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

Posted on 1/16/17 at 11:52 am to
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
58000 posts
Posted on 1/16/17 at 11:52 am to
quote:

Lots of people in this world don't have much in the ways of hobbies.
I wishi i had fewer hobbies.
Posted by LCA131
Home of the Fake Sig lines
Member since Feb 2008
75083 posts
Posted on 1/16/17 at 11:52 am to
quote:

College kids these days dont want the face to face contact and just want to sit behind a computer screen.


this may be the most sensible thing you have ever said.
Posted by baseballmind1212
Missouri City
Member since Feb 2011
3350 posts
Posted on 1/16/17 at 11:52 am to
quote:

Tell them to move to Nashville, Dallas, etc. Huge construction booms


Most of the people who don't have jobs right now (4 months before graduation) aren't willing to move.

I took a job in Houston, while fielding offers from Dallas, Seattle, NYC, and NOLA. Lots of my friends couldn't believe I would even consider moving.

dumb is dumb.
Posted by southernelite
Houston, TX
Member since Sep 2009
53508 posts
Posted on 1/16/17 at 11:53 am to
Yet, Millennials with a college degree are making a 66% premium over those that don't....
Posted by 50_Tiger
Arlington TX
Member since Jan 2016
42095 posts
Posted on 1/16/17 at 11:57 am to
theres about 50 sites along the tollways that are going up lol I agree!
Posted by bmy
Nashville
Member since Oct 2007
48203 posts
Posted on 1/16/17 at 11:57 am to
quote:


Most of the people who don't have jobs right now (4 months before graduation) aren't willing to move.

I took a job in Houston, while fielding offers from Dallas, Seattle, NYC, and NOLA. Lots of my friends couldn't believe I would even consider moving.

dumb is dumb.


if you want a halfway decent job you bet your arse you better be willing to move
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
283292 posts
Posted on 1/16/17 at 11:57 am to
quote:


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


Your location matters quite a bit. Median starting pay for college grads here is around 50k. I believe it's the same around much of the wast coast.

If you get a generic business degree flooded with other grads, don't expect much. It's an over saturated field
Posted by BulldogXero
Member since Oct 2011
9962 posts
Posted on 1/16/17 at 12:00 pm to
quote:

That's the problem. College kids these days dont want the face to face contact and just want to sit behind a computer screen.


You mean like virtually every white collar job out there?
This post was edited on 1/16/17 at 12:01 pm
Posted by VABuckeye
NOVA
Member since Dec 2007
37696 posts
Posted on 1/16/17 at 12:01 pm to
The average starting salary in Washington, DC is $49000. The surrounding counties would be about the same.
Posted by baseballmind1212
Missouri City
Member since Feb 2011
3350 posts
Posted on 1/16/17 at 12:03 pm to
absolutely. That's for any field though, but especially CM. I pursued those cities I listed because they are all home to big companies, and also their pay rates are higher. Granted, Seattle's and NYC's COL negates that, but there are companies in Houston, Dallas, and Florida that were willing to start at 62k/year. Thats vs. 50k here in BR.

Also my classmates are too damn picky. One of the snowflakes in my sr. project group received an offer from a pretty reputable contractor based here in BR. Only catch is that they wanted to pay him hourly for the first 6 months to a year because he had no experience.

He said thanks but I want a salaried position. Dumbass. odds are he would have been guaranteed 10-20 hours of OT a week.
Posted by SaintBrees
Member since Oct 2015
547 posts
Posted on 1/16/17 at 12:05 pm to
Definitely true. And I agree that there's a such thing as picking a poor degree. It is just different than it used to be.

Anyone who has worked in an office environment is probably familiar with the stereotypical women in their 50s without college degrees who have worked for the company for 30+ years doing basic admin stuff. Years ago, you had men working in specialized fields or working a trade and you had women holding receptionist and admin positions, which contributed 30% or so of the household income. Today, those positions are requiring experience and college degrees and paying the same low salary they paid these unskilled/uneducated ladies.

