Wednesday, April 19, 2006

What Americans Earn

I came accross an archive of generic job descriptions on line. What is interesting is that most job pay a median incomes less the stated per capita GNP, see CIA's World Factbook. So where is all the money going. These job descriptions or "occupational analysis" provide many and interesting figures. In an old Hapers/Atlantic magazine there was an a story on how airline pilots had become to believe the rhetoic that competion and deregulation and forget they were actually working for a living. This was explained that most pilots, then in the early 90's late 80's, earned more $100K and so adopted a mangement viewpoint to economic "reform". That was before the massive shakeout of american airline industry. $100k in the late 80's, 1987 would be worth $150 and $250K today and according to the website noted above, 90% of airline pilots, and flight engineers make less than $100K. Most make less the median pay 20 years ago.

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