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  • May 26, 2011 at 8:12 AM #700115
    EconProf
    Participant

    Newly unemployed workers do not want to admit it when they are worth less than what they earned in their previous jobs. It is a blow to their ego, and a failure to recognize that the labor market has changed and this is the new normal. Sadly, they sit in the unemployment pool for months or years holding unrealistic expectations while their work skills and mental and physical condition deteriorates.
    Over-50 job seekers that claim discrimination should realize that employers have many choices available to them. Employers understandably pick younger workers with years of increasing productivity ahead of them instead of years of decreasing productivity. PS: I’m in the latter category.

    May 26, 2011 at 8:22 AM #698940
    sdrealtor
    Participant

    The world definitely shifted about 30 years ago to placing much greater value on a college degree at a minimum and advanced degrees are often the entry card to success. Yes there are and always will be those without out higher education who succeed against the odds. But those cases get fewer and fewer. Even those with college degrees must commit to lifelong education. If you dont, you are not in the game and have to deal with what comes your way.

    The days of going to work for a single employer with a defined benefit retirement plan and working there for 40 years are for the most part gone. The world moves at a very fast pace and you either keep up or get left behind. Those left behind decry the demise of those types of jobs but sadly they are lving in the past in a world that no longer exists.

    May 26, 2011 at 8:22 AM #699766
    sdrealtor
    Participant

    The world definitely shifted about 30 years ago to placing much greater value on a college degree at a minimum and advanced degrees are often the entry card to success. Yes there are and always will be those without out higher education who succeed against the odds. But those cases get fewer and fewer. Even those with college degrees must commit to lifelong education. If you dont, you are not in the game and have to deal with what comes your way.

    The days of going to work for a single employer with a defined benefit retirement plan and working there for 40 years are for the most part gone. The world moves at a very fast pace and you either keep up or get left behind. Those left behind decry the demise of those types of jobs but sadly they are lving in the past in a world that no longer exists.

    May 26, 2011 at 8:22 AM #699620
    sdrealtor
    Participant

    The world definitely shifted about 30 years ago to placing much greater value on a college degree at a minimum and advanced degrees are often the entry card to success. Yes there are and always will be those without out higher education who succeed against the odds. But those cases get fewer and fewer. Even those with college degrees must commit to lifelong education. If you dont, you are not in the game and have to deal with what comes your way.

    The days of going to work for a single employer with a defined benefit retirement plan and working there for 40 years are for the most part gone. The world moves at a very fast pace and you either keep up or get left behind. Those left behind decry the demise of those types of jobs but sadly they are lving in the past in a world that no longer exists.

    May 26, 2011 at 8:22 AM #699034
    sdrealtor
    Participant

    The world definitely shifted about 30 years ago to placing much greater value on a college degree at a minimum and advanced degrees are often the entry card to success. Yes there are and always will be those without out higher education who succeed against the odds. But those cases get fewer and fewer. Even those with college degrees must commit to lifelong education. If you dont, you are not in the game and have to deal with what comes your way.

    The days of going to work for a single employer with a defined benefit retirement plan and working there for 40 years are for the most part gone. The world moves at a very fast pace and you either keep up or get left behind. Those left behind decry the demise of those types of jobs but sadly they are lving in the past in a world that no longer exists.

    May 26, 2011 at 8:22 AM #700120
    sdrealtor
    Participant

    The world definitely shifted about 30 years ago to placing much greater value on a college degree at a minimum and advanced degrees are often the entry card to success. Yes there are and always will be those without out higher education who succeed against the odds. But those cases get fewer and fewer. Even those with college degrees must commit to lifelong education. If you dont, you are not in the game and have to deal with what comes your way.

    The days of going to work for a single employer with a defined benefit retirement plan and working there for 40 years are for the most part gone. The world moves at a very fast pace and you either keep up or get left behind. Those left behind decry the demise of those types of jobs but sadly they are lving in the past in a world that no longer exists.

