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Americans Lose Faith That Hard Work Leads to Economic Gains, WSJ-NORC Poll Finds

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Re: Americans Lose Faith That Hard Work Leads to Economic Gains, WSJ-NORC Poll Finds

#121

Post by alistairSH »

koakuma-chan wrote: post #93
Espressosaurus wrote: post #24

Earlier quoted context omitted.

How many of those jobs are for people with 0 experience?

What about internships? Are those people at good universities not doing internships, or do internships not count as experience? Don't companies hire interns?

Sample of 1... we hire interns across our organization every summer. HR, marketing, engineering, etc. And across our locations (US, India, Mexico). We make full-time offers to a decent number of them (not a majority, but more than a few).

And as a manager, I'd absolutely lean towards a recent graduate with some experience over no experience. My "success rate" for grads who have co-op experience (full-time job, often delays graduation by a semester or year) is the highest. Next would be those that had long-term part-time employment (university IT office, etc). Then basic internships. And last, no experience at all - and the "success rate" on them has been low enough I probably wouldn't chance hiring another one.

Re: Americans Lose Faith That Hard Work Leads to Economic Gains, WSJ-NORC Poll Finds

#122

Post by Consultant32452 »

mathiaspoint wrote: post #102
MangoToupe wrote: post #53

Earlier quoted context omitted.

You could just as easily argue that we simply aren't creating enough jobs to make use of the labor force, which traditionally has been a very dangerous place for an empire—especially the core—to be in.

[flagged]

The elites have put themselves in a position where the two main options are the sentiment above or Luigi Mangione. It honestly scares me a bit what's coming.

Re: Americans Lose Faith That Hard Work Leads to Economic Gains, WSJ-NORC Poll Finds

#123

Post by coliveira »

koakuma-chan wrote: post #93
Espressosaurus wrote: post #24

Earlier quoted context omitted.

How many of those jobs are for people with 0 experience?

What about internships? Are those people at good universities not doing internships, or do internships not count as experience? Don't companies hire interns?

Companies ask for several years of experience, internships don't count even as one year...

Re: Americans Lose Faith That Hard Work Leads to Economic Gains, WSJ-NORC Poll Finds

#124

Post by softwaredoug »

We have an administration that wants to ignore basic data like unemployment. Or obvious ramifications of economic policies (lower interest rates -> inflation). They want to hobble any support for the lower/middle class's mobility, while lowering taxes on billionaires (who themselves are out of touch). They don't see basic facts like draconian immigration policies hurt costs.

Ignorance around economic policy is almost a tenet of faith. Ignorance is taken as a source of pride.

Maybe they were ignorant and dumb to do so, but people voted for the first Trump administration. A crazy guy constrained by mostly sane, non-cultists that administered the government around him. I don't think people who voted for Trump wanted Trump II - a doddering old showman surrounded by sycophantic cultists that delight in doing the opposite of sane policy.

Re: Americans Lose Faith That Hard Work Leads to Economic Gains, WSJ-NORC Poll Finds

#125

Post by koakuma-chan »

WalterBright wrote: post #95
koakuma-chan wrote: post #18

Earlier quoted context omitted.

[flagged]

For those who have no experience, one can gain experience while in college: 1. contribute to a significant open source project 2. write some significant work of software 3. design and build your own computer 4. build a robot something 5. work as an intern in industry 6. do work as a research assistant When I was at Caltech, students did (entirely on their own): 1. built a gas powered helicopter from scratch 2. built…

You gotta realize that "experience" refers to "professional" or "commercial" experience, i.e. you gain experience by having the status of an employee at a company and having relevant job title.

Re: Americans Lose Faith That Hard Work Leads to Economic Gains, WSJ-NORC Poll Finds

#126

Post by irrational »

paulpauper wrote: post #112
TuringNYC wrote: post #7

I live in a community full of high-achieving GenZ who did 4-7 AP courses, studied their butts off for the SAT, got into good universities....only to not find any jobs when they graduate with STEM degrees. A dozen neighbors' kids have been asking me for zero-salary jobs just to get experience.

But they still will be faring better than others though. I am sure STEM grads are doing better than law school grads or humanities grads. But graduating in STEM in 2009-2010 would have been awesome. right at the takeoff of a decade-long economic expansion and tech boom. It was much easier to be hired

Why better than law school grads?

Re: Americans Lose Faith That Hard Work Leads to Economic Gains, WSJ-NORC Poll Finds

#127

Post by nonethewiser »

fwip wrote: post #50
nonethewiser wrote: post #30

Earlier quoted context omitted.

Thanks for the information. So unemployed != unemployed. In any case it doesnt really change anything 37% unemployed and 69% living in a home they or someone in their household owns sounds like a lot of young people who havent left the nest.

It seems like you might have got the causation a little reversed. "Leaving the nest" is hard to do when you can't find a job to pay rent with.

Elaborate. What causation did I posit?

It seems like you are defending against something I did not say. I would agree 100% that if you cant find a job its hard to move out of your parents house.

Re: Americans Lose Faith That Hard Work Leads to Economic Gains, WSJ-NORC Poll Finds

#128

Post by culturestate »

mathiaspoint wrote: post #92
the_snooze wrote: post #47

Earlier quoted context omitted.

For any current students reading this, it's entirely doable to finish your program with real experience and connections under your belt. Not just with internships, but TA, research, and student org leadership experience absolutely count too. There are tons of overlooked low-stakes zero-experience opportunities available only to university students, and it's really useful to develop the habit of identifying and pursui…

Do not go to college if you have to spend any money on it. If you do that's everyone telling that you don't belong there and you'll have a hard life if you ignore them.

> Do not go to college if you have to spend any money on it.

“If your family isn’t well-off or you didn’t work hard enough in high school to get any scholarships, college isn’t for you” is certainly an interesting take, and it seems like a much too simplistic heuristic.

Re: Americans Lose Faith That Hard Work Leads to Economic Gains, WSJ-NORC Poll Finds

#129

Post by irrational »

meroes wrote: post #76
TuringNYC wrote: post #7

I live in a community full of high-achieving GenZ who did 4-7 AP courses, studied their butts off for the SAT, got into good universities....only to not find any jobs when they graduate with STEM degrees. A dozen neighbors' kids have been asking me for zero-salary jobs just to get experience.

More than half of STEM grads with careers don’t have a career in STEM.

And here I am - an ancient history grad with a career in STEM. Life is odd.

Re: Americans Lose Faith That Hard Work Leads to Economic Gains, WSJ-NORC Poll Finds

#130

Post by francisofascii »

It is too bad. In recent years working "smarter" has outperformed working harder, but you always needed both. You get good grades in school, and be strategic about which major or career to choose. And of course there is plenty of luck involved. But with AI, who knows what to do. It is harder to be strategic because no one can predict how this will change the economy.
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