Friend #1 has
worked as a buyer at the same company for ten years. It was purchased by a huge
conglomerate and the Hayward location is being closed completely by April 1st. At age fifty, my friend was lucky. His former
boss created an opening at a different business for my friend at three-quarters
of his current pay.
Friend #2 looked
for eleven months for a position, secured it, and was successfully building a
book of business against a strong competitor. The competitor merged with her
company. There are now too many sales people for the new arrangement. A forty
year old mother of two is looking for work.
Another company
was taken over by a national competitor. Friend #3 was promised continued job
but it turns out the job is fifty miles from his house. Two of the office
locations have shut down. It looks possible that the technical division he ran
will be outsourced. He will be looking for a new career path at age
fifty-eight.
This is 2014.
According to
Forbes Magazine, “The average worker today stays at each of his or her jobs for
4.4 years, according to the most recent available data from the Bureau of Labor
Statistics, but the expected tenure of the workforce’s youngest employees is
about half that.” http://www.forbes.com/sites/jeannemeister/2012/08/14/job-hopping-is-the-new-normal-for-millennials-three-ways-to-prevent-a-human-resource-nightmare/.
NPR recently
discussed the lack of motivation in the Millennium+ generation. Why do they
need to be following the Puritanical work ethics? I grew up with my parents
working hard to get ahead. My father and mother were better off than their
parents as was I. I could build a better life.
The twenty year
olds today cannot find work even after college. They watched as their parents
purchased bad or illegal loans for their dream homes that were taken away. Many
are homeless or in rentals. Companies close at an alarming rate. Downsizing is
a business tool to stabilize expense. Job security does not exist in any field.
Even government positions go away when a City goes bankrupt. Why in the world
would you buy into—“go to college, get a good job and plan your retirement?”
You are only going to be with your next job two to five years at best.
Our world is undergoing
a monumental shift from an industrial age to information age. We are still
educating our youth that they will hold positions that my parents held. We all
know that it no longer exists but we want to believe that it is still possible.
“Do you want fries with that? Or welcome to Wal-Mart,” seems to be a likely scenario
for those of us hitting a shifting employment wall. Many of us hide our higher education achievements
because a bachelors or masters could force us out of the competition for a middle income job.
Friend #2 was
promised a compensation package that will allow her to earn a six figure
income. Once she finally met their top sales person—number one in world sales—he
told her that he had never made more than $55,000 because the commission structure
would change to limit his income. Now they both face job loss.
There are jobs out
there. Many of which were created in this century. Spending money to be
educated in a new field is an option only if you can recoup your costs within
the four and a half years you will be employed there. The younger generation
seems to be sitting on mom and dad’s couch waiting for the world to change.
Meanwhile mom and dad have side businesses ranging from make-up, to jewelry, diet
supplements, and online retailing, to make up for loss income and periods of
unemployment.
The keynote speakers
at three of college graduations I attended were—Steve Jobs, The Smothers
Brothers, and a college student that founded Togo’s Sandwiches. Not one of these people graduated from
college. If success in our current society is outside of the mainstream, then
why are we standing in the water?