If You're Young, The Job Outlook Is Grim No Matter Where You Live
121 replies, posted
[url]http://www.bloomberg.com/news/articles/2015-10-13/if-you-re-young-the-job-outlook-is-grim-no-matter-where-you-live[/url]
[QUOTE]The World Bank has an unsettling message for young people around the globe: Whether you're male or female, live in Tunisia or the U.S., you will struggle to find a job.
Across regions and continents, people 15 to 29 years old are at least twice as likely as adults to be unemployed. The world will have to create 600 million jobs over the next 10 years, or 5 million a month, just to prevent the situation from getting worse, the Washington-based lender said in a report it released Tuesday with coalition partners such as the International Labor Organization.
The youngest workers have been hit hardest by the financial crisis and the global recession of the last decade because they often held the temporary jobs, which offer less protection. The youth unemployment rate is projected to be 13.1 percent in 2015, compared with 4.5 percent for adults, according to the ILO.
Global employers are looking not only for technical and academic skills, but also such qualities as being open, responsible or organized, according to the 155-page analysis titled "Toward Solutions for Youth Employment." Young workers are often either overqualified or underqualified for their jobs, it said.
"In emerging economies that are progressively more service-based, employers find a workforce population that lacks necessary skills," the report said. "Elsewhere, the problem is that many of the unemployed are highly educated but the market demands different competencies or more technical or vocational skills."
At stake is the well-being of the entire global economy. Without an income, millions of young people slump into poverty. By delaying their entry into the workforce or accepting low-paying jobs, many limit their lifetime earning potential. When young people don't work, governments don't get the tax revenue and businesses fail to gain customers.
"Social costs are ever mounting as well," the report said, citing youth-led uprisings in many Arab countries and the rise of economic insurgency and youth extremism. "What we see is a generation in economic crisis."[/QUOTE]
Well that's certainly encouraging.
I disagree with this. I'm 28 now, I work in IT. Finding jobs has never been difficult since I started in the industry ~8 years ago.
[QUOTE=agentfazexx;48900491]I disagree with this. I'm 28 now, I work in IT. Finding jobs has never been difficult since I started in the industry ~8 years ago.[/QUOTE]
IT is a very growing business along with the fact that it is a pretty young business at that.
Of course there is going to be alot of jobs in such a field. This doesn't hold true for other sectors even more with the growing automation.
[QUOTE=agentfazexx;48900491]I disagree with this. I'm 28 now, I work in IT. Finding jobs has never been difficult since I started in the industry ~8 years ago.[/QUOTE]
You're at the tail end of the age group in a highly competitive industry with almost a decade of relevant experience in a country where your chosen profession is always in demand everywhere you go.
Congrats on your success, but you're an anecdote.
[QUOTE=agentfazexx;48900491]I disagree with this. I'm 28 now, I work in IT. Finding jobs has never been difficult since I started in the industry ~8 years ago.[/QUOTE]
Tried to find any kind of IT-Related job a year back. Was impossible. I always got turned down due to my age/lack of job experience. Which is a vicious cycle no? So now I'm back in education, feeling like I'm wasting my time, just so I can be SUPER-OVER-MEGA Qualified for the jobs I wanted to begin with.
[QUOTE=agentfazexx;48900491]I disagree with this. I'm 28 now, I work in IT. Finding jobs has never been difficult since I started in the industry ~8 years ago.[/QUOTE]
Congratulations, but a handful of instances does not a pattern make.
[QUOTE=agentfazexx;48900491]I disagree with this. I'm 28 now, I work in IT. Finding jobs has never been difficult since I started in the industry ~8 years ago.[/QUOTE]
I hope you realize that having 8 years of industry experience in your field at 28 is the exception and not the rule.
[QUOTE=Corewarp3;48900514]Tried to find any kind of IT-Related job a year back. Was impossible. I always got turned down due to my age/lack of job experience. Which is a vicious cycle no? So now I'm back in education, feeling like I'm wasting my time, just so I can be SUPER-OVER-MEGA Qualified for the jobs I wanted to begin with.[/QUOTE]
Look for graduate roles or internships?
Also is it possible that many young people don't bother investing time into their qualification? (Many of my friends and people I know took "a year break" after finishing school, after year they try to go and find job and barely even think about education).
