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I feel for those who are about to graduate college
Posted on 4/7/20 at 8:56 am
Posted on 4/7/20 at 8:56 am
They are going to be screwed. I graduated right after 9/11 and the job market was horrendous. I served tables, sold telephone lines and other crap jobs just to hold me over until I could find something decent.
The amount of people that will be looking for jobs when this all comes around will be insane. Applying for jobs when you have no experience is already hard let alone having hundreds/thousands of resumes on top of yours.
I do find it interesting that these are the same people that went to spring break not realizing they were actually driving the hardship of their future.
The amount of people that will be looking for jobs when this all comes around will be insane. Applying for jobs when you have no experience is already hard let alone having hundreds/thousands of resumes on top of yours.
I do find it interesting that these are the same people that went to spring break not realizing they were actually driving the hardship of their future.
9
Posted on 4/7/20 at 8:57 am to flyAU
The job market is going to suck for sure.
Posted on 4/7/20 at 8:59 am to flyAU
quote:
They are going to be screwed.
They will be. Those with worthless degrees will be screwed even more so.
I think you will see some companies moving toward a younger, healthier, work force that is capable of remote work. So, the cream will probably not find it too terribly difficult...
Posted on 4/7/20 at 9:00 am to musick
Brings back unpleasant memories.
Like the friend I had whose plum job she had lined up went away overnight about 5 months before graduation.
She had interned at Arthur Anderson and was offered a job upon graduation before Enron hit.
She eventually landed safely at the company where AA had stationed her during her internship but it had to suck to get what was seen as one of the better jobs coming out of school go up in smoke in front of her.
Like the friend I had whose plum job she had lined up went away overnight about 5 months before graduation.
She had interned at Arthur Anderson and was offered a job upon graduation before Enron hit.
She eventually landed safely at the company where AA had stationed her during her internship but it had to suck to get what was seen as one of the better jobs coming out of school go up in smoke in front of her.
Posted on 4/7/20 at 9:01 am to flyAU
And the Bernie bros will grow...and AOC will continue to gain more voters.
The more Americans out of work or underemployed and in debt, the more our voter base will give socialism a look.
The more Americans out of work or underemployed and in debt, the more our voter base will give socialism a look.
This post was edited on 4/7/20 at 9:03 am
Posted on 4/7/20 at 9:01 am to flyAU
quote:
They are going to be screwed
They won't if they have a STEM Degree
Posted on 4/7/20 at 9:02 am to flyAU
quote:
I served tables, sold telephone lines and other crap jobs just to hold me over until I could find something decent.
So you did what you had to do during tough times? That was a huge benefit to you in a way and something you can use to sell yourself. Perseverance
Posted on 4/7/20 at 9:03 am to flyAU
Conversely, in a tough economy as companies try to recover from this, they may be more inclined to bring in a cheaper option to their aging & more experienced workforce.
Posted on 4/7/20 at 9:05 am to Weekend Warrior79
Companies doing that tend to be penny smart and pound foolish.
One worker may be more expensive but is a lot more productive than a few new hires who may or may not work out.
One worker may be more expensive but is a lot more productive than a few new hires who may or may not work out.
Posted on 4/7/20 at 9:07 am to flyAU
Add to the fact that they just missed the deadline to apply for graduate programs, and you’ve really got a shite situation. At least the folks graduating after 9/11 and during the Great Recession both knew the state of the economy far enough in advance that pursuing a grad degree while the opportunity cost was low was an option. With this thing coming out of nowhere, that’s probably not even an option at this point, meaning a lot of folks will be getting hung out to dry.
I suppose maybe the one upside in their favor is that as more and more firms make this transition to remote working permanent, it may open up labor markets to folks that they did not previously have access too. Though it could also just bring more worker competition with it as well, so it’ll be interesting to see whether that move ends up being a net gain or loss for workers.
I suppose maybe the one upside in their favor is that as more and more firms make this transition to remote working permanent, it may open up labor markets to folks that they did not previously have access too. Though it could also just bring more worker competition with it as well, so it’ll be interesting to see whether that move ends up being a net gain or loss for workers.
Posted on 4/7/20 at 9:09 am to OchoDedos
Tell that to petroleum engineers
Posted on 4/7/20 at 9:09 am to funnystuff
Most graduate programs are extending deadlines and dropping testing requirements. I know that we are seeing a surge of graduate school applications.
Posted on 4/7/20 at 9:10 am to teke184
quote:
One worker may be more expensive but is a lot more productive than a few new hires who may or may not work out.
I wonder if the government is going to offer some type of "retirement incentive" to companies that can be used to encourage an aging work force to retire? Really would not surprise me but given the market downturn, have to assume many might not can at this point...
Posted on 4/7/20 at 9:11 am to anc
Didn’t know that; that’s good news. I had remembered all of my applications being due by January back when I went through it, so I’m surprised they were able to move the deadlines back this far.
Great news though, glad to hear that these options will at least be available
Great news though, glad to hear that these options will at least be available
Posted on 4/7/20 at 9:12 am to The Maj
That kind of thing tends to be counter-productive in my experience.
People who are good take the incentive then get a new job so they can draw two paychecks.
People who are bad don’t want to take a pay cut for doing as little as they do on the clock.
People who are good take the incentive then get a new job so they can draw two paychecks.
People who are bad don’t want to take a pay cut for doing as little as they do on the clock.
Posted on 4/7/20 at 9:12 am to Weekend Warrior79
The Air Force and the Navy are always in need of qualified Officer Candidates to fill the ranks of Engineering, IT, Cyber, and Finance. The committment is usually 4 years for these type of jobs, and in an uncertain world it's a great fall back option. I would stay away from the Army and Corps, the needs of those services always supersedes anything else.
Posted on 4/7/20 at 9:13 am to flyAU
The kids getting degrees in journalism, music, theater and art won't notice any difference.
Posted on 4/7/20 at 9:15 am to teke184
quote:
That kind of thing tends to be counter-productive in my experience.
I agree
quote:
People who are good take the incentive then get a new job so they can draw two paychecks.
Probably but they are also probably the ones more suited for early retirement as well... Guess the knife cuts both ways...
quote:
People who are bad don’t want to take a pay cut for doing as little as they do on the clock.
True but I imagine most companies will be evaluating their work force as a whole through this. May be some cuts made regardless of any safety net available.
Also, not saying I support it, just saying it won't surprise me...
Posted on 4/7/20 at 9:16 am to Zach
quote:
The kids getting degrees in journalism, music, theater and art won't notice any difference.
Ouch!
Quick, let's forgive their loans!
Posted on 4/7/20 at 9:17 am to OchoDedos
quote:
They won't if they have a STEM Degree
Such an understated valid point.
Get a degree in a needed field and you can demand a salary you want.
The rest can always join the military.
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