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The world needs at least 600M new jobs in the next decade for young people

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Re: The world needs at least 600M new jobs in the next decade for young people

#261
post #10

Earlier quoted context omitted.

Recruiter and resume-writer-on-the-side here, and it's become so easy to apply for jobs that most people put zero effort into anything but pressing send and shotgunning a resume to hundreds of companies. If there was even a small cost (time or money) to applying, you can be sure that resumes and cover letters would be much more common and of higher quality. I'm not suggesting that we charge applicants, but years ago…

What do you think about the "project" interview? Do you think that if companies had 2-4 hr projects for applicants to complete, that there would be a better interview process for both parties?

I think most companies that try that get some backlash from candidates who feel the company is taking advantage of free work. I have had clients who pay candidates some reduced rate for this project time, which I think is a good equalizer.

Re: The world needs at least 600M new jobs in the next decade for young people

#262

These stories are always interesting to read, both from what they say, and what they don't say. For example, do you know that world wide there is a shortage of people in various trades roles[1] ? (Welding, masonry, carpentry, electricians, etc) And why are their young people who are loading up on debt they can't afford to go to Ivy league schools when they can be just as successful going to state schools? How much pa…

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Re: The world needs at least 600M new jobs in the next decade for young people

#263

Earlier quoted context omitted.

> Most of the comments here focus on how people aren't trying hard enough to get jobs. This article indicates that the jobs don't exist and that the problem is likely to get far worse. The reality is that BOTH are true. There is no law stating that each generation of humans should have it easier and with more resources available to them. My generation is facing this crisis, and the default response is to complain. Wh…

Speaking for myself (as a 22 year-old recent graduate) - I was brought up to respect my elders and to consider society as a mostly-altruistic, benevolent mass of humanity with a conscience bent more towards justice and meritocracy than corruption and inequality. I believed that the older generation who shape and structure society through government, industry, and academia were doing their absolute best to set future…

You don't see the people who are doing much better than their parents. The more self-aware of them know that there is nothing good that comes out of drawing attention to their good fortune. The less self-aware just assume that's how it is for everybody and don't think it's remarkable.

Re: The world needs at least 600M new jobs in the next decade for young people

#264
post #246

Earlier quoted context omitted.

Yeah, and if you don't vote you get what the money wants without a fight. If you work to create things like Uber, to solve a first-world problem such as "mediocre taxis" you should be able to work towards a communication system that can combat traditional marketing and its effect on voting patterns. Otherwise, you're just admitting it's "hard" and you don't want to work on "hard" problems...

Yup. A few lines of code and an app can totally bypass decades of psychological research regarding marketing.

Worked for open-source software. In a relatively short time (10 years +/-?), the traditional capitalistic model which worked for centuries seems to have been supplanted to at least some degree. I was thinking of several things: 1) Modern technology to provide direct communication, 2) Sheer numbers of people in each age cohort and 3) The desire to effect change.

Social media can slaughter a movie in a day or two. I would think it would have a useful effect on its users, assuming they were willing to make the effort.

Re: The world needs at least 600M new jobs in the next decade for young people

#265

Earlier quoted context omitted.

Speaking for myself (as a 22 year-old recent graduate) - I was brought up to respect my elders and to consider society as a mostly-altruistic, benevolent mass of humanity with a conscience bent more towards justice and meritocracy than corruption and inequality. I believed that the older generation who shape and structure society through government, industry, and academia were doing their absolute best to set future…

In some hand wavy statistical sense, those old people you see bagging groceries probably would have been dead 50 years ago. If that is true (I don't know if it is, I'm speculating), they aren't evidence of scarcity. It's hard to measure quality of life, but if you look at things like housing, people in the US have more households now, with the average dwelling having increased in size (I'm sure McMansions pull up the…

Fifty, and sixty year old's are not that old. I thought 50 was ancient in my twenties, but it comes quick. As to actuarial tables, we have not made that much progress in 50 years. I believe we added seven years to life expectancy, but that sounds high?

I do see guys my age in menial jobs, and I believe it's the economy. Companies just fired people. They fired them for various reasons, but technology made it possible. It's result of decling availability of good unions, or any unions--hence no real retirement. A changing workplace. Less jobs.

If anyone should be worried about their economic viability, I believe, young tech workers are high on the list. No unions. Training/work that can be farmed out. Training that can be learned over the Internet--well. I don't want to be an alarmist, but I know too many former Programmers. Too many unemployed/close to homeless Programmers from the 80's and 90's?