"Finish 12 years of school and then you are adult and you can make your own decisions, maybe you should go into 4-6 more years of study" - That sounds terrifying for many, it seems many want everything without putting much effort into it.
[QUOTE=Corewarp3;48900514]Tried to find any kind of IT-Related job a year back. Was impossible. I always got turned down due to my age/lack of job experience. Which is a vicious cycle no? So now I'm back in education, feeling like I'm wasting my time, just so I can be SUPER-OVER-MEGA Qualified for the jobs I wanted to begin with.[/QUOTE]
I've seen a lot of people do this. Get a good education so you're basically overqualified, and then start climbing the ladder.
[QUOTE=Corewarp3;48900514]Tried to find any kind of IT-Related job a year back. Was impossible. I always got turned down due to my age/lack of job experience. Which is a vicious cycle no? So now I'm back in education, feeling like I'm wasting my time, just so I can be SUPER-OVER-MEGA Qualified for the jobs I wanted to begin with.[/QUOTE]
Make sure you get a good relevant degree, get an internship and then you're set. That's what I did.
[QUOTE=Corewarp3;48900514]Tried to find any kind of IT-Related job a year back. Was impossible. I always got turned down due to my age/lack of job experience. Which is a vicious cycle no? So now I'm back in education, feeling like I'm wasting my time, just so I can be SUPER-OVER-MEGA Qualified for the jobs I wanted to begin with.[/QUOTE]
You have to start in some shit job. I started with 12 hour long overnight shifts at a colo web hosting company. Went to some federal jobs after that, and so on and so on.
[editline]14th October 2015[/editline]
[QUOTE=Duskin;48900537]Make sure you get a good relevant degree, get an internship and then you're set. That's what I did.[/QUOTE]
You don't [I]need[/I] a degree really unless you want to get into management. I have no degree and I did fine.
Worst case scenario, if you can't find an IT job, you can start your own business which by default has a high chance of relative success.
[QUOTE=itisjuly;48900547]Worst case scenario, if you can't find an IT job, you can start your own business which by default has a[B] high chance of relative success[/B].[/QUOTE]
Sure, if you know what you're doing.
[QUOTE=agentfazexx;48900491]I disagree with this. I'm 28 now, I work in IT. Finding jobs has never been difficult since I started in the industry ~8 years ago.[/QUOTE]
I think that's something that's unique to IT/CS workers and graduates. I have about half a year left of my 5-year CS&E studies, and I've been handed several job offers. I'm actually already working on a project with promise of employment once I finish.
I think there's a general need for engineers in Sweden no matter the field. Can't speak for other sectors though and other countries.
I made the deliberate choice to study CS because I knew that college is not a time for fucking around and studying something that won't result in a job. Turns out I love CS but the decision was primarily for money.
[QUOTE=agentfazexx;48900491]I disagree with this. I'm 28 now, I work in IT. Finding jobs has never been difficult since I started in the industry ~8 years ago.[/QUOTE]
Your personal anecdote is irrelevant.
Speaking only about IT again in Europe.
Expected shortage is 825000(!) ICT workers by 2020. So yea, IT jobs are pretty safe for now.
[url]https://ec.europa.eu/digital-agenda/en/grand-coalition-digital-jobs-0[/url]
[QUOTE]As a result, there could be up to[B] 825,000 unfilled vacancies for ICT [/B](Information and Communications technology) professionals by 2020.[/QUOTE]
In college as a full time student as TCAT Athens and the placement rate is around 90%.
IT is the way to go boys, best thing since sliced bread.
[QUOTE=agentfazexx;48900491]I disagree with this. I'm 28 now, I work in IT. Finding jobs has never been difficult since I started in the industry ~8 years ago.[/QUOTE]
IT is probably good for the next decade but the problem is the technology changes rapidly and the work field is facing pressure from the top to reduce costs, reduce labor, and increase productivity, so appart from being a young field, its going to go the way everything else has gone eventually
[QUOTE=agentfazexx;48900552]Sure, if you know what you're doing.[/QUOTE]
If you got a degree, you surely know what you're doing I hope.
