4 ms·
I smell bullshit. Note from the article: > Companies are having a hard time recruiting and retaining young talent, and as a result are accommodating what would
by motoko 19y ago
I smell bullshit. Note from the article:
> Companies are having a hard time recruiting and retaining young talent, and as a result are accommodating what would have once been considered extreme demands. ....so many younger workers have gained the advantage when it comes to negotiating the terms of a new job.
and
> Today, however, economists and sociologists see such homecomings as a rational response to exorbitant housing prices in big cities, and entry-level wages that do not cover living expenses.
So which is it? Employers can't find employees, or the labor market is so oversaturated in big cities that entry level positions don't pay living wages?
My guess is that every company only wants to hire "the top 5% of graduates." So competition for the perceived best (ivy league, specialized skills) grows while Joe State and Cathy Community go chill with the folks and work at Walmart.
EDIT: how do you make block quotes?
- myoung8 19y agoThe general point of the article is spot on. I've heard that it's getting harder to retain top talent first hand from a lot of corporate recruiters. I think the only problem with the article is this part: "Many young people want their own businesses. The barriers to starting an Internet business are low." The barriers to starting a one-feature company are low, but the barriers to starting a REAL business are still relatively high. Unfortunately it seems like there are still people out there who don't realize this, but even then, they account for a minority among all young jobseekers.