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one of my employees told me a funny story. I was telling him about the experience of the terror of mid-2002 - layoffs everywhere and a really tough job market,
by foobiekr 7y ago
one of my employees told me a funny story.
I was telling him about the experience of the terror of mid-2002 - layoffs everywhere and a really tough job market, stock market post-collapse, massive rise of offshoring in actuality but more importantly the nearly-universal assumption among business leaders and investors that eliminating US employees was the way forward, the entire career looking incredibly iffy, etc.
He was in highschool at the time, he says. The highschool guidance counselor was doing their thing and he was interested in computers, softwarer, etc. She told him that programming was all going to India so he should do something else like law school or business.
- jefurii 7y ago> something else like law school or business. And then sometime after 2008 the bottom dropped out of the legal industry and the big corporate firms started laying people off.
- foobiekr 7y agoYes, exactly. Well, legal as a career started to go south maybe a few years before that. Aside from making me feel tragically old (I'd been working professionally for years at that point), it was just interesting to hear someone recount a totally different view of the cataclysm.
- dehrmann 7y agoThat's because a bunch of new grads looked at their job prospects in 2008 and decided they should stay in school studying something like law. Someone with several years of experience more than that cohort should do well as long as there's a skill discrepancy between the cohorts.