A good jobs report? Sure, if one is 55 and over. In December the American jobs gerontocracy continued its relentless course, and as the two charts below summarize since Obama's first term, some 2.7 million jobs in the 16-55 year old category have been lost. The "offset": 4 million jobs for Americans between 55 and 69. For all those young people graduating from college (with $150,000 in student loans) who are unable to get a job, here is our advice: tell your parents, and grandparents, to retire already. Oh wait, they can't because Bernanke destroyed their savings. Oops - better luck next time.
Job "gains" for all Americans 54 and younger vs those 55 and older:
And the same broken down by segment:
Source: BLS
I’m laughing at your description of the Graphic Arts guy. A friend of mine hired a fresh out of college gal - also in Graphic Arts. All she did was complain that her cubicle wasn’t as large as others’ and she whined about everything. She didn’t last long enough to find out she was NOT getting a raise when she got her first review. My friend said she would never ever hire one of those kids fresh out of school. Let somebody else break them in or wash them out.
A friend of mine hired a fresh out of college gal - also in Graphic Arts. All she did was complain that her cubicle wasn’t as large as others’ and she whined about everything.I'd have told her, her cube is smaller not because of seniority, not because of talent -- but because she is a GIRL.
Then I would have playfully slapped her ass, and stood transfixed as it stayed in motion for hours.
“With all due respect, you might want to reconsider making the age of 40 years your cutoff point.”
Never said 40. I don’t know where this number came from. 35 and older is who I would consider possibly mature enough for higher management duties. There are some exceptions, but rare.
