I’m not sure this is true anymore.
Older people who have been out of work a long time will put up with a lot more than you think. They just want the chance.
The truth is, though… The average kid out of college has no dependents, no major health issues, and can work and travel at will, often putting in 80 hour work weeks because they can. You try doing that with a family, and the stress that is put on your marriage, your connections with your kids, friendships, whatever… They all take a hit.
I’m sorry, but I believe that people who have made comments like “i can’t believe people have given up”, or " i don’t believe people have thrown up their hands" have never been laid off post 9/11/2001. And if they have, their job search was over fairly quickly, for whatever reason.
But if and when you do get laid off, get ready for a bumpy, humiliating ride, and one that you will find hard to get off of no matter what you do. I’ve known people with advanced degrees unable to get back into the workforce because of many of the reasons already stated. Smart people. And the kind of rejection one experiences over time begins to eat away at the strongest self-esteem, I don’t care who you are. I know people who have lost their houses, their marriages have broken up, or have had to take a job out of the area they live and leave their families behind because of the economics of the situation. Stress is real. People I would consider rocks have suffered nervous breakdowns, or have become depressed and cannot find their way out of the hole. That does not make a great interviewing candidate. I have two master’s degrees and post graduate work, but that is more of a liability in today’s world. Unless, of course, I enter academia, but in that case, I would have to get my PhD which is something I simply don’t have the time to devote to.
It’s the single hardest thing I had to go through in my professional life, and I pray it never happens to me again. But there are no guarantees. Some of you will find that out when you become collateral damage in a layoff, and the arrogance you currently hold will slowly slip away as the weeks and months pile up. When you hit the year mark, you will feel a sting that is impossible to describe unless you’ve been there. And if you have been there, I don’t need to describe it to you.
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One of the most incredibly arrogant and humorous things i ever heard was the discussion of how Wall St. Investment banking firms had to pay their employees the 6 and 7 figure bonuses they have come to know and love. When the taxpayers were footing the bill to bail out the very people who almost brought the economy to catastrophe, they had the balls to say they NEEDED the bonuses to keep the firms from suffering “brain drain”. The idea being that the people on wall street would leave their jobs for greener pastures if no bonuses were paid out.
Seriously? I said name that tune! There would be little to no brain drain, because there was and is no place these people could go to make the kind of money and bonuses they make on wall street. We’ll never know, however, because the big bonuses were paid out.
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