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College and University Discussion
Reply to "2024 College Graduates, how’s the job market?"
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[quote=Anonymous][quote=Anonymous]A plumber yesterday told me they charge $420 per hour. I was shocked inflation drove plumbing service to $420 per hour! Now how many college majors offer $420 per hour, even ten years post-graduation? And the icing on the cake is AI will not replace residential plumbing maintenance jobs![/quote] That isn’t inflation. That’s supply and demand. Inflation is the slow grind of higher input costs. Supply and demand is when plumbers have figured out that the UMC are flush with money and the UMC would rather throw money at problems than fix them themselves. But, there aren’t a lot of plumbers around these highly educated, HCOL neighborhoods, so the plumbers who exist decide to charge a lot. Why? Because they can. Because demand for their service and the willingness and ability to pay for it far exceeds the number of people who do the work. [/quote]
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