I always wonder about what women do when these discussions come up because a woman without a specialized degree is even more limited than a man because she can't go work just any manual labor job or trade. A woman can't go learn HVAC because she can't carry an air conditioner down from an attic. A woman without a specialized degree/skill is pretty much destined to make $30k.
Posted by VABuckeye
NOVA
Member since Dec 2007
37696 posts
Posted on 1/16/17 at 12:09 pm to
My daughter realized that her double major in Art History and Studio Art was virtually worthless. She entered a masters program for Art Education and starts student teaching tomorrow. When she graduates in May she'll be looking at a starting salary in the low 60's here in northern Virginia.

Will she have debt? Yes, but she's turned a useless degree into a career that will pay her over six figures over time.

And yes, she's a snowflake but I still love her.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
283292 posts
Posted on 1/16/17 at 12:16 pm to
quote:


Anyone who has worked in an office environment is probably familiar with the stereotypical women in their 50s without college degrees who have worked for the company for 30+ years doing basic admin stuff. Years ago, you had men working in specialized fields or working a trade and you had women holding receptionist and admin positions, which contributed 30% or so of the household income. Today, those positions are requiring experience and college degrees and paying the same low salary they paid these unskilled/uneducated ladies.


In the 50s, college grads were few in number. The pctg has probably tripled since then. Men generally performed labor, women worked in offices doing clerical work.

Again, you can make more (starting pay) today as a skilled laborer than you can office clerk or other business related field.
Posted by baseballmind1212
Missouri City
Member since Feb 2011
3350 posts
Posted on 1/16/17 at 12:20 pm to
quote:

Again, you can make more (starting pay) today as a skilled laborer than you can office clerk or other business related field


$18/hr working 5 10's and OT for turnarounds as a electrician's apprentice in BR. Not bad money for an 18 year old kid. 2 years later and your a skilled electrician once you get your license
Posted by VABuckeye
NOVA
Member since Dec 2007
37696 posts
Posted on 1/16/17 at 12:23 pm to
A union master electrician up here makes just shy of $50 an hour.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
283292 posts
Posted on 1/16/17 at 12:27 pm to
quote:


$18/hr working 5 10's and OT for turnarounds as a electrician's apprentice in BR. Not bad money for an 18 year old kid. 2 years later and your a skilled electrician once you get your license


About the same here. Incremental increases every year and upon finishing the apprentiship it starts around 30/hr. Lots of overtime too. I knew guys getting over 100 hours a week last summer.
Posted by Hammertime
Will trade dowsing rod for titties
Member since Jan 2012
43031 posts
Posted on 1/16/17 at 12:33 pm to
I blame myself for my bad grades. I accepted a long time ago that I'm not a person who can get straight A's....or straight B's. I'm just happy passing, and there's nothing I can do to make my grades better. That's my problem. That doesn't negate the fact that the jobs aren't there because the economy sucks.
quote:

That's the problem. College kids these days dont want the face to face contact and just want to sit behind a computer screen.
100% of the recent grads in this thread have expressed hatred for the online application process and having HR choose candidates for jobs they know nothing about. Not sure where you got that.

Maybe if companies ditched the online application process, they'd get better, more personable employees who are committed to do what they set out to do. By doing that, you force them to come in and get the job. Those are the people who want to work. The current way just leads to them submitting 30+ applications a day and hoping to get a response email.
This post was edited on 1/16/17 at 12:50 pm
Posted by tigerinthebueche
Member since Oct 2010
37066 posts
Posted on 1/16/17 at 12:37 pm to
quote:

Maybe if companies ditched the online application process, they'd get better, more personable employees who are committed to do what they set out to do



absolutely agree.
Posted by VABuckeye
NOVA
Member since Dec 2007
37696 posts
Posted on 1/16/17 at 12:43 pm to
I can respect that.

I agree about online applications. The application process has become less and less personal over time and that's a bad thing IMO. I'd rather get a handshake and a look in the eye from a prospective employee than a computer generated list.
Posted by Hammertime
Will trade dowsing rod for titties
Member since Jan 2012
43031 posts
Posted on 1/16/17 at 12:44 pm to
Both of my parents started out working for KPMG way back when, and they had a policy where they wouldn't hire anyone with over a 3.5 because they generally had social problems. Damn, I wish they still did that

Sociability means jack shite when you're trying to get past a computer screening process


Eta: You can just copy and paste the job description in your resume submission, or copy and paste stuff in white letters so the computer won't reject your application. How fricked up is that?
This post was edited on 1/16/17 at 12:47 pm
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