Are there people who think college education is a shortcut to generic employment? This seems like a very misleading statistic. Average earnings (including those unemployed), etc might be better. Telling me that it’s harder to get a professional job that I’m qualified for than it is to walk up to a McDonald’s or whatever and get a job is not shocking.
> college education is a shortcut to generic employment
That was/is the societal narrative for the last forty plus years, yes.
>Telling me that it’s harder to get a professional job that I’m qualified for than it is to walk up to a McDonald’s or whatever and get a job is not shocking.
But as the graph also shows, graduate unemployment rate was lower for much of 2010s and before, so in some sense it really was "easier" with a college degree.
> Telling me that it’s harder to get a professional job that I’m qualified for than it is to walk up to a McDonald’s or whatever and get a job is not shocking.
This is so very easily said but how else is this supposed to work, exactly?
People have to start somewhere, and McDonalds experience doesn't count for any specialized job. Fuck, the "McDonalds-tier" jobs will often turn down graduates because they'll obviously walk the moment they get something better.
If no employer is willing to take a chance on graduates, then they just can't get any job experience. "A job that will pay for a roof over one's head" really isn't that extreme an ask.
As has been said a trillion times about AI and tech before AI: Senior level staff is going to age out, it has to be replaced or the entire industry gets sent offshore.
In terms of general unemployment across fields, youth unemployment is extremely corrosive to society.
This is already visible in how anti-AI sentiment is starting to boil over and the lurch rightward in politics. If this continues to escalate, the outcome will be nightmarish. Half of them bombing datacenters, the other half cheering as ICE raids the tech workers.