What It’s Like To Graduate Into A Recession

CNBC Make It spoke with college seniors and new graduates who have had their full-time job offers rescinded because of the coronavirus and asked graduates from the Great Recession what advice they had to share for the class of 2020.
The class of 2020 has become known as the class of COVID-19. Because of the coronavirus pandemic, these students have been forced to cut their college careers short, give up traditional graduation ceremonies and begin their professional careers during the most hostile labor market since the Great Depression.
Many have also had their first full-time job offers revoked.
“This is much worse than the Great Recession. Over the entire Great Recession I think maybe 8.5, 9 million jobs were lost over the course of a 5-year period. Between February and April, the United States lost 21.5 million payroll jobs,” says Gary Burtless, senior fellow at the Brookings Institution. “And so now, people graduating this spring are going to face the worst job market in the entire post-depression history.”
Since March, 38.6 million Americans have lost their jobs and in April, the national unemployment rate was 14.7%.
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What It’s Like To Graduate Into A Recession

Пікірлер: 1 300

  • @vladm.6859
    @vladm.68594 жыл бұрын

    You know the job market is bad when a harvard grad with a stats major (a very in demand major) gets a call that his offer is terminated

  • @brimmed

    @brimmed

    4 жыл бұрын

    he's got a BA though. would imagine harvard would offer a BS for statistics. tried googling it but couldn't find info right away

  • @will-ye

    @will-ye

    4 жыл бұрын

    @Dylan Peres computers do the calculations but smart people are still needed to interpret the results.

  • @Countcho

    @Countcho

    4 жыл бұрын

    Unfortunately those with degrees and no/little experience will be at the back of the line. Gonna be so tough for these kids :/

  • @The4Tifier

    @The4Tifier

    4 жыл бұрын

    Pujan Dewan Less qualified and skilled workers cost more in the long run; more mistakes, more training required, less able to perform larger tasks, etc. That’s why companies primarily hire Ivy League and high-ranking university graduates.

  • @clairedubiel6226

    @clairedubiel6226

    4 жыл бұрын

    It most likely is due to the size of the company he took the offer from. Big companies are still filling positions in the most in demand areas. Perhaps his offer was from a smaller company or in an industry like travel or the retail/service industry that was hit hard by the shutdowns.

  • @wantitwrite
    @wantitwrite4 жыл бұрын

    Graduated with my bachelor’s in December’09, graduated with my Master’s in December’19...couldn’t make this up if I wanted to

  • @bryangomez1384

    @bryangomez1384

    4 жыл бұрын

    oh wow! What are your degrees in?

  • @joshuajoe1419

    @joshuajoe1419

    4 жыл бұрын

    I feel for you. Also I get that it’s an expression but that story could easily be made up.

  • @lidyasolomon5557

    @lidyasolomon5557

    4 жыл бұрын

    Dangg

  • @wantitwrite

    @wantitwrite

    4 жыл бұрын

    Bryan Gomez Bachelor’s in Social Sciences and Masters in Education (TESOL)...I’m an adult education teacher

  • @pocketmon4509

    @pocketmon4509

    4 жыл бұрын

    Lmao

  • @Pieceofcandy
    @Pieceofcandy4 жыл бұрын

    College went from a "necessary investment" to a massive liability.

  • @kylenichols8944

    @kylenichols8944

    4 жыл бұрын

    Right now that might be true. You still can’t make the argument that the ‘average’ person will be better off without college. People like graham Stephan love to say that you don’t need college to succeed, which is absolutely true. But not everybody will be able to become a successful entrepreneur with just a high school diploma. Some will, but most wont. College will always give you a competitive edge and also raise the ‘floor’ of what you might make. The average income of those with a degree will ALWAYS be higher than those without. Open to debate any of the above :)

  • @SynFlowers

    @SynFlowers

    4 жыл бұрын

    Kyle Nichols I specifically disagree with the last statement of those with degrees make more than those without. Sure that’s the idea but that’s not the reality. I’d say it’s closer to 50/50 My blue collar husband out-earns 90% of the people I personally know that graduated from a 4 year. College doesn’t do anything for people except for tell them how to get a job and work for someone else. The graduates that are successful aren’t so bc of college but college might have given them the confidence to pursue bigger and better things. Formal education doesn’t create ambition which is why so many successful people say you don’t need college to reach success.

  • @adultingmoneytalks391

    @adultingmoneytalks391

    3 жыл бұрын

    I agree. Cost benefit degree major analysis should be conducted in high schools during 10th and 11th grade. Many people may be better off gaining certifications and working a few years first before making a 30k - 2000k investment.

