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@heyimgeorgeukАй бұрын
dont
@GrayneTechnoАй бұрын
dont
@zodiacfmlАй бұрын
watching this just made me angry and ruined my day. this brings back a lot of memories as an applicant and being employed
@ryvyrАй бұрын
In mutual consideration, plenty people would watch non-adsense if placed at very front/back/both, rather than skip/click off when interrupting video 😦
@ONYX-365Ай бұрын
9:02 talks about the UK but shows a silhouette of just England 🤦🏼 Oh! North Americans & their geography skills gaps.
@Silverghost992Ай бұрын
Funny how the amount of skills you need is always increasing but the pay never increases.
@Adelina-293Ай бұрын
This 100%. More work, no pay raise.
@arvindkumarsingh3035Ай бұрын
Rise of human population. Searching for infinite growth on a finite planet. Constant comparison.
@moisesmera7913Ай бұрын
This might be the hardest comment I’ve ever seen on KZbin in my life
@DemmrirАй бұрын
@@arvindkumarsingh3035That's why the average wealth of individuals has dropped massively as the population has exploded in the last century, right?
@stevenruyf4044Ай бұрын
Nah you're just not learning valuable skills. No one is going to pay for something useless just because you added it to a resume.
@josephs3973Ай бұрын
1. Post a job with extremely high requirements and low salary. 2. Reject anyone that doesn't cover 100% 3. Use an offshore recruiter to find an H1B candidate that's close enough on paper. 4. Offer them an even lower salary, which they will be glad to take anyway. 5. Since their visa is tied to their employment, you can exploit them and they can't leave. 6. Train them all you want, they can't leave anyway. 7. Profit, profit, profit.
@toddpacker1015Ай бұрын
Here I thought they are just replacing the jobs with AI
@BoredblacksheepАй бұрын
They don't train them. They pressure them until they buy classes themselves and upskill themselves on their own time and dime so they can keep their jobs. Some of my immigrant team mates in US were treated like they were less than human.
@drez13Ай бұрын
Exactly
@toddpacker1015Ай бұрын
@@Boredblacksheep They want the migrants on Visas because they can treat them as poorly as possible and the migrant cant complain/leave
@matthewprince9705Ай бұрын
3. The Democrat Party 2024 Way...
@rudАй бұрын
The constant shortage of overqualified, underpaid workers.
@HowMoneyWorksАй бұрын
Yeah where did they all go?!
@NikitOS-vv4ksАй бұрын
Welp... who knew that people follow the money, right?
@kennethoneill4176Ай бұрын
Now there is an epidemic of highly productive employees only willing to be as productive as what they are getting paid to do.
@Daniel-ef7nkАй бұрын
Haha same with the lack of affordable housing, there is not lack of affordable housing anywhere, there is tons of old small apartments in bad communities available for sale
@kennethoneill4176Ай бұрын
@@Daniel-ef7nk that are now priced like they are in great neighborhoods. Investors are buying up this housing and pushing up the prices
@willpotter22Ай бұрын
26$/hr in 1980, is $80/hr today. How bout they fix that first??
@thehonesttruth8808Ай бұрын
And what was the minimum Wage then?
@willpotter22Ай бұрын
@@thehonesttruth8808 $3.10 was the minimum wage in 1980, the buying power of that wage was $11.72
@mattjessup8376Ай бұрын
In 1985 I worked in a unionized grocery store making $12.55 an hour plus medical and a retirement package-minimum wage $3.25. Today, the wage is $5.00 over minimum wage and the benefits are half of what they were, especially the retirement package.
@willpotter22Ай бұрын
@@mattjessup8376 yeah the 80’s was a time of screwing over labor and everyday working people. Democrats haven’t done enough to get back to where we were before then.
@aguy559Ай бұрын
Yes, but how?
@Zer0masАй бұрын
I was once turned down for a job because I didn't have 5 years of experience with a product that had been available for about 6 months
@Dre2Dee2Ай бұрын
No, that was because you failed the drug test
@ma.2089Ай бұрын
@@Dre2Dee2 you like to get stepped on, huh?
@PARTYMONST3RxxАй бұрын
You didnt have 5 years of experience with a similar product boom done
@DkKomboАй бұрын
@Dre2Dee2 No, its because of what he said. Theres living proof of this. Someone made a coding language that was just made, went and applied for a job with that language, and was rejected because they needed 3 years in it. THIS DUDE MADE THE LANGUAGE BTW
@orphanedhanyouАй бұрын
That's usually just an HR job description issue because they have no idea what the jobs in the company actually do
@jileskorey1105Ай бұрын
These employers don't view applicants as investments to train, but expect pre-made, replaceable cogs to slot in a machine.
@EvenTheDogAgreesАй бұрын
Then again, it's not like workers build their entire careers at one company, like they used to. We got savvy, we learned that the best way to get a raise is to change employers every 3 years or so. Especially at the start of your career. And while that's a problem the employers are entirely responsible for creating by focusing on acquiring skilled workers over retaining the ones they got by offering them better conditions, it's also what disincentivises them to "invest" in "talent".
@shadow7988Ай бұрын
@@EvenTheDogAgrees they didn't need the incentive, this has been a problem for decades. the reason this happened is because of H1B visas giving companies access to 'skilled' workers from abroad that take way less pay and benefits. This is why all American tech giants got taken over by India.
@TurKishsouljaАй бұрын
what happens when you invest money to train an employee up over a year and they just leave?
@TookAHikeNowWhatАй бұрын
@@TurKishsoulja Exactly. Everything is a 2way street. An exercise in trust; "social contract" between employees and employers. If anyone will take the pain and invoke change, I think it would be massive corporations. If they set the tone then the rest of a market will adjust.
@duckymomo7935Ай бұрын
Tbf company loyalty is dead but that’s also because job security is also dead
@KennTollensАй бұрын
They will pay billions on ads, but nothing to train employees to make the products.
@RajeshammmАй бұрын
What is your skill set
@Dre2Dee2Ай бұрын
because advertisements make more sales, training employees is just a useless money pit
@KennTollensАй бұрын
@@Dre2Dee2 Yeah, they don't want train another employer's employee, but that other employer can pay for it.
@jimbaxter8488Ай бұрын
Who’s ‘they’? Only the top less than 1% of corporations operate like that. 99.9% of regular corporations and small businesses train their employees.
@JasonRobards2Ай бұрын
@@jimbaxter8488 Worked as an engineer. Training consists of doing the shit assignments the seniors do not like doing. I've seen freshly graduated engineers being sent to the customer while they had still no business being there. If/When they made a mess, the senior could show up as the big savior and the young engineer was given a second chance. He gladly took any shit assignment after that. Consultancy is a nasty business.
@SuzuNoUtaTXАй бұрын
If they can’t find the skills, they should help build the skills, anything else is an excuse.
@DKNguyen3.1415Ай бұрын
Managers love to talk about victim mentality of their employees but not themselves.
@blahblahblah-uw4ufАй бұрын
Exactly. But none of them want to train new employees or they don’t know how to train them. They expect the new employee to join the company and immediately know all the processes.
@blahblahblah-uw4ufАй бұрын
@@DKNguyen3.1415 They are truly some of the most pathetic people in the workforce.
@TheSmark666Ай бұрын
But then they can't offer at-will employment :(
@FaustsKanaalАй бұрын
Thats easy to say, as an employee. I have had to train people who work for me, and sometimes (often) the investment is just not worth it. Would take several years to train someone to become proficient, which costs a lot of time and money, whereas if I have someone who just has the skills, I can go 100% without all that time lost. Plus, when you do succeed in training them, they often leave and start their own business. I mean that's what I did with my last employer.
@padiau78Ай бұрын
I was a chef back in the year 2000 but developed software in my spare time. I decided I want to work in IT and multiple companies offered me jobs despite not having any formal qualification. The offered to provide training themselves and pay for courses up to one day a week. That's because there was a REAL skills shortage in IT back then. Compare that to today where large tech companies are laying off tens of thousands of software engineers while at the same time complaining about not finding enough skilled and experienced AI engineers on the market.
@zarroth21 күн бұрын
considering the gap in what corporate overlords THINK AI is and can do, vs. what is actually is and can do....a lot of them are going to lose their hats on this race. I'm looking forward to them being humbled, yet again. Modern CTO's are morons.
@ccubsfan9419 күн бұрын
Really brings the "learn to code" controversey full circle
@AprilFriday-de6vmАй бұрын
I work in a supposed “shortage” field. Yeah, no. There are a lot of qualified potential employees who are staying home with their kids instead. Because we require a rigorous, full-time, 12 quarter masters degree as entry level, but jobs start at $42,000. That’s not a worker shortage. It’s a realistic thinking shortage.
@blahblahblah-uw4ufАй бұрын
“Can’t get the people they need” = I don’t want to pay a competitive or living wage for my workers. I expect servants to live on ramen with 5 roommates. And they want the worker with 5+ years of experience to take a 20-30% pay cut to work at their trash company.
