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The graduate 'jobpocalypse': Where have all the entry-level jobs gone? [video]

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Re: The graduate 'jobpocalypse': Where have all the entry-level jobs gone? [video]

#11

Post by piltdownman »

davydm wrote: post #3

Companies only hiring people with experience is far from a new problem. Back in the late 90s, I struggled to get my first job that actually used my studied skills. Yes, I had a job - delivering pizza - but I was desperately trying to get a job _coding_, and in-between virtue-signallers only hiring people of a specific race and the vast majority of companies expecting years of experience, it took quite a while and I r…

You're blaming DEI for not getting a job... during the .com boom?

If ever there was a softer time to get hired as a developer, I have yet to hear of it.

Re: The graduate 'jobpocalypse': Where have all the entry-level jobs gone? [video]

#12

Post by netdevphoenix »

GoToRO wrote: post #10

From my own, local experience: the job is there, they just don't have the money to hire someone to do it. But the need is there.

If I was to start a business, I would be asked whether the cashflow is good enough to run the business. If it's not, because maybe I need some expensive resources I have no way to pay for even though the need is there, the business surely should not exist.

Re: The graduate 'jobpocalypse': Where have all the entry-level jobs gone? [video]

#13

Post by netdevphoenix »

spwa4 wrote: post #5
al_borland wrote: post #2

It’s kind of interesting. When my sister graduated from college in 2003, the speaker mentioned it was the worst time ever to try and find a job. A couple years later in 2005, I heard the same thing when I graduated. I heard it at various other times over the years. And now today it is still the worst time ever to find a job. After hearing the same line, fairly consistently, for nearly 25 years, I’m having a hard time…

I finished the first year of Uni in June 2000, and my parents had informed me they would not support me the second year. So it was critical to find a job at that time. Found one. Didn't pay well, but covering a room + uni entry fees was pretty easy. More money than I'd ever seen except ... Then, due to working full-time, it took me 7 years to finish my Uni degree and I managed to screw up my entry form in the final y…

What's your field? That's a long time climbing the academic ladder. Is this Computer Vision or some other Machine Learning field?

Re: The graduate 'jobpocalypse': Where have all the entry-level jobs gone? [video]

#14

Post by roxolotl »

al_borland wrote: post #2

It’s kind of interesting. When my sister graduated from college in 2003, the speaker mentioned it was the worst time ever to try and find a job. A couple years later in 2005, I heard the same thing when I graduated. I heard it at various other times over the years. And now today it is still the worst time ever to find a job. After hearing the same line, fairly consistently, for nearly 25 years, I’m having a hard time…

We have this data[0]. It’s not that bad out there right now compared to 2008-2013 but it is way worse than a few years ago. Everything is relative when it come to how people feel.

0: https://www.newyorkfed.org/research/college-labor-market#--:...

Re: The graduate 'jobpocalypse': Where have all the entry-level jobs gone? [video]

#15

Post by suddenlybananas »

al_borland wrote: post #2

It’s kind of interesting. When my sister graduated from college in 2003, the speaker mentioned it was the worst time ever to try and find a job. A couple years later in 2005, I heard the same thing when I graduated. I heard it at various other times over the years. And now today it is still the worst time ever to find a job. After hearing the same line, fairly consistently, for nearly 25 years, I’m having a hard time…

Well, if things are gradually getting worse year over year it would always be true.

Re: The graduate 'jobpocalypse': Where have all the entry-level jobs gone? [video]

#16

Post by iamflimflam1 »

nerdsniper wrote: post #7
davydm wrote: post #3

Companies only hiring people with experience is far from a new problem. Back in the late 90s, I struggled to get my first job that actually used my studied skills. Yes, I had a job - delivering pizza - but I was desperately trying to get a job _coding_, and in-between virtue-signallers only hiring people of a specific race and the vast majority of companies expecting years of experience, it took quite a while and I r…

What was the ‘specific race’ that was popular to hire in the ‘90s?

Back then being white and nerdy was a super power.

Probably a lot tougher for non white and non male.

