Young adults taking longer to find work than previous generation

Discussion in 'Western Europe' started by kazenatsu, Apr 19, 2024.

  1. kazenatsu

    kazenatsu Well-Known Member Past Donor

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    UK study finds young adults taking longer to find work than preceding generation

    The proportion of U.K. graduates who found work straight out of university fell by nearly 30% between those born in the late 70s to those a decade younger.

    This comes from a study conducted by a researcher at the University of Liverpool.

    People born in the late 1980s who did not attend university were almost twice as likely to experience a turbulent start to their working lives, characterized by periods of unemployment, part-time employment, and inactivity, compared to those born in the 70s.

    Those born between 1985 to 1990 experienced more complex and unstable transitions into the world of work, even among those who ended up having successful careers, reflecting increased uncertainty in the labor market and the rise of "patchwork careers."

    "Our findings suggest that the distinctive British early transition from school to work, whereby the majority of British young adults go straight from compulsory schooling into the workplace, was still prevalent among those born in mid-1970s and 1980s."
    "It is striking that nearly all young people born in late 80s have experienced some sort of instability during their school-to-work transition, even those who would ultimately be considered successful in their careers a decade after finishing school."
    "Our findings fit with wider research that shows millennials are reaching milestones once considered to be the markers of adulthood, such as marriage, home ownership, and stable employment, at a later stage than earlier generations."

    Dr. Alina Pelikh, published today in Population, Space and Place

    https://phys.org/news/2024-04-uk-young-adults-longer-generation.html , April 17, 2024
     
  2. FreshAir

    FreshAir Well-Known Member Past Donor

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    India on the other hand has plenty more jobs, they're stealing all the IT and Customer Service Jobs from other countries

    I think soon, though, Countries will realize giving that much control of their data to another Country is a national security risk

    Corporations will not stop until their governments stop them... but then they will be ready to turn to AI
     
    Last edited: Apr 19, 2024
  3. ConcernedEnglishman

    ConcernedEnglishman Active Member

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    The whole of the UK is understaffed so that surprises me and that is in virtually every industry… I hear the ‘Locum Doctor/Nurse’ industry is huge at the moment and costing the NHS millions
     
  4. kazenatsu

    kazenatsu Well-Known Member Past Donor

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    It's a paradox. It's harder to find a decent job, but at the same time businesses are more understaffed.
    How can both be?
    I explained it here: It takes a lot of extra money to lubricate the economy
    Basically, the explanation is that as you get more poor people in the economy, the "demand" for services grows, but those people each have less money to spend. As a result, profit margins go down, and it becomes more difficult for businesses to cater to those customers. It's not just a simple matter of hiring more workers, but of trying to hire more workers but not having to pay those workers too much.

    (Profit margin is not total profits but the amount of profit relative to business expenses per each customer)
     
    Last edited: Apr 20, 2024
  5. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

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    You forgot to include the "in UK" in the title.

    Those born in the 80s are not exactly 'young adults', but middle age adults.
     
    Last edited: Apr 20, 2024
  6. kazenatsu

    kazenatsu Well-Known Member Past Donor

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    Well, it is posted in the "Western Europe" section. And it's probably true for other countries in Western Europe, not just the U.K.
     
  7. ConcernedEnglishman

    ConcernedEnglishman Active Member

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    Or possibly we have made it too easy in the U.K. not to work? Even if you work at McDonalds you should be better off than somebody who doesn’t work at all.

    Well paid jobs ARE out there if you have the correct qualifications…. It’s bone-idolism inherited from Blair’s Labour during the 90’s
     
  8. kazenatsu

    kazenatsu Well-Known Member Past Donor

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    If the lowest level jobs do not really pay quite enough to survive, then obviously it is very problematic to have welfare payments that pay substantially below that level.

    In my opinion, this goes back to the issue of taking in too much immigration, the society becoming poorer, and wages being pushed down. But that is another separate discussion.
     
  9. kazenatsu

    kazenatsu Well-Known Member Past Donor

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    Those better jobs, it's not realistic to expect all the young adults to be able to do them.

    You're talking about years of training, education, and the investment of time and money (and the inherent risk that comes with that investment). And often even after much of that, the pay isn't even all that great.

    Society has entered a new period where adulthood -- at least middle class adulthood -- doesn't begin until the age of 27 to 35. No surprise people are having less children and not getting married.
     
    Last edited: Apr 23, 2024

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