@winstonsmith6204Ай бұрын
Pull yer self up by yer bootstraps
@slimjim2584Ай бұрын
They are spoiled since 2007 where there was an entire class of people with decades of experience willing to take pay cuts. That period lasted until the pandemic and society has suffered for it.
@genres381Ай бұрын
@@winstonsmith6204 Phrase "Pulling yourself up by bootstraps" was first sarcastically meant something impossible to do because it's physically impossible
@LastDays77Ай бұрын
Amen
@Adelina-293Ай бұрын
Just work harder sonny!!!!!!! 5 years of experience with a software program that's only been around for 2 is reasonable.
@jeffreynicol8287Ай бұрын
Companies just want employees with a Masters degree and 10years experience while paying them $10.25 an hour.
@jasonfromguitarcenterАй бұрын
Private Companies Can Do Whatever The Fuck They Want
@BluelimesuxcomАй бұрын
@@jasonfromguitarcenter the same is true for us 👍
@jasonfromguitarcenterАй бұрын
@@kimilsungthefirst6840 Socialism Can’t Happen When Everyone Fucking Rejects That Shit
@GameFuMasterАй бұрын
@@kimilsungthefirst6840 yeah, and then everyone will experience food shortages like during Corona but long term. People can't even handle democracy properly, what makes you think socialism is any solution.
@idkmybffjill9682Ай бұрын
McDonald’s is hiring at $12 with no job experience necessary. You’re lying
@WillMoonАй бұрын
Back in "the day", companies used to take bright and smart people and, using some of their corporate profits pay for their college and training with a agreed upon term of employment so that they could have the employees they needed for a reasonable length of time. These days, companies funnel all of their money into stock buybacks and dividend payments to shareholders and then say they're constantly hiring so they look like their businesses are growing, which looks better to retail investors.
@GameFuMasterАй бұрын
the biggest problem to me is stock trading. It's really just moving money around and yet that's supposed to be value?
@idkmybffjill9682Ай бұрын
Completely unrelated points with no coherent connections
@commonsay4191Ай бұрын
Back in the day we had capitalism, now we have... something else.
@levigoodwin3522Ай бұрын
@@commonsay4191The way I see it, big business better knock it off with the shenanigans or there is going to be a huge societal correction that will probably make all parties worse off afterward.
@dsjgfxxkhrx4050Ай бұрын
super capitalism thats just what happens when growth keeps going unchecked @@commonsay4191
@Jayraymond897Ай бұрын
Its worse here, our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.
@Katherina8948Ай бұрын
People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.
@JateStonesАй бұрын
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
@Dylancool8048Ай бұрын
Spot on. The market presents different. opportunities to create passive Income, with the right skill and proper understanding you're good to go.
@Watersbill89Ай бұрын
I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!
@JateStonesАй бұрын
I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $650k passively by just investing through an advisor, and I don't have to do much work. Inflation or no inflation, my finances remain secure. So I really don't blame people who panic.
@frrcapАй бұрын
There are many comments so perhaps this point has been made already, but at 6:29 the statement “there is not a skills shortage, just a shortage of people willing to do difficult jobs for bad pay” sums it up. My university course was Chemical Engineering. I work in Finance because it allows me to do a less difficult job for more pay. Unless the work is fulfilling in a non-monetary way, it is unlikely anyone would choose a lower paying job. Dyson in the UK is famous for complaining about a shortage of Engineers. There is no shortage of Engineers (and Mathematicians and Physicists for that matter) in Finance because there is better pay there. Pay Engineers to do engineering jobs better and the shortage will disappear.
@ak565927 күн бұрын
I left teaching for a field that pays three quarters of my teacher salary for less than one quarter of the work.... And since Covid I do 90% of it at home online.
@brunocarvalho6632Ай бұрын
Why can't find a enginner programmer that will develop my entire factory automated system for 5 dollars/hour? What a fucking mystery.
@ThesakuraharonaАй бұрын
You me 0.50 cents/hour?
@gerekgerek9042Ай бұрын
Gave me flashbacks, dont forget they want it done in 4 months and no what do you mean when you ask how well do we know our process?
@JasonRobards2Ай бұрын
Bonus points if you have to come in to replace a self taught technician and have to start at the same pay level as he did when he first started out.
@denisl2760Ай бұрын
@@JasonRobards2 Bonus points if you come in to replace an 80 year old who build everything from the ground up in the 80s, didn't teach anyone anything, didn't document anything properly, and you have to decipher handwritten notes and giant birdnests of wires.
@JasonRobards2Ай бұрын
@@denisl2760 Indeed. And somehow higher management expects you to fix the mess, bring their company to the next level and to accomplish this without bruising this guy's ego. And because it wouldn't be fair to everybody else in the company, you are given the role/title (and pay, and "right" to speak up in meetings, and introductions) of the old guy when he started out. Because YOU have to still prove yourself. Especially the introductions... I love nothing more than having to talk to introduce myself to a division manager at the time of an emergency. Because nobody thought the guy who had to run things was important enough to include in the meetings.
@JoelReidАй бұрын
If a company cared about skills they would pay for training. Reality is that they do not want to invest their own money in their own future, they would rather someone else pay for it.
@sg5sdАй бұрын
This
@eile4219Ай бұрын
because people left after 1 year or less. That's why they don't pay for training anymore. I think they can sign contract to force people to stay for 5 years or more, they would provide training. Big teches like Amazon, people mostly stay for 3 to 4 years because their RSU is 5% first year, 15% 2nd year, then 40%, 40%
@ezbgАй бұрын
That’s the problem everyone wanted someone else to do it.. It sucks
@asdfqwerty14587Ай бұрын
@@eile4219 Those kinds of long term contracts don't really have any good way of being implemented. I mean, if someone wants to leave a company, even if there's a contract that says they have to work for the company for X amount of time, there's no realistic way to stop them from being lazy and not doing their job properly until the company decides to fire them.. so any form of trying to legally enforce that someone stays at a company doesn't really work that well.
@JasonRobards2Ай бұрын
"Skills Gap" also enables consultancy firms (as in: engineering consultancy firms, aka temp agencies for engineers) to raise their prices to their customers while neglecting to train and support the employees they rent out to those customers. Any time their employee does a fuck up with their customer, those companies can just shift the blame with "it is difficult to find the right profiles" rather than admit they sent out the employee without proper training.
@Gamer8585Ай бұрын
Businesses: Demand more qualifications than the CEO, pay less than the janitor. Also Businesses: We can't find anyone for our jobs!
@traskthАй бұрын
Again, also businesses: weve got to "import" workers to fill these jobs that noone wants domestically and they will be model employees because they will do whatever we ask them and wont complain about this myth that is low pay
@JasonRobards2Ай бұрын
Some listings for programming jobs are just insane. At one such company I once applied for the one with the fewest requirements without reading too deeply into the job description. I got a invitation for a teams call. Turns out the job was for management supervisor. Not for team manager, but for his superior. I am not kidding. This was for a company that uniquely supplies programmers to the government. Each position has 15+ requirements. For that one position, I think Jira was the only hard skill. The other 5 requirements were soft skills. But, since I was unskilled in Jira, they decided I was not a good fit for the position.
@NotYoutube-cp3qgАй бұрын
Simple.. Business owners don't want you to be rich or retire faster
@Adelina-293Ай бұрын
My favorite is 5 years of experience with a software program that's existed for only 2.
@BrunoOliveira-xn7yrАй бұрын
Companies: you should not only care about the money! It's about the challenges and personal growth!
@josephm5813Ай бұрын
I was literally told that I was overqualified for a position as a tear down mechanic in a junkyard because I had an ASE certificate (and some shop experience) while the posting said "no experience required but experience and CERTIFICATIONS are a plus " And mind you the only questions that I was asked was "where am I from and where do I live?" And all the sudden I was over qualified...... I used to work for a Fine dine restaurant as a pastry cook/prep and when I asked after 2 and a 1/2 years of working with the same starting salary for a raise I was literally told "WHY Bother if we can just hire someone else for half the price?" I was getting paid 18/hr and this was in 2022
@thehonesttruth8808Ай бұрын
You have to be realistic with the market…if you could get a better deal, you would take it…the employer is no different
@mustardbackpackАй бұрын
This is very prevalent in Canada. We have something called a LMIA, or Labor market impact assessment, which is the approval program to hire a foreign worker if you can't hire anyone locally. Thing is, there's very little scrutiny from the government, and with a 97% approval rate, employers can very easily bypass hiring a Canadian citizen. This has led to the program being taken advantage of, and scammed by employers, to the point foreigners are actually paying for the job, in the tens of thousands of dollars, just to get them into Canada and a pathway to citizenship. And it's not just for skilled workers, it's available for low wage, low skilled jobs. Many times the employee is tied to the job, which opens them up for exploitation, and has even resulted in a UN report claiming the program is "a breeding ground for contemporary forms of slavery". Despite this, and our unemployment rate increasing, the government has made no significant changes.
