Quote:
Originally Posted by giri1.8 Even in developed countries, graduates start off with such jobs until they find a well paid jobs in their respective fields, if they can't get any job after college who will pay their loans ? This seems to be a recipe for disaster for our economies.
. |
I am not quite sure whether that statement is correct. First of all, typical front and back office type of jobs have by and large been outsourced already, largely to India. Only when a bank or for instance an insurance company wants to provide customer service in its native language they would have to staff with locals. Very often in developped countries these are part time jobs, very often held by students!
The guy who came to our new home a few months ago for our broadband connection, installed the cable, routers, WiFi boosters and programmed the TV, was a law student doing this sort of installation work 1-2 days a week. It actually makes a lot of sense. Somebody who is at college/univiersity tends to be a quick learner, reasonably articulate and will leave after a few years when he or she graduates. (so you dont have to increase his/her wage to often, once left you get a new graduate on the beginning end of the salary scale. For the student its an interesting job, very independent, you get some training and a cool van to drive around in. Works for both parties.
It really depends on the field you have graduated in and whether that is in demand. Also, my own experience is that in India a lot of folks stay very close to the original field they studied and graduated in, get a first job and more or less make a career through various vertical promotions in more or less the same field. Nothing wrong with that, as it seems a lot of employers recruit for that as well. So they are looking for design manager with xx years of experience in yy discipline.
In Europe and the USA as well, you see people more weaving through very different jobs and roles. (Me being a similar case). Neither my eldest son or my daugther both with University degrees have ever held a job in their respective field. But are still doing very well career wise! Apart from my son, none of my three kids and most of their friends ever had a long term labour contract. They are always hired for a year, maybe with another extension. Was very different when I started to work. Doesnt seem to worry them at all and they still can get a mortgage. But flexibility and going from one job to the next at various employers is very much what the labour market is like these days, especially if you have a college/university degree.
Some jobs, require very specific training and or certification of course, e.g. a pilot or a surgeon or a speech and language therapist.
The one thing that is happening is that job roles are being inflated in terms of formal educational requirements. So jobs that 10 years ago were advertised as requiring a completed secondary school education, might require a college degree these days. Not quite sure why, whether that is a reflection of the labour market, or more of the recruiters? I dont know
So formal education is still important although many (western) companies these days tend to recruit for attitude rather then for formal training. So you will see jobs advertised with a requirement to have a college degree without being specific in which field. Or along lines of requiring "acadamic approach" required.
So whereas I cant say that AI is causing all of these changes in the labour and educational market it does play a role how society at large is changing rapidly.
Jeroen