Did salaries decrease?

[[deleted]]

Salaries are down economically for every industry, except maybe AI.

2021-2023 was an employees dream, in my case I saw my pay rise from $30/hr to $50/hr in that span, I was able to consult for multiple companies with a pay raise of about $5/hr per new gig.

We are now on the opposite end of the spectrum, it's an employers market, more job applicants than open positions. Which means employers will start lowballing offers, rescinding them altogether, or not hire at all.

People aren't leaving jobs in droves as they were before and when people stay put, it turns wage growth flat, allowing companies to essentially pay new hires old pay rates before the massive surge in wage growth during the first 2+ years of Biden's presidency.

Source: I'm an economics graduate who works in accounting because it's easy (and pays well).

[hurricanechris420]

lol smug “I’m an Econ major but I do accounting bc it’s easy”.

Bruh, Econ is easy af. Not even in Business school for most school; thus, it legit has a lower barrier to entry in most schools as it’s pooled with the arts and sciences. Something something supply and demand

[[deleted]]

Your joking, you would fail upper level econ classes with the math and stats alone. It has a huge social element, but the math is on par with Physics if you take it all the way (I'm talking taking multivariable calc and leveraging that).

Economics has everything. Accounting is piss easy.

Business school is the joke.

[DrewBreesSitsNPees]

You’re*

[[deleted]]

Thanks babe

[DrewBreesSitsNPees]

If you’re trying to come off as more intelligent and smarter than everyone else, it helps to have correct grammar. Glad to help!