@sotch2271Ай бұрын
No worry, one millions per year is surely good, all the media kept telling that for decades
@abm672Ай бұрын
Time to vote for somebody else
@denisl2760Ай бұрын
and of course it drives down average wages for citizens
@kaijuultimax9407Ай бұрын
It's all a lie, as one of the overqualified applicants who is willing to take that steep paycut just so I can have a paycheck at all, they are not interested in even getting a good deal out of a worker. They simply don't want to hire anyone, they simply want to claim the tax breaks and private investments associated with having a bunch of open job listings. Them recycling the "skills gap" excuse is just a sign that they're running out of excuses for this unhinged behavior.
@idkmybffjill9682Ай бұрын
There are no tax breaks for having a job opening. Why lie?
@RealHomeRecordingАй бұрын
@@idkmybffjill9682cheaper labor through H1B Visa workers is the "tax break"
@HH-le1viАй бұрын
There's no tax breaks for a job opening. They only get a tax deduction for actual payroll employees. Stop spreading lies.
@tomyoung8563Ай бұрын
They want to replace high skilled workers with low wage and semi skilled immigrants
@trickslies844Ай бұрын
Curious, what are your qualifications?
@Hondavid.Ай бұрын
Literally taking the phrase "skill issue" but somehow increasing the smarminess and self-righteousness. Oh you can't make a living because greedy corporations don't want to compensate you for the skill you actually have? Skill issue, go get a 4 year degree and go 150k in debt to sit in a cubicle and get layedoff when we want to make our earnings look better
@ArkansanPartisanАй бұрын
I live near Bentonville, home of Walmart. they do layoffs basically annually.
@Hession0DrashaАй бұрын
They also refuse to train anyone themselves
@idkmybffjill9682Ай бұрын
lol a hit dog hollers. I have a skill so I’m doing fine
@GoofyPilledАй бұрын
@@idkmybffjill9682for now 😂
@c182SkylaneRGАй бұрын
@@Hession0Drasha Skill issue. Food Stamps are there for a reason. We don't need to pay for your food _and_ your housing.
@laughinggiraffe9176Ай бұрын
Name a single time in history in which employers said “wow, this generation of workers is really great. I couldn’t ask for more at such a reasonable wage”. It doesn’t matter how many hours they work, how highly trained they are, or how low their wages are, employers will always look for better employees at even lower wages. If they are given too much, managing will become easier, and people who aren’t even great at managing will be able to survive as managers. If there was a genuine skills gap industry groups would get together and create more of their own training and certificate programs.
@skyblazeeternoАй бұрын
THIS. I'm nearly 60 and in the UK and I recall whinging employers bleat in the 80s that they couldn't find good candidates when we had record unemployment levels. Employers talk shit
@didi7074Ай бұрын
They are mad they are legally forced to pay us and not make us work for free. Slavery never ended, it's just more hidden.
@Stszelec01Ай бұрын
This sounds like soome commie propaganda
@BrunoOliveira-xn7yrАй бұрын
capitalism has roots in slavery, so no surprise here... the capitalists (employers in this case) don't want you to have a good life, they want you to give them money and with this ever more short goal oriented corporate landscape, they're more than willing to pay you less than you need to survive, or pay you at all, if you're generating profit to them... and if we don't vote right even the thin safety net that governments provide will be broken... Companies don't care any more than they're obligated to about their workers...
@CreationweekАй бұрын
My dad used to tell me stories about his grandad who owned a factory. Dad used to say how g.grandpa would bail his workers out of jail and haul them in for work. Something about if you take care of your employees they will take care of you.
@robertpritchard9962Ай бұрын
Years ago my dad was an accountant and he had a client who owned a factory in China (or something like that), who was complaining that the workers in this factory were willing to quit and go work at the factory across the street for a raise of 10 yuan (or whatever) per hour, which, the client stressed, was a negligible amount; it was ridiculous to switch jobs over a raise so small. My dad said, "Another way of saying that is that you're willing to let them leave rather than pay them an extra 10 yuan per hour." And the client replies, "An extra 10 yuans per hour, that's a lot of money, we can't afford that!" (My own contribution, 20 years later: if someone tries to suggest that a minimal sum to the worker may become, multiplied by the number of workers, a significant expense to to the factory-owner, my dad could say, "You should ask the factory across the street how they're able to do it."
@dheemanrajkhowa2866Ай бұрын
At least in the West things will never degenerate down to the level of a Chinese factory level of exploitation. I hope.
@hermitxIIIАй бұрын
@@dheemanrajkhowa2866 Before the end of the century I'm willing to bet that it will.
@RedBeardDogАй бұрын
@@dheemanrajkhowa2866 In Italy, summer of 2024. Dior was caught bringing migrants and commiting multiple labor violations to produce handbags at the price of 53euros and sell them for thousands of euros. The exloitaition if wasn't always here, it is now.
@ak565927 күн бұрын
Exactly. If you can't retain employees the total compensation package is insufficient for the job and working conditions. No amount of excuses and self-satisfied smarm will change that.
@summerwind459024 күн бұрын
@@dheemanrajkhowa2866challenge accepted
@michaelandrenio993Ай бұрын
Honestly our government has no idea how people are suffering these days. I much feel sorry for the disabled people who don’t get the help they deserve
@lasvegasluca9509Ай бұрын
Investing in alternate income streams should be the top priority for everyone right now especially given the global economic crisis we are currently experiencing. Stocks, gold, silver and virtual currencies are still attractive investments at the moment.
@popsarah7805Ай бұрын
You’re correct I make a lot of money without relying on the government. Investing in stocks and digital currencies is beneficial at the moment.
@MagarethWoodsАй бұрын
I'm from Australia I’d like to invest, where do I start from?
@samanthadonaldson2246Ай бұрын
Kate Mellon Bruce is not just my family’s financial advisor, she’s a licensed and FINRA agent who other families in the US employs her services
@samanthadonaldson2246Ай бұрын
She's active on face book @
@Mcree114Ай бұрын
Useless and clueless HR managers with MBAs assuming "derp derp making computer work means coding like the haxors in the movies" make insane requirements for entry level help desk like years of coding experience which is insane. People think you could sit a Google dev in front of a Cisco Router/Switch console and they'll just magically know what to do because "they do the computer stuff".
@swagmuffin9000Ай бұрын
Can confirm. Did some networking for a bit, but don't ask me to build a GUI for anything.
@idkmybffjill9682Ай бұрын
Do you usually assume people with way more education are dumber than you?
@traolin5877Ай бұрын
@@idkmybffjill9682 yea
@devinmcmanusАй бұрын
That's like asking a chemical engineer why they don't know how to operate a locomotive - they're both engineers, right?
@WowzersFunАй бұрын
When I was a help desk technician, my coworker was taking his masters in computer science. He was horrible at troubleshooting level 1 tier. He's the type to think the cpu is the whole motherboard
@hmr1122Ай бұрын
This is so true. When I was applying for multiple jobs as a machinist I was told that welding certification despite the job not requiring one and they tried to brutally lowball me. Another one required a forklift certification I firgot to put into my CV, after I told them I do have one I got the "we will call you back" line. They want to pad their bottom line with disgusting tactics that shouldn't be legal.
@Toastcat890Ай бұрын
And here people have been saying the trades are where all the jobs are.
@handlesrstupid123Ай бұрын
@@Toastcat890 there is jobs they just pay lower than unskilled production work but you can work a 100hrs a week to make up for that
@hermitxIIIАй бұрын
@@Toastcat890 McDonald's will pay you more than an apprentice makes.
@oneproudbrowncoatАй бұрын
@hmr1122 Yeah, where was this? Sounds phony.
@zackeryhardy9504Ай бұрын
You are applying in the wrong places. Machinists are hard to come by and honestly machinists make better engineers than engineers since you actually understand how things are made and the tolerances involved. Stay away from the actual machine shops for anything other than gaining experience. Look for small to medium sized companies that are not directly machine shops looking for a machinist. Stay away from any corporatized place and look for the strange and weird industries. The stranger the industry the better. For example I work in the piano industry. There are basicly no places that actually teach piano building in the US and the one place in germany teaches traditional methods without teaching how to revolutionize. As such the industry essentially trains internally as a basic requirement. What worked well for us was to hire machinists and train them to be engineers. Engineers can design well, but cannot build worth a darn and often don't understand what is possible with what processes. For example if you have an old worn out bridge port and don't do enough milling to justify replacing it, it isn't going to be replaced. Which is why its a problem when an engineer designs something at a tolerance that are beyond the capability of the machine. Essentially you want to look for something along those lines. Something out of left field that no one things about and look for a small company that is doing well and obviously in your area if possible. With housing where it is, obviously movement is limited.
