Job Prospects in the Recession
Mon 21 Dec 2009 – 9.33
The very excellent BBC Business Daily podcast has tackled the sensitive subject of job-hunting during the recession. While clearly it sucks, there are some subtitles in play. According to the program, workers who are hired during a recession are often hired in lesser roles, for lesser pay, and then have a harder time throughout the length of their careers. A scary sentence indeed.
Yale economist Lisa Kahn remarks on one point with which I strongly disagree: that a graduate degree strongly improves your likelihood of finding a job. While the theory has been sound for generations, the practice observed by peers and colleagues (and by myself) is that the extra degree doesn’t matter for shit. In many cases a graduate degree is viewed simply as another line on a resume — easily skipped.
I write this now from behind the desk of an office where I am consulting. In many ways, I have found a job, but as the podcast reiterates, most of the hires in the last 18 months have been temporary, conditional, freelance, or otherwise non-permanent.
This all comes through the lens of my bourgeois middle-class existence. There are folks out there who literally can’t afford to look for work. The transportation, dry cleaning, printing, etc. are too expensive. And what about those factory and farm workers who are out of work. Unless there’s another factory or farm, their prospects look bleak.
So as I sit here on Madison Ave., dressed in a crisp shirt and tie, I wonder, how has your job-hunt been going? Are you out of the woods yet? I’m getting there.
•• Check out the episode entitled “Your future job prospects? 21 Dec 09″ »
posted by Scott in careers,education,personal finance.
Fri 18 Dec 2009 – 14.27
Why am I only finding out about this now? There’s an entire website devoted to tracking bloggers in their twenties. I imagine the site lets us all be social, as we’re generally a talkative bunch. And by talkative, I mean horny.
20 Something Bloggers — the bloggers with the most to say »
I’m gonna go poke around and see who I can discover. And yes, I’ll probably try to get some of them on the ‘cast.
posted by Scott in life,this website.
Graduate Student Lives in a Van
Tue 08 Dec 2009 – 15.31
Well, the headline kind of says it all. Today I uncovered the story of a Duke graduate student who, in an effort to save money and avoid debt, lived in his van while he attended classes.
If it weren’t an English major writing, I surely would not have read. Here’s a taste.
The idea of “thrift,” once an American ideal, now seems almost quaint to many college students, particularly those at elite schools. The typical student today is not so frugal. Few know where the money they’re spending is coming from and even fewer know how deep they’re in debt. They’re detached from the source of their money. That’s because there is no source. They’re getting paid by their future selves.
posted by Scott in education,health & fitness,personal finance.
The Multigenerational Workplace
Mon 07 Dec 2009 – 12.50
At Thanksgiving yesterweek, we got to discussing the bizarreness of work. At the table were seated no fewer than three family members who are, you might say, less-than-gainfully employed. My laid-off aunt and uncle have both reinvented themselves recently, and I, of course, have been mucking through the freelance world for far too long.
But the topic soon shifted from job seeking to job doing. As the youngest person at the table, the conversation became and odd referendum on my entire generation — and theirs. We concluded what many business writers are already saying: managing the multigenerational office is going to be an immense challenge for businesses in the 21st century.
To an extent, workplaces have always been multigenerational. Apprentices and Masters usually slotted into the age groups of sons and fathers, respectively, and the entry-level workers have often been remarked for their freshness compared to the veterans. “Do you even shave?” and that sort of thing. But in decades past, one’s working life was generally considered to be a single generation in magnitude — 30 years or so — and one would look to retire around 50, 55, 60, maybe 65 if they love what they do. However, the Baby Boomers put an end to that, and as more Boomers pass 60, they have no plans to retire. Instead, their children are joining them at work, not as novelty guests, but as co-workers.
posted by Scott in careers,life.