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Ask HN: I'm an MIT senior and still unemployed – and so are most of my friends

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Re: Ask HN: I'm an MIT senior and still unemployed – and so are most of my friends

#91
> What helped you push through when it felt like the system failed you?

The feeling of inadequacy is an absolute self-esteem wrecker such that it distracts you from reality. You and your friends got into MIT, that's a big accomplishment. You're like a Tony Stark or whatever. Be proud of that attribute.

But I'll give you some reality: accept that you probably won't find a job in your field any time soon. It may take years. Once you accept that you don't have the cards, your mind starts thinking up more possibilities.

There is no shame in serving happy meals for awhile, but start aiming for a trade, perhaps some city/state work.

Re: Ask HN: I'm an MIT senior and still unemployed – and so are most of my friends

#92
post #2

Truly sorry you feel this way. For what it’s worth, this was common for people graduating into the 2008 financial crisis, too. It’s actually unusual that we went for so long without another period of contraction. From last time around: The people who kept pushing and took any job, anywhere turned out okay. This translated to a lot of people taking jobs below what they expected to get or having to move when they didn’…

Same in 2001. Took 8 months to get my first job. I started the hunt after graduation to avoid job interviews interfering with study (an 1 hr interview would be a 1 day affair with commuting).

Had I got a job before I graduated that company may well have gone bust or laid people off anyway.

Had some bad interviews including being beaten by a other candidate on a job writing access databases for a 1 person business, and a job where they said they interview girls to see what they look like (not a girl but was disgusted... I carried on the process anyway because need $)

Re: Ask HN: I'm an MIT senior and still unemployed – and so are most of my friends

#93

Earlier quoted context omitted.

+1 to this. If I go look at social media the job market is ending. But if I look at the signals around me there's plenty of opportunities. Also consider taking something below (or even much below) expectations. It's much easier to work your way up with connections than it is to get in the door with no references.

MIT students expect (not unfairly) to work at Jane Street/HRT/Jump/Citadel Securities/OpenAI/Anthropic and then "settle" for Google or Facebook. They're not going to work for Fidelity or Raytheon.

I get why they might have a certain expectation. It kinda depends on the job market. The guy in the cube next to me at Fidelity had a degree from MIT.

Re: Ask HN: I'm an MIT senior and still unemployed – and so are most of my friends

#94
post #80
post #41

No one has mentioned considering the military. An MIT grad could be an excellent candidate for an officer. Joining the military has been the way many young men and now women have got out on their own.

It’s less than ideal if you do want to be a technical IC later as it’s typically a multi-year technical career gap. I never saw another ex-(US-)officer SWE/SEM appear in the veterans@google ERG. And tbh I didn’t really count either because I had a post-service PhD. But to be sure I served with two amazing MIT NROTC grads in my sea tour. You do what you have to do.

Makes sense, though I mention since I'm reading the OP not wanting to move back home to bad situation, others suggesting working at fast food, etc. Both of those seem really drastic compared to considering military (unless OP is holding out for a top-paying, high-status position, in which case they need to pick their priorities imho, especially in this market)

Re: Ask HN: I'm an MIT senior and still unemployed – and so are most of my friends

#95
1. Go for masters in a field where you can get TA or other stipend. Masters is generally worth it because it will give you more experience. There are lots of places outside of US that are starting to invest into AI infra, and having advanced knowledge gives you an edge. Don't limit yourself to MIT - other universities (even overseas) have funding. A lot of times, especially in US, the graduate projects are basically company funded tasks that they can get done while paying way less than the market price, so plenty of those are floating around.

2. Look outside US for jobs. There are remote opportunities everywhere, and at your young age, its not super hard to move. Even China has some startups that can hire within US.

3. In general, even in recession, there are companies that end up making big as demand shifts to more fundamental things. Most companies need IT support. Generally, as a computer engineering grad, you should be able to do the full range of IT support (and if you can't ask yourself why not).

Re: Ask HN: I'm an MIT senior and still unemployed – and so are most of my friends

#96
post #2

Truly sorry you feel this way. For what it’s worth, this was common for people graduating into the 2008 financial crisis, too. It’s actually unusual that we went for so long without another period of contraction. From last time around: The people who kept pushing and took any job, anywhere turned out okay. This translated to a lot of people taking jobs below what they expected to get or having to move when they didn’…

Anecdata to try and level expectations. As someone who *eventually* came out of that era fine, it wasn’t without hardship. Expect to graduate without a job. Expect to continue the grind for many many months. Expect to get rejected not for not meeting the bar, but for not exceeding everyone else who also passed that bar. Expect to very likely settle for a job that doesn’t meet the expectations that college (and the previous 10+ years of history) sold you on. Expect that financially, you will end up years behind the curve and that many life plans (ex: home ownership if that’s one of your goals) will be delayed. Expect that you will meet many people younger than you who will be at your financial level because they graduated post-recovery.