@DemmrirАй бұрын
Same energy as "no one wants to work anymore!" If no one wants to work for you, the problem is you/what you're paying/what you demand in return.
@wesnohathas1993Ай бұрын
Companies complaining they can't find any qualified workers is like saying there's nothing to eat while standing in front of a buffet.
@Dre2Dee2Ай бұрын
Same energy as "No one is hiring anymore!" If no one wants to work with you, the problem is you/what you're offering/how much you want for it
@brianthatweirdbarberguyАй бұрын
@@Dre2Dee2that would be true if we had 0 percent unemployment or close to it. the original comment is correct, yours is a deflection
@JasonRobards2Ай бұрын
An employer claiming no one wants to work anymore has the same big d!ck energy as an incel.
@fmachine86Ай бұрын
They will never stop pissing on your head and telling you it’s raining.
@sickpuppy575Ай бұрын
More like they gaslight you and tell you it's not raining.
@jordanmatthew6315Ай бұрын
In a nutshell: Fortune 500 Companies: "Give me your strongest, cheapest skilled worker" GOV.: "Best i can do is foreign employees" Fortune 500 Companies: "I will take it, preferably illegal and free with no ability to read and write; thank you."
@davianoinglesias5030Ай бұрын
Company : We have a skills gap. Nobody : Ok, tell us the skills you are looking for and how much you are paying for it. Company : Look!👉🏽a squirrel 🐿️ 🐿️
@idkmybffjill9682Ай бұрын
Spend more than 6 weeks getting a certificate, getting an actual degree will help
@sugasweet435Ай бұрын
@@idkmybffjill9682ah yes, get a degree instead of a certificate. Oh, you got a degree? Maybe you should have gotten a less useless degree🤡🤡
@allthe1Ай бұрын
They're willing to pay for a paper, but not for actual, concrete, profitable labour
@CyrilCommandoАй бұрын
@@idkmybffjill9682 College tuition cost for a job that pays 40k a year is a horrible investment. Hiring managers need to adapt to the times.
@KoboldAdvocateАй бұрын
Is the squirrel purple?
@alansewell7810Ай бұрын
In IT, employers lay off their experienced staff, who know the business and its systems, in waves of cost-cutting, then complain they can't hire anybody new who'll work for less money who has the skills of the people they let go. Then they'll farm out the work to an H1-B visa outsourcer
@andrewsnyder9262Ай бұрын
They even put non visa immigrants on payroll.
@JimmyLeeJrАй бұрын
@@andrewsnyder9262 Minneapolis just hired a police officer who isn't even a US citizen. Imagine getting arrested by a foreigner in your own country. Only in America, and ancient Rome when it was collapsing due to runaway usury.
@General1CalАй бұрын
I personally don't trust any college in China, India, it seems like they just get their diploma from a Crackerjack, yet they are taking US jobs.
@andrewsnyder9262Ай бұрын
@@JimmyLeeJr that is wild. It’s everywhere now. I have worked with many of them in oil and gas and my wife worked with some in a professional office setting. And I mean the type that would get sent back if they were caught or pulled over.
@TransConBrillianceАй бұрын
That's bs. I have a team of tech experts but the entire team suffers when we're down 1-2 members. We have specific needs. For example we need a dedicated oracle dba. Just because half the team are devs doesn't mean they can be oracle dbas. If America would stop sucking in math maybe they can learn to be a DBA in high school and stop going out into the world with no skills. My team can't keep working 70 hr work weeks too support the projects. I have the funding but no competent candidates. I have people sending me resumes with the nerve to apply when the only technical skill on the resume is excel. Wth?
@enonknives5449Ай бұрын
You can't hire skills; you can only hire people. Given the choice between training a good person to do the job, or going bankrupt, the vast majority of companies would choose to go bankrupt. They aren't even trying to succeed; they are just trying to justify their failure.
@samithajayasingheАй бұрын
Comments like this are exactly why I consider some channels' KZbin comment sections a good source of wisdom 👍
@manoftomorrow5987Ай бұрын
@@samithajayasinghemy thoughts exactly. Smh. He read this back and clicked “post”
@cpK054LАй бұрын
You realize a grand majority of companies are actually zombie companies right?
@noneofyourbusiness4830Ай бұрын
@@cpK054LGrand majority? Where did you get that info?
@carlthecavemanАй бұрын
We've been shorthanded for years and my CEO said something about just not being able to find qualified people. I asked him what kind of space shuttle driver, former Air Force one pilot he thought was going to pack it out to the boonies to work for a quarter of the industry rate and after the initial offense passed he had a bunch of questions, gave the handful of us that have been carrying the company a huge raise, and miraculously some qualified people came out of the woodwork.
@AsThePokeballTurnsАй бұрын
Reminds me of how I recently applied for a job where I had all the skills needed, but only lacked a higher degree. When I asked what getting the degree would give me that I don't already posses or shared, the hiring manager said it was only a requirement and didn't really affect doing the job. Applying for jobs is such a PITA at times.
@ak565927 күн бұрын
That happened to a friend of mine. He's a journalist with literally hundreds of articles published in mags like Atlantic, New Yorker, etc. He also has a world-wide recognized certificate in teaching ESL. He can't even get a job as an ESL tutor, not teacher, tutor because he doesn't have a degree. He's now working on his third book, lol.
@josemfernandeza5979Ай бұрын
Went to college, graduated, no job offerings. Go back to college, get a master's, still no job offerings. "But we have a skill shortage!"
@toddpacker1015Ай бұрын
You have a skills gap brother... who you know inside the company
@MamaazhiiweАй бұрын
Everyone complained when my sister-in-law told my niece that it was more important to be popular than smart. I knew she was actually right. Social networking is far more important to your future success than the skills you bring to the table. With all of the degrees that I have will never make up for the people I don't know.
@jamiehartman3350Ай бұрын
@@Mamaazhiiwehigh school never ends.
@hermitxIIIАй бұрын
I have an EET degree, and the problem is every company seems to want you to have experience with specific machines. How could I possibly have experience with something I am not even allowed to work on without certification, and the only way to get said certification is through the company I am trying to apply for?
@josemfernandeza5979Ай бұрын
@@Mamaazhiiwe Yep. Which makes it so much worse for introverted people like me.
@bradyroberson4910Ай бұрын
As someone looking for another position, this has been infuriating. It's like all companies just assume that you cannot learn anything. I understand that there are some careers that require certifications, certain schooling, etc.. but asking for 5+ years of experience for many of these entry level/midlevel jobs just boggles my mind.
@GrimmlockedАй бұрын
I love when tech companies ask for 5-10 years of experience in programs that are 2-3 years old
@colourfasttАй бұрын
That's been going on for at least 30 years.
@toddpacker1015Ай бұрын
That's what I'm saying the work entry level workers do doesnt even matter
@JimmyLeeJrАй бұрын
The problem is two-fold. 1. The company is genuinely trying to hire capable talent who will work for pennies. 2. The vast majority who they hire for pennies are barely worth the pennies. I'm not sure your experience level, but ask yourself. Do you see that in corporate teams there is usually one capable person carrying a bunch of do-nothings and know-nothings? And they're begging to get some compensation for this effort? Ahh, then what I speak of is true.
@manoftomorrow5987Ай бұрын
Nothing is wrong with that. There are people looking to change jobs that have had experience in with a previous employer with the same role. When you critically think through the “requirements” you’d realize that everyone is on the job market…not just those who finished school or looking to switch careers.
@mattdeblassmusicАй бұрын
Your last few videos have been enlightening and kinda depressing. After my journalism career fizzled out I went back to school in my 40s to finish my long-delayed bachelor's degree, hoping it would open some doors for a career change. It's been 9 months and haven't gotten anything except for automated rejection emails.
@idkmybffjill9682Ай бұрын
College in your 40s…
@AndyWarhole-w7qАй бұрын
In your 40’s no white collar job will get you on entry level, even with brand new degree. Go trades, get certificates, land a union job.
@andaddplusАй бұрын
consider voting MAGA trump will stop whoever who steals your job
@mattdeblassmusicАй бұрын
I’ve thought about it. My hands are pretty messed up from the manual labor jobs I did after I lost my office job, but there’s gotta be something a 48-year-old can do, right?
@andaddplusАй бұрын
@@mattdeblassmusic vote Trump support MAGA
@bmyers7078Ай бұрын
~3:00. In the 1990’s my Mom briefly worked for a tutoring agency. They only hired people with Master’s degrees. They also only paid minimum wage.
@shikharrajeАй бұрын
The double rainbow at 0:29 was unexpected and hilarious. It's also nice to see the progress you've made on animation! Being one of the earlier (
@Shm00lyАй бұрын
He’s closed the skills gap! ;)
@BoydGilbreathАй бұрын
A very old trick. Advertise jobs, hire no one, complain people don't want to work
@iTzDritteАй бұрын
6:47 Way too many kids got told to study Computer Science and are meeting a cruel reality where too many people followed the advice.
