Well, the economy is in a dire state and it doesn't help that the government outright lied about employment numbers by 800k. Outsourcing is indeed a huge factor -- in the city I live in, at least 50% of jobs are open only to H1Bs.
I know you all don't want to hear it but we need industrial electricians. The pay is $40 to $50 an hour in Louisville KY for reference. Just in case you are interested..❤
You’re totally spot on and got a great point - I really think that the trades are going to be where a lot of good money and careers are at vs the college tech route.
As someone that hates coding (tried it several times, always dropped out of every course I ever took, even if I paid for it) I kind of like seeing this lol, in a weird way. When I really got deep into trying to learn coding I was making like 42 k a year in Toronto, which is basically poverty. So I just said "you know what, why don't I just REALLY hone in on what I already do, and strategize a bit better?" I now make more than 3x what I was making back then and now make more than my cousins who majored in CS. ANd I actually do what I enjoy doing. So here's the conclusion. Do what you don't mind spending hours and hours obsessing about and getting better at, sooner or later you'll be making good money with it.
that thing you mentioned about being obsessed with for me has always been coding. Im stuck, I have always just liked coding but right now I have had no job for a year and living in toronto like this is very bad.
This is such a good point - you don’t want to waste your life doing something you don’t like doing. I think in the past a lot of people did tech because they saw the big salaries and now with the market changing it would be terrible to be stuck in a role you don’t like with lower salary opportunities
You’ve explained this so well, I got laid off last year and have over 15 yrs experience and it’s been so hard to find another job. Lots of ghost jobs out there too that waste peoples time
The more senior Indian engineers actually make almost as much as US engineers. They're not dumb. The outsourcing dynamic really affects college grads. It's brutal.
Great video! I can agree on most of the points to the main degree, but there is one big thing I think you're missing, and that is the "Tinder" effect. With the rise of HR and automated recruitment platforms, any open position gets hundreds of candidates. Of those, a couple are extremely qualified, but they might not be really interested in the job. HR will always recommend a unicorn over a junior, even if the junior is committed and would be a better fit in the long term. I have personally hired "unicorns" who just end up ghosting me or will just use me as CV padding. This makes employers bitter and frustrated, and they don't feel that their new employees are loyal and committed to their company.
I've been told my entire life that my college degree and skillset would never make me a significant amount of money. I'm glad I decided against becoming a coder and rather focus on translation.
For entry level I think you may have an easier entry opportunity however I do still think that if you want to grow in corporate there’s more opportunity in software engineering as the scope of projects you’re working on is generally larger. Getting your first job IT I think may be easier but I do think if you can break in to software the upside could be higher
Tech did this to itself. They frivolously spent investor money repeatedly and now the well is drying up. The interest rate issue added fuel to the fire for sure but the underlying issue was misuse of the money.
Well, the economy is in a dire state and it doesn't help that the government outright lied about employment numbers by 800k. Outsourcing is indeed a huge factor -- in the city I live in, at least 50% of jobs are open only to H1Bs.
Which city do you live in?
This is not an outsource, this is slavery inside the country.
I know you all don't want to hear it but we need industrial electricians. The pay is $40 to $50 an hour in Louisville KY for reference. Just in case you are interested..❤
You’re totally spot on and got a great point - I really think that the trades are going to be where a lot of good money and careers are at vs the college tech route.
As someone that hates coding (tried it several times, always dropped out of every course I ever took, even if I paid for it) I kind of like seeing this lol, in a weird way. When I really got deep into trying to learn coding I was making like 42 k a year in Toronto, which is basically poverty. So I just said "you know what, why don't I just REALLY hone in on what I already do, and strategize a bit better?" I now make more than 3x what I was making back then and now make more than my cousins who majored in CS. ANd I actually do what I enjoy doing.
So here's the conclusion. Do what you don't mind spending hours and hours obsessing about and getting better at, sooner or later you'll be making good money with it.
that thing you mentioned about being obsessed with for me has always been coding. Im stuck, I have always just liked coding but right now I have had no job for a year and living in toronto like this is very bad.
@@Iluvbabaganush123 ：００
This is such a good point - you don’t want to waste your life doing something you don’t like doing. I think in the past a lot of people did tech because they saw the big salaries and now with the market changing it would be terrible to be stuck in a role you don’t like with lower salary opportunities
You’ve explained this so well, I got laid off last year and have over 15 yrs experience and it’s been so hard to find another job. Lots of ghost jobs out there too that waste peoples time
The more senior Indian engineers actually make almost as much as US engineers. They're not dumb. The outsourcing dynamic really affects college grads. It's brutal.
Most of the more senior US engineers are Indian too 💀
Great video! I can agree on most of the points to the main degree, but there is one big thing I think you're missing, and that is the "Tinder" effect.
With the rise of HR and automated recruitment platforms, any open position gets hundreds of candidates. Of those, a couple are extremely qualified, but they might not be really interested in the job. HR will always recommend a unicorn over a junior, even if the junior is committed and would be a better fit in the long term. I have personally hired "unicorns" who just end up ghosting me or will just use me as CV padding.
This makes employers bitter and frustrated, and they don't feel that their new employees are loyal and committed to their company.
I've been told my entire life that my college degree and skillset would never make me a significant amount of money. I'm glad I decided against becoming a coder and rather focus on translation.
Nice point - I think a lot of people will reconsider tech with the way the economy and market for it is changing
Yeah I agree, good video.
For someone like me who lives in eastern europe there are so much potential to find a job in US/EU market.
I do not understand why these college graduates do not join the military. Get payed,get experience,get benefits and better chance to make contacts.
I think your right - especially if you take into account the pension - can really help you plan financial freedom as you get older
Hey Mike do you think if I did MIS/ITM over CS it would be better for entry level jobs in the US?
For entry level I think you may have an easier entry opportunity however I do still think that if you want to grow in corporate there’s more opportunity in software engineering as the scope of projects you’re working on is generally larger. Getting your first job IT I think may be easier but I do think if you can break in to software the upside could be higher
Tech did this to itself. They frivolously spent investor money repeatedly and now the well is drying up. The interest rate issue added fuel to the fire for sure but the underlying issue was misuse of the money.
I totally agree
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