  • @Pieceofcandy

    @Pieceofcandy

    3 жыл бұрын

    @@adultingmoneytalks391 yep, not everyone needs a college education and that talk track that has become so popular over the years, has lead to people making what is basically a investment (bet) that their degree will land them a job that will eventually pay off the incurred debt and grant them a better life has lead to a large percentage of my generation stuck in debt in a stagnating job market.

  • @Pieceofcandy

    @Pieceofcandy

    3 жыл бұрын

    @C Yeah, it's just the time and cash investment is a risk and kids/teens should be made aware of that. Right now, college is pitched as the "silver bullet" to avoid financial strife. Our current economic situation is a black swan event but just like the people in the video, anyone who went to college to get a "good job" is now going to have to carry a massive debt leading into a economic recession.

  • @CassRudolph
    @CassRudolph4 жыл бұрын

    I graduated into the 2008 recession. It was one of the hardest things to live through feeling like you did everything right but nothing paying off. I feel for everyone who's graduating right now and entering into this job market. Throw out whatever career/life path you thought you were going to have and be prepared to take a long winding unclear road to get to your career and life goals.

  • @leemedlin3100

    @leemedlin3100

    4 жыл бұрын

    I went into the military between 2009-2013 as a result of the Great Recession. Till this day, many millennials, in my area, who around my age, are stuck in dead end service sector gigs as a result of the recessions impacts. Unfortunately looks like Gen Z will fair no different 😞

  • @chastastokes6077

    @chastastokes6077

    4 жыл бұрын

    I graduated college during the 2008 recession. Had a hard time with gainfully employment opportunities. Went back to school for my masters, graduated this May 2020. It’s extremely disappointed to in the same bad job market situation

  • @hypnoliz

    @hypnoliz

    4 жыл бұрын

    @@leemedlin3100 I went into the Navy 2009-2014 and now May 2020, I just graduated with my BS mechanical engineering lol

  • @fidelaramirez2066

    @fidelaramirez2066

    4 жыл бұрын

    @@hypnoliz I have a question since you graduated with a mechanical engineering diploma do you find a job or does the college find the job for you?

  • @asadb1990

    @asadb1990

    4 жыл бұрын

    @@chastastokes6077 well one thing is unless my employer funded my masters i wouldnt do it. and second, you should have tried to get an internship that could turn part time during school. and that job may turn into full time if you ask for it. so many students make the mistake of not doing internship while in school and then complain they don't have experience.

  • @mdouglastv
    @mdouglastv4 жыл бұрын

    2010 graduate here. It sucked. Worked minimum wage, retail for a solid 5 years after that. Finally places were hiring full time in my area in 2015 and landed my accounting job finally.

  • @jordanwilliams9300

    @jordanwilliams9300

    4 жыл бұрын

    My story is nearly identical to yours.

  • @stevengiji3886

    @stevengiji3886

    4 жыл бұрын

    This scenario is not comparable. This will hit every nation until everyone is vaccinated.

  • @ZawadiBirya

    @ZawadiBirya

    4 жыл бұрын

    Wow. That must have been so tough. How did you cope?

  • @triciacharles8022

    @triciacharles8022

    4 жыл бұрын

    Same. Worked in retail for another 8 years till I went back to school for another degree. Finally got my tech job 2 years ago.

  • @ft9kop

    @ft9kop

    4 жыл бұрын

    The first ones to get hired are the laid off experienced workers, then the new graduates her hired, then the old graduates. It sucks. It definitely throws off Life milestones like house purchase and children 😥

  • @user-xn4yu5rn9q
    @user-xn4yu5rn9q4 жыл бұрын

    RIP to all international students.

  • @buzzlightyear8896

    @buzzlightyear8896

    3 жыл бұрын

    Yea I feel so bad for them... paying 3 times the tuition for a chance in realizing the American dream only to be hit by this

  • @thelonercoder5816

    @thelonercoder5816

    3 жыл бұрын

    @@buzzlightyear8896 international studies is a pretty useless degree as it is. I wish colleges would stop telling kids that all degrees are worth studying because they simply are not. Going $50k in debt to only make $30k/year doesn't make sense to me.

  • @mirastolegenov

    @mirastolegenov

    3 жыл бұрын

    @@thelonercoder5816 they were talking about international students, not a major

  • @pyramidion5911
    @pyramidion59114 жыл бұрын

    I graduated in '07 and spent my 20s in poverty working minimum wage jobs getting fired and evicted left and right and sleeping on couches and behind grocery stores. At 29 I turned it all around and started selling thrifted clothes and doing food deliveries on bicycle. Now I'm about to buy a car for the first time in ten years and I'm getting months ahead on my rent. It is never too late to turn things around you just have to be willing to PLAN for it and keep going after it day after day no matter how discouraged you might get.

