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Old Posted Jul 9, 2014, 11:20 AM
BrownTown BrownTown is offline
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Quote:
Originally Posted by hygge View Post
Texas has the 25th highest average wage in the US as of 2011 and the 43rd worst Gini coefficient (an indicator of income inequality). So no, the jobs are not "good paying" at all. Regardless, hopefully this project gets built so it will show the tea crazies that rail can work in this country.
That's a pretty simplistic way of looking at it. For one thing, a lot of the NEW jobs are high paying even if the existing ones aren't. More importantly though is the fact that you have to consider the cost of living in each state. For example, making a six figure salary in Texas will give you much more disposable income than making the same income in Silicon Valley so many tech companies decide to move because they can pay less (nobody is denying this part), but the employee is actually just as well off. Also, a lot of the new jobs are in the oil industry which is always one of the highest paying industries.
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