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Potential employers will always find a way to get out of hiring people, usual excuses being too qualified, experienced, old, expensive. However Goldman Sachs ha
by Terry_Roll 5y ago
Potential employers will always find a way to get out of hiring people, usual excuses being too qualified, experienced, old, expensive. However Goldman Sachs has noticed some trends namely Reddit becoming more topical with the younger generation what with WallStreetBets & GameStop and now Antiwork.
https://finance.yahoo.com/news/antiwork-movement-may-be-long-run-risk-to-labor-force-participation-goldman-sachs-165417840.html https://finance.yahoo.com/news/antiwork-movement-may-be-long...
Its worth reading the comments in r/AntiWork its quite an eye opener!
A lot of people are fed up with the goal posts being moved, its not really being covered by the mainstream media other than labour shortages in certain areas but when ever there is a labour shortage, it usually means wages are not high enough. Besides no one can predict the future either.
Probably best advice I would give, is be your own boss and run your own business, in other words start your own pyramid and have people working for you and take a cut off all your employees to keep your pyramid going and a source of income for you. You will have to put in the hours your family if you have one wont thank you for not being around, but that's the sacrifice we all have to make.
There are absolutes, namely the global population is still growing so that means cheaper new entrants to the global workforce putting downward pressure on wages in developed countries where offshoring in one guise or another is possible. Govts are excellent at make work schemes so keep an eye on them.
Be wary of the news, or as Trump put it Fake News, so look at Foxconn and how the US tech companies offshored manufacturing to China as they could afford a high failure rate because Foxconn gave them bigger margins which made a higher failure rate still profitable because China pegged itself to the dollar, or look at how the US is not happy with Germany's trade surplus so the world saw Dieselgate to hit the German motor manufacturers when US motor manufacturers were also doing rigging emissions or Huawei 5G "spying" when in fact Huawei leapfrogged the US tech giants and have the most 5G patents rendering Huawei products legally superior to US 5G tech.
Leap frogging is a perfectly valid form of increasing market share, so try to spot developing trends and niches which will come from knowing a market/sector very well. This is the right website for some of the latest developments in a wide range of sectors.
Look at demographics, the "boomer" generation are considered to have the greatest amount of disposable income, highest level of assets and older people tend to become more right wing as they age, so servicing their needs beit funerals, property maintenance, healthcare, travel would seem a logical area to investigate further, if that's something you might be interested in.
If you talk to people who have degrees, ask them what type of degree they have, I'm surprised at how many graduates are in employment that's not in their field of study. Don't get your hopes up that having a degree will magically give you a pay rise, Zuckerberg didn't graduate along with these people.
https://www.businessinsider.com/the-15-richest-people-without-college-degrees-2010-11 https://www.businessinsider.com/the-15-richest-people-withou...
So like I said don't get your hopes up when you do graduate, its not a panacea, all it shows is you stuck it out trying to better yourself and become more knowledgeable in some area, but most employers don't even know what you studied so they don't know if you are useful to them. That's the sad state of reality if everyone is to be honest with themselves!