11 Compensating%20Wage%20Diffs%201 - In the pinnacle of...

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    
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    Average Salary: $43,000 [source: SimplyHired ]. In California, average hourly wage: $16.04 With overtime: over $60,000 a year [source: CEED , Parsons ]. In the pinnacle of dirty jobs, garbage collectors have to deal hands-on with our trash, day in and day out. Sanitation workers often put in long shifts, traveling up and down our streets to pick up trash while dodging impatient drivers -- who occasionally hit the guys who are emptying trash cans. That's one reason why trash collecting consistently ranks high on lists of dangerous jobs [source: Morsch].
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   These doctors specialize in the process that most of us wish would remain mysterious -- the body's digestion. $250,000 and $400,000 a year
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     Offshore rig life is especially difficult. It involves spending weeks at a time sleeping, eating and working 12-hour days or nights on a man-made drill rig in the middle of the ocean. Aside from the cramped conditions, heavy machinery and explosive materials make this a perilous job that requires hardhats and steel-toed boots. Even lowly workers can get a nice annual pay over $40,000 [source: Miller ]. Salaries can skyrocket for people with certain college degrees and for overseas work [source: OilJobFinder ]
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     $50,000 a year [source: AOL ]
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    Off the Alaskan shore, crab fishermen face freezing waters and storms that give way to gargantuan ocean waves. If the fishermen can protect themselves from being swept overboard in a storm, they'll still have to worry about the dangers of fishing machinery and coils on crab boats, which can also fling them overboard. And even if they avoid drowning, cold temperatures can give way to fatal hypothermia. These workers brave harsh conditions in shifts that can last as long as 21 hours to haul hefty catches [source: Miller ]. Few months a year: about $60,000 [source: Miller ].
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      Efficient – maximum surplus captured No unemployment w E E* w* S D
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      Market Interference DWL With Tax Employment falls Wage to workers falls Per worker cost to firm increase Burden of tax depends on relative elasticities of S and D w E E* w* S D D TAX E w
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          Single Labor Market Characterized by a single wage We know people are paid differently “Section 2” Allow job/individual characteristics to vary
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11 Compensating%20Wage%20Diffs%201 - In the pinnacle of...

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