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> That's not to say the broader criticism of job security is wrong. I have plenty of 50+ family members that are struggling on the finish line to retirement. Ot
by AFNobody 8y ago
> That's not to say the broader criticism of job security is wrong. I have plenty of 50+ family members that are struggling on the finish line to retirement. Other people in my circle never had a fair shot at the start, but I don't know that there's ever been a better time to be a member of the professional class, even at a mid-skill level.
If you are one of the right sort of people, with the right skills...yes. Many people with degrees never successfully transition into being a full fledged member of the professional class. That is much, much worse than before and the cost of failure is much, much higher than before outside of tech.
2017-2018 are the high point of this particular economic cycle and we are at full employment but that does not mean people have succeeded at the level they have in the past.
> I work at a VC firm and every company struggles with hiring enough talented people. I don't know many, really any, people who are moderately skilled and unable to find work in this environment. That could change if there's a big macro swing.
Can I find work? Yes.
Have I plateaued at my current level of pay and everyone wants to try to pay me 20% less if I change jobs? Yes.
It isn't just "Can I find another job?" but "Can I find a comparable job with the same work life balance, benefits, and financial compensation?"
That is the real fear with the lack of job security for mid-level professionals as they age and don't move into management. Paycuts, relocation to cheaper regions, or work/life balance cuts have to be taken to some degree.
Sure, I'm posting on HN but it is mainly because I work 10+ hour days, 5-6 days a week. I have to break that up somehow.