Generation Limbo

[bond_trad3r]

Quote from KINGOFSHORTS:

The days of filling up large Corporations with useless positions filled with people who have overpriced useless degrees are over.


Either you produce or are of value or you have no prospect.

We are correcting from too much missalocation of capital into non productive employees and education paths.


Fluff degrees are dead. The days of being entitled to a job because you spent 4 years in a college and got a fluff degree are over.

LOL 100K degree to work tables at a restaurant. She assumed that because she follwed the special rules she was entitled to a big easy "arts" job with big pay.

“We did everything we were supposed to,” said Stephanie Morales, 23, who graduated from Dartmouth College in 2009 with hopes of working in the arts. Instead she ended up waiting tables at a Chart House restaurant in Weehawken, N.J., earning $2.17 an hour plus tips

YES YES YES YES!! A point that will be reinforced even more in the coming depression!

 

[bond_trad3r]

Quote from morganist:

There may be a lot of jobs but if you look at the number of applicants there are far more candidates.

Most jobs have tens to hundreds of applicants.

Actually thousands and tens of thousands to be more accurate. True statement. But what you gonna do? Cry about it or look for work until you find something.

There is work out there -- maybe not in the preferred field but work exists.

 

[misterno]

Except for the internet boom years of late 90's and mortgage boom of early 2000's, job market has always been bad

Obama needs to come up with false baloon, boom or whatever you name it. That is how Bush did it, that is how Clinton did it unintentionally with internet.

 

[nutmeg]

Quote from misterno:

Obama needs to come up with false balloon, boom or whatever you name it. .

I think Obama should stick with natural and manmade disasters.

Gulf oil spill

Joplin tornado

Hurrican Irene

Wild fires, earthquakes, snowstorms.

The guy is a friggin jinx.

 

[Grandluxe]

Quote from nutmeg:

I think Obama should stick with natural and manmade disasters.

Gulf oil spill

Joplin tornado

Hurrican Irene

Wild fires, earthquakes, snowstorms.

The guy is a friggin jinx.

LOL, the Obama presidency......apply for foodstamps


Some of Ms. Morales’s classmates have found themselves on welfare. “You don’t expect someone who just spent four years in Ivy League schools to be on food stamps,” said Ms. Morales, who estimates that a half-dozen of her friends are on the Supplemental Nutrition Assistance Program. A few are even helping younger graduates figure out how to apply.