From: fierro@uts.amdahl.com (Doug Fierro)
Newsgroups: sci.econ
Subject: Re: jobs, again
Date: 23 Nov 92 03:15:09 GMT
Organization: Amdahl Corporation, Sunnyvale CA

In article <37651@uflorida.cis.ufl.edu> jfh@reef.cis.ufl.edu (James F. Hranicky) writes:
>On the subject of where someone should find a job, consider this:
>
>If the economy were allowed to flourish without the government pulling 
>massive amounts of capital from it, or passing stupid laws like the minimum
>wage law, or giving unions the power to push up nominal wage rates,
>there would be plenty of jobs for those who needed them. Also, where
>did all the workers displaced from the horse-and-buggy industries find
>more jobs? The jobs would be out there is we had a free market.
>
>Personally, I would advise college freshman to major in some computer
>related field (like me.)
>
>Jim Hranicky (jfh@reef.cis.ufl.edu)


  Refer to the Oct. 26th 1992 issue of U.S. News and World Report for their
analysis of the best jobs for the future.   They do a good analysis both by
salary and region, and they list regional average salaries by profession and
experience.  There are a few parts I disagree with but overall it's a good
piece.  I'm not going to type in the whole article but here is the opening
part:

%  Salary Survey
%  How much you make may depend quite heavily on where you choose to live
%
%  Anyone still hoping that the pay picture can only get brighter?  Better
%face it- fat raises are not yet on the agenda.  Workers at 9 percent of the 
%organizations surveyed by the Wyatt Co, a compensation and benefits consulting
%firm in New York, can expect no raise this year; about 9 percent of companies
%plan to freeze wages in 1993 as well.  Average teachers' salaries rose only
%3.6 percent during the 1991-1992 school year, their smallest increase in 27
%years, according to the American Federation of Teachers.  Physical therapists,
%pharmacists and nurses, by contrast, enjoyed raises of up to 7.3 percent.
%Across the board, salaries rose 5 percent in 1992, barely beating inflation.
%According to Wyatt, which has provided U.S. News with the data used in the
%exclusive salary survey that follows, planned raises for 1993 average 4.8 
%percent.
%
%  While your earnings potential depends mostly on which trade you ply, it can
%also vary significantly with where you choose to ply it.  The U.S. News survey
%looks at what 20 jobs pay, on average, at the entry, senior and manager 
%levels in five regions of the country.  (Wyatt does not track doctors' or 
%teachers' salaries; those come from the Hay Group, a compensation consulting
%firm, from the AFT.)  Teachers might target Connecticut, where average pay
%runs $47,500 a year, more than twice the $23,300 average in South Dakota.
%Pathologists fare best in the Southeast, where a relative scarcity of managed
%health care programs such as health maintenance organizations means doctors
%are freer to set their fees.  In the Northeast, where companies have embraced
%managed care, participating doctors typically are limited in what they can
%charge.
%
%  Since pay is not always an indicator of job security- witness all the 
%handsomely paid aerospace engineers scrubbed by defense cutbacks- U.S. News
%has also profiled "hot tracks" in 20 professions, identified through interviews
%with human-resource pros and market-watchers at professional associations.
%People interested in consulting might consider outplacement, where revenues
%have risen from $50 million in 1980 to $650 million last year.  Budding
%engineers may want to consider civil engineering, given the looming need for
%an overhaul of much of the country's infrastructure.  Salary information is
%included, as are training requirements and suggestions about the best places
%to start hunting.
%
-- 
                                                     Doug Fierro
                                      |\             UTS System Software
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Newsgroups: sci.econ