Millennial Men Leave Perplexing Hole in a Hot U.S. Labor Market

[Moonpie]

What round leaves a hole in the labor market?


Keep Calm and RTFU

A round of golf?

 

[ZX9RCAM]

What round leaves a hole in the labor market?


Keep Calm and RTFU

Round at the bar...

 

[AustinN4]

That might be how you have used it, but that is certainly not how everyone uses that term round here.

How do you use it?

 

[Moonpie]

 

[TreyG-20]

I just want identify myself as a millennial who is in search of new parents whose couch I can crash on and drink their beer. I like guns and sometimes clean up after myself, but only if your really get on to me about it. Anyone looking to hire a new deadbeat son?

ETA: Sorry to interrupt the spread sheet party.

 

[toddnjoyce]

I just want identify myself as a millennial who is in search of new parents whose couch I can crash on and drink their beer. I like guns and sometimes clean up after myself, but only if your really get on to me about it. Anyone looking to hire a new deadbeat son?

No. Questions ?

 

[TreyG-20]

No. Questions ?

You're fired daddio.

 

[Moonpie]

Thats it. I quit.

 

[Gummi Bear]

I’m an electrician. I also teach at an apprenticeship school, so my perspective is a bit slanted, but here it is:


Here’s something for y’all young folks to think about.

The average age for a Journeyman Electrician in the US is 55 years old.

40% of the construction workforce is due to retire within the next 10 years.


If you get into a skilled trade, join an apprenticeship program: you can see a 100% increase in your starting wage, in 4 years or less. (This is guaranteed if you are in school)

Apprenticeship school, is often paid for by your employer, or at least part of it is (this varies from one company to another). The rest can be deducted from your paycheck. You can graduate with no debt, and get paid the whole time you are in school. The deal I had in school, was my company paid for the percentage that my grade came out to. I paid less than 10% of my tuition (if you had an A, they paid 90%, a B paid 80%, and so on)


Get your Journeyman card, show some initiative, show up on time every day, and always be willing to work overtime, I predict in the next few years, that it will be common for a good man to make 6 figures as a leader on a jobsite. Some already do.

MEP trades are, and will always be among the highest paid. There are several other specialists that can make much more (like elevator guys)



I went to the woods because I wished to live deliberately...

Henry David Thoreau

 

[benenglish]

Apprenticeship school, is often paid for by your employer,...

Here's a data point. I used to date a woman whose daughter at 16 was great at working on cars. It was really all she wanted to do. To fund her desires, she'd buy cheap junkers, fix 'em enough to make them reliable, then make a small profit selling to other high school students. I considered that especially impressive because she and her mom lived in an apartment at the time. She talked the apartment manager into letting her keep 2 extra cars in the lot as long as they weren't obviously non-functional and she was discrete with her little business. My point is that she was motivated, hard working, and knew in which direction she wanted to apply her talents. She also didn't want to go to college for a variety of reasons.

After graduating high school, she got into the BMW apprenticeship program. (A quick online search shows that entry requirements are higher now than they were back then.) She did 6 months rotating back and forth between home and their training center. The nominal cost to her of the training was $50K. If she washed out, there was no cost. If she completed training and was working at a dealership, repayment was suspended. If she completed 5 years working for the BMW dealership, the training cost was forgiven.

She was an absolute star and pulled down $60K her first year at the dealership. While that figure is second-hand from her mom, meaning I can't vouch for it, whatever money she was making was obviously quite good for a teenager 20 years ago. I know that because I saw her buy herself 2 new, top of the line Mustangs during her first 2 years at the dealership.

The only caveat I'd add is that you need more than brains and a good work ethic. You also need to be mature enough to not go nuts. If you wind up with a very good-paying job before you're 20, there's a temptation to blow the money foolishly and party too much. But that's another story.

 

[Darkpriest667]

I’m an electrician. I also teach at an apprenticeship school, so my perspective is a bit slanted, but here it is:


Here’s something for y’all young folks to think about.

The average age for a Journeyman Electrician in the US is 55 years old.

40% of the construction workforce is due to retire within the next 10 years.


If you get into a skilled trade, join an apprenticeship program: you can see a 100% increase in your starting wage, in 4 years or less. (This is guaranteed if you are in school)

Apprenticeship school, is often paid for by your employer, or at least part of it is (this varies from one company to another). The rest can be deducted from your paycheck. You can graduate with no debt, and get paid the whole time you are in school. The deal I had in school, was my company paid for the percentage that my grade came out to. I paid less than 10% of my tuition (if you had an A, they paid 90%, a B paid 80%, and so on)


Get your Journeyman card, show some initiative, show up on time every day, and always be willing to work overtime, I predict in the next few years, that it will be common for a good man to make 6 figures as a leader on a jobsite. Some already do.

MEP trades are, and will always be among the highest paid. There are several other specialists that can make much more (like elevator guys)



I went to the woods because I wished to live deliberately...

