“If you're driving for FedEx in the United States, you'll earn a pretty solid living. FedEx drivers in the U.S. earn from $13 to $31 per houron average.Mar” Indeed said $130 a day. All the higher paid ones are gone unless they can drive a big rig. Independent Contractors making $15 hr don’t seem like a lot to me. A retired military friend owns a depot and pay’s <$13, not much cash.
Fedex Ground is the long time contractor based division that is only recently (last year or two) being absorbed into FEDEX wholly owned structure and their salary base. Anyway looking at what the average a newbie gets vs multiple year workers is distorting the wage picture to say the least. $130/day pffft
I knew a couple who went to our church and were told a “pay drop from $50,000 to $25,000 or move to a emerging hub like Hawaii.” They use to make more than UPS in 1990, by 2015 drivers-ICs were making stupid low Uber wages because of costs and getting duped in to buying bad routes that averaged poor wages. It’s early, sorry if this is off.
I may be wrong, but it seems that economists aren't tracking employment figures tied to YT/TkTk/Instagm and such. Apparently revenue for micro accounts is around $400 per post and climb pretty significantly as the number of followers increase. 100k followers brings in an avg $3k/post. Since the avg weekly gross income is $1300 /week ($68k/year), it would only take a couple videos a week to earn that avg salary, which is fairly substantial and inflation inducing. I imagine it's not so easy to reach 100k followers, but it propels the influencer into the low 6 figures income, something few could every imagine making. This is what I found on the web: "When looking at the US specifically, micro influencers are the biggest group, with over 793,000 throughout the country. Next up is the medium influencer group, with over 685,000 influencers throughout the US. Then followed by 51,700 macro influencers, and more than 5000 mega influencers." (blog.heepsy.com) That's 1.5 million who aren't going back to the expected employment market, which is short over 9 million people. The carry over employment created by these influencers (production, marketing, etc.) is also probably significant and sucked out of the traditional economy. The point is, the economy is transforming dramatically in front of our eyes by people who find ways to avoid going into 9 to 5 jobs (traders?) and paid significantly less. This creates additional tax revenue for the government but doesn't fill the jobs that remain vacant. Either the US will need to let poor migrants back in to take the jobs no one wants to do or the retail economy will continue to shrink and empower the home delivery businesses.