@fictionaddiction4706Ай бұрын
Okay will someone please say which job skill is required and not oversaturated now.
@iTzDritteАй бұрын
@@fictionaddiction4706 I kid you not, the answer you’re looking for is packaging science. It’ll never be over-saturated, it’s immune to recessions, and no one thinks about it, but the economy 100% runs on packaging.
@KeithTurbo-ny8lzАй бұрын
@@fictionaddiction4706 By the time you hear about it, it's already too late.
@cpK054LАй бұрын
That's because a lot of idiots don't know what computer science is and got straight scammed because CS degrees are a foundational major not a skills major
@terrablaze3387Ай бұрын
@@fictionaddiction4706 Then the second you try to train for that job it got oversaturated. Such is life in this modern society.
@marcus_b1Ай бұрын
Made a comment on the last video about this. Training definitely NEEDS to be done domestically as a PRIMARY solution, not filled via immigration as the primary solution.
@HowMoneyWorksАй бұрын
Yeah, but that's hard... To be fair, I totally agree generally but the counter argument is that we need skills NOW not in 3-5 years when people have had time to learn.
@marcus_b1Ай бұрын
@@HowMoneyWorksThat's true but like the old saying goes; "You bite the bullet now, or bite it later". I wrote a detailed paper on immigration back in 2005 and we are in fact biting the bullet now more and more. HVAC for example is a 6-9 month program. Plumbing is a 3 month program. Welding is about a 3 month program. Carpentry, I'm not sure. Electrician takes the longest which is about 24 months overall for a "degree" program. Truck driving classes can be as short as 1 month. The list goes on. The "skilled labor" of migrants can't even be confirmed and based on build quality if you just look at the residential housing market as an example, shows that it's not true. A country is stronger when it relies on the strengths of the country's men and women, not immigration. The current trajectory will ultimately show a reversal of workplace labor laws, decreased pay, and continued degrading of worker rights that citizens have fought for over the past century.
@andaddplusАй бұрын
sounds like some alt-right talk to me
@andaddplusАй бұрын
@@HowMoneyWorks racist
@setop123Ай бұрын
@@andaddplus you sounds like some uneducated npc to me
@titolovely8237Ай бұрын
job posting that says "needs to have 5 years experience with software" (that came out 2 years ago)
@IsaacDozier1Ай бұрын
$15 per hour to designed & engineer trusses... That's not a skill issue, that's a pay issue.
@jotajmgАй бұрын
can't get the people they need = they are unwilling to train people to do the job + they want someone to accept a lower wage due to despair. Edit:...and the desperate people who do not have the training to do the job but lied their way into the job (or are nepobabies) and learned how to do the job when challenged with the tasks given while working .... when it was learned what needs to be learned, then thats now called experience... now that is an employee with experience.
@skyblazeeternoАй бұрын
They live high unemployment and mass immigration as it gives them desperate candidates
@BossItUp911Ай бұрын
when you don't hire people for the business you don't have the balls to start, do you take these kinds of gambles, hoping people will pan out after you train them?
@skyblazeeternoАй бұрын
@@BossItUp911 capitalism involves risk to the capitalist BUT nearly every employment law favours the capitalist. You talk as if employees are being trained when they are not
@jotajmgАй бұрын
@@BossItUp911 maybe that is in your working field and in your country ... but, there are many kinds of jobs that no college degree or community college degree prepares you for in which companies do train their employees, there are many countries around the globe in which companies do train their employees... but that is something that with every passing year is harder to find... why? Because companies as well as economy are in crisis worldwide and they are now cutting corners for the worst that is about to come.... they are bracing for impact ... specially in the IT business which was growing since the 90's and its growth exploded during covid 19 years... now the bill is due and the hefty price needs to be paid.
@PhillKaggitzАй бұрын
I met a girl from Mexico at my job that is working in the US with a work visa. She told me she doesn’t do anything at work because there are 4 Indians that want to go out with her so they take care of her job responsibilities. She makes more money than me.
@jamiehartman3350Ай бұрын
Shes doing the oldest profession in the world lol
@Doors067Ай бұрын
Work harder not smarter
@alansewell7810Ай бұрын
I remember working for a client in Canada that needed an IT employee. They were supposed to hire Canadians first, but laughed about how they over-qualified the position because they needed to bring in someone from overseas who'd work for less money. Of course, the over-qualifications were only used to keep Canadians from being considered for the position, so they could bring in the foreign person (India or Bangladesh) to work for a fraction of the money. I've consulted for American companies who dumped their IT people overboard in order to hand off their work to Indians on H1-B visas.
@langhamp8912Ай бұрын
That's the free market system, right? Like if you have strong borders, then if you're a corporation it makes perfect sense to hire cheaper labor. Labor moves to where it is more valued, while industry moves to where labor is cheaper.
@TheSwedishHistorianАй бұрын
straight evil
@alansewell7810Ай бұрын
@@langhamp8912 Labor was cheaper before the slaves were emancipated. Why don't we bring that back?
@bilalafzal7442Ай бұрын
@@alansewell7810 you're saying like that doesn't exist in America, prison labour is a thing.
@alansewell7810Ай бұрын
@@bilalafzal7442 Well don't you know That's the sound of the men Working on the chain gang [song of that name by Sam Cooke] That's the sound of the men Working on the chain gang All day long they're singing, mm huh ah My, my, my, my, my, my, my, my work is so hard huh ah Gimme water, I'm thirsty, my, my work is so hard huh ah Woah oh, y, my, my, my, my, my, my My work is so hard huh ah
@Kasman-r8oАй бұрын
They want slave or very low paying workers, that's why they always say the hired everyone but in truth it's just slavery in the end
@NickNabАй бұрын
I hear every now and then about someone who has one of those decently-paying faceless desk jobs in a cubicle where they just redirect a couple emails a day and nobody has any idea who they are or what they do, and if they're quiet about it they just hang around online all day. I want that job.
@theplaintiff5450Ай бұрын
the "coding skill" bloat is incredible. vast majority of jobs that require coding barely, if ever, use it. had a few of those myself.
@mlsasd6494Ай бұрын
also, its a lot more efficient to have some actual developers compared to having everyone tinkering away on their issues separately.
@blake7297Ай бұрын
I work with onboarding for one of the largest privately held fin-tech companies in the world based in the United States and I can tell you, at least 50% of the literal tens of thousands of people we've hired in the US in the past 4 years have been H1B transfers from India despite the near constant lay offs in the tech sector and never ending job posting for computer engineers. These are mostly entry level roles being filled to do.
@JimmyLeeJrАй бұрын
I'm also in the industry behind the curtain, the vast majority of job postings are fake jobs, ghost jobs, federal jobs. Federal jobs are ones posted to meet federal requirements. Due to my role I've been trying to untangle the H1B situation. But ironically enough I've had several people join my team who got recent green cards. So while the H1B issue is wildly understated, immigration as a whole is truly unfathomable. It is an entire replacement of a free people with a permanent subserviant underclass. Look at who owns the banks if you want to know who and why.
@cpK054LАй бұрын
I'd arather work in missile guidance systems using ASICs/FPGAs knowing they won't pass the necessary checks and who knows what's happen in the future
@honkhonk8009Ай бұрын
Peak Democrat moment. Their all bought out by corporate donors, and they just give away all the jobs to other countries just to enrich the wealthy 1%. Then they lie about taxing them, while simultaneously giving them loop holes. They need to severely limit immigration and outsourcing to overpopulated countries
@lovetobe6118Ай бұрын
@@cpK054Lhow does one get into that?
@cpK054LАй бұрын
@@lovetobe6118 electrical engineering
@alexlopez5800Ай бұрын
They can’t get the skills because nobody wants to give them the shot to teach them the skills to begin with. So, it’s the employers fault since they don’t want to train anyone anymore. Either your 20 years + experience or no experience at all! Insane!
@idkmybffjill9682Ай бұрын
That’s not what nepotism means. Random addition
@anuragchakraborty8766Ай бұрын
People say it's the fault of the outdated education system that's failing to train their students in the latest industry-specific skills.
@alexlopez5800Ай бұрын
@@idkmybffjill9682 Happy?
@Scumala_lost_losersАй бұрын
I gave up and forged my own dream.
@toddpacker1015Ай бұрын
Let's say all companies train their employees. If employees quit, move around, go to another company... guess what? You can get other employees from other companies that train their employees. Something so simple yet companies are so GREEDY that they prefer to have the job market in absolute chaos.
@elbowstrikeАй бұрын
"nObOdY wAnTs tO wOrK aNyMoRe" "I want to work. Are you taking on apprentices?" "No."
@flipdbitАй бұрын
0:49 In many ways, Bill Clinton was Temu Reagan.
