A student who is not on the job market this year wrote to ask me whether the stupendously bad job market will cause the starting salaries of philosophers to drop. On the one hand, it seems that new PhDs should be willing to work for less money. But obviously there are features of the process of hiring a new faculty member which would require universities to offer competitive salaries.
Anyway, I'm totally out of touch with what beginning salaries are like. What do beginning Assistant Profs make? Does anyone have any sense of whether the bad market is resulting in more modest starting salaries?