Why today’s graduates are screwed

[Euqorab]

cannot any how AI to help u write essays. if tutors beh song, they will fail u

I heard cannot use AI to populate the bibliography too

might well say use hand to write the essay and cannot use calculators

 

[buttbERry]

indeed like getting tougher for grads

 

[LocalRider]

I know this big SI in Singapore… so easy to have young intra company transferees come to sg to work, all come in with high enough salary to pay for rent… their work can be easily done by fresh grads… but of coz I am not the hiring manager, coz hiring managers now a lot of foreigners.

 

[hachi]

Learning to be an electrician and blumbers nao!

Best so many houses and it can only get more and more.

 

[uncle_josh]

路是人走出来的.......

 

[boredom2012]

Screwed by pap open leg policy. Last time is lim swee say now is tan see leng.

In 2014, Lim appeared on Singapore's Mediacorp Channel 8 episode "Hear Me Out", to respond to the criticisms against him and clarify himself on a few topics such as his Zorro costume, "Cheaper Better Faster", "Better, Betterer, Betterest", "Deaf Frog" and why Singapore implements Progressive Wage Model instead of minimum wage.

 

[klim668]

Can do food rider and delivery. Pay no bad, own time own target, it's like you are your own boss.

 

[Itsthatguy]

With open leg policies, poor implementations and emphasis on instant noodle approaches without concentration on organic naturing of citizens first regardless, this is not unexpected outcome since year 2000. Erosion of a country's soul, identity and belonging. Just an empty shell for wayang shows. Everybody just join in and dance along down the slope.

 

[Itsthatguy]

those in-house legal can go jobless soon.

Large organizations still need corp sec for all their entities, no?

 

[cleffa3000]

 

[tidiii]

Large organizations still need corp sec for all their entities, no?

most inhouse are not corp sec
infact most companies even sgx mainboard dont have their own
they just engage a company

 

[BlackWing1977]

Why today’s graduates are screwed

Pity the ambitious youngster. For decades the path to a nice life was clear: Go to university, find a graduate job, then watch the money come in. Today’s hard-working youth, however, seem to have fewer options than before.

Go into tech? The big firms are cutting jobs. How about the public sector? That is less prestigious than it used to be. Become an engineer? Lots of innovation, from electric vehicles to renewable energy, now happens in China. A lawyer? Artificial intelligence will soon take your job. Don’t even think about becoming a journalist.

Across the West, young graduates are losing their privileged position; in some cases, they have already lost it. Jobs data hints at the change. Mr Matthew Martin of Oxford Economics, a consultancy, has looked at Americans aged 22 to 27 with a bachelor’s degree or higher. For the first time in history, their unemployment rate is now consistently higher than the national average. Recent graduates’ rising unemployment is driven by those who are looking for work for the first time.

The social and political consequences will be profound. And the trend is not just in America. Across the European Union, the unemployment rate of young folk with tertiary education is approaching the overall rate for that age group. Britain, Canada, Japan – all appear to be on a similar path. Even elite youngsters, such as MBA graduates, are suffering. In 2024, 80 per cent of Stanford’s business school graduates had a job three months after leaving, down from 91 per cent in 2021. At first glance, the Stanford students eating al fresco at the school’s cafeteria look happy. Look again, and you can see the fear in their eyes.

Until recently the “university wage premium”, where graduates earn more than others, was growing. More recently, though, it has shrunk, including in the US, Britain and Canada. Using data on young Americans from the New York branch of the US Federal Reserve, we estimate that in 2015 the median college graduate earned 69 per cent more than the median high school graduate. By 2024, the premium shrank to 50 per cent.

Jobs are also less fulfilling. A large survey suggests America’s “graduate satisfaction gap” – how much more likely graduates are to say they are “very satisfied” with their job than non-graduates – is now around 3 percentage points, down from a long-run advantage of 7 percentage points.

https://www.straitstimes.com/opinion/why-todays-graduates-are-screwed

Certain ideologies have infiltrated those western institution of higher learning, instead of learning proper knowledge, some have start to learn some rubbish like critical race theory, gender ideology, DEI etc...

