Re:Buyer's Remorse: High Debt and Low Pay Leave Some College...
by mywittyname on Wednesday May 29, 2019 @10:32AM
(#20040632)
> way fewer millennials went into trades.
It's not that we didn't want to, but that we never had the opportunity. The Great Recession destroyed basically every trade job out there. Nobody was going to hire a young buck when you could get really smart, experienced guy for the same price.
So us millennials went to college instead. In 2009, people my age with no degree had an unemployment rate of like 20-25% while people with degrees had an unemployment rate of maybe 5-6%.
A lot of my friends growing up that started in trades (myself include) ended up in the military and/or college because you still had to show up for work every day, just to sit around for a few hours to learn you weren't getting paid.
Not that I'm complaining, my life certainty worked is better as a result. But I don't think people with office job realize how bad The Great Recession was for people at the bottom.
It's not that we didn't want to, but that we never had the opportunity. The Great Recession destroyed basically every trade job out there. Nobody was going to hire a young buck when you could get really smart, experienced guy for the same price.
So us millennials went to college instead. In 2009, people my age with no degree had an unemployment rate of like 20-25% while people with degrees had an unemployment rate of maybe 5-6%.
A lot of my friends growing up that started in trades (myself include) ended up in the military and/or college because you still had to show up for work every day, just to sit around for a few hours to learn you weren't getting paid.
Not that I'm complaining, my life certainty worked is better as a result. But I don't think people with office job realize how bad The Great Recession was for people at the bottom.