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

Posted on 1/16/17 at 10:54 am to
Posted by SaintBrees
Member since Oct 2015
547 posts
Posted on 1/16/17 at 10:54 am to
quote:

Get your lazy pampered asses up, use your open minds and create something. create some business...


That's way too simple of an answer. Lots of people in this world don't have much in the ways of hobbies. We aren't all creative people with amazing ideas inside. Some people aren't leaders; they're followers. They just want to go into work at the same time every day, do their tasks, and get a livable paycheck out of it.

I think it is incredibly simple-minded to assume all people are these amazing innovators who need to just open themselves up to the world.

This idea of your job being the end-all-be-all of your life is a very American idea, and it isn't necessarily the right one for all people. It is perfectly okay for someone to want to simply show up and perform a task and go home with a paycheck. These people are complaining because those jobs are asking for "amazing" applicants when the job isn't all that amazing. You don't need 3 years of experience to file papers and type emails for some CEO, yet the job posting sure asks for it.
Posted by volod
Leesville, LA
Member since Jun 2014
5392 posts
Posted on 1/16/17 at 10:56 am to

BLS usually does not use voluntary extras like tips.
Posted by tigerinthebueche
Member since Oct 2010
37656 posts
Posted on 1/16/17 at 10:58 am to
quote:

And who created and perpetuates the weak economy currently?


its not just a who. Its also a what. And there are lots of both to point at. If you are trying to blame a specific person or persons for the economy, then you are in a world of hurt. Is that what you are trying to do?
Posted by Hammertime
Will trade dowsing rod for titties
Member since Jan 2012
43031 posts
Posted on 1/16/17 at 11:08 am to
Internships at bigger companies can only be had by people with a 3.5+ GPA. They list it on their requirements. Past work experience is irrelevant. I know this because my past work experience mirrors or exceeds their job descriptions many times, but I have been turned down solely because of my GPA.

Your first job/internship will be scored either because of your GPA, or because of your personality. With computers and HR women screening applications, your personality almost never has a chance to make it to the table.

Tough pill to swallow for those with experience, but bad grades. Like I said before, I would've taken a shite job and given up on the search had I needed the money. That's how people end up waiting tables at 25 and 30
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
292975 posts
Posted on 1/16/17 at 11:09 am to
quote:

while my brother goes to 4 year college for 6 years, leaves owing like $60k and comes out struggling to find a job and finally lands one making $35k/year, well then there is definitely something wrong and since its been boomers in charge of the economy the whole time...well...frick boomers.


Boomers picked his major?
Posted by Hammertime
Will trade dowsing rod for titties
Member since Jan 2012
43031 posts
Posted on 1/16/17 at 11:12 am to
People who own businesses and run the country got us into the situation we're in. Those people aren't 25 or 30 years old
Posted by BulldogXero
Member since Oct 2011
10180 posts
Posted on 1/16/17 at 11:15 am to
quote:

Its possible to make over 80K being a beautician. However, as others have said, anecdotal evidence does not mean much in bigger market.


My barber charges $20 for a haircut. I can see how some of them make 80k, but no idea what he pays for the building itself
Posted by SaintBrees
Member since Oct 2015
547 posts
Posted on 1/16/17 at 11:16 am to
quote:

Boomers picked his major?



Again, we aren't all amazing innovators. Some of us humans are good at writing books... or a foreign language.. or journalism.. or any other thing that doesn't automatically yield a job upon graduation.

Why are you assuming all people have the ability to be good at engineering or science? Some people legitimately do not possess what it takes to be good at those things. They're not science-minded. But they had good grades in high school, so boomer mommy and daddy essentially gave them no choice but to go to college. Now they're a college grad with a Mass Communications degree and can't get a job because marketing positions require an insane amount of experience.

Like LCA assuming all people posses these amazing ideas that they haven't exposed to the world, it is unrealistic for you to assume all people possess the ability to be a doctor or engineer. Some people were never strong in math and science.
Posted by GreatLakesTiger24
Member since May 2012
58702 posts
Posted on 1/16/17 at 11:20 am to
quote:

Overall, 40 percent of bachelor's degrees earned by men and 29 percent earned by women are now in STEM fields. At the doctoral level, more than half of the degrees earned by men (58 percent) and one-third earned by women (33 percent) are in STEM fields. While the share of STEM degrees as a percentage of all degrees earned has decreased in some categories in the last 10 years, that was primarily the result of a decrease in the number of social science and psychology degrees.





All these kids go to school for is women's studies!
This post was edited on 1/16/17 at 11:21 am
Posted by volod
Leesville, LA
Member since Jun 2014
5392 posts
Posted on 1/16/17 at 11:20 am to

quote:

Boomers picked his major?


I acknowledge your sentiment. People should pick better majors. I learned that the hard way when my first choice didn't work out.

However, two things need to be noted

1) All universities are not created equal. An engineering degree from a Tier 1 school is harder to get than from a Tier 3 or lower. Same goes for any major.

