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re: Millennials earn 20% less than Boomers did at same stage of life
Posted on 1/13/17 at 5:35 pm to Byron Bojangles III
Posted on 1/13/17 at 5:35 pm to Byron Bojangles III
I can forgive them for almost everything except for not fixing Social Security.
0
Posted on 1/13/17 at 5:35 pm to El Segundo Guy
quote:
If my over 40 broke down arse can crawl around in attics and under trailer houses when I didn't even need the money, I have zero sympathy.
How are millennials.. who struggle entering the workplace at all.. supposed to start a business?
Oh wait. You want them to work for $12.25/hour doing work that would have paid a boomer the equivalent of $40k/year back in the day
This post was edited on 1/13/17 at 5:36 pm
Posted on 1/13/17 at 5:36 pm to HempHead
quote:
If someone has even a modicum of personality and quickness, they can double that income by working in the service industry.
Yep. People that make $18k want to make $18k.
Posted on 1/13/17 at 5:37 pm to bmy
quote:
How are millennials.. who struggle entering the workplace at all.. supposed to start a business?
Are you serious? Businesses are started every day by young people.
Posted on 1/13/17 at 5:38 pm to bmy
It doesn't matter who got paid what back in the day.
Now I am retired, own my own business and also work full time as an appraiser. Where there's a will, there's a way.
Now I am retired, own my own business and also work full time as an appraiser. Where there's a will, there's a way.
Posted on 1/13/17 at 5:38 pm to DisplacedBuckeye
quote:
Are you serious? Businesses are started every day by young people.
Posted on 1/13/17 at 5:39 pm to BOSCEAUX
quote:unskilled jobs? No way
. I could line people up with jobs left and right paying about 45K a year.
Posted on 1/13/17 at 5:39 pm to El Segundo Guy
quote:
It doesn't matter who got paid what back in the day.
Now I am retired, own my own business and also work full time as an appraiser. Where there's a will, there's a way.
We're comparing millennials and boomers.. and the ratio between education/experience and income are relevant.
Posted on 1/13/17 at 5:40 pm to bmy
I thought millennials could just make an app and become a millionaire. What's with all the whining?
Posted on 1/13/17 at 5:42 pm to bmy
quote:
Difference is that a boomer could take that job and be the primary earner with a house and a family at age 25.. an equally qualified millennial that took the same path would be splitting a 1-2 bedroom apartment with a friend and broke AF.
Exactly but Boomers can't do simple math. $12 per hour meams one bring home about $400 before insurance. And of that $1200 a month $700 will go to a car payment and rent. Then they expect people to live off of that.
Posted on 1/13/17 at 5:43 pm to bmy
All this is funny because I read an article the other days saying plants are concerned because their is a labor shortage for turnarounds.
I feel zero sympathy for anyone who had the means and intelligence to get a college degree but can't do anything with it. You can hustle, move towns, switch industries. Can the pity party bullshite. I was making almost 20k a year while waiting tables plus other side gigs AND getting an engineering degree full time. (Early 2000's)
I feel zero sympathy for anyone who had the means and intelligence to get a college degree but can't do anything with it. You can hustle, move towns, switch industries. Can the pity party bullshite. I was making almost 20k a year while waiting tables plus other side gigs AND getting an engineering degree full time. (Early 2000's)
This post was edited on 1/13/17 at 5:44 pm
Posted on 1/13/17 at 5:44 pm to Breesus
quote:
No. It isn't. It plummeted under Obama.
He totes his lower unemployment rate, but what he doesn't tell you is that rate only account for people actively looking for work. There was a massive increase in people who just gave up.
Huh? You're proving my point. The amount of able bodied people of working age is growing faster than job opportunities.
Technology and the efficiency it creates is a net negative for millennial prospects, the most tech savvy generation on the planet. Go figure.
This post was edited on 1/13/17 at 5:50 pm
Posted on 1/13/17 at 5:52 pm to CaptainBrannigan
quote:
Exactly but Boomers can't do simple math. $12 per hour meams one bring home about $400 before insurance. And of that $1200 a month $700 will go to a car payment and rent. Then they expect people to live off of that.
Simple math huh?
Posted on 1/13/17 at 5:54 pm to OldSouth
quote:
Simple math huh?
Lol. Nice catch.
Posted on 1/13/17 at 5:54 pm to bmy
That's the problem, actually. Millennials have little motivation to work for anything. It's a culture of "give me this" and the only reason given is "because."
Posted on 1/13/17 at 5:58 pm to DisplacedBuckeye
quote:
Millennials earn 20% less than Boomers did at same stage of life
My son graduates in May and already has a job that will be a little over 2X what I made at the same age. Then again, he chose a useful degree and has an incredible work ethic.
Posted on 1/13/17 at 5:59 pm to DisplacedBuckeye
quote:
Millennials have little motivation to work for anything.
Incorrect.
Posted on 1/13/17 at 5:59 pm to TbirdSpur2010
quote:
Incorrect
Prove it.
Posted on 1/13/17 at 6:01 pm to VABuckeye
quote:
My son graduates in May and already has a job that will be a little over 2X what I made at the same age. Then again, he chose a useful degree and has an incredible work ethic.
Sweet. My wife and I do better than our parents too, but it is the exception rather than the rule on average.
Posted on 1/13/17 at 6:03 pm to Byron Bojangles III
Anyway of aborting the whole Millennial generation???
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