Showing posts with label market. Show all posts
Showing posts with label market. Show all posts

Friday, December 27, 2019

Education Can Be The Answer

The U.S. is a highly educated country. We've taken pride in knowledge, science, understanding, innovation and entrepreneurialism. Yet, we've also taken this beyond the reach of the job market. We have bank managers that studied literature in college. We've told everyone they need to get at least a four-year degree to be successful. Despite the fact that most jobs only need a high school diploma, some on-the-job training and/or an associates or trade degree.

We've used the more education mantra as more of a club than a means to an end. We should be educating and training for needs not ego. It sounds nice for everyone to have a medical doctorate or a juris doctorate, but the world needs more than doctors and lawyers. 

An op-ed in Urban Milwaukee echoed the more education mantra: State’s Future Depends on Knowledge Economy

Four of the top five occupations with the highest projected numeric change in employment have salaries under $30,000 per year. 13 of the 20 earn less than $40,000 annually. And many of these only require a high school diploma or on-the-job training.


Get all the education you can. More education is always better. But have an endgame. Find a career. Find something you enjoy. Don't go ridiculously in debt chasing the education savior. People who would have been better at trade school becoming an electrician, plumber or mechanic end up with Bachelors and Masters degrees. 

Too many pundits love writing about the creative class, entrepreneurship and the knowledge-based economy. All somehow magically dependent on more and more education. And, as if this was the majority of jobs and workers. This elitist view ignores the majority of employees. Which, again, have only a high school diploma, some on-the-job training and/or an associates or trade degree. Only one-third of the workforce has a bachelor's degree or higher.

For Further Reading:
Projections of occupational employment, 2016–26
Fastest Growing Occupations

Monday, February 5, 2018

Trump Makes History

Dow Plunges Nearly 1,600 Points In Biggest Intraday Point Drop In History
U.S. stocks plunged in highly volatile trading on Monday, with the Dow industrials falling nearly 1,600 points during the session, its biggest intraday decline in history, as investors grappled with rising bond yields and potentially firming inflation.