@thehonesttruth8808Ай бұрын
Yup, he pushed all manufacturing out of the United States…Obama sealed the deal
@masonm600Ай бұрын
So "Skills Gap" = Employer pickiness
@axeketchum9846Ай бұрын
ooooor....actual skills gap. Y'all expecting 200k salaries right out of college with a cs degree. Wake up!
@duancoviero9759Ай бұрын
**Employer bullshit**
@IlovelovinАй бұрын
@@axeketchum9846lol we just want a job
@SeaShrimpАй бұрын
@@Ilovelovin Then become an engineer, electrician, mechanic, plumber, nurse, doctor, or 1000 other different educations, and you WILL get a well paying job in under 3 weeks of searching. If you took an education in "management, history, geography, language, drama, music" or some other bullshit goofy education, you literally have 0 skills that are needed to run the world, thus why no one wants to PAY you or employ you. Wake up
@bilalafzal7442Ай бұрын
@@axeketchum9846 stop sucking up to the oligarchs
@Eagle-rv3iyАй бұрын
Companies want people they can put directly into a position without investing in them. They dont want to invest in them because once trained they will leave. They will leave because the company thinks that since they trained them they are owed labor and will pay them poorly. Rinse and repeat
@reahreic7698Ай бұрын
Once the norm became change jobs every 2 years to beat inflation job training became a liability. It's a sad self-fulfilling cycle.
@AbandonsoycietyАй бұрын
@@reahreic7698people left after every 2 years because of lack of pay raises for those who actually do the work instead of the managers. It's not a cycle, companies created their own problem and are trying to justify it.
@AndyWarhole-w7qАй бұрын
If company complains they can’t hire “the right person for the role”, it means they don’t really need this role.
@noneofyourbusiness4830Ай бұрын
If they also offer less than average wage. Or don't advertise the wage at all.
@Dre2Dee2Ай бұрын
If an employee complains they aren't "being paid enough", it means they have nothing to justify an actual raise.
@ShayPatrickCormacTHEHUNTERАй бұрын
@@Dre2Dee2 What bogus. You give a raise to get loyal people. Get out you fool.
@gyurmarajzfilm21 күн бұрын
"There is not a skill shortage. There is just a shortage of people who want to do difficult work for bad pay" - sums up spot on.
@FGH9GАй бұрын
Oh my God, the misuse of the word "programming" on job descriptions is absolutely infuriating. I swear, I saw a job designed for medical administrators that had in its list of qualifications requiring "programming skills," when those "programming skills" were literally nothing more than data entry and typing. It was literally just typing on a keyboard, and the job posting called it "programming." Are you fucking kidding me? This is literally the job market that we are dealing with. Being at the mercy of out of touch boneheaded corporate bureaucrats who just blindly call all work that needs to be done on computers (which is literally everything nowadays) as "working with computers and tech stuff." Drives me up the wall. 😡🤬
@cloudsofsunset7323Ай бұрын
The skills gap is a myth... and I can tell solely on how filled my curriculum is, and how impossible is for me to get job as bartender.
@idkmybffjill9682Ай бұрын
lol what? So there is no gap in skills in workers? A cashier is as skilled and a surgeon? And you can’t get a job as a bar tender because you’d need a good personality
@roblowe8295Ай бұрын
@@idkmybffjill9682you’re presuming he has a bad personality 🙄
@skyblazeeternoАй бұрын
@@idkmybffjill9682skills gap is bullshit
@noobulon4334Ай бұрын
@@roblowe8295 Its inferred from his comment
@rexcatston8412Ай бұрын
There's absolutely no way im going off and paying thousands of dollars and spending years training for a skill set based on the idea that some ENTIRELY theoretical job opening out there is demanding 'skilled labor' If you want me to do a job, train me to do it. That's been the rule for 10,000 years. You telling me I can't figure out how to stack bricks and cement? or weld two pieces of metal together? or fit a kitchen counter? That I need years of advanced training for this insurmountable task? Get the heck outta here...!
@ceu160193Ай бұрын
Why hire you, when your job can be done by some semi-literate migrant for a fraction of what you ask?
@manoftomorrow5987Ай бұрын
I think you’re mistaken…when they say skills it usually refer to white collar workers who have or don’t have some analytical skills and experience they’re looking for. And as a hiring manager I can agree…some might had the education, but lack some other skills that go with the jobs…even if those skills might be just the “soft skills”.
@llihcchill9135Ай бұрын
@@manoftomorrow5987 that does make sense, although I have a question, how would they get the experience in the first place if they can't get a job to get the required experience? it seems paradoxical, and I am sure I've seen some entry level positions that require experience. Should be an oxymoron but here we are.
@hermitxIIIАй бұрын
@@manoftomorrow5987 "even if those skills might be just the “soft skills”." In other words, you don't think introverts should ever be employed?
@MrSubsound90Ай бұрын
It's a gap between skills they want and skills they are willing to pay for. Every recruiter that has contacted me since the pandemic started rave about how awesome my skills are...but "entice" me with a 20-30% salary drop from what I am earning now. Then try to blame me when I won't quit my job.
@lextacy2008Ай бұрын
Skills Gaps are usually created due to the 40 hour work week preventing people from skill bridging, taking certifications, schooling, ect.
@AndrewPolichАй бұрын
"There's not a skills shortage. There's just a shortage of people who want to do difficult jobs for bad pay."
@fedyx1544Ай бұрын
Sweet, yet another HowMoneyWorks video! I am eager to learn which way I'm getting effed in today's episode
@duancoviero9759Ай бұрын
😂😂😂
@eprokluveeАй бұрын
A fellow Louis Rossman enjoyer
@Snake369Ай бұрын
@@eprokluvee Louis Rossman is based af.
@L1vv4nАй бұрын
Turns out there is not a skill gap, but education price, cost of living and low salary gap. Next up - consumers do not appear from warp, they are people who needs to be paid money to buy staff and without it markets just stalls.
@marianhunt8899Ай бұрын
They can sell to other global markets.
@Gazer-x5sАй бұрын
@@marianhunt8899but then global market eventually has less consumers only the rich is there
@L1vv4nАй бұрын
@@marianhunt8899 Yes, but American market has a strong influence on all other markets and while we in Europe (depending on the country) suffer less from mass layoffs, we losing money on same imaginary "skill gap", wage stagnation and inflation, so consumer activity is dropping globally. Asian markets are affected by Japan and Chinese slowdown, African markets are still non existent, because everyone think suffering of people on other end of the world in not their problem. Also, with drop in global sales economy of scale in logistics will also drop, which will make selling globally less profitable. Economic are not open ended systems, we should learn something since XVII century and theory of mercantilism.
@shanesprecher8290Ай бұрын
There’s only so much money you have for college, trade school, certifications etc…. Many people graduated with a degree in Computer Science, now the employers either don’t need those graduates because of the shear number of candidates in the labor pool, AI or H1B availability. That same Computer Science graduate now may have a more secure future in the trades. They spend the money for trade school then after a few years find out everyone else had decided to go into the trades. Because there’s so many people in the trades, wages get pushed down and you end up in the same vicious cycle.
@toddpacker1015Ай бұрын
Same thing will happen in trades when everyone is an electrician, plumber etc
@shanesprecher8290Ай бұрын
@@toddpacker1015 Absolutely, there seems to be an entire industry dedicated to taking your money to become “certified”. There was a time when companies hired you straight out of high school and trained you on the spot, they paid for it out of their pocket, not yours.
@toddpacker1015Ай бұрын
@@shanesprecher8290 Yes, and the companies that offer the certification pay the companies to post the jobs, even if they are not hiring
@jamiehartman3350Ай бұрын
Back a decade ago we all heard "learn to code". Now it's "learn a trade".
@K4R3NАй бұрын
9:35 i know a bank of America IT manager that writes his job requirements to specifically match with the Indian guy's resume and then he can say there's no American with these exact skills. I asked why he does this and he says becasue he can get three guys in India for the price of one American worker.
@lisaammerman9846Ай бұрын
Employers used to take responsibility for training but have shifted it onto workers.
@codingrulesАй бұрын
I wish everybody would stop saying software-developers is just somebody "who can code". In my bachelor and master in computer-science 2/3 of ONE quarter was spend on learning how to code. Yes, you do code in many courses, but it is not the curriculum. It's like when a psychologist or economist need to use English in their courses.
@CyrilCommandoАй бұрын
All algorithms & theory & very little practical?
@xylynthian753Ай бұрын
You don't even need a degree to be a software developer. Literally anyone can buy Python Crash Course or some shit and start writing their own programs in like a month. A lot of freelancers don't have any education outside of self study and maybe a few certs.