  • @tausifahmed8121

    @tausifahmed8121

    4 жыл бұрын

    Keep it up man wishing you all the best

  • @tristankoh1440

    @tristankoh1440

    4 жыл бұрын

    inspiring story , was a tough journey but we all got somewhere!

  • @Kaizer177

    @Kaizer177

    4 жыл бұрын

    Fighting spirit 👍

  • @KS-cl8br

    @KS-cl8br

    4 жыл бұрын

    Congrats for your success.

  • @aaash3842

    @aaash3842

    4 жыл бұрын

    what did u graduate with?

  • @grod805
    @grod8054 жыл бұрын

    I graduated during the recession. It sucked and it never got better. Let's not sugarcoat it for these kids. It will be hard

  • @thoyo

    @thoyo

    4 жыл бұрын

    We also shouldn't discourage them from trying.

  • @terrie001

    @terrie001

    4 жыл бұрын

    Ya. Good luck to them competing with the experienced people who just lost their jobs. No chance.

  • @pyramidion5911

    @pyramidion5911

    4 жыл бұрын

    Agreed we need to stop sugarcoating things. Kids are very very sensitive these days because we set them up for failure when they are young. Stop lying to your kids about education, religion, and government and they will be much better rounded humans.

  • @notoriousosc1669

    @notoriousosc1669

    4 жыл бұрын

    It will be hard but not impossible. Maybe it never got better for you because you don’t have a great mentality.

  • @tiktokbbyy3825

    @tiktokbbyy3825

    4 жыл бұрын

    I’m sure it will be hard, we will be taking advantage of!!!

  • @airot1987
    @airot19874 жыл бұрын

    In America, you're never safe unless you're extremely wealthy

  • @Mistyfgdf

    @Mistyfgdf

    3 жыл бұрын

    Invest in dividend stocks and you should be set through a recession

  • @Nobody-jp7lm

    @Nobody-jp7lm

    3 жыл бұрын

    Bob Jones it's even worse in US because pf their health system

  • @sushenpenakalapati9966

    @sushenpenakalapati9966

    3 жыл бұрын

    Nobody no it’s no

  • @sack8439

    @sack8439

    3 жыл бұрын

    Invest in stocks and when a economic crisis comes you should have alot of money saved up so you can invest in the dip so you come out on top after the crisis. I just started investing at the start of march 2020. So i invested in alot of stocks in my country so i went from 2k $ to 20k.

  • @caposolomon8745

    @caposolomon8745

    3 жыл бұрын

    you have to be in an eco chamber that never leave the country to believe that.

  • @MohanadKhuraishi
    @MohanadKhuraishi4 жыл бұрын

    Good on CNBC for bringing 2008/2009 graduates to get a perspective from the last recession 👍🏻

  • @anthonyromano6921

    @anthonyromano6921

    4 жыл бұрын

    Yep. It was a mess, I remember at the time applying to grad schools, an my friends trying to get jobs at that time application after application and getting nothing in response.

  • @stevengiji3886

    @stevengiji3886

    4 жыл бұрын

    This one is not comparable .

  • @FaithFromSlovakia

    @FaithFromSlovakia

    4 жыл бұрын

    Funny enough, they were all business owners now :D

  • @topcomment3816

    @topcomment3816

    4 жыл бұрын

    Steven Giji That’s exactly what they were saying in 2008

  • 4 жыл бұрын

    @@anthonyromano6921 Been like that way for a while. Economy is banjaxed but we keep printing money to make it seem OK.

  • @traceford4904
    @traceford49044 жыл бұрын

    The Universe: Welp I already destroyed the Millennials time to move on to Gen Z. Cracks knuckles.

  • @ZodiacEntertainment2

    @ZodiacEntertainment2

    4 жыл бұрын

    Make no mistake- this is our government's fault. NOT the universe. Don't lose sight of the people that put us in this situation.

  • @hummingbird1016

    @hummingbird1016

    4 жыл бұрын

    @@ZodiacEntertainment2 only sane person left in this country is you. If people cannot see that the government carelessness and unpreparedness got us in this debacle then woo child ...this will be a bumpy ride for years to come.

  • @asadb1990

    @asadb1990

    4 жыл бұрын

    @@ryanonline4817 i found it easier to get the first job by learning all about it and lying about the experience. and fake it till you make it.

