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

Posted on 1/14/17 at 3:35 pm to
Posted by Asgard Device
The Daedalus
Member since Apr 2011
11562 posts
Posted on 1/14/17 at 3:35 pm to
It's a rave to the bottom and we accept it because of technological improvements.
Posted by LSUSLU106
Member since Mar 2015
659 posts
Posted on 1/14/17 at 3:37 pm to
Yea wouldn't have the things I have without them so yea there good parents and I know that.
Posted by cahoots
Member since Jan 2009
9134 posts
Posted on 1/14/17 at 3:37 pm to
quote:

the irony is that you don't HAVE to have any of those three. I have friends that have no interest and no cable because they choose to. They have cell phones because they choose to. None of those are required.





Dude, I have to check work emails at home all the time. And I have to have a phone for the times when I'm not at home. Company doesn't pay for it. That's $150/month that I have no choice but to spend.

Posted by yellowfin
Coastal Bar
Member since May 2006
98423 posts
Posted on 1/14/17 at 3:39 pm to
If you can't do your job without a phone then they should provide you with one.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
282255 posts
Posted on 1/14/17 at 3:44 pm to
quote:

One thing that boomers didn't have to deal with is fricking HR - I will give millennials kudos for navigating this bullshite.

If you wanted a job in the past, you got your resume, walked in to the business, talked to the manager, filled out an application, and waited.


True, and I've mentioned this before. Makes a huge difference and ties the hands of hiring managers, but people of all ages are dealing with it.

If you're not making the money you want:

1) be patient in your career, you'll move up.

2) move

3) you may have chosen the wrong major. Find something in low supply and do it.. he'll, nursing pays good and is in high demand. The shortages of the near future are in skilled labor.

4) fricking get married or find a roommate like people have been doing for decades. Two incomes makes a world of difference, this is what my generation did.
Posted by noonan
Nassau Bay, TX
Member since Aug 2005
36951 posts
Posted on 1/14/17 at 3:51 pm to
quote:

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?

It's called getting your foot in the door. That job wasn't beneath you and you blew a great opportunity to work your way up in a company. Opportunity looked you in the face and you spit on it.


The guy that owns my company said his first interview out of college had him taking the little plastic pieces off of shoelaces. He said he didn't understand why but he went along with it. There were others interviewing too that walked away. Well they were just seeing who would put in the time and he got the job. It wasn't a great job and he said he had to work his arse off, but it got him to the point where he could start his own company.
Posted by Azazello
Member since Sep 2011
3213 posts
Posted on 1/14/17 at 3:51 pm to
quote:

2) move


I tell people this all the time. Move to the middle of the country for a few years. Doesn't have to be a super small town, but there are opportunities everywhere in middle America.

Problem is most young people want to be in Austin, Nashville, Charleston, SF, LA, Denver, 'other super expensive city'.

Posted by ItNeverRains
Offugeaux
Member since Oct 2007
28166 posts
Posted on 1/14/17 at 3:57 pm to
quote:

So you're saying that I have a point? There are other ways to make money in the music industry and millennials are proving that all of the time.



I say the ROI on the trade you wish to move forward in life with is a crap shoot in a dying industry. All the labels said once you have 100 million streaming accounts the industry will thrive again. How's that working out? By the amount of catalog's being sold by artist, not very good. Good luck on getting a billion views on YouTube. Somebody is the next "What Does The Fox Say". I know the industry is on life support. My gut says you won't find a smidgen of oxygen, much less resuscitate it.

The reality of the main gripe against Millenials is this. If I spend 200k on an 18th century lesbian poetry degree, odds are i'm going to be a barista, because the demand for that degree is slim to none. To call on society to find my value when there is none is ridiculous. To insinuate any job below a professor of 18th century lesbian poetry is an insult to your academic pedigree is nonsense.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
282255 posts
Posted on 1/14/17 at 3:58 pm to
quote:


Problem is most young people want to be in Austin, Nashville, Charleston, SF, LA, Denver, 'other super expensive city'


Right. Find out where the competition is less and living is cheap, go there to start a career.
Posted by tigerinthebueche
Member since Oct 2010
37008 posts
Posted on 1/14/17 at 4:04 pm to
quote:

By the way, I'm not bringing this up as an excuse, I'm just saying that the application process is harder. Some of the online applications take hours.


