Gen Z men with college degrees now have the same unemployment rate as non-grads—a sign that the higher education payoff is dead

[Chrishaune]

No offense , but you are an ignoramous

The Truth will hurt a lot of people's feelings

 

[DaddyFresh]

A bottom is going to fallout.


Restaurants and bars are making no money where I am at.

All of them.


There are some dark clouds coming our way

I believe it. The quality of food in restaurants has plummeted over the last decade. Smaller portions but significantly lower quality. The economy is horrible right now I don't care what fudged number says.

 

[KillerPups]

I always saw this as a sign that students are picking the wrong majors compared the market demand.

When i went to college i researched the degree programs and ultimately choose Accounting, because at the time the unemployment rate for people with BBA's in account was literally at 0%. (yes, you can see the unemployment rate for your degree prior to wasting four years on it)

meanwhile kids are often choosing majors at random and going into debt without a real career plan.
Nobody teaches kids to gameplan for college, and make logical degree choice. they just rush you off to college and tell you, you can be anything you want.

very true. I'm from the generation that say you going to college no matter what. no plan no problem long as you in school

 

[Rembrandt]

shyt is oversaturated. A lot of business degrees while helpful are redundant with so many people getting them. Computer science degrees are becoming more and more worthless as it trends to a talent/skilled based system; they have a high unemployment rate.


There are still some degrees and pathways worth pursuing but gone are the days of a college degree being a deciding factor, although I will say that they still help with getting your foot in the door if you're lacking connections or viable ways to upskill.

I hope this actually starts the trend of community college and associate degrees + experience being the way. So much cheaper, more flexible, and can still learn a lot and showcase your ability to stick to something you're passionate in..

 

[feelosofer]

The article also states that Gen Z men are less flexible in the jobs they want to work, women are. Even if you don't get a job in your exact field you can find something adjacent and segway into the field you want.

 

[Anerdyblackguy]

By a show of daps, how many people read the article?

You can tell they didn’t

 

[Bryan Danielson]

 

[Tribal Outkast]

I mean you can’t apply this to everybody. This might affect SOME people

 

[IIVI]

More reasons for them to look for a way out and quit.

At the end of the day the one single line on a resume which states the degree still says volumes.

I’m not going to sit there and listen to someone say “Trust me bro, I’ve learned PDE’s and Thermodynamics!” vs someone who actually has a Mechanical Engineering degree.

 

[Scustin Bieburr]

The education doesn't mean much for the job market when the employers are outsourcing and automating away jobs.

The goal of every business in a capitalist economic system is to:
A. Save money
B. Make money

People here have to get paid a minimum wage, they expect health insurance, there are laws against working them 6 or 7 days a week 16-20 hrs a day, there are laws against making them do unsafe or unethical work.

To be compliant with these things means to risk losing money which a company doesn't want to do. They care so much about A.I. because it could mean that they replace tech support, artists, customer service representatives, accountants, copywriters, and other knowledge based roles. They're pumping billions into this technology because it could mean the business continues to churn out a profit while not paying staff because they won't need any.

It is still important to be educated, but if you're going to school expecting to get a job when you graduate then unless you're working for yourself as a content creator or consultant, that's probably not going to happen.

Even if you work in health care, this administration is gutting Medicare which funds hospitals and clinics. You might have to move into a state that gets enough tax revenue(California, NY) to try and make up for the loss in federal funding for Healthcare.

 

[The Fade]

The Coli Excuses will come in

1. Breh, College is for networking
2. Hey Dummie, Picked the Wrong Major
3. Better Have a Plan, unless you want to be flipping burgers
4. Shoulda picked a trade
5. You can still go to the military

I'm sure I missed a few, but it's the typical lack of analysis and inability to see a problem with new eyes.

“Y’all don’t even know what’s coming”
“They don’t understand whoopty whoo”

No plan or practical solution. Just shytting on people for not being in the know

 

[Wargames]

Gen Z is increasingly slamming their degrees as useless, and new research indicates there may be some truth when it comes to the job hunt. In fact, the unemployment rate of males aged 22 to 27 is roughly the same, whether or not they hold a degree. It comes as employers drop degree requirements and young men ditch corporate jobs for skilled trades.

Gen Z is struggling to break into the entry-level job market—but young male college graduates may be hurting the most.

The most recent data from the Federal Reserve indicates that the unemployment rate among recent college graduates is on the rise, at about 5.5%.

Although it remains lower than the 6.9% rate among all young workers between 22 and 27 years old, men with a college degree now have roughly the same unemployment rate as young men who didn’t go to college, according to an analysis of U.S. Current Population Survey data by the Financial Times.

In comparison, around 2010, non-college-educated men experienced unemployment rates over 15%, whereas the rate among college graduates was closer to 7%.

It’s a stark sign that the job market boost once promised by a degree has all but vanished—and that employers care less about credentials than they once did, when hiring for entry-level roles.


In comparison, around 2010, non-college-educated men experienced unemployment rates over 15%, whereas the rate among college graduates was closer to 7%.

It’s a stark sign that the job market boost once promised by a degree has all but vanished—and that employers care less about credentials than they once did, when hiring for entry-level roles.

Gen Z men with college degrees now have the same unemployment rate as non-grads—a sign that the higher education payoff is dead | Fortune

Gen Z is increasingly slamming their degrees as useless, and new research indicates there may be some truth when it comes to the job hunt.

fortune.com

Or hear me out…. We’re in the early phases of a recession and the reason it isn’t being reported is the stock market has not crashed yet.

Though to be fair, I think it’s actually worse than a recession I think we’re in stagflation which is way tougher to get out of than a recession.

As a millennial who graduated college in 2007 let me tell you my degree was worthless until the economy started to recover. These new grads are probably experiencing the same thing.

 

[No1]

Or hear me out…. We’re in the early phases of a recession and the reason it isn’t being reported is the stock market has not crashed yet.

Though to be fair, I think it’s actually worse than a recession I think we’re in stagflation which is way tougher to get out of than a recession

I would not disagree.

 

[Yinny]

I don’t know if people read the whole article but it lays it out pretty well that most of the college educated career growth jobs are in the Healthcare/Education/Government sectors.

Unfortunately Education and Healthcare are fields most men tend to avoid as they seek careers in Tech/Finance/Consulting which are dramatically shedding jobs.

That in essence explains your college premium difference between Men and Women. College is still a great investment but men will just have to pivot to the Education/Government/Healthcare sectors.

By the time we accurately observe the sector trends, you're about 4 years or so behind. Companies "don't care" about education in that they prioritize cheap labor, or eliminating roles in favor of maximizing profit, which isn't a function of education or whether people get it or not. I don't have an easy solution but I know education itself (other than the exorbitant cost) isn't the real problem. Our economies and consumption levels aren't sustainable nor designed for everyone, or even most people to prosper.

 

[Wargames]

I would not disagree.

Yeah Trump’s economic policy screams we should be be in stagflation but the stock market hasn’t crashed. Personally I think wealthy conservatives are artificially keeping it inflated because they want interest rates lowered first so they can borrow money before the crash makes everything cheap.