With the number of jobs growing by ~5M and with 9M unemployed (as tabulated and touted by the Obama administration), some employers are now having to offer higher pay to attract or retain top talent.
That said, MSN Money is reporting that
…millions of job seekers still can't find work. Some businesses remain
slow to fill their openings, awaiting the ideal candidate. Many job seekers
lack the skills employers require.
The plight of the unemployed reflects economic reality: Even in the best times, the number of job seekers is typically twice the number of job openings. Accordingly, these must be the best of times and job applicants are going to have to produce a resume that sets them apart from the average applicant.
Cutting to the chase, the plight of the unemployed is not quite as dire as MSN Money portrays the case to be.
Consider Carlie Kozlowich, 23, whom MSN Money featured in its article.
Carlie currently resides in the North Hollywood district of Los Angeles. Along with her bachelor's degree, Carlie is carrying ~$50k in student loan debt. Carlie wants a job in “television.” However, Carlie garnered only three interviews last year, not in television but with a marketing company. Carlie was told the job would involve “travel” and “events.” WOW!
Accepting the job (good, Carlie!), she discovered the job was peddling goods from a Costco booth. Considering her college degree and debt, Carlie turned the job down (bad, Carlie!). Why? She said: “Three interviews just to say,‘Would you like to try a pierogi today?’”
Obviously a young woman of highly discriminating job tastes, Carlie remains unemployed, one of those ~5M people for whom, it is alleged, there are no jobs.
Perhaps the truth is that working at a low-skills, low-paying job is far beneath the dignity of those like Carlie who have earned college degrees. And, until a high-skills, high-paying job that matches one’s interests—like something in “television”—it’s better for one's self-esteem to remain unemployed.
During his 4 summers during high school, The Motley Monk cleaned the bathrooms in his Uncle Bill’s tavern, beginning at 6:00 a.m. Not quite the job The Motley Monk had in mind. But, what the heck, it was a paying job. The Motley Monk parlayed that job into a second job: Cleaning and preparing the restaurant next door for opening at 11:00 a.m., serving and dealing with patrons from the front counter as well as cleaning tables until 3:00 p.m. That was 9 hours/day, 7 days/weekfor two paying jobs, enabling The Motley Monk to bankroll the $$$s remaining after taxes! Not bad for a kid in high school.
Then, for two summers during his undergraduate years, The Motley Monk cleaned cabins and bathrooms for Delta Airlines. He worked the a.m., p.m., and midnight shifts in two-week rotations for three months each year at O'Hare Airport. The pay was much better (thank you, Delta) and the company expressed interest in hiring The Motley Monk after he graduated from college.
Those jobs taught The Motley Monk many lessons, perhaps the most important being first-hand knoweldge of what’s required to work and survive in a service-based industry as well as dealing with the public. And that’s to say nothing about what The Motley Monk learned regarding people's habits when using in public restrooms!
Parlaying a low-skills, low-paying job into an opportunity to improve one’s future prospects appears to be something Carlie didn’t learn for the $50k she spent to earn a college degree. Perhaps one day she will learn that lesson...from the school of hard knocks...and especially when she wakes up one day to discover that others have been hired for those much-coveted jobs because their resumes evidence some real-world work experience.
Let the discussion begin…
To read the MSN Money article, click on the following link: