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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

#481

Post by collyw »

lfowles wrote: post #312
collyw wrote: post #257

Earlier quoted context omitted.

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.

Sure, but a good author is someone who has read many books. Standing on the shoulders of giants and all that. (I admit that I don't know much of modern philosophers, but I find it hard to believe they are not making good use of those who came before.)

Just reading about philosopy makes them as much f a philosipher as me.

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

#482

Post by matwood »

joe5150 wrote: post #425
matwood wrote: post #331

Earlier quoted context omitted.

> Or join the military, every country needs a strong military. It's funny how looked down upon this is. If I said, hey come work for me for 4 years. During that time you will get paid, get lodging and likely do some traveling. Oh, and you'll learn some skills. If you want to go to college up front and be an MD for example, I'll go ahead and pay for that and you can work for me for 6 years after gaining valuable exper…

It's perfectly reasonable to not want to work for the military in any capacity.

Of course, like it is perfectly reasonable not to want to do any job. My point was that the military is a valid option that many people do not think about.

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

#483

Post by matwood »

Retra wrote: post #470
matwood wrote: post #331

Earlier quoted context omitted.

> Or join the military, every country needs a strong military. It's funny how looked down upon this is. If I said, hey come work for me for 4 years. During that time you will get paid, get lodging and likely do some traveling. Oh, and you'll learn some skills. If you want to go to college up front and be an MD for example, I'll go ahead and pay for that and you can work for me for 6 years after gaining valuable exper…

Not everyone can join the military, and there are a lot of people that shouldn't.

At no point did I say everyone should join, but given the down votes my point stands that for some reason it is looked down upon. Joining the military can be a great option for many people.

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

#484

Post by nickbauman »

xrange wrote: post #449
nickbauman wrote: post #394

Earlier quoted context omitted.

Peter Norvig's Economics Simulation is informative in this case. Without forced redistribution, most OECD nations will become 3rd world eventually. It's a mathematical certainty. Even with forced redistribution, the rich still get and stay rich. http://nbviewer.ipython.org/url/norvig.com/ipython/Economics...

Am I missing something? It seems like all those transactions are merely exchanges, and no wealth has actually been created (i.e. new ipads, hepatitis treatments, Taylor Swift concert tickets, food grown, etc.).

Norvig uses the term level of wealth to describe what's being exchanged. I think that covers wealth being created (or destroyed, which, y'know, also happens, eh?)

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

#485

Post by rorykoehler »

zo1 wrote: post #430
rorykoehler wrote: post #172

Earlier quoted context omitted.

The world's needs are not being met. Only the needs of the capitalist who wants to turn a profit. I can think of a million and one things we should be doing but won't because of money.

>" I can think of a million and one things we should be doing but won't because of money. " So can I, a staunch anarcho-capitalist that believes we should have no state at all. I pay taxes and I expect the poor, sick and hungry to be taken care of. No questions asked, no complaints about budget. But let's be honest... It's not capitalism or capitalists that are letting the poor starve. Just because there are greedy p…

Sure. I expect that too. In fact I would be delighted to pay more taxes if I knew they were being well spent. The state has failed us in many ways (especially by being easily bought by the highest bidder) but that doesn't mean I don't believe a state like institution should exist... possibly one that is focused more on vital services and less on repression and power. I always find it curious how people like you and me want the same thing but have such divergent concept of how to achieve it (I tend more towards anarchism... maybe techno-anarcho-syndicalist who be a fair label but I don't like to pigeon hole). I'm not saying this to start a political philosophy argument but I do wonder how you expect the poor, sick and hungry to be taken care of in an anarcho-capitalist society?

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

#486

Post by s73v3r »

danharaj wrote: post #469
s73v3r wrote: post #400

Earlier quoted context omitted.

I'd prefer not to live in an area controlled by battling warlords, thank you very much.

Neither would I. That's not a true dichotomy.

That's what happens when you don't have a government, though. It's been shown time and again. Power abhors a vacuum.

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

#487

Post by panglott »

totalrobe wrote: post #284
panglott wrote: post #192

Earlier quoted context omitted.