If you can accept that you just happen to be born at the wrong time, you will be in a better place mentally than where I was at for a long time. I won’t say it’s easy; it will suck. But it is possible to make it out ok. I luckily had some financial and emotional support from my family to keep me going. I don’t know your situation but hopefully you are able to find support too. I wish you the best of luck.

Re: Ask HN: I'm an MIT senior and still unemployed – and so are most of my friends

#97
post #2

Truly sorry you feel this way. For what it’s worth, this was common for people graduating into the 2008 financial crisis, too. It’s actually unusual that we went for so long without another period of contraction. From last time around: The people who kept pushing and took any job, anywhere turned out okay. This translated to a lot of people taking jobs below what they expected to get or having to move when they didn’…

> From last time around: The people who kept pushing and took any job, anywhere turned out okay. This translated to a lot of people taking jobs below what they expected to get or having to move when they didn’t want to, but it was ultimately temporary. I'm going to challenge this as you didn't give specific data to back it up. I read an article recently that did have data, and it made the argument that first jobs, an…

This sounds correct? I think I’m living evidence of it. The sad reality is that sometimes you can’t hold out long enough and you just gotta take what puts a roof over your head and food on the table. Everyone graduating now just got unlucky with when they were born.

Edit: that said, I think the majority of what the parent wrote is good. Esp the part about negativity. That hits hard and is good to be aware of.

Re: Ask HN: I'm an MIT senior and still unemployed – and so are most of my friends

#98
post #76

Earlier quoted context omitted.

MIT EECS undergrad? I can believe not everyone is HFT out of the college, but there is a broader point being made.

Yes. I mean if the point is that MIT grads have unfair advantages sure, but he's built a quite unrealistic image of MIT/its students. There is a whole spectrum from IOI gold medalists to students who fail intro classes.

Yes, he exaggregated intentionally. That's why I referred to a "broader point".

Re: Ask HN: I'm an MIT senior and still unemployed – and so are most of my friends

#100
Stop looking for a job and start looking for experience. I entered the workforce during the GFC (and while still being in education) and I worked for literal peanuts for years. Sometimes even for free. I lived between my childhood bedroom, friends places and my girlfriends place eating only peanut butter and egg sandwiches for almost 2 years because it was the cheapest way I could get enough protein and carbs.

You might think working for nothing is a bad deal and that it would be exploitative but you need to remember it's temporary and a little bit of experience will make it 10x easier when it comes to applying for jobs a year or two down the road. Almost any employer is going to pick someone with a bit of experience over someone with none.

I don't know how much you're paying for your education right now, but even assuming you can only find unpaid work this is literally infinitely better than the negative income you're receiving in return for improved career prospects right now. I find it quite crazy that people will so happily drop tens of thousands of dollars on an education for a chance at a good career, but are also completely unwilling to work for free for a few months to get the experience they need. Experience is extremely cheap to acquire relative to the cost of education.

The market sucks at the moment and I've argued for some time it's probably only going to worsen due to structural shifts in the global economy, and tech specifically. Keep this in mind and try not to blame yourself because it's easy to give up. I had a lot of friends who studied comp sci with me who ended up getting regular jobs because they struggled to find work after graduating.

If I were you I would look for a niche which isn't fully technical because that will give you more security from automation and outsourcing standpoint. If I were in your shoes I'd probably look for local startups and offer to work every day for free and do literally any job they asked of me. Startups are good place to start your career because they always have lots of random jobs that need doing without anyone to do them. Because of this they can be great places to find out what you enjoy and where you can add the most value. If you're concerned about where you'll live sleep literally anywhere someone is willing to offer you a bed or a sofa, but if you have to move back with your parents temporarily that isn't the end of the world.

I wish I could start my career again. I have a well paid job today, but I'd still love to be in your position. The problem when you get to my level is that life is good but expensive. It's very hard to learn new skills or shift your career when you have dependents and a mortgage to pay. Unless you want to up end your life for little to no return you just have to follow the money. But for you the whole world is at your feet. I guarantee there's hundreds of interesting companies in your area who would love to bring in new talent but they can't justify it because money is too tight. Find them and let them know how much you'd appreciate the opportunity to get some experience with them. Pick up skills, form connections, and see where it takes you. In my experience most opportunity in life comes from meeting the right people, being loyal to them and providing them value. That is what you should be focused on doing.

In my opinion there's not a simple path to a good life these days. "The system" will almost always fail you. I know it shouldn't be this way, but you have to accept the cards you a dealt and play your best hand.

Hope this helps.

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