Employment expert weighs in on how Skilled Workers fare Vs. College Grads
“We have this idea in our society that a college degree is the gateway to financial freedom and success, says Rob Wilson, employment trends expert and President of Employco USA. “But the statistics don’t necessarily bear that out. Most college grads end up moving home after graduation to live with their parents, and it takes several months or more for them to find a job. In many cases, that job won’t be in their field of interest, and these young people end up spending a good chunk of their paycheck paying off their hefty student loans.”
In contrast, Wilson says that skilled trade workers make $50,000 a year (similar to a new college graduate’s annual salary), and they have around $2,500 in student loan debt as opposed to $37,000.
Wilson says, “Getting a 2-year degree can be a very smart move for many Americans. Baby boomers are retiring in droves, and as they do so, they will be leaving many of their jobs in skilled trades like carpentry and electrical work. Companies will need trained workers to replace this staff, and those few that can fill these positions will be in high demand. Alternatively, a college graduate with a degree in communications will be competing with millions of other equally qualified and motivated young people with similar degrees.”
So does Wilson think a college degree is not worth the debt?
“It really depends on your goals,” says Wilson. “Some careers certainly will require a 4-year degree. However, the reality is that we need skilled workers in this country, and companies are willing to pay good money to get that. Some will even pay for your training…meaning you can actually get paid to learn invaluable job skills that will look good on your resume no matter what career you end up choosing.”
For more on this topic, please contact Rob Wilson at rwilson@thewilsoncompanies.com.
Television host and comedian Steve Harvey has been lambasted in the media for his memo to employees, excerpts of which include “Do not approach me in the makeup chair,” “Do not open my dressing room door,” and “I want the ambushing to stop now.”
Last week Cedric Anderson brought a gun to his wife’s school in San Bernardino, killing her and a special-needs student in the crossfire. Classes resume today for the first time since the horrific crime. But as the community tries to put the pieces back together, Americans are once again left wondering if their schools and their workplaces are safe.
Recent statistics reveal that March Madness has become more popular than ever before, thanks in large part to the worldwide betting that takes place. Over 60 million people are expected to fill out brackets this year, with an estimated $10 million being put on the table. However, there is another cost which people may not expect: a downturn in employee productivity.
According to the National Federation of Independent Business, the Index of Small Business Optimism increased by 11 points this past quarter,
Not many people expect that President Trump will raise the minimum wage. In fact, during the primaries, he famously declared that American wages were already “
Job numbers from Friday reflect the final full month of President Obama’s presidency, and experts say they are disappointing and not what they should have been. Now, as Americans look to the future, they wonder what Trump’s presidency means for jobs.