If you are 35 or younger – and quite often, older – the advice of the old economy does not apply to you. You live in the post-employment economy, where corporations have decided not to pay people. Profits are still high. The money is still there. But not for you. You will work without a raise, benefits, or job security. Survival is now a laudable aspiration.
Quoted from Sarah Kendzior’s “Surviving the Post-Employment Economy“
“In the United States, nine percent of computer science majors are unemployed, and 14.7 percent of those who hold degrees in information systems have no job. Graduates with degrees in STEM – science, technology, engineering and medicine – are facing record joblessness, with unemployment at more than twice pre-recession levels. The job market for law degree holders continues to erode, with only 55 percent of 2011 law graduates in full-time jobs. Even in the military, that behemoth of the national budget, positions are being eliminated or becoming contingent due to the sequester.
It is not skills or majors that are being devalued. It is people.”
Her work is frank, speaking of a reality I hope that will never be mine. At the same time, it gives me a strange comfort to know that I am not alone.
(via sextus—empiricus)
I will always reblog this quote. Hits way too close to home for me.
(via missbananafish)
The most salient part of this, to me, is the underscoring of the fact that there is no “right” college major where you’re guaranteed a job forever. Conservatives love to pretend college graduates working minimum-wage or freelance jobs just didn’t “pick the right major” – those foolish fools studied the arts or literature or something else frivolous, so they deserve crushing debt and no job security! No. There is no magical college major that will let you sidestep the jobless recovery.
(via thebicker)
Sarah Kendzior has been exposing the truth about our economy and politics in razor sharp analysis. Y’all should follow her on Twitter and read her articles.
(via doctorb99)
What I think is still missing from the conversation is that this was always the reality of the working class except for the moments in which it was able to maintain strong unions. The only thing has changed is that this increasingly became the reality for the middle class too. We now live in a capitalism in which the hunger for profit has become such a dominant factor that it has started eating the middle class that capitalism previously relied on for support, working more and more towards a true 99.9% vs the rich situation where everyone is exploited and deeply uncertain about their future but the science majors still think they’re a better class than the art majors and the art majors still think they’re a better class than the laborers.
