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re: Millennials earn 20% less than Boomers did at same stage of life

Posted on 1/14/17 at 10:34 am to
Posted by GreatLakesTiger24
Member since May 2012
57874 posts
Posted on 1/14/17 at 10:34 am to
The personal anecdotes ITT are retarded. They don't mean anything.
Posted by Box Geauxrilla
Member since Jun 2013
19170 posts
Posted on 1/14/17 at 10:47 am to
Wait until you realize that this entire forum is nothing but personal anecdotes that don't mean anything.
Posted by GreatLakesTiger24
Member since May 2012
57874 posts
Posted on 1/14/17 at 11:09 am to
True

Sometimes there is legitimate discussion (with stats, charts, etc) then people start talking about what their kids and parents did
Posted by LucasP
Member since Apr 2012
21618 posts
Posted on 1/14/17 at 11:11 am to
quote:

Sometimes there is legitimate discussion (with stats, charts, etc) then people start talking about what their kids and parents did


Typical millennial, always resorting to "facts" and "statistics" because you can't make a real argument. No wonder y'all can't make it in the real world.
Posted by BobABooey
Parts Unknown
Member since Oct 2004
15468 posts
Posted on 1/14/17 at 11:13 am to
Sounds like Millenials are lined up to inherit much larger sums of money from their Baby Boomer parents than any other generation.

People survived with less during the Great Depression's awful economy. The idea that you are entitled to do better than your parents or the previous generation is the same kind of faulty logic that has everyone thinking that a college degree is essential to being successful.

Look at what successful Millenials are doing and emulate them. If success is most important to you, don't listen to people who say "get a job doing what you love or what interests you." Do plumbers and electricians love what they do? Doubt it but they make good money and many end up owning their own business.

I sympathize with Millenials if finding jobs is difficult currently. The days of being employed by the same company for decades ended 20 years ago. Many Boomers realize that they are always at risk of being replaced by an HB-1 visa worker or a younger person with a lower salary.

If some Millenials have it harder than some Boomers, that's unfortunate. Anger and finger-pointing won't accomplish anything. The root of the problem usually lies in the choices made and priorities. Keep at it - perseverance pays.
Posted by CaptainBrannigan
Good Ole Rocky Top Tennessee
Member since Jan 2010
21644 posts
Posted on 1/14/17 at 11:16 am to
I love when these threads break down into old morons wondering why people don't want to drive shitty cars or live in a 2 bedroom apartment with 9 other people.
Posted by tigerinthebueche
Member since Oct 2010
37002 posts
Posted on 1/14/17 at 11:56 am to
quote:



GenX is the group raising the worst part of the millennial generation. GOAT my you arse.


Wait, are you a millineal? I've been wondering when the focus of blame would shift from Boomers to other age groups.
Posted by lsu777
Lake Charles
Member since Jan 2004
34934 posts
Posted on 1/14/17 at 12:26 pm to
I am a millennial, first year millennial to be exact. And honestly people are just lazy now a days and expect something because they have a degree. I hire unskilled labor every single day at 20/hour plus benifits after three months. All I ask is have a Twix card and pass drug and background. It's hard work, it sucks but it pays well starting out. If you have a degree and can do it for a year or two max you would come into the office making 32 to 34 starting out plus vehicle allowance and other benefits.

Every single millennial I have interviewed took it as an insult I even offered a manual labor type job to them. Normally I would offer them an office position, problem is kids now coming out of school in programs like engineering have no clue how construction works or how constructability factors into a project so they have to learn some how.

Point is the biggest problem with all ages now is they are lazy. It's not a generational thing it's just a fact. Biggest thing wrong with millennials is they have no clue how to do everyday task or any experience with their hands building or making things. Sorry but you can't do project management, project controls, accounting, manage people etc if you don't understand how things are created in the field. This goes for construction, engineering, oil field, manufacturing, refinery and pretty much every industry. You have to be willing to learn and work hard to educate yourself and this is the main issue with the whole workforce.

Some finance fields are the exception but you better understand business or in something like banking, you better have a good understanding of money flow and how to deal with people.



Posted by slackster
Houston
Member since Mar 2009
89785 posts
Posted on 1/14/17 at 12:39 pm to
quote:

Sometimes there is legitimate discussion (with stats, charts, etc) then people start talking about what their kids and parents did


I gave up a few pages ago. Few people are interested in discussing the real issues.
Posted by VABuckeye
NOVA
Member since Dec 2007
37609 posts
Posted on 1/14/17 at 12:47 pm to
Like the spiraling cost of education or the over education of America?
Posted by Hammertime
Will trade dowsing rod for titties
Member since Jan 2012
43031 posts
Posted on 1/14/17 at 1:00 pm to
It is obvious by reading this thread that most of these people haven't had to look for a job in the past 5-10 years. Some of the stuff posted is almost infuriating actually. Economic and job market problems are all caused by boomers (and early gen-x'ers). They just cannot see it for some reason.

I'd say you have caused around 75% of new grads in the past 10 years to be underemployed.

Their minimum hiring qualifications are completely ridiculous. They want people to have 2-5 years experience plus a degree and 3.5+ GPA to work an entry-level job....with entry-level pay. Now what entry-level graduate would be applying for a job that requires 2-5 years of direct experience? Either the unqualified ones, or no one. Yall can thank yourselves and your HR departments for that one.

They even want experience and training for the most menial of jobs. I saw that someone posted about plants begging for people to work turnarounds right now. The problem with that is they won't hire people unless they have some type of schooling and 2+ years of working in a plant. Who pays for that schooling, and how does someone get 2+ years experience working in a plant when even the lowest job requires plant experience?