FTR, I said "3-5 years experience" is nothing new. I was told the same thing numerous times- sorry but you have no experience. But I took a shite position and worked up from there. Just so I'd get some sort of experience.

I don't disagree the hiring process has changed with on line applications. But it's no different than having a receptionist as a roadblock or wall to the person actually hiring. But you did the same exact thing I did. You kept kicking the door till it opened. I sat in the reception area till the boss walked in and introduced myself in the lobby. He gave me all of five minutes that day but called me back the next monday. Told me I could start in the WH as a puller. Not exactly what I had envisioned when I graduated, but at least it got the ball rolling.
Posted by northshorebamaman
Cochise County AZ
Member since Jul 2009
36421 posts
Posted on 1/14/17 at 4:06 pm to
quote:

I tell people this all the time. Move to the middle of the country for a few years. Doesn't have to be a super small town, but there are opportunities everywhere in middle America.

Problem is most young people want to be in Austin, Nashville, Charleston, SF, LA, Denver, 'other super expensive city

This is all true but I accept the trade-off. I understand others have different priorities though.
Posted by GreatLakesTiger24
Member since May 2012
57876 posts
Posted on 1/14/17 at 4:15 pm to
quote:

The reality of the main gripe against Millenials is this. If I spend 200k on an 18th century lesbian poetry degree, odds are i'm going to be a barista, because the demand for that degree is slim to none. To call on society to find my value when there is none is ridiculous. To insinuate any job below a professor of 18th century lesbian poetry is an insult to your academic pedigree is nonsense.


I bet at least 90% of the millennials who "whine" on here have an accounting, finance, engineering, construction management, etc. type degree.
Posted by Hammertime
Will trade dowsing rod for titties
Member since Jan 2012
43031 posts
Posted on 1/14/17 at 4:56 pm to
If someone thinks taking plastic off of shoelaces for 3 years qualifies as 3 years of engineering experience, which then puts you in the position for an "entry-level" engineering job, then they can have at it. I'll pass on that one
Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
144795 posts
Posted on 1/14/17 at 4:59 pm to
We don't see eye to eye on everything... but I'm right there with you in this thread. It's frustrating. right in the feels mane...
Posted by noonan
Nassau Bay, TX
Member since Aug 2005
36951 posts
Posted on 1/14/17 at 5:02 pm to
quote:

If someone thinks taking plastic off of shoelaces for 3 years qualifies as 3 years of engineering experience, which then puts you in the position for an "entry-level" engineering job, then they can have at it. I'll pass on that one


I'm not sure how you got that from my post. It was just in the interview.
Posted by Azazello
Member since Sep 2011
3213 posts
Posted on 1/14/17 at 5:08 pm to
quote:

This is all true but I accept the trade-off. I understand others have different priorities though.


Hell I'm a hypocrite myself, I live in Denver

Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 1/14/17 at 5:12 pm to
sounds like you just want a great job handed to you
Posted by Vastmind
B Ara
Member since Sep 2013
5322 posts
Posted on 1/14/17 at 5:20 pm to
Globalism
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
282255 posts
Posted on 1/14/17 at 5:25 pm to
This post was edited on 1/14/17 at 5:26 pm
Posted by Vastmind
B Ara
Member since Sep 2013
5322 posts
Posted on 1/14/17 at 5:38 pm to
quote:

Millennial here as well. Late 20's with household income of 170k. It's a decent living but nothing special due to having 200k in student loans. Paycheck goes right out the window back to the government in the form of student loan interest and taxes (which I get no breaks for since we are considered high income earners). Busted our asses in school getting advanced degrees but to be honest our friends that learned a trade have way more discretionary income.


I graduated with 200k in student loans making from 130 to 200k. We paid off all our debt in 5 years by driving 2 tone Mazda protégés and eating beans and rice. Look up Dave Ramsey and become a baller. I make on that lower range now but I'm debt free. Gen X biotch.
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