@codingrulesАй бұрын
@@CyrilCommando Oh you get plenty of practical. As I said you code in half the courses so as a biproduct you get practical experience. Like a course about compilers where you also have to make a java-compiler. Or a course about operating systems where you also have to code kernel features to an old version of linux. Or a course about peer-to-peer protocols where you have to design, implement and test your own peer-to-peer protocols. Or a course about randomized algorithms where you have to make them work in the real world. Or a course about software-architecture where you have to use the ideas to solve real problems. Or a course about security with real world problems. An so on. You also have purely theoretical courses about subjects like logics, semantics, concurrency, computability, algorithms and data-structures, linear algebra, statistics, machine architecture and so on.
@codingrulesАй бұрын
@@xylynthian753 Of course. I coded before high school. Made me as much a professional software-developer as I was a professional literary writer. You could argue that everybody is a literary writer which exactly is my point. Everybody is but then again no they are not. And that everybody can learn how to code is exactly my point about higher education in the field. That coding is NOT what you are taught. See my answer to xylynthian753 if you think that means no practical experience. That everybody can learn to code in no time flat is again why a higher education in computer science don't waste much time on that. You just use it. There are so much more interesting and useful things to learn. Today I assume everybody take the course in machine-learning. In my time few took that course.
@codingrulesАй бұрын
@@xylynthian753 I coded before high-school, but that made me as much a software-developer as a writer. As you say it is easy to learn how to code which is why a bachelor/master in computer-science don't waste much time on that. Coding is not computer-science which has so many interesting subjects. - Now a days I imagine almost everybody take the course in machine learning which was fringe in my day (finished in 2011). - Coding is just the tool used to express solutions. For a few examples of what you are taught see my answer to CyrilCommando. Thinking that a crash course in coding and a few certificates make your knowledge competitive with a bachelor in computer-science (or even an application-bachelor) is like thinking a high-school course in psychology and a few certificates make you a psychologist. I can tell you those freelancers are not paid for their ability to code. They are paid for their ability to solve problems the solutions to which have to be expressed in code. The complexity of these problems varies tremendously, but that is the difficult part. Having deep knowledge from a relevant education or experience naturally helps. Some problems just really demand a deep knowledge about distributed systems for example.
@brendanwiley253Ай бұрын
Thw whole migration issue when it comes to wages really feels like its as simple as "strikes don't work when there's a functionally unlimited number of people for whom your struggling to stay afloat is an improvement to them."
@tomyoung8563Ай бұрын
The whole point in immigration is to reduce the value of native born labor
@trickslies844Ай бұрын
Ironically its the people that oppose immigrants that end up making sure those immigrants don't have any legal protection, making then desperate enough to accept the lower wages. Then again people are happy to see people paid these low wages, just not when its them selves. Hoping you would be the only one to show up for a job was never a great plan
@prettyboyjeremyАй бұрын
They'll happily live in a car because it's better than a 14 person 600 sq dirt floor shack.
@JimmyLeeJrАй бұрын
@@prettyboyjeremy"Come on, what do you mean this job offer isn't competitive? Baki Abu-Salaam is fleeing genocide, civil war and mass starvation in Sudan, and he says this wage is more than enough for someone in his situation. Are you going to call him a liar? Think about it more seriously, Harold. Okay, can I pencil you in for $32k as our newest Senior Program Analyst? Mr. Salaam is waiting right outside this room and he wants this role very much... Harold?"
@mistermoo7602Ай бұрын
And as long as the military industrial complex continues to churn, they will continue to destabilize other countries to keep that flow of desperate workers coming.
@tkt8994Ай бұрын
That’s what happens when HR doesn’t know what they are doing, because they are all psychology major instead of actually receiving HR education. The fact that coding is needed for IT help desk speaks that HR are just slapping whatever they think it’s needed instead of performing job analysis
@dan-nutuАй бұрын
Newsflash, job descriptions are usually written by the hiring managers, not HR
@Redneck_EdАй бұрын
@@dan-nutu That's my experience. In fact, HR would typically talk me down on qualifications I wrote as the hiring manager for technical jobs. This was especially true for basic qualifications because if candidates don't meet those, they simply cannot be hired. If candidates don't meet items listed in the additional skills section, that's ok but as they point out on this video, it might mean a lower salary offer. People act like this is all a big conspiracy, but mostly it's that no hiring manager wants to hire someone, train them, and then have that person leave and have to repeat the cycle all over. They want candidates that require minimal training and hand holding. I have experienced this time and again and even with the best of intentions and the desire to train and teach, it's exhausting to repeat this cycle over and over.
@MrFrankEastАй бұрын
@@Redneck_Ed And vice versa starting jobs and having an employer that expects you to be someone to be comfortable for the rest of their working careers with the pay, mobility, and job itself is also exhausting. Im not trying to say one is wrong or the other but both points are just non starters, they don't go anywhere. If you don't want to even slightly train someone to get running, why would you expect someone that DOESNT need training to work that job forever? Its just a big tug o war.
@Redneck_EdАй бұрын
@@MrFrankEast No one expects lifelong employees anymore. I'm talking about people who get in and then jump ship almost immediately after their break-in/training/ramp up period ends. Most employers expect that some training is required, but they aim for that training to be a minimal as possible which is why they ask for as many skills as possible. I hired several people over the years that lacked some skills, but clearly demonstrated aptitude and desire in their interviews. I have even had job postings pulled and re-posted with reduced basic qualifications just so we could hire a specific person. I think people get so hung up in what they hear online that it ends up becoming a roadblock for them. I was on a thread last week where a guy was complaining about the skills gap, but after a few exchanges, he admitted that he was just repeating what he heard on reddit and had not actually gotten out there himself to apply various resume and job interview strategies. There has and will always be a tug of war. The difference these days is that instead of pressing on and getting past it, people spend too much time hung up on the problems and the finger pointing. They have the social media dopamine hit at their fingertips and spend too much time taking hits on it instead of focusing on getting out there and winning.
@kosmosXcannonАй бұрын
HR's job is quite literally to defend the company.
@josephm5813Ай бұрын
Imagine 4 years ago , you have a entry level job and you're interested in becoming a programmer then you study for at least 2 years Just to be told that you need experience or more skills. Then you decide to take a non-paying internship while still studying, just so they can tell you sorry we found a cheap alternative with AI Or have you play Mary go nowhere because we're not actually hiring but we are gonna interview you 8-12 times
@stephendallas9709Ай бұрын
The over-filled tech jobs leading to layoffs is something I called out years ago! Even jobs that require a lot of education can have dramatic pay reduction if the labor supply gets over saturated. The same things is sort of happening in entry level lawyers because there are more BAR holders than ever before.
@swagmuffin9000Ай бұрын
Lol you put it so softly for helpdesk. You need 3 years of experience, a bachelor's, a few $500 certifications, just for entry level.
@arifchowdhury881Ай бұрын
Skill gap legit sounds like the the corporate equivalent of the popular gamer slangs: "Skill issue bro" and "Git Gud!"
@CyrilCommandoАй бұрын
Matter of fact this is most of the world right now. Expecting everyone to infinitely "upskill", as they call it, with no resources or training. Can't get a job flipping burgers because those are all filled, & no one else will even interview without degrees or certs. Which cost thousands.
@cmack17Ай бұрын
How did these companies trick the public into thinking the companies should not train their own workers?
@langsorАй бұрын
Entry level position. Four or more years experience required.
@elgatomoscato230Ай бұрын
I got a Maintenance Technician position despite being unskilled and never troubleshot a control circuit in my life. The company I work for will actually send you to schools with classes that are custom tailored to our equipment we maintain. The weird part is: despite my lack of trade skills, I'm very intuitive with understanding how machines work and I've quickly risen to being one of the most proficient Technicians on the team. However, it also made me realize just how many "skilled" individuals have been skating by for decades not knowing anything about the work they're doing. I think anyone can be trained into a position and college degrees are a scam
@Kite403Ай бұрын
Being told that I can't get a good job because I don't have some arbitrary skill training that may not even be required for it is really pushing me towards the hammer and sickle mentality more and more... Thanks for the great video btw! Lol
@ifeoluwaadeoye6557Ай бұрын
Welcome comrade
@ArkansanPartisanАй бұрын
welcome comrade
@mrfattypancakesАй бұрын
Enjoy your bread line
@BluelimesuxcomАй бұрын
@@mrfattypancakes you make 20k a year
@mrfattypancakesАй бұрын
@@Kite403 Government brings in millions of low skills laborers who drive down wages and compete by living 10 people to an apartment. Government spends billions on then. Government sends billions to foreign governments while you fund them and struggle. You now conclude that Government should fully control everything, and think that would be better for YOU. 🥴🥴🥴
@RobertStollАй бұрын
"Skills ga-" "Why don't you do job training then?"
@JurekOKАй бұрын
Because as soon as the trainee consumes the cost of training, he moves out to a better paying company. You spent the money and still have no worker. In other words, it's a mirror problem on the other side.
@grapeboi9256Ай бұрын
@@JurekOK something has to give you can't expect people to be born out the womb with 20 years experience.
