I don’t
know if you have seen this but the unemployment statistics are worse than awful
among young people aged 16-24. I’m not
talking about the usual drivel about how minority youth can’t find jobs which
is the standard template for a MSM story.
I’m talking about something we have never seen before. Despite the talk of less unemployment, it’s a
bleak story. From a peak employment of
22 million in 2007, the 16-24 age group has slid to 17.5 million today. In fact it hasn’t even made a comeback with
the recovery started in July 2009. So
are all the young people dying off?
Of course not! In fact the 16-24
population is a record. They just aren’t
working. The 55+ workers are. From a
fairly stagnant 16M in 2000 they have risen to 30M today. These are stunning statistics. We have never seen anything like this in our
history. Even the infamous 99% to 56%
drop from 2007 to 2011 college grad employment saw a similar hesitancy to hire
the young in the opening days of the Great Depression. But youth, with it’s
beginner’s wages, eager energy, and new ideas has always made for a workforce
that is desired by the boss.
I don’t think you can conclude that
the young are slackers today. Employers
are loading up on seniors because of supply.
A lot of seniors have paltry retirements and need a supplemental
job. Seniors often come with Medicare
and—I don’t think, based on what I read in Obamacare—will require the purchase
of healthcare by employers that typically amounts to about $5000 per
employee. And they often accept
part-time. Moreover, employers are hunkering down reorganizing to minimize
workers. That often requires more duties
and experienced folks to man the remaining jobs. It’s going to get uglier for a young person to
find a job.
It should be noted that total
employment is 143M which is still down from the peak 144M in 2007. Which is why so many are saying that the BLS
is “cooking the books” to make unemployment look lower. In fact they simply have reclassified vast
numbers of workers as “not looking”. If
you counted all those workers, unemployment would be over 10%. And that 143M counts a part-time job the same
as a full-time job. So lack of work is
still quite bad.
Here’s my advice if you are young
and need a job. 1. Consider moving anywhere. Old workers won’t. Their house is paid
for. A lot of the jobs I have had don’t
matter how smart you are, but can you take the grueling schedule. Sure, you are willing to travel! 2. If
you are in a hot field, that’s great but you need to get some sort of
experience on your resume. When I
was at the university in the 1970’s, things in my field were bleak. Government labs
and NASA were shutting down facilities. Professorships were scarce. We joked about how
we had to wait for someone to die in order to get a job. I kept volunteering for curriculum committees
and oversight committees and keeping a log of all the minimum wage jobs I had
done. You laugh. Employers didn’t. They saw someone who was willing to get his
hands dirty, go the extra mile in his field.
3. If you aren’t in a hot field,
study other industries and dream of how you could help them. A lot of people say, I’ll do anything, but
they haven’t studied the problems of business and can’t carry on an interview
with a potential boss. Here’s the dirty truth.
A lot of people wind up with jobs not at all like what they studied in
school. Don’t worry about it. Just adapt. 4. Take a stop-gap job. Then
when you have to explain that you graduated over a year ago and still don’t
have a career, you say, “yeah, but I can’t stand not having something to
do. And I find it interesting to use my
sociology in sales and marketing.” This
is music to a boss’s ears. 5. If you have the possibility of foreign
study or just an excursion, go for the one that sounds like the most work. “I
hiked the Appalacians” doesn’t compare
well with “I was a volunteer with the Forestry Service.” Better yet, go down
the Chamber office and ask what you can do to volunteer. They may put you on a board or give free
training. 6. Get off the couch and write/blog. There is a need for all sorts
of instructive ditties, but people fail to write about their experiences. I once heard a world-renowned geo-scientist
plead for this. He said there is a need
to write about the “craft of contouring a map”
or “how to load dynamite” in a seismic source and keep safe. Get
published in a professional journal or on a trade website. Even if you are
interviewing for something entirely different, there’s always a need for people
who can document. It will also help you
articulate your skills. (“Being caretaker for my hospiced aunt was somewhat like
working with an unskilled person because you have to be specific in
instructions, but very respectful of the person. You also have to be aware of
drug side effects.”)
These are the kinds of things that
make a young person look wise for their age, able to handle responsibility like
an old hand, and willing to do the dirty work necessary.
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