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Message

re: There should be little sympathy for college graduates struggling to earn a livable wage

Posted on 9/11/24 at 1:28 pm to
Posted by Odysseus32
Member since Dec 2009
9580 posts
Posted on 9/11/24 at 1:28 pm to
The problem is there are few jobs in these undesirable places unless you know someone.

I live in Cenla. I have a Dallas based remote job that pays over median salary for the area. Eventually I will likely get laid off. That’s that nature of my industry.

I’m not sitting around waiting. I check job postings every week. There are limited accounting jobs here over $50k. The ones that have popped up, I’ve applied to and they didn’t want to match my salary. I’m not going to take a pay cut because I’m scared.

When I get laid off I’ll have to bounce. Housing currently is around $900. That will double at least in any major metro that I’ll be able to find a job.
Posted by deeprig9
Unincorporated Ozora
Member since Sep 2012
72627 posts
Posted on 9/11/24 at 1:30 pm to
quote:

I'm telling you, as a recent college graduate, that we are struggling. It's not a meme, it's not cause I have a gender studies degree, it's not cause I'm not trying hard enough!


You are advocating that I just sling hamburgers for $15 an hour and I'll just magically find a job that pays above $20/hr. When in reality, 60k a year or $30/hr doesn't even come close to affording anything in today's market.

It's not about a livable wage. It's about lies being sold to generations that you raised. It's about how if I don't get a degree, I have to do a trade. Which by the same, has the same fricking problem right now. Underpaid skilled workers and green card holders taking jobs from the population inside.


Recent college grads are SUPPOSED to struggle. You don't get your degree then just walk into a $200k job and buy a $500k house (some degrees maybe). You start entry level and work your way up for YEARS. That's not a new condition. That's how it's always worked. That's not unique to your age group.

Also, the green carders aren't taking the skilled labor jobs, yet. But they will, if Americans continue to turn their nose up and the employers can't keep up with demand. Green carders will do the grunt work and be happy with it, but something like welding, or cabling techs/fiber optics combined with some people skills can still destroy the average new college grad right now in pay. And little to no debt, many of these skills can be learned on the job. And all of them are hiring.

I myself got a major in something relatively useless, and after a few years, turned to a trade. I worked my way up through that trade and married well, and doing quite well.

The first thing you need to do is stop the woe is me crap, stop blaming baby boomers. It's globalism and technology that, inch by inch, that is constantly changing our economic landscape. Are boomers complicit? Everyone is, really.

Good luck out there, son.
Posted by Odysseus32
Member since Dec 2009
9580 posts
Posted on 9/11/24 at 1:42 pm to
What an unbelievably out of touch response.

Nobody is expecting a 200k job out of college. We are expecting the same purchasing power as some 30 years ago.

Are we fools to expect it? Maybe. But I’d suspect some people might call those who fought for labor rights a century ago fools as well.

You have your opinion. I’ll have mine. We can see who wins.
Posted by swamptiger99
Member since Aug 2024
373 posts
Posted on 9/11/24 at 1:51 pm to
quote:

You start entry level



What entry-level jobs? No one is hiring
Posted by wackatimesthree
Member since Oct 2019
10153 posts
Posted on 9/11/24 at 2:48 pm to
quote:


The cost of basic goods is higher now compared to wage than ever.

There is absolutely nothing misleading about that. For someone that wants to just live on the necessities it cost more of their salary today then it did before.


Today, maybe, because of Bidenomics, but if you look at five year trends it's really not.

Even houses aren't as far apart as people claim when you consider two things:

1. Houses now are 40% larger on average than they were in 1980

and

2. Interest rates drove monthly mortgage payments up at certain times in the past—sometimes even beyond what they are now

Again, considering a five year window, food it roughly the same as it was in, say 1970, because production techniques and technology have made it so much more efficient to produce. Electronics are cheaper, especially t.v.s

Cars are more expensive now, but they also last 2-3 times longer than they did back then.

When you consider all of those hidden elements it's really about a wash.

College is way more expensive now in real dollars no matter how you slice it. That's an exception.
Posted by wackatimesthree
Member since Oct 2019
10153 posts
Posted on 9/11/24 at 2:51 pm to
quote:

We are expecting the same purchasing power as some 30 years ago.


You pretty much have that, as I posted above, but let's say you didn't.

Why would you expect that?

Economies wax and wane. Why would you expect that your economic situation would look like it did for people your age 30 years ago?

Why would you feel entitled to that?
Posted by NYNolaguy1
Member since May 2011
21689 posts
Posted on 9/11/24 at 3:03 pm to
quote:

Houses now are 40% larger on average than they were in 1980


This is not quite the point you think it is. What % of these 40% larger houses make up the total market?

