I don’t remember the financial security described here.
Pretty sure I joined the Marine Corps at seventeen and the military didn’t even pretend to pay what civilian life pays.
In fact, they wanted you to serve a term or two and get out, so that you could be part of a trained cadre they could call back up if needed and so they didn’t owe you a pension. All of that was above board and you knew it going in.
Job security? Entire industries were becoming obsolete and dumping competitive and competent competition against you on the market. The rise of photocopiers dumped thousands of typists on the market. All of them also had administrative experience that you didn’t have coming straight from high school or even from college.
So sad for all of the pajama boys.
That's the industry I got into after my Marine Corps stint. Now that industry is going by the wayside - who prints things out anymore with cloud storage and all the scan-to-email! Fortunately I'm more on the IT Services side of things now.
What you say is correct, both my sons are millenials and they are doing just as well if not better than I was when I was their age. Both of them are able to do their jobs at home during this time and are still earning their full pay. I'm not sure why the perception is out there that Millenials are going to be poorer than the previous generation.
If this pandemic hit us in the 1970s or 1980s, all of us Baby Boomers would have been screwed. There was no technology to work at home back then, unless your job was stuffing envelopes or sewing mittens or something.
Some things these days are more expensive (like homes and automobiles) but there are many other things that are far cheaper and much better (clothing, appliances, food, technology, entertainment) that what the Boomer generation had.
So things aren't so dire for the Millenials. I would switch places with one of them in a heartbeat because I think the future is looking might bright and I would love to be able to be around another 50 or so years to see what happens.