs either. And fun fact: retraining absolutely does not work. Less than 10% can be retrained and usually they are the segment that could have retrained themselves without specific retraining.
Jeez! 59 year old guy with the same salary for the last 10 years. People working in 100 degree temperatures with no air conditioning. This is depressing to read :(
It’s these people I think about when reading the weekly threads here on developer burn out.
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All this will do is drive up the cost of housing as remote workers compete for it, driving out the locals. Remote workers also don’t fully contribute to the economy of the rural area because their place of employment is not in that area. If the company the remote worker works for does well and grows, that won’t grow the rural community.
Right but the remote worker will spend money locally keeping the local economy going. And do you not pay local income tax? The only possible downside is if they're hooked on convenience and order everything online from amazon or whatever instead of patronising local shops.
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I thought so as well, but then I started offering jobs to people I knew hated their jobs and also worked unpaid overtime constantly, with the smallest salaries. But for some reason, when offered a 6x salary freelancing, for less hours, with guidance, and the road paved as much as possible, everyone refuses. Turns out there are people who take shitty jobs on purpose, out of a sense of... I don't know, fear, embarrassm…
How many of these people had all of the necessary funds to fall back on should their foray into freelancing not go as planned?
All of them in this case did, with no families or major expenses to support, and not a weird scam or pyramid scheme, just standard contract development work where in two or three contractually secured months they'd make what they currently do in over a year. The reason is basically geographical, working for clients abroad is just ridiculously more profitable (think Venezuela).
The risk in this case is extremely low, I wasn't looking for referrals either (I'd offered to give it to them if there were any), just genuinely wanted my friends to earn more and work less.
My brother-in-law works at the Target distribution center in Topeka, and is very confused why these workers don't just quit and work at either the Target or WalMart centers that are practically next-door and begging for workers. Definitely sounds like a rough gig here, but everyone is begging for entry-level labor, most at higher wages than this. The workers need to just protest with their feet and quit.
Anyone knows why people decide to do this kind of time consuming work? Is the world getting hard enough that there is no alternative? Whenever I see people working really hard in other parts of the world, especially when the country is filled with other opportunities, I always wonder is it just everyone else that is raising the bar and now the standard is very time consuming work. For example, there's year long touri…
Not everyone has the opportunities that many of us on HN have enjoyed. The HN crowd is insanely privileged. Don’t assume they have had the same access to opportunity that you did or they have the same talents you do. In my own life, I was one decision away from driving trucks in West Virginia. The decision at the time was not obvious and the path I took was much harder. It took 10 years to see light at the end of the…
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> All this will do is drive up the cost of housing as remote workers compete for it when you stop competing for the same strip of land, 10 miles from the pacific ocean, it turns out there's a sort of stupendous amount of land. while, yes, there will technically be some competition, in the areas under discussion i don't think it will meaningfully effect housing prices. (i could divide the amount of land in rural ameri…
https://www.businessinsider.com/missoula-montana-residents-f...
are you at all familiar with missoula? i am. my wife is from there. i visit regularly.
it is packed into one end of a mountain valley, surrounded by mountains on three sides. the land there was already extremely limited.