What are your thoughts on youth unemployment?
August 15, 2010 by admin
Filed under Layoffs & Firings
Answers by Marcus P.:
Its a real tragedy. Getting early work experience is a key to later life in that the mistakes you make are easier to recover from. More importantly though is learning good work habits from the outset from good people. The downside, learning bad business culture. Got to unlearn the bad thanks to the timely interference of the late Tom Wrubel who founded the Nature Company retail stores. A good life-long lesson in customer relations and no I won’t say what. It’s still very embarrassing.
Answers by Kevin H.:
I have seen numerous young men personally who struggle just to find a $10/hr job, despite having AA degrees or certificates in a skill. They can never move forward with that–even when they finally find a job. Their total income is about the same as my mortgage. And yes, I have seen this hardship and inability to find a job become part of their identity, and have seen 30 year olds return home with their tails between their legs, unable to make a living.
I am a capitalistic seeker of wealth, but the middle class has been destroyed and the youth demoralized. We need to fix this by actually paying people to work if we want their work instead of allowing wealth to be hoarded by a few.
We have created a world of
1. Investors/Owners, who often are wealthy
2. Highly Skilled workers, who generally make a fair living, and
3. A working class, who with manufacturing gone can only find low-paying jobs.
Such a skewed economy eventually means the investors and skilled labor have nobody to buy their products, and the economy collapses.
Source: Linkedin