Henry David Thoreau

Sign me up I wake up at 0530 (or in today's case 0300) and I don't get out of work until after 5 .. So 12 hour days are nothing new. When I was in security I pulled 18 hour days. The problem I found when I tried to become a union carpenter or plumber was they never would take applicants and getting in was extremely difficult, mind you this was 10 years ago right before I went to college (reason I went to college is the electricians local in Amarillo refused to talk to me about apprenticeship.) I'd be more than happy to give electrician apprenticeship a try in the DFW area.

 

[Gummi Bear]

There are plenty of open shop apprenticeship programs. You don’t necessarily need to join the union. The school I teach at, also has programs for plumbing, sheet metal, welding, HVAC, and more. Apprenticeship school is in the evening, so it never interferes with your ability to earn by cutting into the work day.

The union has a good education program, and they promise young guys the moon. Not sure how that usually works out in the long run.



I went to the woods because I wished to live deliberately...

Henry David Thoreau

 

[karlac]

Sign me up I wake up at 0530 (or in today's case 0300) and I don't get out of work until after 5 .. So 12 hour days are nothing new. When I was in security I pulled 18 hour days. The problem I found when I tried to become a union carpenter or plumber was they never would take applicants and getting in was extremely difficult, mind you this was 10 years ago right before I went to college (reason I went to college is the electricians local in Amarillo refused to talk to me about apprenticeship.) I'd be more than happy to give electrician apprenticeship a try in the DFW area.

Sadly, trade unions throughout the country have been so mismanaged that they are now much more exclusive than inclusive. The biggest issue seems to be pensions funds in critical decline.

Texas is a right to work state, take advantage of it.

 

[Younggun]

Damn it. You know what pisses me off about this whole situation.

The spreadsheet joke has been twisted up in to an ignore sheet joke killing the comedy of it. And if we explain it now, the frog will die.


All of you who are killing the spreadsheet joke are going on the spreadsheet!


Sent from my iPhone using Tapatalk

 

[Southpaw]

How do you use it?

For the weird, queer and generally far out statements posted around here, but I have yet to use it to denote ignore status. I have yet to even use that feature.

 

[Davetex]

Please, let's all do our part to make sure the frog lives!!

 

[karlac]

Please, let's all do our part to make sure the frog lives!!
View attachment 153181

Yep, plunk your magic twanger forever, Froggie!!


ETA: Primed for OOCQT ...

 

[TheMailMan]

Since you guys like pictures more than reading federal budgets here's an infographic. It's put out by the CONGRESSIONAL BUDGET OFFICE. Not some fringe group. The people that actually read and make sure the budget's i's are dotted and t's are crossed.

View attachment 153124

That Darker and Dark Blue are social security and Medicare. It's MANDATORY spending.. It's money we have to spend.. get this.. not out of the trust fund, but out of the FEDERAL BUDGET COLLECTED FROM TAXES...

As for the trust fund raids. You can't blame Millennials for that one either. That was done before the majority were born with the exception of myself and a few others who were still crapping our diapers when you guys continued to vote the thieves in.


An old statute requires the Treasury to issue an annual financial statement, similar to a corporation’s annual report. The FY 2017 edition is 274 enlightening pages that the government hopes none of us will read.

Among the many tidbits, it contains a table on page 63 that reveals the net present value of the US government’s 75-year future liability for Social Security and Medicare.

That amount exceeds the net present value of the tax revenue designated to pay those benefits by $46.7 trillion. Yes, trillions. Where will this $46.7 trillion come from? We don’t know. Baby Boomers don't have to care. They will be dead before it comes due.

Trying to add them up quickly becomes an exercise in absurdity. They are so huge that it’s hard to believe the government will pay them, promises or not.

Now, I know this is going to come as a shock, but that $46.7 trillion of unfunded liabilities is pretty much a lie. Professor Larry Kotlikoff estimates the unfunded liabilities to be closer to $210 trillion.


If you ever want to get sick or make yourself want to drink you can look at the reality of our situation here. Not caused by the lazy millennials. Hell maybe we are lazy, or maybe a lot of us have just logically given up because we've literally been put in a no win situation by the baby boomers.

http://www.usdebtclock.org/

Here's the latest federal budget that was printed. 2017 should be coming in the next weeks or so.

https://www.fiscal.treasury.gov/fsr..._campaign=JM-305&utm_medium=ED&utm_source=for

Those "payroll taxes"? Those are Social Security and Medicare. Those are the only two Federal Payroll taxes.

Just like I've explained to you twice.

 

[AustinN4]

All of you who are killing the spreadsheet joke are going on the spreadsheet!

I promise to use it correctly from now on, Mr. Younggun.

 

[Moonpie]

Damn it. You know what pisses me off about this whole situation.

The spreadsheet joke has been twisted up in to an ignore sheet joke killing the comedy of it. And if we explain it now, the frog will die.


All of you who are killing the spreadsheet joke are going on the spreadsheet!


Sent from my iPhone using Tapatalk

Just for that you're on BOTH side of my spreadsheet.