  • @SuteDevices

    @SuteDevices

    4 жыл бұрын

    @@ryanonline4817 Exactly. Don't ever sit at home with nothing to do, or not learning. Also, the cheap stocks part is nowhere near yet, neither is the housing market

  • @321Leviathan

    @321Leviathan

    4 жыл бұрын

    @@ryanonline4817 not sure if 1000 apps is humanly possible, but I agree with the sentiment. Having to take a trial by fire when it was much easier for others sucks, but you're going to have to do it so giddy up

  • @myhattan
    @myhattan4 жыл бұрын

    Graduated in May 2019, it took me 10 months (March) to get a job in my career (Video Producer) got laid off within 4 days. 😪

  • @interestingissues

    @interestingissues

    4 жыл бұрын

    Come on. You will get a better job soon.

  • @mabelw7

    @mabelw7

    4 жыл бұрын

    Its so bad out there. Take babysitting or grocery delivery jobs

  • @mabelw7

    @mabelw7

    4 жыл бұрын

    Do u live near philly? I can use video producer,

  • @NickVennlig

    @NickVennlig

    4 жыл бұрын

    Me too. Also graduated in May 2019 from college and although getting a job right after college, I soon quit and because of this pandemic I have been forced to be without work for an extra few months.

  • @arifjay_98

    @arifjay_98

    4 жыл бұрын

    That's tough man hope u can survive

  • @Quanic2000
    @Quanic20004 жыл бұрын

    I graduated from college in 2009. Got a $16/Hr job but got laid off within 6 months. Wandered for about 2 years. Went back to school for nursing. Now I'm "essential" and make 4 times that. Tough times down last, tough people do.

  • @notoriousosc1669

    @notoriousosc1669

    4 жыл бұрын

    You went from HR to nursing? Awesome story, congrats 🎈

  • @karinasimon9589

    @karinasimon9589

    4 жыл бұрын

    @@notoriousosc1669 I think she meant $16 an hour

  • @Doors067

    @Doors067

    4 жыл бұрын

    I got my masters and make 15 an hour and have turned down offers for more money because i love what i do. Like art donovan said once "i dont need much money theres only so many hot dogs i can eat"

  • @kennyhoang1181

    @kennyhoang1181

    4 жыл бұрын

    Smart move. Do what make money. Not what you like

  • @plwjk3879

    @plwjk3879

    4 жыл бұрын

    woow thats awesome im looking to join nursing too any advice for someone who has no background in Science?? Is it R eally hard to learn?

  • @edema.3418
    @edema.34184 жыл бұрын

    I graduated into the Great Recession in 2008. I lost income and wealth building opportunities I will never be able to recover. This situation seems much much worse. These graduates have had it bad, having to finish their last semester online and not having a graduation ceremony...etc. I wish them all the best. Stay strong grads 💪

  • @Noname-iw1gt

    @Noname-iw1gt

    4 жыл бұрын

    2008 is not the great recession

  • @ryqn

    @ryqn

    4 жыл бұрын

    Bro... seriously there’s google, the Great Recession of 2008 is a real thing

  • @plymix8389

    @plymix8389

    4 жыл бұрын

    @@ryqn The great recession is the one that happened in 1930 not the 2008 one.

  • @TiredButHardWorking

    @TiredButHardWorking

    4 жыл бұрын

    PLY MIX - The Great Recession did exist. It began in December 2007 and ended in 2009. It has also been categorized as the "subprime mortgage crisis." www.google.com/amp/s/www.history.com/.amp/topics/21st-century/recession

  • @steven5781

    @steven5781

    4 жыл бұрын

    How could you people have been alive in 2008 and not know the name of the crisis wtf?

  • @Hanzo1777
    @Hanzo17774 жыл бұрын

    Millennial : First time ? Gen Z: yeah

  • @ladhkay

    @ladhkay

    4 жыл бұрын

    Pretty sure its the first time for a lot of millennials too. Source - I'm a 24yr old millennial

  • @BookofFuture

    @BookofFuture

    4 жыл бұрын

    Yeezy *younger millennials

  • @emajjabowen6748

    @emajjabowen6748

    4 жыл бұрын

    Fajitahmed gen z starts in 96. You were born into google. Your first phone was probably an iPhone or Samsung. You are not a millennial

  • @angelgjr1999

    @angelgjr1999

    4 жыл бұрын

    Guys, we are early Gen z. We didn’t grow up in the 80s or 90s. 1999 baby here.

  • @nocrtname

    @nocrtname

    4 жыл бұрын

    Lol anything but millennial. You guys are like the ppl born in 1982 swearing they’re genX.

