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The White-Collar Job Squeeze: The Hiring Boom Was Always Fragile and Sketchy
Epoch Times ^ | 07/23/2024 | Jeffrey Tucker

Posted on 07/23/2024 8:58:59 PM PDT by SeekAndFind

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1 posted on 07/23/2024 8:58:59 PM PDT by SeekAndFind
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To: SeekAndFind

Times are indeed tough. For college grads, for singles, people that live in California and liberal cities, and people that live in normal states.

But here’s the key. Prior to the Steal job growth was increasing,taxes were going down, inflation was held at bay and the economy looked promising.

Then came Bidenomics.


2 posted on 07/23/2024 9:05:29 PM PDT by Responsibility2nd (2 coups in less than 4 years. America is truly a first world Banana Republic.)
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To: SeekAndFind

Times are indeed tough. For college grads, for singles, people that live in California and liberal cities, and people that live in normal states.

But here’s the key. Prior to the Steal job growth was increasing,taxes were going down, inflation was held at bay and the economy looked promising.

Then came Bidenomics.


3 posted on 07/23/2024 9:06:20 PM PDT by Responsibility2nd (2 coups in less than 4 years. America is truly a first world Banana Republic.)
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To: SeekAndFind

They need to shut down immigration to zero so that citizens can get the jobs. The multinationals are raping America of its wealth and sending it overseas. We are going through what China did during the Opium Wars when the world raped it.


4 posted on 07/23/2024 9:06:57 PM PDT by wildcard_redneck (He who sacrifices freedom for security deserves neither.)
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To: SeekAndFind

” The young person the story chronicled obtained a degree in English literature and imagined a future of working for a major publisher”

I’m gonna guess that AI will crush that niche for humans.

The obvious solution is to become a valued content creator with marketing skillz.


5 posted on 07/23/2024 9:07:39 PM PDT by Paladin2 (YMMV)
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To: Paladin2

>> The obvious solution is to become a valued content creator with marketing skillz.

Or for the slightly less ambitious (yuk yuk) but more grounded in reality, learn to fix an air conditioner or plumb a house.

Work your way up to running an HVAC or plumbing company, and hold hostage those lame content creators who can’t do squat with tools. “Yeah, I’ll be there Thursday... or so... I know, it’s really HOT this summer huh? I feel for you. You got cash to pay me right?”


6 posted on 07/23/2024 9:40:22 PM PDT by Nervous Tick ("First the Saturday people, then the Sunday people...": ISLAM is the problem!)
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To: SeekAndFind

>> Let us all hope that we will choose freedom and sound money as the only real alternative to stagnation and collapse.

I doubt we choose it. I think sound money will choose US, and it’ll be tough answering the call.

Those of us who can grow and make and raise and DO will be ahead in the struggle. Those who exist by all the various forms of speculation and vaporous “skills” will have hard times, especially in the cities. It’ll be tough on everyone. On the brighter side, the obesity epidemic will subside. :-)


7 posted on 07/23/2024 9:46:38 PM PDT by Nervous Tick ("First the Saturday people, then the Sunday people...": ISLAM is the problem!)
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To: Responsibility2nd
"Prior to the Steal job growth was increasing,taxes were going down, inflation was held at bay and the economy looked promising."

Storefronts gone vacant during the obama depression started refurbishing and reopening as new businesses.
8 posted on 07/23/2024 9:58:32 PM PDT by clearcarbon (Fraudulent elections have consequences.)
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To: SeekAndFind

Eliminate all H1-Bs and stop any foreign college grad from a US university from taking a US job.

Go back home.

A country exists ONLY FOR ITS CITIZENS. It does not exist even for its companies.


9 posted on 07/23/2024 10:19:29 PM PDT by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
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To: SeekAndFind
They are gig workers. It’s their second and third jobs. [emphasis in the original]

Gee, imagine having two or even three jobs! Even if the second job is an "hourly job" with less prestige and lower wages than the first. And even if the third job is actually only "half a job" and involves, say, strolling through supermarket aisles and filling shopping carts (while being interviewed).

Summa summarum, that must add up to a pretty penny! Sure, the cumulative hours must be long, and the job security may be poor, but: Why complain?

Regards,

10 posted on 07/23/2024 10:20:01 PM PDT by alexander_busek (Extraordinary claims require extraordinary evidence.)
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To: Nervous Tick

If an English Lit. major can also well go to the physical/tech, sure.

A Renaissance Man...


11 posted on 07/23/2024 10:38:38 PM PDT by Paladin2 (YMMV)
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To: ConservativeMind

We are so screwed.


12 posted on 07/23/2024 10:44:32 PM PDT by Lazamataz (If you are upset the bullet missed, contact me immediately. I'll make sure your bullet doesn't.)
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To: SeekAndFind

“the system that has robbed them of opportunity”

So what you get a worthless degree and you expect to be rewarded. Try suing the university to get your money back!


13 posted on 07/23/2024 11:16:44 PM PDT by Herakles (Diversity is applied Marxism )
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To: SeekAndFind

A simple return to freedom would work. It always has. The truth is a revolution larger than the Industrial Revolution is just about in reach. Machines making machines, automation with AI. There is a whole Solar System out there waiting to get used. It’s not happening because of the massive investment required. What if it produced profits instead? This is where automation fits in: machines don’t need to breath. The Voyager probe launched back in 1979 is still working billions of miles from home.


14 posted on 07/24/2024 12:32:24 AM PDT by Nateman (Democrats did not strive for fraud friendly voting merely to continue honest elections.)
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To: Responsibility2nd
The author misses the biggest point of all.

Anyone who pays $280,000 for a degree in English literature is retarded.

15 posted on 07/24/2024 1:20:32 AM PDT by Alberta's Child (“Ain't it funny how the night moves … when you just don't seem to have as much to lose.”)
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To: Alberta's Child

That is absolutely crazy.


16 posted on 07/24/2024 2:18:31 AM PDT by grimalkin (Communism is the final logic of the dehumanization of man. -Fulton J. Sheen)
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To: Paladin2

Anyone in the last 15 years who thought they would obtain any work related to a degree in English lit was either lied to or delusional.


17 posted on 07/24/2024 2:28:43 AM PDT by Chickensoup
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To: SeekAndFind

The only job growth bidenomics created was in government or illegals in the black market of labor. Few if any Americans were hired in the private sector. Actually, many Americans are still being laid off as their jobs are shipped overseas.


18 posted on 07/24/2024 2:42:32 AM PDT by Sirius Lee (Trump/Vance 2024 or GFY)
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To: Sirius Lee

In the post WWII era (The Korean War Era) the tuition to the U. of California, Berkeley was $37 a semester. The athletic card cost more.


19 posted on 07/24/2024 3:46:55 AM PDT by Bookshelf
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To: SeekAndFind

A I is quietly replacing white collar paper pushers.


20 posted on 07/24/2024 3:53:32 AM PDT by fella ("As it was before Noah so shall it be again," )
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