Company Raises It's Minimum Wage to $70,000 and All Hell Breaks Loose

Khane_sl said:

I understand what you're saying here but just want to point out, Nursing is still in high demand and, at least in this area of the country, I've never heard of a Nurse not being able to find work.

My last job employed full time Nurses in various specialties as well as just regular old RN's and they were constantly looking because it was hard finding one that was willing to work for the lower wages we paid. They were constantly leaving for better opportunities.

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Yeah my stats are a bit wrong on the nursing front because the article I read was forecasting all the people who entered college for nursing to actually graduate and try and get a job. They didn't take into account that the majority of them eventually flunked/dropped out/switched majors. So I don't think this great nursing oversupply forecasted ever actually came to fruition. Though I suppose it does speak to bad guidance at the high school level to push people into a college path they either aren't prepared and qualified for or simply don't want.

Didn't an over saturation of computer based degrees happen in the early to mid 2000s? Everyone was told to go get an IT job because it makes bank, then they spend 60 grand on an education and get a job making 13 an hour and having to pay back all that debt.

fifey_sl said:

Didn't an over saturation of computer based degrees happen in the early to mid 2000s? Everyone was told to go get an IT job because it makes bank, then they spend 60 grand on an education and get a job making 13 an hour and having to pay back all that debt.

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There was a fear that all tech jobs would be out sourced. Luckily for us USA based developers Indian code is garbage and unmaintainble and doesn't even work. So all those jobs came back. And since HS guidance consolers told students not to get a big-bad CS degree because jobs were being derked there is now an extreme shortage of developers. I don't recall there ever being an actual over saturation.

Tenks_sl said:

There was a fear that all tech jobs would be out sourced. Luckily for us USA based developers Indian code is garbage and unmaintainble and doesn't even work. So all those jobs came back. And since HS guidance consolers told students not to get a big-bad CS degree because jobs were being derked there is now an extreme shortage of developers. I don't recall there ever being an actual over saturation.

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Yea there was never even close to an over-saturation. The thing about technology and CS degrees is that every single company has a need for software. Whether they buy it from a third party or try to build it in house it's creating jobs. That isn't changing any time soon.

And with how fucked the Healthcare IT industry is and all the new government mandates for meaningful use and the like you're gonna see an even bigger shortage than we already have.

Tenks_sl said:

Yeah my stats are a bit wrong on the nursing front because the article I read was forecasting all the people who entered college for nursing to actually graduate and try and get a job. They didn't take into account that the majority of them eventually flunked/dropped out/switched majors. So I don't think this great nursing oversupply forecasted ever actually came to fruition. Though I suppose it does speak to bad guidance at the high school level to push people into a college path they either aren't prepared and qualified for or simply don't want.

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Friend of mine does hiring and nurse training for the largest employer in the state which is a university medical hospital. He said way too many people got into nursing with no aptitude for it, but they knew they could get a job regardless if they were good at it. He's listed as upper management and he's thinking of changing professions now because he's tired of the people that he was to use to fill slots.

At least there's a demand currently in the medical field. Just think how much money gets loaned out via student loans that even in the best of times you couldn't find a job in or you would get a job that wouldn't allow you to pay back your loans. Every week I read about someone who has a black studies degree or something similar. What do you do with that?

The industry I work in is dying of old age. Lots of jobs around but they would require you to start "not at the top" which seems to be an issue. For the most part you don't need a degree. A lot I have interviewed had a business degree and they think that means 2 years after graduation they would be "running a business". It would also require you at the start to get dirty on rare occasions and get out of the A/C on rare ocassions.

I've mentioned it before. A friend of mine from high school went into the navy for a short hitch. He bitched to no end (not that there was a draft). He wound up on an aircrew flying a gulfstream all over the world picking up Navy brass. He went to school and got an international business degree and then he griped to no end he wasn't running an international business. I offered him a job and he was like NO WAY. His dad worked in the same industry I do. I'm not sure why it offends him. His dad worked in a 2 person office, had a company truck that they could use for personal use. Never worked weekends and didn't have a degree and I'm guessing he made just shy of $100k.

Now my friend is a salesman for some small company and lives in the shit part of town.

No. His dad died of cancer while he was in the Navy. I offered him a job because he's reasonabley smart and needed a job. We pretty much went our separate ways. He once asked me and then my dad if we would sign his deal that he was looking for a job while on unemployment. Kind of went downhill after that.

But I knew what his dad did for a living. He acts all ashamed of it. His dad was an electrician at one point for some plant and worked his way up to operator and then had a couple of maintenance crews working below him and he just worked in the office on site.

Maybe someone can find stats on this but there is a huge issue coming soon with skilled trades work soon.

Everyone seems to be aware of the lack of workers - people are choosing shit like getting sociology degrees over 7 years to work at Starbucks instead of making 100K/yr+ as a master electrician. That said, the lack of practical skills in the younger generation is only going to wildly increase demand. It's completely scary when people don't even know basic, basic stuff around the house. The prices are INSANE for the dumbest things - like replacing a flapper valve or a light switch. Now, I think I'm far and away more handy than I need to be most of the time but it's scary. These for-profit schools are pumping out LNA poop-scoopers and rentacops day after day but hell if you can find a good electrician or diesel mechanic.

Read today that every $100 of aid that goes to students tuition goes up $65. Go figure.

Borzak_sl said:

Read today that every $100 of aid that goes to students tuition goes up $65. Go figure.

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You might want to link something or phrase that better, I could read that three times and read it a different way each time.

For every $100 that goes into sudent aid overall in the country tuition goes up $65 on average over all.. I don't have the link handy.

Just pointing out that it's a never ending circle. Pour more money in and the tuition will go up. Tuition has skyrocketed while pouring more and more "free" money into the price of it goes up.

I would like to see at least some restrictions on pouring money into tuition for stuff that you might have a shot at repaying one day that is at least somewhat useful. I know we've all seen degrees that you think "What do you do with that?".

wormie_sl said:

Yup I just skimmed that paper I linked above. Basically for profit schools are sucking massive amounts of money out of the federal gov.

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If we shut those down a large portion of "students" would find out they aren't destined for college and instead have to work for a living. Can't have that.

Part of me can't believe that Elizabeth Warren can sit there railing about student loans this and that but not do anything about for-profit schools which are a major part of the problem. It's a huge scam.