chobeat@lemmy.ml to Technology@lemmy.worldEnglish · 1 day agoA ‘demoralizing' trend has computer science grads out of work — even minimum wage jobs. Are 6-figure tech careers over?www.yahoo.comexternal-linkmessage-square132fedilinkarrow-up1347arrow-down113cross-posted to: technology@beehaw.org
arrow-up1334arrow-down1external-linkA ‘demoralizing' trend has computer science grads out of work — even minimum wage jobs. Are 6-figure tech careers over?www.yahoo.comchobeat@lemmy.ml to Technology@lemmy.worldEnglish · 1 day agomessage-square132fedilinkcross-posted to: technology@beehaw.org
minus-squareRoss_audio@lemmy.worldlinkfedilinkEnglisharrow-up14arrow-down1·15 hours agoI’m not sure that works. There were 20 shillings to the pound. So £0.75 a week. This inflation calculator: https://www.bankofengland.co.uk/monetary-policy/inflation/inflation-calculator £75 in 1843 is equivalent to £8,310.96 So 15s then is equivalent to £83.11 a week, £4321.72 a year. 40 hour week (which is implied to be too low). ~£2.08 an hour So if he worked over 40 hours you’re talking a sub £2/hour wage. Around $2.70 in US money. I suspect the stat relies on converting to dollars before applying inflation as GBP to USD was about 1 to 5 then instead of about 1 to 1.33 It’s fun but I wouldn’t want to denigrate Dickens by saying he got poverty wrong to make a political point.
minus-squarefinalarbiter@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up9·9 hours ago It’s fun but I wouldn’t want to denigrate Dickens by saying he got poverty wrong to make a political point. I think they’re actually making the opposite claim- American wages are just that fucked, rather than Dickens being wrong
minus-squareprettybunnys@sh.itjust.workslinkfedilinkEnglisharrow-up5·7 hours agoI think who you’re responding to knows that and is saying while doing the math wrong makes their point better it does Dickens wrong.
I’m not sure that works. There were 20 shillings to the pound.
So £0.75 a week.
This inflation calculator:
https://www.bankofengland.co.uk/monetary-policy/inflation/inflation-calculator
£75 in 1843 is equivalent to £8,310.96
So 15s then is equivalent to £83.11 a week, £4321.72 a year.
40 hour week (which is implied to be too low). ~£2.08 an hour
So if he worked over 40 hours you’re talking a sub £2/hour wage. Around $2.70 in US money.
I suspect the stat relies on converting to dollars before applying inflation as GBP to USD was about 1 to 5 then instead of about 1 to 1.33
It’s fun but I wouldn’t want to denigrate Dickens by saying he got poverty wrong to make a political point.
I think they’re actually making the opposite claim- American wages are just that fucked, rather than Dickens being wrong
I think who you’re responding to knows that and is saying while doing the math wrong makes their point better it does Dickens wrong.
I think
Unfortunately you aren’t