Gen Z is coming into the workforce and — in the grand tradition of what Millennials cringe-ily called “adulting” — they’re complaining about how much easier older generations have had it financially.
For me, a better analogy is pyrite (commonly known as fool’s gold).
It appears to be gold, but is in fact cheap iron sulphide. It is sometimes found in association with small amounts of gold, similar to some of those people that tend to come out of the woodwork when we complain about shitty work conditions, saying, “well I have a nice paying job”.
Because ultimately college / studies are mostly worthless and only prove you are a “hardworker” since an inconsistent person wouldn’t have a degree. All you actually learn, you learn at work and every company does stuff differently. So you get an “entry” position in a company that’s not willing to teach you and would rather just use you as a coffee maker
An important point is that it’s only a head start. Once you are actually working and have experience the degree doesn’t matter unless it’s required by the company or for government jobs. Plenty of people without degrees do very well for themselves. They don’t accept that working as a barista or at a gas station is a career and seek out other options.
What the fuck is a golden job market. Because what I’m seeing in my area is jobs paying below market average and requiring experience and qualifications way above entry level, for entry level jobs. Then nothing in between, jumping up to higher ranked administrative jobs that again, have ridiculous experience requirements
So this is an editorial with some data cited so I will attack it on those merits.
The job market is largely a dog and pony show. Companies have all the power in the world when it comes to good jobs. The “golden job market” is for low paying jobs that suck to do. Rates need to go up full stop.
They are correct in housing being a huge issue for both Z and Millennials. It missed the shot however for failing to identify corporate inclusion into the housing market driving up costs. Not to mention the parasite class known as landlords which has been a problem since the era of Lords and Serfs.
The inflation argument is a misdirection. Look at corporate profits. The capital class is literally bleeding the worker class dry, while also lowering the quality of service/products.
I could go on but I encourage others to actually read the article and form your own opinions. CNN isn’t as biased as Fox or MSNBC but they ultimately put a liberal (as in liberal markets) spin on the news they choose to report.
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Ok where is the market golden at? Its corroded aluminum where i am
For me, a better analogy is pyrite (commonly known as fool’s gold).
It appears to be gold, but is in fact cheap iron sulphide. It is sometimes found in association with small amounts of gold, similar to some of those people that tend to come out of the woodwork when we complain about shitty work conditions, saying, “well I have a nice paying job”.
I’m convinced America’s gilded age never ended.
Even if it did, it’s back, baby!
Lmao
Delusional
Me: graduates with 35k in debt, making 14/hr
CNN: Why don’t you buy a house!?
Why are you only making 14 an hour with a college degree?
Ask employers
Because ultimately college / studies are mostly worthless and only prove you are a “hardworker” since an inconsistent person wouldn’t have a degree. All you actually learn, you learn at work and every company does stuff differently. So you get an “entry” position in a company that’s not willing to teach you and would rather just use you as a coffee maker
An important point is that it’s only a head start. Once you are actually working and have experience the degree doesn’t matter unless it’s required by the company or for government jobs. Plenty of people without degrees do very well for themselves. They don’t accept that working as a barista or at a gas station is a career and seek out other options.
What the fuck is a golden job market. Because what I’m seeing in my area is jobs paying below market average and requiring experience and qualifications way above entry level, for entry level jobs. Then nothing in between, jumping up to higher ranked administrative jobs that again, have ridiculous experience requirements
To get a job you have to have a Willy Wonka golden ticket
So this is an editorial with some data cited so I will attack it on those merits.
The job market is largely a dog and pony show. Companies have all the power in the world when it comes to good jobs. The “golden job market” is for low paying jobs that suck to do. Rates need to go up full stop.
They are correct in housing being a huge issue for both Z and Millennials. It missed the shot however for failing to identify corporate inclusion into the housing market driving up costs. Not to mention the parasite class known as landlords which has been a problem since the era of Lords and Serfs.
The inflation argument is a misdirection. Look at corporate profits. The capital class is literally bleeding the worker class dry, while also lowering the quality of service/products.
I could go on but I encourage others to actually read the article and form your own opinions. CNN isn’t as biased as Fox or MSNBC but they ultimately put a liberal (as in liberal markets) spin on the news they choose to report.
Also that housing is now an investment commodity, like stocks.
Why would anyone sell if they can just hold onto it and basically get free money, with maybe a bit of rent on the side?
Or just using it to store money safely in something that reliably appreciates.
CNN is run by champaigne liberals who have no idea how regular people live