  • @JohnNovakovich
    @JohnNovakovich4 жыл бұрын

    Hi everyone, I'm in this video and I want to say that looking through the comments I'm AMAZED at how supportive people have been! So many people who graduated in the last recession are sharing their advice and what they learned, and even just sentiments like "this sucks, but good luck" are nice to hear. There's obviously a few people gloating or saying that we deserve this, but it's a KZread comments section so what can you do? If anyone has any questions for me or wants to say their piece to my virtual face, replying to this comment is a good place to start! Stay safe everyone and I hope you keep your jobs haha!

  • @josephc4229

    @josephc4229

    4 жыл бұрын

    Do you think it will eventually become the norm to live with parents until 30? -coming from another 22 y.o soon to graduate. Best of Luck Brotha!

  • @JohnNovakovich

    @JohnNovakovich

    4 жыл бұрын

    @@josephc4229 I sure hope not haha! In general, living with parents through your twenties has become way more normalized in America since 08. I bet the trend will increase, but I for one am hoping not to live with them much longer

  • @katv3116

    @katv3116

    4 жыл бұрын

    I graduated just a week ago working full time and I was always looking forward to quitting my job and starting my career, although it sucks that I feel like everything is at a standstill, I'm just thankful I have a job 🙏 hoping after this pandemic we can fulfill our dreams that we worked so hard for

  • @sophiachunawala1606

    @sophiachunawala1606

    4 жыл бұрын

    Would the market be stable when graduating in '23?

  • @JohnNovakovich

    @JohnNovakovich

    4 жыл бұрын

    @@sophiachunawala1606 literally no one knows. But probably. Study something marketable and don't freak out

  • @puffballavada6967
    @puffballavada69674 жыл бұрын

    It's so cool that everyone here has a stable household they can return to when they are down on their luck. Really wish there was a focus on issues that a more diverse student body faces in the job market.

  • @jacquelinele9170

    @jacquelinele9170

    4 жыл бұрын

    Yeah considering that there's a population of homeless college students too ☹️

  • @sety409

    @sety409

    4 жыл бұрын

    Lol I'm coding from a van. Junior for Electrical Engineering.

  • @puffballavada6967

    @puffballavada6967

    4 жыл бұрын

    anon2k10 Did you watch the video? It was about the job market not the living situation.

  • @JohnNovakovich

    @JohnNovakovich

    4 жыл бұрын

    I'm in this video but I still agree! I thought I'd be one of the "more stable" stories and definitely some of these students have it worse than me, but in general I wish this was a better cross section of 2020 graduates.

  • @PrernaPurohit93

    @PrernaPurohit93

    4 жыл бұрын

    yeah agree. I think the OPT students present an important side, but the others can return to the luxury of their homes within the US. The Harvard grad came across as pretty entitled. The worst thing to happen to him is not getting a NYC apartment and going back to his parents house. He's surprised he has not heard back after 100+ applications which is a normal situation for non-ivy college grads even without a recession.

  • @jiffybishop3191
    @jiffybishop31914 жыл бұрын

    Graduated may 2019 with my bachelor's with my dream job offer. Everyone thought I was crazy for not doing one more year to get my masters (my program had just rolled out a 4+1 joint BS/MS program). I thank my lucky stars everyday I decided against that one year delay. I really feel for these graduates, they did everything right and the world did them dirty.

  • @JoshIsOnAMission

    @JoshIsOnAMission

    3 жыл бұрын

    so happy you followed your gut on this. The "real world" can be intense sometimes, but we have to face it.

  • @camwheel
    @camwheel4 жыл бұрын

    Graduated high school in 2008 and now from my undergrad in a few weeks. My timing is impeccable

  • @nicoletaylor2880

    @nicoletaylor2880

    4 жыл бұрын

    Jesus Im going to pray for a lot of people

  • @15daisyflower
    @15daisyflower4 жыл бұрын

    I’m also a 2020 college graduate and it makes me feel better that I’m not alone. The situation is so unfortunate and it does feel like my life is being delayed, but the advice the ‘09 graduates gave is valuable. Loved this video, thanks!!

  • @dempleon4791
    @dempleon47914 жыл бұрын

    I just graduated with my computer engineering degree. I worked for an ikea warehouse while going to school. They just bumped up my hourly pay from $17 to $21. Im just gonna chill and keep doing what I’ve been doing and work on some resume projects then find an hardware engineering job or software dev job when this virus blows over.

