For young people, the job search has never been so miserable • Hacker News Board

Re: For young people, the job search has never been so miserable

#71

Post by eql5 » Thu, Mar 28, 2024, 6:52 PM UTC

eql5 wrote: post #44

d--b wrote: post #26

Meanwhile, the stock market is through the roof, bitcoin rallied spectacularly, the housing market is unreachable to most, and let's just not talk about gold. And AI hasn't kicked in yet. At some point, we'll need to throw all the economists into the sea and start realizing what's going on here...

> At some point, we'll need to throw all the economists into the sea and start realizing what's going on here... The REAL insiders know very well what's going on, but it's one of the best kept secrets among them: QFS is coming (almost there now), and they know it. But since they (the old, evil central banks) can't control it - because it's not FIAT anymore, but asset backed - they are literally desperate now, because…

...and just as a side note: a conspiracy is a felony (not a theory).

So, the REAL problem is not an eventual "deep state" (secret societies do in fact exist, and they are called "secret" for a reason): the real problem are the "deep asleep" people around the world, not wanting to wake up to the truth...

HN is one of the worst places in this regard...

Re: For young people, the job search has never been so miserable

#72

Post by tasuki » Thu, Mar 28, 2024, 10:20 PM UTC

Ekaros wrote: post #55

tasuki wrote: post #54

Earlier quoted context omitted.

> If it were to follow my parents 30 year increase on their house, we should be able to sell it for 26m dkk by 2050... which isn't going to happen. Why not?

That would be 3,5 million euros... I don't think inflation will be that substantial... Or market to stay that level weird to that point.

2050 is still a long way. It'd be slightly below 16% per year (considering the house was bought in 2024, it might've been bought earlier).

That sounds on the unlikely side, but definitely not in the "isn't going to happen" territory!

Re: For young people, the job search has never been so miserable

#73

Post by jacknews » Fri, Mar 29, 2024, 7:14 AM UTC

"While ministers debate reducing benefits to boost incentives"

It really takes some brass balls to float this as a solution to the 'problem' of incentivizing people to work, and keep a straight moral face. How about increasing wages to something livable, maybe via extending benefits into employment?

Re: For young people, the job search has never been so miserable

#74

Post by sph » Mon, Apr 01, 2024, 1:36 PM UTC

bluSCALE4 wrote: post #39

I graduated in 2007 and decided to take a low paying IT job that I stuck with for 2 years. It was demoralizing but it luckily led me to web development. I think it’s important to remember that there are lots of options available early on if you lower your standards and expectations. The job was rough, a lot of self learning but it prepared me well for what was to come.

2007 was a couple economical eras ago. I started around the same time, and it is impossible to compare then and now. Even post-global financial crisis, the job market was not as dire.