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The article is low quality. It talks a bit about the problem, not about the cause and it does not help anyone. The example at the beginning seems to be a now classic "I have a degree in an area where supply greatly exceeds demand". There is demand, there is supply, but there is a misalignment of qualifications and interests. If "well-qualified people" means fresh graduates in domains with low demand, then the qualifi…
The article is low quality. It talks a bit about the problem, not about the cause and it does not help anyone. The example at the beginning seems to be a now classic "I have a degree in an area where supply greatly exceeds demand". There is demand, there is supply, but there is a misalignment of qualifications and interests. If "well-qualified people" means fresh graduates in domains with low demand, then the qualifi…
I agree for certain fields such as your example but until recently software engineers were in disproportional demand and that has changed pretty dramatically in less time than one would need to get a degree in the field.
Edit: And the example of people working in construction: I know a few. Their companies are booked out for the next 2 years. They, however have shitty pay and disproportionately many work-caused health problems. The owners of those companies are having a good time though.
The article is low quality. It talks a bit about the problem, not about the cause and it does not help anyone. The example at the beginning seems to be a now classic "I have a degree in an area where supply greatly exceeds demand". There is demand, there is supply, but there is a misalignment of qualifications and interests. If "well-qualified people" means fresh graduates in domains with low demand, then the qualifi…
There is no such thing as a shortage in labor markets. There is just people not willing to pay the correct price.
The article is low quality. It talks a bit about the problem, not about the cause and it does not help anyone. The example at the beginning seems to be a now classic "I have a degree in an area where supply greatly exceeds demand". There is demand, there is supply, but there is a misalignment of qualifications and interests. If "well-qualified people" means fresh graduates in domains with low demand, then the qualifi…
The article is low quality. It talks a bit about the problem, not about the cause and it does not help anyone. The example at the beginning seems to be a now classic "I have a degree in an area where supply greatly exceeds demand". There is demand, there is supply, but there is a misalignment of qualifications and interests. If "well-qualified people" means fresh graduates in domains with low demand, then the qualifi…
Jokes on FT, we have both
In my case, I did consider becoming a teacher for IT stuff. Not really "IT", as pupils would first learn the basics of course, and the really interesting stuff might not even fit into the curriculum, but I could well imagine teaching what I know and maybe even establishing an extracurricular computer programming club or something. I would feel great passing on my knowledge. But what second subject to teach? ... The only other applicable thing I had in some amount during my studies is ... math. Ugh. You telling me I might have to take additional math lectures, with people who study to become math teachers?! No friggin way man. Also am not a native English speaker, and while I use English every day all day long, I don't think I have the detailed knowledge to teach it responsibly to students, unless they are total beginners, but I won't be teaching IT stuff in primary school, now will I.
If you stick to only one subject, perhaps they will tolerate you, but your salary will forever be a reduced one, even if you work the same hours, just because you only do one subject, and no matter how much of an expert you are.
When it comes to IT/software engineering I don't think there ever was a shortage. Just businesses, implementing big tech hiring processes for their tiny startups and then playing surprised pikachu, that they are "not finding talent".
Creating an ever-larger union makes goods cheap(er) by moving jobs out of expensive markets. Surprised?
Stop watching Fox News.
The article is low quality. It talks a bit about the problem, not about the cause and it does not help anyone. The example at the beginning seems to be a now classic "I have a degree in an area where supply greatly exceeds demand". There is demand, there is supply, but there is a misalignment of qualifications and interests. If "well-qualified people" means fresh graduates in domains with low demand, then the qualifi…
Strangely the wages don’t rise as one would expect.
And companies are picky, they want a perfect fit for their position including the work processes and programs.
Delusional.