@michaelvaldivia3747Ай бұрын
They could pay people more before the other company offers them more lol@@JurekOK
@JurekOKАй бұрын
@@grapeboi9256 True. This something is known as the tax-funded, free-to-attend school. It's just that these have a couple of problems of their own, including failing to keep up with the rapid changes in the practical industry, and failing to recognise the challenges of globalisation. Lots of people leave schools totally unready for what awaits them out there, me included. Still, if you resort to talking about human rights, remember that one person's right is a second person's burden. And that second person is still a person.
@grapeboi9256Ай бұрын
@JurekOK the tax funded free to attend school I'd failing our children. Chang my mind
@FullLengthInterstatesАй бұрын
skills gap is a systemic issue. we just haven't taken the job of career counseling/ sorting hats seriously. bls statistics by themselves are pitifully inadequate for making a data driven decision on what to study, so in the end it ends up being largely based on vibes and anecdotes.
@abqmalenurseАй бұрын
I am a male nurse. I know lots of nurses who rely on OT or work multiple jobs to maintain a fairly basic lifestyle. We have had a shortage of nurses since before I became a nurse 30 years ago. It has gotten worse since 2020, yet pay rates for nurses have DECREASED on average in the last two years.
@TreFlip-g3vАй бұрын
About ten of your videos has been all I needed to fully drop out of society, i literally rather die at a park homeless then deal with what I've been dealing with since i got out of highschool all this just puts it to light
@dheemanrajkhowa2866Ай бұрын
Don't give up buddy. Whatever the economy maybe you still have worth as an individual human.
@MichałŁabnoАй бұрын
yep. there is no such a thing as "unskilled labour". everey labour requires skills.
@gdj777Ай бұрын
Unicorn hunting is bad for business
@GameFuMasterАй бұрын
too bad it's not so bad that they go out of business though. Not enough competition is the problem.
@arn1345Ай бұрын
you don't understand we need to catch that unicorn to justify our HR department!
@cedrove7513Ай бұрын
too qualified to get a job but not qualified enough to get a job is my issue. "overeducated? nah you can't work here. you'd ask for more money" "no work experience? nah you can't work here." can't get a call from best buy, but since I've been self employed for the majority of my life, I don't have the requirements to apply for the majority of jobs. No past employers to call. I can't get a "high schooler's job". I can't get an "adults" job because i can't get a "high schooler's job". Companies whine and cry about me not working there, but they won't hire me, let alone the fact that they don't pay a living wage for "entry jobs". You know, necessary jobs that are totally okay to find fulfilling to do. Like a grocery clerk, broadly the city workers that do things like garbage, mail, maintenance and all sorts of unseen, necessary jobs. Like you don't need an education to be a groundskeeper for my city, you need some other relatively easily acquired skills. But the job makes less than if I worked at McDs. Except you get the best insurance in the state. Self employed I make about 1.5-2x the average wage I could get at an entry level job, if they would hire me. Let's also not forget about the elderly. Maybe we shouldn't require them to work after retirement age, however if they want to, the job shouldn't be like the greeter at walmart and getting an unlivable wage. I fundamentally don't think any job should be treated as a "yeah do this job, but also do another if you want to survive" no matter who the majority of the workers are. Things should be designed to handle exceptions. I think everyone should be able to do a job and feel fulfilled and not taken advantage of. Elderly, the severely disabled and just your average person. I don't expect every person as disabled as steven hawking to be as uniquely smart as he was. Maybe being a greeter is what they can do and that's great. Let it be livable. There isn't a skills gap. There isn't an employee issue. It's entirely the upper caste of business and law that's choking everything in an insatiable greed. i'll end the rant here and watch the video.
@matthewmarkus249521 күн бұрын
I am fairly convinced that the so called 'skill gap' exists so that: 1) schools/colleges/training institutions can make money off of it. 2) Companies have a reason to turn away people and drive down real wages. If companies wanted to they can train a person on the job very easily. The fact of the matter is that there are way way way less jobs nowadays. Especially when compared to the time when the modern 9-5 job culture was created. Most governments are in denial of this fact.
@aidancampbell5644Ай бұрын
I am old enough to remember when companies really stopped training employees in-house but rather expected recruits to arrive at the job with a full set of skills - because it was easier and cheaper to poach fully trained people from other jobs than to train them. Prior to this point, there was an understanding that it took between 6 weeks and 6 months for a new hire to become an asset to the team. Until that time, they are a drain on your staffing numbers, because your existing staff need to take time away from their work to train them. The funny thing is, it still takes time to train people to adapt to your systems. At the place I work at (for example), it usually takes a new hire about 2 months to stop getting lost (because the interior walls can be moved and the rooms rearranged). The problem is that management and the HR department in every company I have worked at for more than 20 years no longer take into account that 6 week to 6 month time period where new staff really are not assets. This puts strain on more experienced staff, leading to burnout and senior, experienced staff quitting.
@theone3746Ай бұрын
The Skills Gap issue is also due in the lack of training jobs offer Nowadays. I have worked with 3 companies now, and the "training/ramping up" was trash. It becomes very clear that leadership is clueless of the tasks they give out, or they are incapable of explaining/training.
@Krlowanigu-mg6egАй бұрын
Spot on!
@sarikagoode1505Ай бұрын
I read a stat that only 13% of job applicants possess the skills the employers are looking for. The education system is cumbersome, slow to change and especially with tech, outdated. There’s an oversupply of graduates for available jobs in some fields.
@AYAKXSHIАй бұрын
I mean our education system hasn’t changed since the industrial revolution where they needed to just educate factory workers School nowadays is pointless because we are learning useless information that’s only needed for a test
@whouwit639225 күн бұрын
Exactly. Public school is not just a waste of time but it makes you more useless than if you never went at all. Its just mandatory prison for young people meant to create obediant fools who worship a parasite system that feeds on them
@kurtringwalt3371Ай бұрын
Employers dont want to train/invest in employees, end of story
@kurtringwalt3371Ай бұрын
*most* employers
@TheWityfulАй бұрын
Just yesterday I saw an IT job listing for the city that required 42 certificates in addition to a BS and 5 yoe. 42.
@jeffbox1torresАй бұрын
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@brickPalmerm-ki5erАй бұрын
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@WaltRsDave-cs4zcАй бұрын
Do you invest with a professional broker? I'd appreciate it if you show me how to go about it.
@jeffbox1torresАй бұрын
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@richnubbz4910Ай бұрын
super easy ... paid OJT !
@richnubbz4910Ай бұрын
how do you think the military gets its skilled labor and skilled leadership ... they develop it!
@HowMoneyWorksАй бұрын
No but you don't understand!... That would cost money...
@Kite403Ай бұрын
@@HowMoneyWorks It's a cyclic problem. "We need people who know how to do the work...but training them ourselves would cost money..."
@MaytrxАй бұрын
@@HowMoneyWorks 🤣
@Felipe-kv8qdАй бұрын
@@HowMoneyWorks your sarcasm gives me strength
@Nyghl0Ай бұрын
The objective is to maintain a large enough unemployment pool, so as to maintain the illusion that workers are replaceable, to make sure they accept lower wages.
@lc9245Ай бұрын
The immigration part is also insidious in that sure it helps the skilled migrants and the owners of large corporates who usually benefits from them pushing the price of skilled workers down, the bad part of immigration that people don’t talk about, is the “brain drain” effect. It’s probably very well known in sport that America and Europe often enjoy a flood of athletes coming there to make money playing sport. Athletes are mostly entertainers, thus it’s more tolerable than losing executives, engineers, doctors and so on to rich first world nations. No one is arguing strictly against immigration. It’s good for third world countries to lose researchers: mathematicians, biologists, physicists, the best and brightest need the resources only first world countries can afford. However, Western nations don’t need that many accountants and engineers from third world countries, if at all, no matter how skilled they are. It’s not just about power dynamic, pushing wages down and all that. Poor countries have also invested heavily into these people from a young age, and losing them to immigration is extreme wasteful. The worst of all are PR for cash programs. It’s nothing more than a system of wealth concentration by Western nations, which “coincidentally” also encourages rampant corruption since if you are friendly to the US and its allies, you can hide all of your dirty in tax havens and migrate to the west, taking all the money of the impoverished nation with you.
@jjsanchezramirezАй бұрын
I’m a doctor from a third world country currently living in the U.S., coincidentally on an H1b visa (though the majority of international medical graduates are on J1 visas). What you’re saying is very true, there is a shortage of medical professionals in my home country. To be fair, there is also a shortage of doctors in the U.S. and I’d rather practice in a country where I have the necessary tools to do my work. It’s also one of the very few professions in which their literally isn’t anyone else qualified to do my job, as opposed to IT or many other fields in which companies are just looking to hire a cheaper workforce.
@hayden_waltonАй бұрын
Love these videos, this feels so true to me as a person who went to college for CS four years ago, and am now a plumbing apprentice even after getting a degree.