New U.S. college grads now have higher unemployment than the average worker

Post by laughing_man » Sun, Jun 07, 2026, 5:43 AM UTC

0xDEAFBEAD wrote: post #98

hn_throwaway_99 wrote: post #93

I think the article is correct to point out remote work as a big culprit, but for the wrong reasons. The article says "Employers, the Fed argues, are wary of hiring inexperienced people into remote roles, where the on-the-job mentorship that turns a new grad into a productive worker is hard to deliver." And I agree that's a factor, but I really think that what changed in the late teens is that remote software and net…

So what are remaining high-paying white collar jobs which aren't exposed to this type of foreign competition? I'm thinking lawyer, since legal skills aren't as portable across international borders?

Post by laughing_man » Sun, Jun 07, 2026, 5:49 AM UTC

ryeguy_24 wrote: post #131

I keep going back to the debate with myself. Do I give my now-young kids 500K in an ETF in 14 years or do I send them to college? And the debate is not about how they will spend it (I can hold on to it too), it’s about whether to spend the money or just pass on the wealth to them. People have given me tons of reasons why college is good for them - independence, etc etc. I can find a way to give them independence with…

Post by jjav » Sun, Jun 07, 2026, 6:00 AM UTC

SOLAR_FIELDS wrote: post #42

Rotdhizon wrote: post #12

This is the easiest niche to pick on but I am mid career for cybersecurity. I spend a decent amount of time trying to advise people away from this career field for college. So so so so so many people are going to college for cyber not realizing when they graduate, they are in totality unemployable. Really I'm not sure how new people to tech could even enter the industry, it seems like at the lower levels the entire i…

I personally as a general rule don’t hire people who work in cybersecurity if they were not traditional developers first. The chances of you understanding “cybersecurity” without also understanding how general software works is extremely low.

Post by danaris » Sun, Jun 07, 2026, 6:33 AM UTC

forgetfreeman wrote: post #181

ambicapter wrote: post #148

Earlier quoted context omitted.

I don’t know about that, I feel like one of the issues when one person-one vote democracies is that it means the greater population demographic (aka the Boomers) hold a relatively higher proportion of the vote and thus can majority rule everyone else.

The mistake you're making here is in the assumption that voters have any meaningful input on policy. Given the overwhelming majority of policy at both the state and federal level is drafted by lobbyists this assumption seems questionable at best.

Post by watwut » Sun, Jun 07, 2026, 6:49 AM UTC

laughing_man wrote: post #223

epistasis wrote: post #167

Earlier quoted context omitted.

That is absolutely not the case in any way. The US is the most vibrant and productive economy in the world, the envy of every other country. China is literally trying to climb the economic ladder up to the type of hugely productive, high paying jobs that the US is. And somehow the US got tricked into thinking that the low paying, less productive manufacturing jobs are what we should be climbing down to.

It's true in some very important ways. Manufacturing employment is something like 15% of what it was fifty years ago. We only do manufacturing for things that require a lot of technology and a sophisticated skill set. But not everyone in society is cut out to manufacture integrated circuits. It used to be that a person on the left half of the IQ bell curve could go out and get a job making brooms, or plumbing fixture…