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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 385.99+1.6%Nov 12 4:00 PM EST
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To: TobagoJack who wrote (67310)10/18/2010 11:17:50 PM
From: energyplay2 Recommendations  Read Replies (4) of 217738
 
The numbers about kids returning home after college are pretty realistic.

A) The economy is really bad for young people.

B) Maybe 1/3 to 1/2 the kids majored in the wrong subject-

1) A marginal subject, where jobs are only available to the top 3-5% and many of these tend to be jobs teaching the same subject. Sociology is a real good example. You are unlikely to get a god job without a high A average.
Contrast with Chemical Engineering, where B and even C students can get okay jobs.

2) A subject where employment depends on an advanced degree, like psychology. Reasonable number of openings for doctorates with clinical experience, Bachelors degree - almost no way.

3) An intellectually weak subject, like XYZ ethnic group studies, or the many intellectual fashions, post modern anything.

Often kids take the week parts of a subject. For Sociology, one could really learn statistics and data analysis, which might get you a job in advertising - especially if you can learn something about social media and search engine optimization SEO.

Deming can you a job faster than Derrida....

This mis-allocation of academic effort likely to be a structural problem for long time.
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