    May 26, 2011 at 9:17 AM #699066
    EconProf
    Participant

    True, sdr, but it increasingly matters what major one picks when in college, not just whether one has a degree or not. Comparisons of college grad lifetime earnings compared to H.S. grad lifetime earnings are flawed in many ways.
    Entering college freshment need to be informed of these realities before they take on a mountain of debt, and parents have a responsibility to weigh in on these decisions. Some majors–and we can all name them–are pretty useless in finding a job above the barista level.

    May 26, 2011 at 9:17 AM #700152
    EconProf
    Participant

    True, sdr, but it increasingly matters what major one picks when in college, not just whether one has a degree or not. Comparisons of college grad lifetime earnings compared to H.S. grad lifetime earnings are flawed in many ways.
    Entering college freshment need to be informed of these realities before they take on a mountain of debt, and parents have a responsibility to weigh in on these decisions. Some majors–and we can all name them–are pretty useless in finding a job above the barista level.

    May 26, 2011 at 9:17 AM #699799
    EconProf
    Participant

    True, sdr, but it increasingly matters what major one picks when in college, not just whether one has a degree or not. Comparisons of college grad lifetime earnings compared to H.S. grad lifetime earnings are flawed in many ways.
    Entering college freshment need to be informed of these realities before they take on a mountain of debt, and parents have a responsibility to weigh in on these decisions. Some majors–and we can all name them–are pretty useless in finding a job above the barista level.

    May 26, 2011 at 9:17 AM #698972
    EconProf
    Participant

    True, sdr, but it increasingly matters what major one picks when in college, not just whether one has a degree or not. Comparisons of college grad lifetime earnings compared to H.S. grad lifetime earnings are flawed in many ways.
    Entering college freshment need to be informed of these realities before they take on a mountain of debt, and parents have a responsibility to weigh in on these decisions. Some majors–and we can all name them–are pretty useless in finding a job above the barista level.

    May 26, 2011 at 9:17 AM #699653
    EconProf
    Participant

    True, sdr, but it increasingly matters what major one picks when in college, not just whether one has a degree or not. Comparisons of college grad lifetime earnings compared to H.S. grad lifetime earnings are flawed in many ways.
    Entering college freshment need to be informed of these realities before they take on a mountain of debt, and parents have a responsibility to weigh in on these decisions. Some majors–and we can all name them–are pretty useless in finding a job above the barista level.

    May 26, 2011 at 9:34 AM #699076
    pfflyer
    Participant

    I have several kids approaching HS age so am very concerned about how to get them college educated (if really needed) without becoming overly indebted. It is so lame because I could teach them how to run a business better than some professor. However this country still is in love with the degree even though it has become so devalued. Also we talk regularly about which job categories will be growth oriented in the future and which are dying out. A tough time to be a father…

    May 26, 2011 at 9:34 AM #700162
    pfflyer
    Participant

    I have several kids approaching HS age so am very concerned about how to get them college educated (if really needed) without becoming overly indebted. It is so lame because I could teach them how to run a business better than some professor. However this country still is in love with the degree even though it has become so devalued. Also we talk regularly about which job categories will be growth oriented in the future and which are dying out. A tough time to be a father…

    May 26, 2011 at 9:34 AM #699809
    pfflyer
    Participant

    I have several kids approaching HS age so am very concerned about how to get them college educated (if really needed) without becoming overly indebted. It is so lame because I could teach them how to run a business better than some professor. However this country still is in love with the degree even though it has become so devalued. Also we talk regularly about which job categories will be growth oriented in the future and which are dying out. A tough time to be a father…

    May 26, 2011 at 9:34 AM #698983
    pfflyer
    Participant

    I have several kids approaching HS age so am very concerned about how to get them college educated (if really needed) without becoming overly indebted. It is so lame because I could teach them how to run a business better than some professor. However this country still is in love with the degree even though it has become so devalued. Also we talk regularly about which job categories will be growth oriented in the future and which are dying out. A tough time to be a father…

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