Comment Year 2000 is the wrong baseline (Score 1) 660
The use of the year 2000 distorts the argument as it was an abnormal high point for earnings. In 1999 and 2000, IT salaries benefited greatly out of all proportion to the productivity gain the workers provided to companies due to the scramble for Y2K compliance. A longer baseline going back to 1997 and treating 2000 as an outlier would provide a very different picture that is more likely to reflect real trends in hourly rates etc.