  • @ericblanc4064

    @ericblanc4064

    3 жыл бұрын

    I'm a SW developer myself ($120K CAD yr) and my advice to you would be to start looking for a job in your field of study. Not only you'll make much more money, but it would also allow some other student or someone who lost his\her job to survive in these hard times. Good luck to you man!

  • @user-yb6tk1ru6x

    @user-yb6tk1ru6x

    3 жыл бұрын

    Good idea. If you got a job stick with it. I know laid off banking directors working as delivery guys at they moment. And they had to beg to get those jobs. Do what you need to to survive.

  • @da3749

    @da3749

    3 жыл бұрын

    Apply now, it took me a month to get a job in the field (starting next week)

  • @NicksDynasty
    @NicksDynasty4 жыл бұрын

    Living with parents isn't so bad. I paid off my student loans in 1 year by doing it

  • @TMM-N

    @TMM-N

    4 жыл бұрын

    Good for you

  • @breaellis5827

    @breaellis5827

    4 жыл бұрын

    Good point!

  • @MorrelThompson

    @MorrelThompson

    4 жыл бұрын

    Depends on your parents my parents and me weren’t a great mix living with each other and they wanted to control me while I wanted independence

  • @Anthony-hh2om

    @Anthony-hh2om

    4 жыл бұрын

    You need a job to pay your student loans lol

  • @NicksDynasty

    @NicksDynasty

    4 жыл бұрын

    @@Anthony-hh2om there are jobs out there. They may not be able to find a job in their field but they can work at some odd jobs until they can work in their passions

  • @FaithFromSlovakia
    @FaithFromSlovakia4 жыл бұрын

    I graduated in 2012 obtaining MSc in IT (distinction)... was jobless for 10 months, lost 22 pounds due to that, my health plummeted as well, developed a bad cough and almost got pneumonia at the end. I was also alone in another country so there were days I literally did not speak to anyone... it was the lowest point of my life. However, during that time I learned a lot about online marketing and e-commerce. Thanks to that I have a successful business now working 100% from home during this terrible pandemic. So yeah... it kind of made me stronger and now I do what I love.

  • @adfectum

    @adfectum

    4 жыл бұрын

    Faith's Channel 2012 was the year of a huge rise. I’d say 2012 - 2016 were the best years to be in IT. The worst years of the recession were 2008 - 2010.

  • @jeannejean3630

    @jeannejean3630

    4 жыл бұрын

    But why didn't u get checked/treated ?

  • @safiyacarroll

    @safiyacarroll

    4 жыл бұрын

    Appreciated the honesty very real

  • @Pcarnevaaa

    @Pcarnevaaa

    4 жыл бұрын

    There is way too many IT grads...

  • @Pcarnevaaa

    @Pcarnevaaa

    3 жыл бұрын

    Yep, you aren't the only one with an IT degree. They are useless. America keeps making up this myth that we don't have enough skilled workers. We have plenty. They just say that so companies can have the excuse to outsource for cheaper labor via the visa programs.

  • @sameerahmohammed6622
    @sameerahmohammed66224 жыл бұрын

    The point about nothing making yourself too general is really good advice. Communication majors out here crying.

  • @woopdedoop4811

    @woopdedoop4811

    4 жыл бұрын

    The prime minister of my country was a communication major god knows its come in use, she's excellent (Jacinda Ardern) don't lose hope.

  • @saasda6255

    @saasda6255

    4 жыл бұрын

    Woop Dedoop using an anomaly as a defence of an argument is stupid

  • @pragueexpat5106

    @pragueexpat5106

    3 жыл бұрын

    How many prime ministers a country can have?..

  • @FCTrinese
    @FCTrinese4 жыл бұрын

    Yo. These are smart kids with job offers before graduation. Imagine the kids who didn't go to college.

  • @kreepikrawli6301

    @kreepikrawli6301

    4 жыл бұрын

    They are in the same situation but don't have student loans to pay?

  • @HackersSun

    @HackersSun

    4 жыл бұрын

    @ you sir have more wisdom than 1000 teachers Would have been helpful if I was told this in the 00s :P

  • @vince7735

    @vince7735

    4 жыл бұрын

    I imagine the kids who didn't go to college are probably happier not working themselves to death to buy crap!!

  • @tylerh1648

    @tylerh1648

    4 жыл бұрын

    If they went into trades, most of them will still be doing alright if not great. World is always gonna need electricians, plumbers, welders, etc.

