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Yeah I wouldn't hire a college grad who took a job majorly beneath his skill level straight out of school, after a couple years. Why? Because if he's willing to sell himself for less than his worth for someone else, he's also probably willing to undercut me in the workforce. And such an...

Well see, then American businesses wonder why they're not competitive. Because they're hiring untrained people like you (without experience), instead of going for one of the many hoardes of unemployed software professionals who is far more qualified. Software developers with CS degrees and...

The smartest grads in the past decade haven't had any luck in the job market. Its not just the dumb ones who are having trouble. In fact, it seems that firms such as the banks would deliberately like to hire people who are incapable of seeing 'the big picture', or people who are more...

By rejecting such a job, he's not being a 'stubborn idiot'. He's being realistic. There's no point in taking a job that isn't going to work out very well, and one is going to leave ASAP. That's just unprofessional, and costs both the job seeker and the employer major bucks (job seeker = loses...

And chance are, the daughter wasn't able to find a job in LA precisely because somebody from the Middle East moved to the USA, and was willing to work for cheap. We see it in the high tech industry all the time, and our 'leaders' have the gaul to suggest that the kids, who are some of the...

Its a little more complicated than that. A REIT would typically have two kinds of debt; secured debt, ie: debt that is directly secured against the real estate itself, and unsecured debt, ie: pledges against the company itself but not the property. They are *not* repurchasing the secured debt...

The consequence of China refusing to buy more US government debt, or dumping existing debt, is that the USA can no longer import stuff from overseas. This would cause very strong inflation domestically, as virtually everything you buy, ranging from oil to basically everything in Wal-Mart...

No you're not. If that 26-year-old had a degree, than an entry level clerk position definitely would be a waste of his time, and a waste of the company's time in hiring him. The 26-year-old would have demonstrated that he is a poor allocator of capital, and is willing to sell himself, and his...

Yeah no kidding, if top-quality engineers can't find jobs, what hope is there for the rest of the graduating class in the past decade? The collapse started in 2000-2001. By 2002, people were being mass-layed off. 2004-2005 rolled around, a few of the people laid off earlier were hired back...

BTW, her facebook profile: http://www.facebook.com/amy.shropshire 451 friends on Facebook, Columbus State Community College, Webster University 2003, and Regent's College London. Hardly the traits of someone who is a 'loser'.

What a shameful attitude! I bet she's just fine. I don't know how useful a marketing degree is, but the same scenario is being repeated, many times, for people of nearly all backgrounds. Especially in the sciences and engineering (as I described above) where job offers have been fairly rare...

Not at all. Most of them are guys with 3.2-3.8 GPA's, perfect English skills, good hygeine, etc. Not 'unlikely' at all, its the reality, the hell that tech grads of the past decade have had to live with, while their jobs have all been outsourced. Typical tech job since the big collapse in...

The big problem is that tech employers get 100-200 resumes for positions, pick maybe 20 of the resumes at random for screening, call in 5 of those randomly picked screened resumes in for interviews, and hire 1. Its a system thats so broken that even Linus Torvalds himself probably couldn't...

Warren Buffet's ROI isn't really any better than a S&P500 index fund over the same interval. The difference is that Warren Buffet leveraged his way to high ROE in the greatest long term bull market known to the world (the USA). He obtained this leverage by investing the surplus premiums of...

I know many Electrical/Computer Engineers who graduated in 2001, 2002, 2003, 2004, who still haven't been able to find employment. From top-20 universities in North America. They've sent out thousands of applications, and rarely get replies, nevermind interviews. In 1999, the same...

But labour prices aren't exactly very high domestically, and there are plenty of instances where people (ie: bankers) are employed at $100-$200k/year, when there are hoardes of equally qualified people banging on the doors to work for even half that. So just cutting minimum wage won't get those...

Look at the people who trained for the tech industry, only to have it collapse in 2001-2002, and to have the rebound be dominated by foreigners. Most of those people haven't found new jobs, and now we are here, 8 years later. Its an utter disaster out there folks. The economy never really...

Yup. And the text is not 'small', but the whole UI and fonts have been scaled up to make them readable.

Maybe they see the death of consumerism in the USA as the proverbial 'writing on the wall'. Love, or hate Google, I think that everyone agrees, they desperately need to actually start creating a product that isn't entirely reliant on high consumer spending, in order to sell.

"an economy that perhaps is more like Germany's" Lol. If the US is lucky..its economy will be more like Germanys. Resembling Mexico, or Argentina, is more likely at this point.