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Old 06-17-2019, 11:45 AM
bUU
 
Location: Florida
12,074 posts, read 10,705,895 times
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Exceptionally high underemployment.
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Old 06-17-2019, 05:22 PM
 
10,075 posts, read 7,542,084 times
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Quote:
Originally Posted by bUU View Post
Exceptionally high underemployment.
How so? Most of the people I hear crying about underemployment tend to be fresh grads. What exactly are their qualifications to say they are underemployed?

Having a degree does not mean they were trained for that profession, most degrees are not terminal and are broad/generic.

A degree in X rarely means you are a X professional. An English major working as a barista is no more qualified to make coffee as they are to call themselves a linguist. So how are they "over" qualified for Starbucks?

Do people think a degree is an automatic qualification? For what exactly? Qualified to complete homework and tests?
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Old 06-17-2019, 07:28 PM
 
7,759 posts, read 3,885,749 times
Reputation: 8856
Quote:
Originally Posted by MLSFan View Post
How so? Most of the people I hear crying about underemployment tend to be fresh grads. What exactly are their qualifications to say they are underemployed?

Having a degree does not mean they were trained for that profession, most degrees are not terminal and are broad/generic.

A degree in X rarely means you are a X professional. An English major working as a barista is no more qualified to make coffee as they are to call themselves a linguist. So how are they "over" qualified for Starbucks?

Do people think a degree is an automatic qualification? For what exactly? Qualified to complete homework and tests?
So why do employers demand degrees plus 2 years experience for entry level jobs? If a degree doesn't make you qualified then why is it a requirement?
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Old 06-17-2019, 07:50 PM
 
14,993 posts, read 23,892,069 times
Reputation: 26523
Quote:
Originally Posted by bUU View Post
Exceptionally high underemployment.
You don't know that, really no one can knows exactly that rate because it's difficult to have an OBJECTIVE measurement (no, not one that fits a political or personal agenda of bitterness over ones personal situation). Some economists will try, but there numbers are hopelessly flawed and often biased. The only measurement we really have is the different between the U5 and U6 employment rate (number of people employed minus number of people employed that includes part time but want full time). These are government published rates, and the way of calculating it has not changed no matter what president is in office.
In 2010 that was at like 6%, it is now less than 3% I think. That's not a made up number.

So, based on the best numbers we have, there is not exceptionally high underemployment when you compare apples to apples, if anything it is decreasing. Yes people will disagree in this thread because this is like the official forum of bitterness and hopelessness, but it is what it is.
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Old 06-18-2019, 03:07 AM
bUU
 
Location: Florida
12,074 posts, read 10,705,895 times
Reputation: 8798
Quote:
Originally Posted by MLSFan View Post
How so?
https://www.forbes.com/sites/erikshe.../#49561258234e

Quote:
Originally Posted by MLSFan View Post
Most of the people I hear crying about underemployment tend to be fresh grads.
Then you are either inadequately informed for suffering from selective memory. Underemployment is a big problem among elders.

Quote:
Originally Posted by Dd714 View Post
You don't know that, really no one can knows exactly that rate because it's difficult to have an OBJECTIVE measurement (no, not one that fits a political or personal agenda of bitterness over ones personal situation).
You mean like yours?

The reality is that there is an official, national metric, U-6.

https://www.bls.gov/lau/stalt.htm

Just because the reality doesn't serve your preferred narrative doesn't mean that there isn't a real problem and that real people aren't affected. Your decision to be callous toward their situation doesn't change anything.
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Old 06-18-2019, 05:45 AM
 
14,993 posts, read 23,892,069 times
Reputation: 26523
Quote:
Originally Posted by bUU View Post

You mean like yours?

The reality is that there is an official, national metric, U-6.

https://www.bls.gov/lau/stalt.htm

Just because the reality doesn't serve your preferred narrative doesn't mean that there isn't a real problem and that real people aren't affected. Your decision to be callous toward their situation doesn't change anything.
No like yours - I mentioned U6 and specifically referenced to it to disprove your original statement.
Did you read my thread even? You didn't read it did you. How funny and embarrassing for you.
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Old 06-18-2019, 02:41 PM
 
4,972 posts, read 2,712,589 times
Reputation: 6949
Don't forget, everyone, if you post anything that the economy is less than wonderful, then you are automatically labeled as negative and bitter.

I think that the economy is just great! Everyone that wants a good, high paying job has one (i.e I am not negative or bitter, please believe me!).
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Old 06-18-2019, 05:25 PM
 
14,993 posts, read 23,892,069 times
Reputation: 26523
Quote:
Originally Posted by BusinessManIT View Post
Don't forget, everyone, if you post anything that the economy is less than wonderful, then you are automatically labeled as negative and bitter.

I think that the economy is just great! Everyone that wants a good, high paying job has one (i.e I am not negative or bitter, please believe me!).
LOL. The response from "everyone" is a bit, shall we say...underwhelming. I will give you a hand and bump this up to the top, maybe you will have your swarms of people here to applause and support you. Likely no one cares or read it as this thread has sort of petered out and they have moved on. Yeah, "everyone" has sort of forgotten your plea to not forget, they didn't even know they weren't supposed to forget, they've already forgotten before they were told not to forget. Sorry. But that's OK - I'm here for you. I'll help a brother out.

Look dude, back to serious - you are obviously directing this at my remark, which was misrepresented. This is a public forum and "everyone" should encourage active participation. I have no problem with that, and if someone does then just ignore them. In fact I will fight for you and your right to say it - Im here for you (dont' forget)! My words were harsh indeed, but the point is this - personal anecdotes, political bias, or yes the fact that a person has run into hard times is not representative of a bad economy. If someone represents it as fact, not opinion, that is plain wrong. Do you disagree? There are published numbers for unemployment and underemployment, they aren't perfect, but they are unbiased as they haven't really changed the method of calculation from year to year. The other poster inadvertently agreed and in the process somewhat humorously totally contradicted himself. But that's OK. I'm here for him too.
Don't forget everyone.

Last edited by Dd714; 06-18-2019 at 05:33 PM..
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Old 06-19-2019, 02:53 AM
bUU
 
Location: Florida
12,074 posts, read 10,705,895 times
Reputation: 8798
Quote:
Originally Posted by Dd714 View Post
No like yours - I mentioned U6 and specifically referenced to it to disprove your original statement.
Using proof of what I wrote to "disprove" what I wrote. What an interesting mind you have.
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Old 06-19-2019, 05:55 AM
 
14,993 posts, read 23,892,069 times
Reputation: 26523
Quote:
Originally Posted by bUU View Post
Using proof of what I wrote to "disprove" what I wrote. What an interesting mind you have.
Oh youre back???? Wow, hat's off to you for the courage. Well if the shoe fits....
Sorry I made you look bad.

Quote:
Originally Posted by bUU View Post
Exceptionally high underemployment.
Quote:
Originally Posted by Dd714 View Post
You don't know that, really no one can knows exactly that rate because it's difficult to have an OBJECTIVE measurement...The only measurement we really have is the different between the U5 and U6 employment rate (number of people employed minus number of people employed that includes part time but want full time)...In 2010 that was at like 6%, it is now less than 3% ...
Quote:
Originally Posted by bUU View Post
The reality is that there is an official, national metric, U-6.
Just because the reality doesn't serve your preferred narrative doesn't mean that there isn't a real problem .
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