[QUOTE=itisjuly;48900608]If you got a degree, you surely know what you're doing I hope.[/QUOTE]
afaik there is difference between knowing how to do something and knowing how to run something?
[QUOTE=Teddybeer;48900689]I'm probably going to end up working in retail because just picking up the phone at a helpesk requires University[/QUOTE]
This is an exaggeration, but you've nailed the problem with one sentence.
Business has become incredibly atomized as everything has increased in scale. This is what baby boomers don't get when they give young people the tired "just give them a firm handshake and look them straight in the eye!!" trope - that actually worked in their generation, that's not the case almost ever anymore.
Now everything is filtered through a HR department, or worse, outsourced to an employment agency, where they justify their existence by scouring resumes for the most over-qualified applicant possible, in the most ridiculous of contexts. Compounding the problem is many jobs for some reason WANT the most over-qualified applicants, because no one wants to train employees anymore - this makes sense in certain sectors where the work is incredibly sensitive or complex, but its reached a point of ridiculousness where relatively simple jobs that can be learned in a matter of weeks, are now requiring years of experience from applicants, who can't get it, and so the cycle begins.
Trades are about the only safe thing right now.
Bleak as hell for those not in a STEM field, especially.
Also internships are not always an option when you need to keep yourself sustained and like 90% of internships are unpaid. Balancing school and work is hard enough without throwing in something that is all work and no reward besides "experience" that you're not even sure will pay off, down the road.
I've been unemployed for like 3 months, and even with 4 years professional experience I have been denied 3 or 4 jobs. I'm going to have to take a shit job until things get better, and I'm barely able to afford my rent with freelance.
If you look at the employment statistics for subjects other than Maths, Physics, Chemistry and Engineering (including CS) 25%+ of graduates end up in retail/catering in the UK. Luckily I want to do Electronic Engineering but a lot of other people are a bit screwed.
[QUOTE=dilzinyomouth;48900734]This is an exaggeration, but you've nailed the problem with one sentence.
Business has become incredibly atomized as everything has increased in scale. This is what baby boomers don't get when they give young people the tired "just give them a firm handshake and look them straight in the eye!!" trope - that actually worked in their generation, that's not the case almost ever anymore.
Now everything is filtered through a HR department, or worse, outsourced to an employment agency, where they justify their existence by scouring resumes for the most over-qualified applicant possible, in the most ridiculous of contexts. Compounding the problem is many jobs for some reason WANT the most over-qualified applicants, because no one wants to train employees anymore - this makes sense in certain sectors where the work is incredibly sensitive or complex, but its reached a point of ridiculousness where relatively simple jobs that can be learned in a matter of weeks, are now requiring years of experience from applicants, who can't get it, and so the cycle begins.
Trades are about the only safe thing right now.[/QUOTE]
This is basically it. I managed to become a manager at an auto parts store, only because I grew up with cars. Thing is, I was kinda rushed into the position and haven't got any training for it. I've basically been told "go do this" without being shown, and then I get in trouble for fucking up. Like, what did you expect, you haven't fucking trained me.
And this job is way, way more stressful than it has any right to be. It's just fucking retail ffs.
Being young and hunting for a job fucking blows. You'll either end up like me, stuck in a rut with no other skills, or over qualified for most anything yet can't get a job.
[QUOTE=agentfazexx;48900491]I disagree with this. I'm 28 now, I work in IT. Finding jobs has never been difficult since I started in the industry ~8 years ago.[/QUOTE]
throw out the research you did guys because agentfazexx has a job, therefore it's completely wrong!
I'm really lucky that at 23 I recently (Last year) got a full-time job in IT (Onsite support for a 180+ strong company), I didn't have any kind of industry experience and they still hired me (Enthusiasm for the job seemed to be a key factor). They provide me with life assurance, pension and even provide a cooked lunch every day for all the staff at out London office.
I got really lucky with this job but I can imagine that others with more experience than me are having a real hard time.
[QUOTE=J!NX;48900845]throw out the research you did guys because agentfazexx has a job, therefore it's completely wrong![/QUOTE]
Rev up those sick sensationalist headline zingers, someone dared to post something wrong, it's my Facepunch duty to call them out on it!
Sorry, you need to Log In to post a reply to this thread.