  • @Pcarnevaaa

    @Pcarnevaaa

    3 жыл бұрын

    @c6dandi "science fields that will recover quickly or aren’t affected that much" oh please

  • @tgood4839
    @tgood48393 жыл бұрын

    I (28M) graduated with my BA from a Top 15 university in 2014. I have been underemployed ever since. Most of it has been because of my feeling lost and confused about not only what I want to do for a career, but also what I need to do to get there. It's also mental health issues that I have had to manage and overcome. Both of my parents have died in the last three years. Last year I started my Masters in supply chain management. In August of 2020 I will receive my Masters degree. I have started applying for supply chain jobs as I work at my grocery store. Life is hard and most things don't just show up on your door step. Nothing is guaranteed anymore. To all new graduates and future graduates, you're not alone. Welcome to the club!

  • @unisangalaxystudio

    @unisangalaxystudio

    Жыл бұрын

    same this why I didn't go for higer college 70% of people in my filed don't get jobs as easy as it once was.

  • @randomsounds8959
    @randomsounds89594 жыл бұрын

    I get it. I graduated back in 2009 during the last recession. It was difficult for anyone to find a job. People were getting laid off right and left. Asset values were plummeting. The world was uncertain that we would recovered from what was the worst recession since the great depression. What I found important was the fact that I never gave up. You will get multiple doors closed on your face, but you need to look ahead and make sure you keep your chin up and keep trying. While your dream job might be pushed forward on your timeline, it doesn't mean you won't land it. Stay focus and and if you're determined enough, you will get through this stronger. PS: Congrats on graduating class of 2020! The culmination of hardwork for the past few years was not a waste. Its just unfortunate to be in the situation we're in right now.

  • @deejaemma9021

    @deejaemma9021

    4 жыл бұрын

    Thanks for this comment. Made me feel better.

  • @VickEian

    @VickEian

    4 жыл бұрын

    Thanks for saying this

  • @rabidrabbits2483
    @rabidrabbits24834 жыл бұрын

    Thank you for making one of the few good videos showing what is happening to students. A lot of videos are only focusing on the lost graduations, which is the least of our problems. And even though this video does shed light on important issues, it only glosses over the fact that not every student has a home to go back to.

  • @josephc4229
    @josephc42294 жыл бұрын

    Class of 2020 is going to be competing with 21' and '22 graduate for jobs in the short term.

  • @thirdeye1219

    @thirdeye1219

    4 жыл бұрын

    And ALL of those you mentioned will be competing with the people in their late 20s early 30s who have a resume with work experience on it.. the 20,21,22 classes have just been put into a strong stranglehold with their future movement within their social stratification b/c of all of this.. Unless they go into a trade.

  • @sisir360

    @sisir360

    4 жыл бұрын

    thirdeyeshine I’ll be a 2022 Master’s degree graduate, so that is concerning. But I’m banking on the fact that I’ll graduate with an MBA in healthcare management, which will probably still be in high demand in 2022.

  • @wasabea2695

    @wasabea2695

    4 жыл бұрын

    Don't forget the 2019 graduates. They were the first ones to be laid off since they have the least experience in the workforce.

  • @helenemariaraj3352

    @helenemariaraj3352

    4 жыл бұрын

    @@thirdeye1219 But the people in the 30s are not gonna be in an advantageous position here. They have families and they need a lot more money than these new graduates, who are basically kids and will be willing to work for less.

  • @Mistyfgdf

    @Mistyfgdf

    3 жыл бұрын

    @@thirdeye1219 Im trying to get into a trade post Highscool (Aviation) BUT its so UNCERTAIN I also recently started learning about finance / STOCK MARKET It does not help seeing these major airplane companies with negative stocks Honestly scared

  • @matthewmcdonald6535
    @matthewmcdonald65354 жыл бұрын

    I didn’t go to college, started welding and work never even slowed up during what’s going on. College isn’t for everyone and landing your dream job out of college isn’t always going to happen, tough economical times or not. I have no debt and just google what a welder makes. You finish college and often have no job experience. Learn a trade, go to work, start paying off your debt and don’t give up on the dream job but pick a job in a demand. Eventually having a degree will pay off.

  • @AllenBaby7

    @AllenBaby7

    4 жыл бұрын

    Wow! I was impressed by how much a welder makes. Way to go man, keep at it.

  • @danielredziniak2996

    @danielredziniak2996

    4 жыл бұрын

    yes but you'll die quicker because of the fumes. Not for everyone but you still have my respect.

