Re:The Fleecing of Millennials
by rchaud on Monday January 28, 2019 @11:12AM
(#19018574)
> What is the catalyst for any action/change in regards to reversing these trends?
My unscientific opinion on this is that these articles will continue to appear as living standards in rich countries continues to fall due to living costs outstripping wage growth, and the outsourcing of more and more work to other countries.
The wealth enjoyed by the rich world in the post-WW2 order has been built up by international cooperative agreements done to maintain peace but also generate income and build markets (Highway Bill, GI Bill, Marshall Plan, EEA trading bloc, GATT/WTO etc).
These days, it feels like we are experiencing the last trickle of dividends from those days. The structure of the economy has been predominantly service-oriented economy for decades now, but now it's about doing more with fewer people.
Realistically, I don't know what kinds of jobs will continue to provide middle-class salaries in the volumes that were available before. If you worked as a customer support rep, you've been offshored. If you worked as a trucker, automation is coming; you won't be fired, but you won't be driving as much and you won't get paid as much.
Thousands of trucker and miners looking to 'retrain' as front-end developers is a pipe dream pushed by politicians since time immemorial. There simply aren't enough jobs in those roles.
My unscientific opinion on this is that these articles will continue to appear as living standards in rich countries continues to fall due to living costs outstripping wage growth, and the outsourcing of more and more work to other countries.
The wealth enjoyed by the rich world in the post-WW2 order has been built up by international cooperative agreements done to maintain peace but also generate income and build markets (Highway Bill, GI Bill, Marshall Plan, EEA trading bloc, GATT/WTO etc).
These days, it feels like we are experiencing the last trickle of dividends from those days. The structure of the economy has been predominantly service-oriented economy for decades now, but now it's about doing more with fewer people.
Realistically, I don't know what kinds of jobs will continue to provide middle-class salaries in the volumes that were available before. If you worked as a customer support rep, you've been offshored. If you worked as a trucker, automation is coming; you won't be fired, but you won't be driving as much and you won't get paid as much.
Thousands of trucker and miners looking to 'retrain' as front-end developers is a pipe dream pushed by politicians since time immemorial. There simply aren't enough jobs in those roles.