I spoke today with Diane Swonk1, chief economist at Mesirow Financial, who mentioned that she has been keeping an eye on which industries and occupations are giving raises. Unfortunately, not many fall under that category.
As of March, the Labor Department s index for the cost of total compensation2 for all civilian workers was just 0.3 percent higher than a year earlier, after adjusting for inflation. To give some context, the year-over-year change in this index which includes wages and salaries as well as benefits has averaged 0.7 percent since 1982, the first year these data became available.
Inflation has been very low in recent years, but it has still been substantial enough to mostly wipe out the meager raises that American workers have been receiving in nominal terms. (Before adjusting for inflation, compensation rose 1.8 percent year-over-year in March, compared with a long-term average of 3.7 percent.) Workers raises are also slightly lower if you strip out the cost of benefits, particularly since the rise in health care costs has generally outpaced the rise in wages. That s probably not a coincidence; growing health care costs are eating up other forms of compensation that employers might otherwise provide. 3
The lack of major wage gains across the board seems to contradict the idea that the economy is suffering from a major bout of skills mismatch. I have no doubt that employers in some industries are having trouble finding workers with relevant skills, but if skills mismatch were the primary driver of the country s lackluster hiring in recent years, then we would expect to see many more businesses bidding up wages in pursuit of those rare skilled workers who are available.
The two categories that have shown the biggest year-over-year increases in total compensation are (1) occupations in transportation and material moving and (2) employees at junior colleges, colleges, universities and professional schools.
So what do truckers and professors have in common? Ms. Swonk observes that their jobs are both hard to either outsource or automate, unlike a lot of other occupations.
That is becoming less true for professors, though, in the age of massive open online courses, or MOOCs4. MOOCs help schools cut down on labor costs by scaling up the number of students who can be taught by a single professor in some cases, a professor they don t even directly employ. And professors are worrying about being displaced. As The Chronicle of Higher Education reported5 Thursday, faculty members in the philosophy department at San Jose State University released an open letter saying they refuse to adopt a MOOC with lectures from a Harvard professor because they don t want to enable efforts to replace professors, dismantle departments, and provide a diminished education for students in public universities.
On the other hand, MOOCs could still push up the overall level of wages for people employed at colleges by changing the composition of workers on those payrolls; the superstar professors whose lectures are featured in large-scale online courses will continue to be paid a lot, while the lower-wage professor jobs at community colleges and other strapped schools could be eliminated altogether, stripping out the bottom part of the pay distribution in higher education.
Naturally, someone who s interested in becoming a trucker wants to know about truck driving salaries. Truck driver salaries vary with the type of freight a trucker takes on as well as its weight. For instance, there is specialized freight trucking and generalized freight trucking. Trucker salaries also depend on a person s training and experience. The following looks at the different types of truck driving jobs as well as their salaries.
A Heavy Tractor Trailer Truck Driver
According to the Bureau of Labor Statistics (BLS), heavy tractor trailer truck drivers earned an average annual salary of $37,770 in 2010. These truck drivers have CDL training as well as a high school diploma. A truck driver of this type can earn a higher salary as he or she gains more hauling experience and establishes a stellar safety record. With more industry activity and new businesses opening up, this trucking occupation is expected to grow.
Over the Road OTR Truck Drivers
OTR truck drivers salaries differ depending upon what the person is hauling. OTR trucker salaries range from $40,000 to $60,000 a year. A trucker who is driving a refrigerated truck has to have the training and experience to handle the great responsibility of that type of hauling. Not surprisingly, he or she will be at the higher end of the OTR driver salary range. Alternatively, an OTR truck driver hauling dry goods or non-perishable items has less responsibility than a refrigerated truck driver so he or she usually earns less.
When a truck driver is hauling specialized freight, he or she has a higher salary than a trucker hauling generalized freight. One example of specialized freight trucking would be someone who drives a truck that delivers new cars to an automobile dealership. Truckers who handle these trucks have to learn how to maneuver these special rigs to get the cars to the dealership safely and without any damage to the load. These truck drivers salaries are approximately $50,000 a year depending upon experience.
Tanker Truck Drivers
A tanker truck driver may haul gasoline and other hazardous materials. Tanker truck driver salaries range from $45,000 to $60,000 a year. In some cases, a tanker trucking company may train drivers to handle these special vehicles, and then hire people who successfully complete the training program. The more experience a tanker driver gets, the more he or she can earn. Of course, in this type of hauling, a truck driver must maintain a clean driving record and refresh his or her specialized driving skills periodically.
Finding Truck Driving Jobs
Attending a training program offered by a particular trucking company is one way to find a truck driving job. Another way is to join a trucking forum. A truck driver looking for work may pick up some leads from other truckers communicating on the forum. TruckersReport has a forum for truck drivers with all types of information helpful to drivers. For instance, an individual may be able to find out more specifics regarding the truck driving salaries paid by certain companies. A driver can also learn more about truck insurance. Sometimes just a tidbit of information found on a trucking forum can lead to solid employment in the trucking industry.
Oil Field Truck Drivers
These truckers haul a variety of materials to oil fields. Some oil field truck driving salaries can be as high as $65,000 a year. This type of hauling requires experienced drivers with excellent driving records. These drivers are sometimes responsible for hazardous materials and therefore have the opportunity to earn a high salary. With the fracking industry being explored, this type of specialized truck driving is in more demand. Oftentimes, these drivers work at a particular site and are able to be home every evening after work. This is something that many professional truck drivers appreciate.
For more information on truck driver salaries, please visit:
Truck Driving Owner Operator Jobs: A Career that Shines
With the rapid growth in transport industry and related sectors, huge opportunities are soared for the truck drivers who have magic in their hands. The driving sector is offering a huge spectrum of opportunities for those who have a crave for driving. Truck driving owner operator jobs are the best tool that allow you to show off your skills to outer world. Nowadays , logistic company owners are on the spree to higher trained and skilled truck drivers for their fleet. A number of transport companies even now are offering handsome salaries and packages according to the skills and qualification.
Those candidates who are true professionals and have more experience in the trade get more benefits in compare to the other drivers in the same trade. The emerging requirement of truck drivers is being seen across the United States and other associated regions.
Now the process for applying truck driving job is getting easier by each day and certainly a matter of few clicks. Now candidates directly can apply for the job over numerous online portals available for the purpose.
Candidates can now apply for the post by visiting the website and making a complimentary registration to become the member of the website. Now the user need to login to the same website and furnish the essential details including personal details, contact address and qualification. Some other categories are also available to enable you to fill the details about prior industry experience and other essential data about the comprehensive work culture of the employer.
You must fill in the eligibility criterion and other qualification details in the order it is being asked. A column also asks for the moving violations and the penalties imposed for the accidents if any. Once your form is get scrutinized positively, you are asked to appear for an entrance test and in case you qualify the test, you may further appear for the final interview.
Truck driving owner operator jobs are very lucrative and joyful job if done with the sheer enthusiasm. Make sure that your career grows in right direction with these highly paid job and career. Now candidates directly can apply for the job over numerous online portals available for the purpose.
|Posted on 20/08/2012||CT: 3066385-01#0008|
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