I've been in the market lately as an engineer and some places like indeed actually give you an idea as to how many people apply for jobs and in many of them it's over 50 and these are highly technical jobs that require experience that can be demonstrated. And we know that STEM is being pushed as what all the jobs are going to be but this is false. Really servicing the rich and elderly, gov, security, travel/vacation, general hedonism industries, sales etc are much more future oriented than STEM is. Oh of course they can't have robots servicing broken AC and such but that's usually general maintenance work. You're better off getting into something that retirees and others HAVE to pay a premium for like plumbing, HVAC, medical etc And now you notice the trade schools cost very close to colleges and universities at thousands of dollars per year and which you can't work full time due to the classes and other things required by said fancy ribbon seal of approval folks.
We were all sold that college is the way to good jobs and such for decades but then the market is saturated w college grads so now we get low level jobs that also want/require it for pay this is not really different from 70s pay when college grads were more rare. No college no loans, your pay goes to your needs not interest charges. This is taking into account avg home prices and other things that have gone up aka inflation and other factors. So the gov-education establishment and the bankster loans industry has profited mightily from it, indirectly gets bailout insurance by the gov just like "too big to fail" companies which take that into account when making decisions and like insurance it actually makes them more unstable in decision making.
The general direction of both gov and industry is towards lowering pay while raising taxes and required things in legalized rackets like health insurance and car insurance with no limits on what can be charged and such. So gov would be rubber stamping immigrants from lower wage countries in STEM fields to lower pay, saturating the market w degreed STEM people who are also heavily in debt for college so have little choice but to accept low pay.
We were all sold that college is the way to good jobs and such for decades but then the market is saturated w college grads so now we get low level jobs that also want/require it for pay this is not really different from 70s pay when college grads were more rare. No college no loans, your pay goes to your needs not interest charges. This is taking into account avg home prices and other things that have gone up aka inflation and other factors. So the gov-education establishment and the bankster loans industry has profited mightily from it, indirectly gets bailout insurance by the gov just like "too big to fail" companies which take that into account when making decisions and like insurance it actually makes them more unstable in decision making.
The general direction of both gov and industry is towards lowering pay while raising taxes and required things in legalized rackets like health insurance and car insurance with no limits on what can be charged and such. So gov would be rubber stamping immigrants from lower wage countries in STEM fields to lower pay, saturating the market w degreed STEM people who are also heavily in debt for college so have little choice but to accept low pay.