I see a trend towards doing well with less employees, and no one cares as long as they get what they want. What's App has a handful of employees? Twitter will never have the amount of employees they had a week ago, even if they do really take off. We are making programming/Web developement easier daily. I'm happy with DRY. I like Bootstrap. What will it be like in another ten years?

I don't have an answer, but I don't forsee a bunch of 50-60 year old employees bagging groceries. I just see the more Homeless. I believe it will get so bad, the rich won't be able to fully enjoy their wealth, unless they beef up entitlement programs? After all, driving your sport's car past homeless can't be fun, and then you have to think about where you can park it? It's kind of like eating a fancy dinner, while the person across the table is starving? And let's not turn into Mexico, where if you have some wealth, you can't leave the house unless you have body guards.

Got off track, but the future does not look rosey. I do think we need to resind some of these treaties that make opening up shop overseas so easy, or at least raise tariffs? I know it's selfish, but the way we are moving is scary.

Re: The world needs at least 600M new jobs in the next decade for young people

#266
post #68
post #53

Earlier quoted context omitted.

For federal student loans, there isn't a life of indentured servitude. There are income based repayment plans that with fairly low costs per month. A single guy working at starbucks making 30k per year would only pay about $100 per month even with a 200k loan (if he had a wife and kid, he'd pay nothing). Then after 20 years the rest is forgiven.

In year 20 he pays income tax on the forgiven amount. He'd better be saving up for that.

That's never going to happen. Too many people are affected for congress not to act before the tax bill comes due.

The economic effects are too large for them to ignore.

Re: The world needs at least 600M new jobs in the next decade for young people

#267
post #169

Earlier quoted context omitted.

This is why young people need to vote.

? Voting for the corrupt does nothing but legitimizes the process. Only money matters. Come up with a real solution because voting isn't it and I'm sick of hearing the same faulty advice.

At a minimum, vote AGAINST the corrupt. If that means your vote gets wasted, so be it - if you're worried about legitimizing it, instead legitimize your opposition. If there becomes a sizable (and measured!) block of disaffected votes that politicians can try to grab, maybe they'll just do that.

Not voting just legitimizes the view that you complain but don't act.

(And if you're sick of your options being so bad, start trying to get different voting methods in place locally in the interest of getting them in place on a larger scale. First Past the Post is a terrible voting system)

Re: The world needs at least 600M new jobs in the next decade for young people

#268
post #238
post #25

Earlier quoted context omitted.

Student loan debt isn't dischargeable in bankruptcy, but their are income based repayment plans. You can pay back either 10% of your discretionary income, for 20 years and then the remaining balanced is forgiven (if a balance remains). Discretionary income is defined as the difference between your income and 150% of the federal poverty level. If you have 200k in student loans, but only make 30k a year because you can…

Yet if you are below the poverty level (unemployed) those monthly minimums can be overwhelming.

No, if you are below the poverty level the monthly minimum is $0.

You pay 10% of what you make over 150% of the federal poverty level.

Re: The world needs at least 600M new jobs in the next decade for young people

#269
post #126

Earlier quoted context omitted.

> Most of the comments here focus on how people aren't trying hard enough to get jobs. This article indicates that the jobs don't exist and that the problem is likely to get far worse. The reality is that BOTH are true. There is no law stating that each generation of humans should have it easier and with more resources available to them. My generation is facing this crisis, and the default response is to complain. Wh…

> There is no law stating that each generation of humans should have it easier and with more resources available to them. This is pie-in-the-sky thinking, but maybe there should be a law. Corporations have a legal duty to shareholders to make money. Why shouldn't our government have a legal duty to society to increase our resources and make things easier for each generation?

Because you can't legislate facts.

Re: The world needs at least 600M new jobs in the next decade for young people

#270

Disclaimer: This is purely anecdotal, and not backed by any data. I'm in my mid-twenties and just recently started interviewing people for the team I work on. It's amazing how little effort many seemingly qualified people put in to secure an entry-level job. Whether it be hustle to learn more about a business, the specifics about the company you might work at, or finding someone to give a second set of eyes on a cove…

> secure an entry-level job. Whether it be hustle to learn more about a business, the specifics about the company you might work at What's the point? No seriously, other than stroking the ego of the interviewer with a 'please sir, I am just dying to work here because you're so awesome and I'm not worthy.' Especially at entry level, one job is pretty much the same as the other. I am not applying because working here i…

That's called drinking the koolaid and it's very effective. Especially for establishing a career path. Once you "make it", you can loosen up.

If you're only applying for a paycheck and not a career then I agree. You should just keep doing what you're doing.

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