Re: The graduate 'jobpocalypse': Where have all the entry-level jobs gone? [video]

#17

Post by squishington »

roxolotl wrote: post #14
al_borland wrote: post #2

It’s kind of interesting. When my sister graduated from college in 2003, the speaker mentioned it was the worst time ever to try and find a job. A couple years later in 2005, I heard the same thing when I graduated. I heard it at various other times over the years. And now today it is still the worst time ever to find a job. After hearing the same line, fairly consistently, for nearly 25 years, I’m having a hard time…

We have this data[0]. It’s not that bad out there right now compared to 2008-2013 but it is way worse than a few years ago. Everything is relative when it come to how people feel. 0: https://www.newyorkfed.org/research/college-labor-market#--:...

My feeling is there are often factors which are not captured in job market statistics, which is why it's important to listen to the experience of grads seeking jobs. When I graduated in 2018, it took me a whole year to land a job (graduated with first class honours in electronics engineering in Australia, with 7 months overseas experience working for a chip design company in germany and a research scholarship at university). I came across job interviewers who had very irrational approaches to hiring, which I suspect was partly because they had too many applicants and were overworked processing them. One medical hardware company turned me down because they said I was overqualified and would get bored and quit. Overqualified as a grad. What a joke. I just needed a job before the next round of grads came out and left me forever shut out of my future field. It was a massive shock to my system as I had done nothing but work hard for years to get top marks and industry experience, and it still wasn't satisfactory (also building projects to showcase in interviews). I feel for new grads.

Re: The graduate 'jobpocalypse': Where have all the entry-level jobs gone? [video]

#18

Post by unmole »

squishington wrote: post #17
roxolotl wrote: post #14

Earlier quoted context omitted.

We have this data[0]. It’s not that bad out there right now compared to 2008-2013 but it is way worse than a few years ago. Everything is relative when it come to how people feel. 0: https://www.newyorkfed.org/research/college-labor-market#--:...

My feeling is there are often factors which are not captured in job market statistics, which is why it's important to listen to the experience of grads seeking jobs. When I graduated in 2018, it took me a whole year to land a job (graduated with first class honours in electronics engineering in Australia, with 7 months overseas experience working for a chip design company in germany and a research scholarship at univ…

> why it's important to listen to the experience of grads seeking jobs.

Anecdotes from people who didn't experience any other hiring market?

Re: The graduate 'jobpocalypse': Where have all the entry-level jobs gone? [video]

#19

Post by squishington »

unmole wrote: post #18
squishington wrote: post #17

Earlier quoted context omitted.

My feeling is there are often factors which are not captured in job market statistics, which is why it's important to listen to the experience of grads seeking jobs. When I graduated in 2018, it took me a whole year to land a job (graduated with first class honours in electronics engineering in Australia, with 7 months overseas experience working for a chip design company in germany and a research scholarship at univ…

> why it's important to listen to the experience of grads seeking jobs. Anecdotes from people who didn't experience any other hiring market?

For what it's worth, one of my uni lecturers in my final uni year told me that over half the cohort for that year would never work in engineering because there weren't enough jobs. He said the uni didn't want him imparting that information but he thought it was unethical. I'm sure he had a historical perspective that informed that advice. I've worked with older guys who got engineering jobs without degrees and taught themselves FPGA design on the job in the 80s and 90s. There's no chance of that happening now.

Re: The graduate 'jobpocalypse': Where have all the entry-level jobs gone? [video]

#20

Post by c2h5oh »

undebuggable wrote: post #6

There are three career stages. First you're not qualified enough, then for a moment you're overqualified, and at last you're too old. The last stage occurs few decades before statutory retirement age.

Similar three stages are also at every job you have:

- you underperform while onboarding and rapidly learning to cover whatever skill gaps you discover

- you slowly go from doing OK to being overqualified, but it doesn't get reflected in compensation or title enough and your employer has little incentive to help you reach the next stage, because you are currently overperforming compared to your pay

- you are so much past your paygrade you quit and go to a company that will pay you what you will be worth after onboarding and learning to cover skill gaps

With everything that companies provided to earn long term employee loyalty being sacrificed to stock price employee growth through multiple roles in the same company has become more of an exception.

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