2) As I posted earlier, the average beauty grad is making less than $12/hr. All trades are not equally valued, and the OP who posted his sister salary isn't telling us something about what she does (ie is she an owner, etc.)
Posted by southernelite
Houston, TX
Member since Sep 2009
53560 posts
Posted on 1/16/17 at 11:30 am to
quote:

"Recent college graduates desired, 3-5 years relevant experience preferred" 



who writes that and thinks, "makes sense"


If they're finding qualifed candidates, then it obviously makes sense for them. They're obviously finding candidates that fit their requirements.

Even if you see something like that, apply anyway! If they don't find the experience they're looking for, which you believe they won't, then they aren't going to repost an ad, their going to look at some resumes already in their pool.

It's pretty common sense that they're either finding the experience they want, or purposely overstating the requirements.
Posted by uway
Member since Sep 2004
33109 posts
Posted on 1/16/17 at 11:32 am to
Boomers suck, but maybe Mille nails should spend more time trying to better their situation and less time creating clever memes about boomers.

Also, what mistakes did the boomers make? Why is the future less promising than it was then? What has happened to America and Europe? Are you willing to look for the answers?
Posted by Carolina Tide
Atlanta
Member since Jul 2013
5747 posts
Posted on 1/16/17 at 11:47 am to
quote:

it is when you're brainwashed from 5 years old and up that you're a useless POS human without a college degree



^^^^^Excactly. I'm a millennial and whenever I saw a plumber, garbageman or a construction worker instead of being told to admire that man for working hard in a honest job where he can provide for his family I was told to study hard and stay in school "or this could be me".

We as a society have put a negative stigma on many of these jobs (that we ironically need in order for our country to function) and that they're only reserved for the losers who slacked off in school and if you take these jobs then your life is basically going nowhere.

We've been told over and over that the only way to be successful in this country is to have a college degree and if we dropout it's clearly because we weren't smart enough or spent all of our time drinking or partying.

Just because you don't have a degree doesn't mean you're a failure. Clollege simply isn't made for everyone. I wish more people could understand that. You might have people training for meaningful trade jobs were they can start right after HS instead of wasting 4 years accumulating thousands of dollars in debt in order to persue a job that they might never get.
This post was edited on 1/16/17 at 11:51 am
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
292975 posts
Posted on 1/16/17 at 11:47 am to
Median starting pay for a bachelor's degree is around 45k. That's just starting

It appears that the problem is unreal expectations and feeling entitled.
Posted by bmy
Nashville
Member since Oct 2007
48203 posts
Posted on 1/16/17 at 11:47 am to
quote:


A majority of my classmates either don't work, or don't do something related to their future field. Now its the last semester before graduation and 70% of my class is complaining about how they cannot find jobs (Construction Management)


Tell them to move to Nashville, Dallas, etc. Huge construction booms.
Posted by VABuckeye
NOVA
Member since Dec 2007
38283 posts
Posted on 1/16/17 at 11:48 am to
quote:

People who own businesses and run the country got us into the situation we're in.


You're really exceptional at playing the blame game. Here's a juice box and a participation ribbon for you!

Grades. You're the one who got the bad grades in college that didn't give you the best opportunities. Learn your lesson and better yourself instead of blaming others for your poor decisions and shortcomings.
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
58263 posts
Posted on 1/16/17 at 11:49 am to
quote:

Jobs for recent grads with 0-1 years of experience are extremely hard to come by. That's the problem
maybe they should have done some networking in college to get their foot in the door, Like i did.

That's the problem. College kids these days dont want the face to face contact and just want to sit behind a computer screen.
Posted by VABuckeye
NOVA
Member since Dec 2007
38283 posts
Posted on 1/16/17 at 11:50 am to
quote:

We as a society have been told to stigmatize these jobs and that they're reserved for the losers who slacked off in school and their lives are basically over.

We've been told over and over that the only way to be successful in this country is to have a college degree and if we dropout it's clearly because we weren't smart enough or spent all of our time drinking or partying.


Jesus Christ. Our parents told us the exact same thing.
Posted by SaintBrees
Member since Oct 2015
547 posts
Posted on 1/16/17 at 11:51 am to
quote:

Median starting pay for a bachelor's degree is around 45k. That's just starting


Anyone whose degree is not in a specialized field is not getting hired at $45k. Entry level "office jobs" pay around $30k and they often require a college degree.

I made the point earlier that kids need to be working through college and making connections, but let's not act like there's a plethora of $40k+ jobs in non-specialized areas. These companies have been paying $35k Ms. Betty who worked there for 40 years, and they're looking to replace her with someone they can pay less/equal to.
This post was edited on 1/16/17 at 11:54 am
Posted by bmy
Nashville
Member since Oct 2007
48203 posts
Posted on 1/16/17 at 11:51 am to
quote:


Median starting pay for a bachelor's degree is around 45k. That's just starting

It appears that the problem is unreal expectations and feeling entitled.


I've seen that number thrown around.. it's mind boggling to me based on north alabama/tennessee/louisiana friends. Unless they're getting heavy numbers from LA and NY. In the south/south east.. I'd expect median starting pay to be around 35k. I have a few nurse friends who started in the 40s and a few engineers who started at 50.

That also doesn't take into account the people who are working for $9/hour because they couldn't find a job using their degree. If we're looking at "wage of first job after graduating" it would show a dramatically different picture.
This post was edited on 1/16/17 at 11:56 am
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