I applied for a job a while back as a maintenance worker with LSU-HSC. The requirements were a HS diploma and 3+ years of experience in industrial maintenance. The pay was $10.50/hr. I went to the interview and 100% of the workers there were black. I must've seen 50 or 60 people in that department, and every single one was black. Is there a reason for that? Yes, LSU-HSC only hires black maintenance workers as a policy. How is a white kid supposed to get a job in industrial maintenance when most companies in the city only hire black people for that position? How is someone supposed to pay bills, buy a house, start a family on $20k/yr? They can't unless they receive government subsidies. So now you have only old black men who are on government subsidies working these jobs. And you complain about that.

A few months ago, I applied for a job that required a degree and fab shop experience. During the interview, it was explained that it would be primarily keeping the shop clean (emptying trash, sweeping, moving stuff around). What kind of bullshite is that?

All of you old fricks saying you pay people $45-60k for an entry-level position are either lying your asses off, or it is one of those "entry-level" jobs that you are so famous for creating. You know, one of those "entry-level" jobs that requires you to have 3+ years of experience and a degree to work part-time for garbage pay, and then have a perfect GPA before even getting an email from HR.

----------------------------------------------------------------------------------------------------

Here's a hypothetical....let's say you have a position open for an accounting 1 job at your company. Two people apply. One has grown up with both parents who are accountants, doing all aspects of accounting from 16 until graduating at 21. The other worked at a snowball stand when he was 17 for one summer and also graduated when he was 21. The first applicant has a 3.1 GPA, and the second has a 3.95. Well, instead of hiring the perfect candidate who knows exactly what he's doing already, you hire the one with the higher GPA.

Now, he spends a year or two working for you. Does shite work because he has no idea what he is doing IRL, and you spend the entire time training him. He will be in a better position than the kid who couldn't get a job as an accountant until a year later, and will then leave you because he can get a job that pays more elsewhere. Then, you complain about retention rates. Guess what though...you hired the wrong person based solely on their GPA, and will do it over, and over, and over, and over again, and then blame it on an entitled generation.

----------------------------------------------------------------------------------------------------

Over the past few years, I have applied to 200+ jobs over multiple industries that I was either over, or perfectly qualified for by work experience. I have cold-called, cold-emailed, shown up, spoken with family/friends, and filled out countless apps online. You say you want and need people, but you don't hire anyone (not just me). Most online were apps probably resume-fishing companies, but I'd guess half of them were legit. You old bastards are always wanting more for less pay, and then love complaining about it. You reap what you sow.


FTR, I do have a job, but am highly under-utilized. Pay is meh, but luckily I am not starving for cash like many students or new grads. The whole job search process is maddening. Hell, we can't even walk in and ask the boss for a job anymore. Have to apply online and hope your name doesn't get thrown out by a computer or an HR lady who doesn't know anything about the job.



tl;dr frick you old people. You couldn't get a job in today's market. You are the ones who caused this garbage economy. Hurry up and retire so we can take your jobs. Hurry up and die so we don't have to pay for you to live as a vegetable until 104
Posted by RummelTiger
Texas
Member since Aug 2004
92030 posts
Posted on 1/14/17 at 1:08 pm to
I find it interesting that, for a generation that was told they could do anything, they largely aspire to do nothing.
Posted by SG_Geaux
Beautiful St George, LA
Member since Aug 2004
79585 posts
Posted on 1/14/17 at 1:09 pm to
Someone is mad.

Ya'll think he mad?
This post was edited on 1/14/17 at 1:10 pm
Posted by StrongBackWeakMind
Member since May 2014
22650 posts
Posted on 1/14/17 at 1:16 pm to
Boomers were born on third and think they hit a triple.
Posted by Hammertime
Will trade dowsing rod for titties
Member since Jan 2012
43031 posts
Posted on 1/14/17 at 1:19 pm to
I won't deny that.

I have seen many employers bitch and bitch and bitch about not having qualified employees, only to not hire qualified employees. I can think of one specifically that did this every time any of our students and teachers met him. You wanna know how many new people he hired in the 5 years I kept up with that industry? Zero. I went to an alumni function last year, and he was still complaining about the same thing.

They need to go back and think of what an entry-level job is, and also redefine what their entry-level requirements are. Their strategies are shutting out a lot of qualified and talented people who have much potential for growth. Again, I'm not just talking about myself. I am talking about all of the people I have gone to school with over the years.

Just wait until all millennials hit 30-40 with no skills other than working in a restaurant or bar, and then try to start a family and build a life. You'll be giving them more government subsidies because of your decisions right now.
This post was edited on 1/14/17 at 1:24 pm
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
282189 posts
Posted on 1/14/17 at 1:21 pm to
quote:

love when these threads break down into old morons wondering why people don't want to drive shitty cars or live in a 2 bedroom apartment with 9 other people


Yes, because you're entitled to so much more without paying dues, aren't you, cupkake?
Posted by Byron Bojangles III
Member since Nov 2012
51994 posts
Posted on 1/14/17 at 1:22 pm to
quote:

for a generation that was told they could do anything, they largely aspire to do nothing.
we've been told we can achieve anything since the 1900's. You know the whole "American dream" thing.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
282189 posts
Posted on 1/14/17 at 1:25 pm to
quote:


It's just different today. there is a lot for kids to spend their money on


I think many believe they can graduate and continue the same lifestyle they had with mom and dad. It rarely works that way
Posted by Hammertime
Will trade dowsing rod for titties
Member since Jan 2012
43031 posts
Posted on 1/14/17 at 1:26 pm to
Well, when a large chunk of people are still doing that at age 35, you have a problem
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
282189 posts
Posted on 1/14/17 at 1:27 pm to
quote:


we've been told we can achieve anything since the 1900's. You know the whole "American dream" thing.


It usually takes a few years, champ. It doesn't get handed to you
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