The Rise and Fall of American Carpenters: When Home Repair STOPPED Paying? скачать в хорошем качестве

The Rise and Fall of American Carpenters: When Home Repair STOPPED Paying?

The American carpenter was once the backbone of the middle class, but today the profession faces an existential crisis despite a shortage of 439,000 skilled workers. This analysis investigates why a trade in such high demand creates so little wealth for the people actually swinging the hammers. In this video, we expose the economic mechanisms dismantling the construction industry, from the collapse of union membership to the widespread abuse of the 1099 independent contractor classification. You will learn how layers of management and developers absorb the majority of project fees, creating a disconnect where a customer pays $80 an hour but the worker takes home just $20. We analyze the long-term effects of the 2008 "tool belt recession," which permanently drove master craftsmen out of the workforce, leaving a massive skills gap. Furthermore, the narrative explores how the exploitation of undocumented labor and the introduction of prefabricated assembly have suppressed wages, alongside the recent trend of private equity firms rolling up local trade businesses to standardize costs and maximize profit extraction. Key discussion points: The 1099 Fraud: How misclassifying workers shifts tax burdens and risks The Middleman Tax: Why the money is in management, not craftsmanship The Experience Gap: The lasting damage of the 2008 housing collapse Business X-Ray investigates the rise, fall, and economics of the world's most influential companies and industries. ©Business X-Ray