Instead of learning knowledge some have been indoctrinated with ideologies...

I dun mean all of them are like that, but a lot of those famous ones are already like that.

 

[BlackWing1977]

as a finance manager I usually need some support from our legal team when it comes to drafting resolutions and contracts.

now I just type one sentence into chatgpt and get a professional customised draft without any mistakes. Recently I ask for a draft for a director's loan and chatgpt asked me at the end if I needed a sample for a promissory note as well.

No need legal team nor need to see their chao bin anymore.

Yeah man... last time need to crack brain to think of keywords to write a passage for promotional material for social media.. nowadays I just ask co-pilot... even better still take all the words from a already created poster.. automatically will re-write into a more polished write out for you.

 

[Linguist]

Why today’s graduates are screwed

Pity the ambitious youngster. For decades the path to a nice life was clear: Go to university, find a graduate job, then watch the money come in. Today’s hard-working youth, however, seem to have fewer options than before.

Go into tech? The big firms are cutting jobs. How about the public sector? That is less prestigious than it used to be. Become an engineer? Lots of innovation, from electric vehicles to renewable energy, now happens in China. A lawyer? Artificial intelligence will soon take your job. Don’t even think about becoming a journalist.

Across the West, young graduates are losing their privileged position; in some cases, they have already lost it. Jobs data hints at the change. Mr Matthew Martin of Oxford Economics, a consultancy, has looked at Americans aged 22 to 27 with a bachelor’s degree or higher. For the first time in history, their unemployment rate is now consistently higher than the national average. Recent graduates’ rising unemployment is driven by those who are looking for work for the first time.

The social and political consequences will be profound. And the trend is not just in America. Across the European Union, the unemployment rate of young folk with tertiary education is approaching the overall rate for that age group. Britain, Canada, Japan – all appear to be on a similar path. Even elite youngsters, such as MBA graduates, are suffering. In 2024, 80 per cent of Stanford’s business school graduates had a job three months after leaving, down from 91 per cent in 2021. At first glance, the Stanford students eating al fresco at the school’s cafeteria look happy. Look again, and you can see the fear in their eyes.

Until recently the “university wage premium”, where graduates earn more than others, was growing. More recently, though, it has shrunk, including in the US, Britain and Canada. Using data on young Americans from the New York branch of the US Federal Reserve, we estimate that in 2015 the median college graduate earned 69 per cent more than the median high school graduate. By 2024, the premium shrank to 50 per cent.

Jobs are also less fulfilling. A large survey suggests America’s “graduate satisfaction gap” – how much more likely graduates are to say they are “very satisfied” with their job than non-graduates – is now around 3 percentage points, down from a long-run advantage of 7 percentage points.

https://www.straitstimes.com/opinion/why-todays-graduates-are-screwed

 

[pwongkk]

Just reduce ppl ok liao ma

There is a need to get rid of 50-75% of the economic refugees here to let these local graduates have a chance.

If gov not doing anything, then the people have to do something. Start with charging them very high rental, make them feel unwelcome in sg.

 

[Itsthatguy]

most inhouse are not corp sec
infact most companies even sgx mainboard dont have their own
they just engage a company

Some are certified and with in-house corporate lawyer.

 

[BlackWing1977]

There is a need to get rid of 50-75% of the economic refugees here to let these local graduates have a chance.

If gov not doing anything, then the people have to do something. Start with charging them very high rental, make them feel unwelcome in sg.

Since when people will unite to do something... dun think too much lar.. and some of these landlords might not even care about Singapore since they are possibly living overseas..

 

[wulu1_69]

Did they apply cleaner and security guard jobs?

 

[rodimus_prime]

Certain ideologies have infiltrated those western institution of higher learning, instead of learning proper knowledge, some have start to learn some rubbish like critical race theory, gender ideology, DEI etc...

Instead of learning knowledge some have been indoctrinated with ideologies...

I dun mean all of them are like that, but a lot of those famous ones are already like that.

Exactly. Instead of being taught how to think they’re being taught what to think.

 

[Lemonkey]

time has changed, the way thing works also changed.

dont think they will be screwed.

they will survive just like our ancestors.