It's simply true that, barring disaster, the next generation will have it easier with more resources for cheaper. This is because worker productivity continues to rise. More is produced with fewer hours worked. It's beyond me why it's taken as a given that the result should be a decreasing share of the number of people employed at a constant rate and an increase in the number of people unemployed, rather than say a d…

IMO depends on the type of job. In lower skill jobs you do see exactly what you're describing (more workers fewer hours). In knowledge industries it's probably much more efficient to have fewer numbers of high performing individuals that are leveraging experience and domain knowledge as a productivity multiplier.

Hm, I think the shift to part-time workers in service and industrial jobs is mostly about evading labor regulation of full-time workers and further eroding the remuneration, economic stability, and bargaining position of lower-income workers.

I would hope instead for more leisure at similar pay =/

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

#488

Post by 6stringmerc »

cryoshon wrote: post #116
6stringmerc wrote: post #108

Earlier quoted context omitted.

Oh absolutely, and I think that maybe, just maybe, there should be a legally mandated annotation on such a posting that an internal candidate has been identified and you are competing with them. In my experience, even worse than a rejection was being offered a salary not commensurate with my experience, and in the neighborhood of $5,000 less than what I was already making in a nearly identical role. I've had that hap…

Yeah, I'm pretty interested in seeing what effect (if there is even any, not trying to push an opinion here) the bad economy for young people has on salary/compensation negotiations between workers and employers. Do the employers think that young people are desperate for any kind of job, and then low ball their salary? Or do the candidates settle for a number once it reaches the threshold they think they are worth? D…

Just wanted to share I saw a link to a Gallup research piece (by way of ZeroHedge) that touches on some of the issues young people are facing, with respect to the student loan bubble and starting new businesses:

... the country can't look to people coming out of college to reverse this trend because too many of them are strapped by student loan debt. Results of the 2015 Gallup-Purdue Index -- a study of more than 30,000 college graduates in the U.S. -- provide a worrisome picture of the relationship between student loan debt and the likelihood of graduates starting their own businesses.

Among those who graduated between 2006 and 2015, 63% left college with some amount of student loan debt. Of those, 19% say they have delayed starting a business because of their loan debt. That percentage rises to 25% for graduates who left with more than $25,000 in student loan debt. According to the National Center for Education Statistics, nearly 16.9 million bachelor's degrees were conferred in the U.S. over the past 10 years -- a time frame that mirrors Gallup-Purdue Index analysis of recent graduates between 2006 and 2015.

I think Gallup could possibly be an avenue to conduct the study / research you mused about. Wonder if they ever will!

ZH: http://www.zerohedge.com/news/2015-10-15/how-13-trillion-stu...

Gallup: http://www.gallup.com/businessjournal/186179/student-loan-de...

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

#489

Post by maerF0x0 »

s73v3r wrote: post #435
maerF0x0 wrote: post #274

There are a few ways to create many openings: 1. Legislate a maximum working hours (probably 2. Allow humans to undercut automation in price competition (eg abolish minimum wage) 3. Expand government to employ people for whatever, just print the money you pay them. Clearly these all come with unsatisfactory side-effects. Maybe the fix is to end our obsession with creating jobs and jobs being the form of survival we o…

#2 is probably the absolute worst possible thing to be done, and perhaps the most likely thing to be done. Abolishing minimum wage won't cause the costs of things to come down, but it will create even more people who are given no choice but to have a job that doesn't pay them enough to live, or starve. "Imagine if we just created 600M jobs automating all the things so that those jobs would never (or nearly never) nee…

You're missing the point that if automation does all the work there is no competitive reason not to lower the price down to near 0 (or the cost of capital, which at current interest rates is VERY low).

If I can get land, put robots on it and churn out apples, all entirely without my labor, and I can borrow the money for near free, at what price could I sell said apples for?

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

#490

Post by zanny »

learc83 wrote: post #268
zanny wrote: post #238

Earlier quoted context omitted.

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.

I really need to look into this then, some months I make $0 and last year my total income was below the income tax threshold, yet I'm still paying some $50 minimum monthly on my staffords.
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