| ▲ | gravypod 3 hours ago |
| I've known a few college graduates who have come up in this market. From what I see, the common pattern is to try and get a position in your field for 3-10 months. Somewhere in that time range, they burn out. Then they apply for something field related for a few months. Then anything. Once they've exhausted all options they usually give up. We will likely have a similar concept in our country as China's "lying flat" movement unless we make a big shift. |
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| ▲ | trescenzi 3 hours ago | parent | next [-] |
| This isn’t really new. When I graduated in 2013 the barista with a college degree was a trope for a reason. Maybe 50% of my graduating CS class had a CS job within 6 months of graduating. Friends with other degrees spent years trying to find something in their field. |
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| ▲ | majormajor an hour ago | parent | next [-] | | "College grads are fully employed" certainly wasn't true in 2013 but the chart ain't that hard to read. The news here is how much it's changed. 2011 and 2013 were the years most tilted in the other direction since 1991 (unemployment rate 2 percentage points lower among new grads than all others). Only since 2019 have new grad overall had a higher unemployment rate, and it's climbing. One of the interesting aspects here is that bad economies generally favored new grads because the unemployment baseline was higher and employers were picky and favored "any degree" over "no degree". I wonder how much of the change is from less of a preference for "any degree but not much experience" to "experience regardless of degree" in work that doesn't exactly need a degree. And how much is from job availability shifts eating away at entry level roles combined with the ever-present "get a degree to get a good job" pro-college marketing for most of recent US history. | |
| ▲ | AnimalMuppet 2 hours ago | parent | prev [-] | | Yeah, I also wanted to question the "now" in the headline. But if you can believe the article's data, this is new - new since 2019. |
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| ▲ | krackers 2 hours ago | parent | prev | next [-] |
| >as China's "lying flat" movement No, you miss that "lying flat" is only possible when cost of food/living is low and housing is abundant. |
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| ▲ | majormajor an hour ago | parent | next [-] | | I believe the closest US equivalent is to get on disability to subsidize those costs. (Especially effective in cheaper areas.) | | |
| ▲ | oivey 33 minutes ago | parent [-] | | Getting on disability is insanely difficult and pays jack shit. That is not a US equivalent by any measure. |
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| ▲ | AnimalMuppet an hour ago | parent | prev | next [-] | | Even then, it's only possible when someone is willing to subsidize it, unless both food and housing are free. | |
| ▲ | t-3 2 hours ago | parent | prev [-] | | Our lying flat is opiods. Generating dark money and killing off the useless, isn't late-stage capitalist empire great? |
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| ▲ | nradov 3 hours ago | parent | prev | next [-] |
| American parents on average may be less willing and financially able to support deadbeat adult children than their Chinese peers. |
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| ▲ | oivey 26 minutes ago | parent | next [-] | | Bonkers to call college graduates deadbeats. These aren’t addicts or slackers. They had to have some level of achievement their whole lives and managed to finish a degree. | |
| ▲ | b3ing an hour ago | parent | prev [-] | | Deadbeat adult children? That’s definitely American thinking. That’s why I tell people family isn’t #1 in America it’s like #3 or 4 | | |
| ▲ | nradov 22 minutes ago | parent [-] | | Nonsense. Supporting adult children after they've finished education equates to putting family last, not first. Some youths need a forcing function to reach their full potential. |
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| ▲ | panny 2 hours ago | parent | prev [-] |
| Hah, I speed ran that process when I graduated with a useless degree back in the dotcom days. I graduated and gave up any hope within 3 months. I was working at the shopping mall selling suits after that. I've since told anyone who will listen that college degrees are worthless and school loan debts are the kiss of death. Not many will listen, but I try. |
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| ▲ | SJC_Hacker 2 hours ago | parent [-] | | BA/BS in many fields and also depending on the university and social connections are worthless. Even in STEM, post graduate is the minimum to make the degree count for anything |
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