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

bloomberg.com

341–350 of 491 posts

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

#341

Earlier quoted context omitted.

This is nonsense. There are, in absolute terms, more resources available, but our economic system enables and encourages the hording of those resources by fewer and fewer people who will, in all likelihood, never use them in their lifetimes.

The "fewer and fewer" part is empirically incorrect. The millionaire+ class is growing, not consolidating. The narrative is seductive but it is a lie.

A growing millionaire class is not mutually exclusive with consolidation of wealth, if growth of millionaire class is less than reduction in middle-income class.

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

#342

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. You can try as hard as you want to get a job - if no one is hiring, you aren't going to get one. The reality is that as time goes on, the world's needs can and will be met by fewer and fewer people. This should be a good thing, but it wo…

> The reality is that as time goes on, the world's needs can and will be met by fewer and fewer people. This is true, but I don't think it accounts for most of the youth unemployment we have seen so far. The jobs did not go to robots in America, they went to workers in China. To answer another common theme: we can complain about CEO pay, tax cuts, stagnant wages, etc., but the reason for the pure and simple lack of j…

> This is true, but I don't think it accounts for most of the youth unemployment we have seen so far. The jobs did not go to robots in America, they went to workers in China.

I think that that is only temporary though. Once the wages in China rise enough, the jobs will be probably given to robots possibly in America.

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

#343
post #78

We should be honest and talk about just not creating more jobs BUT having LESS babies.

>There exists a realizable, evolutionary alternative to our being either atom-bombed into extinction or crowding ourselves off the planet. The alternative is the computer-persuadable veering of big business from its weaponry fixation to accommodation of all humanity at an aerospace level of technology, with the vastly larger, far more enduringly profitable for all, entirely new World Livingry Service Industry. It is statistically evident that the more advanced the living standard, the lower the birth rate.

-Buckminster Fuller, Foreword, Grunch of Giants

He's talking about the Demographic-Economic Paradox by the way. There is a renewable surplus of the basic physiological needs of humanity, yet almost 50% of the global population lives in poverty and struggles to obtain these basic needs. The most simple and effective solution to overpopulation is to focus on renewable production processes and distribution methods (i.e. farming the sea; using automated solar power drone distribution methods). Technically, it is entirely feasible, it is just a matter of user buy in which is the real challenge.

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

#344
post #4

Is this a plain in the open "ideology injection in the brain" from above (the rich) to deter emigration to better countries?

What makes you think they'd want to deter emigration?

I think I'm paranoid

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

#345

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…

Especially with something entry-level. You aren't going to be working on anything interesting and it's a damn miracle if you actually get to be intellectually stimulated. How many people get any type of dream job straight out of college?

You are there to get "experience" and pad your resume so you can move up to something actually challenging and interesting.

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

#346

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. You can try as hard as you want to get a job - if no one is hiring, you aren't going to get one. The reality is that as time goes on, the world's needs can and will be met by fewer and fewer people. This should be a good thing, but it wo…

> The reality is that as time goes on, the world's needs can and will be met by fewer and fewer people. This is true, but I don't think it accounts for most of the youth unemployment we have seen so far. The jobs did not go to robots in America, they went to workers in China. To answer another common theme: we can complain about CEO pay, tax cuts, stagnant wages, etc., but the reason for the pure and simple lack of j…

[deleted]

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

#347

Earlier quoted context omitted.

I have real trouble believing a competent developer can't find a job developing native iOS apps in this job market.

Why would I do something I truly love for someone elses dream?

To gain experience? To learn the challenges & pitfalls of the field on someone else's dime? To learn from somebody who has been doing it and getting paid?

Nobody jumps from the bottom of the mountain to the top - you climb it one step at a time. There are people making a living producing music and writing apps - the world does work that way. I'm not saying tomorrow you can decide that's how you'll make a living and it'll happen - but it is something you can work towards and achieve in a reasonable amount of time.

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

#348
post #257

Earlier quoted context omitted.

A philosophy major is not a poor financial instrument because it's not financial instrument at all. Education has aims other than making investors money. As a practical matter, philosophy is typically studied by those who will go on to law school, a Masters in something employable, or as part of a minor or "core curriculum" alongside a trade. In most of the liberal arts and humanities - particularly philosophy, a gra…

I would love to believe tha is true, but whenever I hear modern philosiphers (Alain de Botton comes to mind), they seem to study other classical philosiphers rather than come up with their own ideas. Its like the diference between an author and someone who reads books.

In order to make any progress, you have to understand the ideas that come before you, lest you make the same mistakes. It's the same in STEM. That being said, the idea that there's no new philosophy is ludicrous. I recommend David Lewis as a very original, modern philosopher.

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

#349
post #221
post #105

Earlier quoted context omitted.

The problem with this explanation is that, for every such person, you can probably find another one that does all of that stuff correctly but still never hears back. That's exactly what we see with the Fizzbuzz phenomenon, with every interviewer complaining that no applicant can do it, but everyone tripping over each other (including hobbyists and beginners) to say how easy it is, so "where's my job?" I saw it too wi…

"every interviewer complaining that no applicant can do it" I've noticed a correlation between that and insanely low pay or horrific working conditions, or a crazy disconnect between demands and the requirements. "I don't understand why none of the applicants can explain the details of why one BGP route is preferred over the other" -- says the guy trying to hire a CCIE for $50K at a dying utility company. "Well, sure…

Or, in other words, companies tend to get the applicant pool that their job descriptions/work conditions deserve.

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

#350

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…

This touches me. I am 55, and I think this is a very astute observation. To me it seems the downfall of the 50+ generation was either caused or exacerbated by the financial crisis. On the other hand it seems that the top class wasn't really affected, on the contrary their wealth has grown substantially. That money must have come from somewhere. Politicians do not seem to offer real solutions, and the media seem to be obsessing over details instead of big picture issues. My generation may have given the greedy ones and sociopaths too much leeway.
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