Sure new construction homes may be bigger but it's not like every home before it suddenly disappeared from the market. Houses built in the 80s are still on the market and still cost much higher as a proportion of the average salary than it did in the 80s. It sounds like you're taking the fact that houses are bigger now than in the past and extrapolating that across the entire market as if that's all that exists. New construction homes will always be a smaller % than older homes.
Posted by Bjorn Cyborg
Member since Sep 2016
33770 posts
Posted on 9/11/24 at 3:07 pm to
quote:

I'm telling you, as a recent college graduate, that we are struggling. It's not a meme, it's not cause I have a gender studies degree, it's not cause I'm not trying hard enough!


You are advocating that I just sling hamburgers for $15 an hour and I'll just magically find a job that pays above $20/hr. When in reality, 60k a year or $30/hr doesn't even come close to affording anything in today's market.

It's not about a livable wage. It's about lies being sold to generations that you raised. It's about how if I don't get a degree, I have to do a trade. Which by the same, has the same fricking problem right now. Underpaid skilled workers and green card holders taking jobs from the population inside.


My kids are about your age and I probably know 30 recent college graduates and every single one of them got a job right out of college.

Also, it's not supposed to be easy. Get a shitty job. Work your way up. Live with roommates. Work two jobs. Outwork your competition. Do whatever you have to do.
Posted by dewster
Chicago
Member since Aug 2006
26336 posts
Posted on 9/11/24 at 3:11 pm to
quote:

Unless we want to live in ghettos or rural, we can't afford a house.


If there was some real law enforcement in those “ghettos”….they’d be an amazing value to younger buyers. You’d see neighborhoods transition for the better in many American cities.

But we can’t figure out how to keep them safe. And it’s not worth the risk to younger people in most cases.
Posted by Bjorn Cyborg
Member since Sep 2016
33770 posts
Posted on 9/11/24 at 3:16 pm to
quote:

If there was some real law enforcement in those “ghettos”….they’d be an amazing value to younger buyers.


Crime isn't discussed enough as a driver of increased property values. The supply of "livable" houses decreases because so many areas are unlivable, which drives up prices.
Posted by Stumpknocker
SWLA
Member since Mar 2021
779 posts
Posted on 9/11/24 at 3:22 pm to
What happened to no college grad left behind?
Posted by ticklechain
Forgotten coast
Member since Mar 2018
826 posts
Posted on 9/11/24 at 3:26 pm to
quote:

We are expecting the same purchasing power as some 30 years ago


No on where on earth has the purchasing power of 30 years ago. And it isnt a new phenomenon. As time wears on money has always become less and less to the peasant
Posted by Bjorn Cyborg
Member since Sep 2016
33770 posts
Posted on 9/11/24 at 3:32 pm to
quote:

Are we fools to expect it? Maybe. But I’d suspect some people might call those who fought for labor rights a century ago fools as well.


You admit to making over the median income for your area, and work from home, and are portraying yourself as some kind of martyr fighting for labor rights?

L O fricking L
Posted by Bjorn Cyborg
Member since Sep 2016
33770 posts
Posted on 9/11/24 at 3:35 pm to
quote:

What entry-level jobs? No one is hiring


Everyone is hiring. Companies are ALWAYS hiring.

They may not be hiring you, but they are hiring.

You said you have applied for 500 jobs. You think those companies are running those ads for fun? You think they don't hire people?
Posted by CaptSpaulding
Member since Feb 2012
6944 posts
Posted on 9/11/24 at 3:44 pm to
You may not want to hear this, but a lot of those “cheaters” are actually going to do just fine. The ones who believe too much in the system and think “if I follow every rule I’ll get everything I deserve” are the ones who are actually in for a rude awakening when they compete against someone who is much less deserving but knows how to find an edge.
Posted by swamptiger99
Member since Aug 2024
373 posts
Posted on 9/11/24 at 3:46 pm to
quote:

You said you have applied for 500 jobs. You think those companies are running those ads for fun? You think they don't hire people?


I've applied to 4800 jobs in the past year. No, I don't think they are hiring people.
Posted by Odysseus32
Member since Dec 2009
9580 posts
Posted on 9/11/24 at 3:48 pm to
I don’t think you understand what purchasing power is. Unless you’re saying consolidation of wealth is inevitable, which is incorrect.
Posted by Bjorn Cyborg
Member since Sep 2016
33770 posts
Posted on 9/11/24 at 3:50 pm to
quote:

You may not want to hear this, but a lot of those “cheaters” are actually going to do just fine.


Yea. The people who are cheating on their core subjects and aren't learning anything won't be. The engineering student getting Chat GPT to write a paper in some BS elective will be fine, which is most of what's going on.

Posted by RoscoeSanCarlos
Member since Oct 2017
1972 posts
Posted on 9/11/24 at 3:54 pm to
Nah. Y’all are fricking idiots - I have 2 Gen Z sons and know what I’m talking about. Gen X is honest and will tell you to quit bitching, make some sacrifices, work hard, and make good decisions.
Posted by McGregor
Member since Feb 2011
6643 posts
Posted on 9/11/24 at 3:55 pm to
my friends kids are graduating college without having ever worked at all. That seems to be an issue to me but hey, what do I know? Tough to understand hard work without ever having to do it.

I don't get it.
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