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"Generation X" doesn't tell me a whole lot about when you grew up as it appears to encompass a range of 20 years of births (1961-1981 according to WP). In the U
by treeface 16y ago
"Generation X" doesn't tell me a whole lot about when you grew up as it appears to encompass a range of 20 years of births (1961-1981 according to WP). In the US (and I'll focus on the US because I think that's where the reverse application guy is from), the unemployment rate reached a peak of 10.8% toward the end of 1982, due largely to the monetary stabilization policies of Mr. Paul Adolph Volcker. In 1981 it was in the 7's and it was back down to the 7's by 1984. A bad recession, yes, but it led into an era of extended low unemployment rates (all the way down to around 5.2% in 1989) until the recession of the early 90s when it jumped back up to 7.8%. This didn't last for long, as the greatest period of extended prosperity the US has known in a long time dropped unemployment rates to the 3's, 4's, and 5's for much of the 90s. For a while there in the 80s and 90s, members of "generation X" actually came out of school with a better chance of landing a job than most graduating classes in the history of the US.
In Canada, things actually happened to be quite a bit nastier then than they are now:
http://www.tradingeconomics.com/Economics/Unemployment-Rate.aspx?Symbol=CAD http://www.tradingeconomics.com/Economics/Unemployment-Rate....
Now look at the current era. I graduated college in late 2007, at almost the exact moment hiring froze in almost every industry. By 2008, you'd be lucky to get a job if you had 5 years experience, nevermind zero. By 2009, the unemployment rate had jumped up to 10%, a level the US had not seen since the early college graduation days of "generation X". In 2010 we've seen moderate levels of hiring, but no sustained push. Now those of us who graduated in 2007 are looking at possibly a 4th year of sluggish hiring.
So again...I maintain that young humans, in general, have less humility than they should (primarily because they don't know the difference between "good" and "bad"), but this level of humility in the application process (however you can even measure that) probably varies heavily on market conditions. If you graduated college in 1981...my condolences to you. You had it rough there for a few years. But try to keep in mind that there are lots of people out there right now who are in the exact same boat.
And with regard to "being worse off than your parents", I don't think there's a young person alive in the US who isn't at least partially bitter about the massive debts your generation and the ones that came before it have left us with, all while being bragged at by older people about how amazingly humble they are. And let's also not forget that your generation isn't "worse off" than your parents if you're counting by measure of inflation-adjusted income.
Also important to note: this kid wasn't getting responses from employers after going the humble applicant route. I had the exact same problem: people just wouldn't return my calls. So if he does have a lack of humility, it's a direct result of not having a job in a poor economy.
- run4yourlives 16y agoYou're missing a small but meaningful difference: It's not when you graduate, it's how you grow up. There is literally tons of data that has been written about gen x. Your comment most certainly proves that you're probably not as familiar with the time period as those who lived it. That's not an insult, just a truth. Your generation has the unfortunate distinction of being shocked by the current economic situation. It is so far from what you grew up with: a relatively stable period of the post cold war world. Don't worry, I don't envy you. You'll be humbled enough (as we all will be, I fear) over the next little bit. That's much different though than the world I grew up in, which was transitional to the core. I'm late x, coming of age in the 90s. That means I remember when most of the neighborhood kids had parents that worked in factories and the world was certainly going to end in a nuclear calamity one day. When that world changed in the late 80's, everything was in surplus. It was an attitude very similar to finishing a large project, best described as: Okay, what the heck do we do now? I maintain that young humans, in general, have less humility than they should That of course is most certainly true. However I maintain that X, as a generation in time, had much less of an expectation, was much more pessimistic and therefore more gracious and humble than any other generation before it and since. Nothing I've learned collectively seems to suggest otherwise.
- maxawaytoolong 16y agoI am gen X, and my younger brother is gen Y. I actually agree with the poster above you, and not with you. Although it was true that we grew up with reagan and bush 1, and associated global-political fears and sluggish economies, we also mostly graduated from high school and universities during the clinton era when the economy was booming and anyone with a pulse could get a job. I mean, drop outs from "media criticism" programs were getting 80k offers to become "web producers." There was a ton of work, a ton of money flowing around, and not very many young people coming out of school (relatively). My brother on the other hand has a dual degree in tough sciences and has been un or underemployed since 2008. There is a glut of graduates and the only places hiring are silicon valley and silicon alley. Even if you have a degree in physics, if you don't know PHP you are not getting an interview, anywhere. God forbid you are interested in something like Law, where nobody is getting hired. It IS when you graduate. If there are no jobs, there are no jobs, regardless of how serene and abundant or oppresive and anxiety inducing your childhood was.