  • @gundalaibatkhuu3169

    @gundalaibatkhuu3169

    4 жыл бұрын

    This. Learn a trade. I graduated last December with BS in finance. Had an internship in a big bank during my last year but still can’t land a job in the field. What is saving me these days is the steelfixer/rodbuster trade I have learned working part-time. Its a hard and menial physical labour but pays the decent 30$ p/h

  • @Mistyfgdf

    @Mistyfgdf

    3 жыл бұрын

    Man i wanna get into aviation but that field seems so uncertain (Im going to senior year) So it would be 2021 when i graduate, So Less than a 1 year Buffer for the economy / World to open up.....

  • @Kanal7Indonesia

    @Kanal7Indonesia

    3 жыл бұрын

    It's too late for me to learn a trade

  • @KelechIwuaba
    @KelechIwuaba4 жыл бұрын

    Whenever I see a story of an international going through this, my heart goes out to each and every single one. Cause been there and I never want someone else to feel that same level of pain and discouragement.

  • @asadb1990

    @asadb1990

    4 жыл бұрын

    well as a canadian citizen, i hurt inside anytime a company hires a foreign worker over a local. in calgary, Edmonton, etc during the oil boom, it was standard to hire people overseas and move them to canada over hiring a local canadian.

  • @blackpillbishop5016

    @blackpillbishop5016

    4 жыл бұрын

    @@asadb1990 100% agree with this

  • @spasplash156
    @spasplash1564 жыл бұрын

    It’s sad and scary especially because students don’t get stimulus checks

  • @sedikm

    @sedikm

    4 жыл бұрын

    In Canada us students get 1.25k a month for 3 months(:

  • @Stanzafly

    @Stanzafly

    4 жыл бұрын

    Where did you get this info? It's just based off of whether you had a job and filed taxes. I'm a student and I got one.

  • @spasplash156

    @spasplash156

    4 жыл бұрын

    Sedik Mohammed America is still better 🖕

  • @sedikm

    @sedikm

    4 жыл бұрын

    @@spasplash156 😂😂 I will strongly disagree. The US government is bailing out wall street and leaving the general public cold and completely mishandling the pandemic response. Trudeau and our government body are helping almost everyone who has been affected by covid-19 (most people getting 2k every month) and spending a lot on social programs alongside small business and corporate relief. We are not perfect but seem to have somewhat of a balance. Even outside the issues revolving around the pandemic you guys seem to have bigger issues than us socially and economically. Your country is nice in some aspects but I wouldn't go as far to say America is better than Canada because that just comes down to personal opinion.

  • @spasplash156

    @spasplash156

    4 жыл бұрын

    Sedik Mohammed pandemic is horrible because everyone flocked to the us internationally. Also your name is Mohammed so now we no

  • @crazy4beatles
    @crazy4beatles4 жыл бұрын

    Nice to see so many encouraging and advice-filled comments. I thankfully had a job when the recession hit but I definitely had to work hard and be flexible to stay employed. So for those who do have a job offer - be prepared to take on additional responsibilities to cover for those that are laid off or positions that go unfilled. Keep a pulse on what is happening in your industry so you can keep your skills up to date and sharp and be ready to jump on opportunities.

  • @yodaleiheehu3280
    @yodaleiheehu32803 жыл бұрын

    I graduated highschool in 07 recession. Graduated college in 2012. Recession again. Went back to college in 2018 finished 2020. I will never work in my intended fields.

  • @solomonthell7589

    @solomonthell7589

    2 жыл бұрын

    Dang

  • @courtcommish
    @courtcommish4 жыл бұрын

    It’s great that CNBC is sharing this, love hearing this kind of content!

  • @TheM0show
    @TheM0show4 жыл бұрын

    I needed this video so much, good to see others can relate to my struggles right now.. I'm UNC class of 2020 and the job offer that I had lined up also got revoked.

  • @sumanbasnet1919
    @sumanbasnet19194 жыл бұрын

    Vacation is positive way of seeing through. Vacation here means just staying safe and healthy until everything gradually becomes normal. We will get through this.

  • @frenchadrian
    @frenchadrian4 жыл бұрын

    I graduated with a JD (law degree) in May 2017, I was 26. In a healthy economy it still took 1.5 years to find a meaningful, well paid job as an associate attorney. I moved back home and applied to more than 100 jobs.95% rejections. I eventfully got hired at a good firm with good pay. It’s ok if you spend the next 1-3 years spinning your wheels, you will get to where you need to go. We’re all affected by this. Keep applying, keep going.

  • @tchaffman
    @tchaffman3 жыл бұрын

    I completed six internships, graduated with a B.A., and I'm still underqualified for an entry-level job. 1500 apps; zero interviews. I know I'm not entitled to anything. I'm just focusing on what I can control and just hoping for a shot.

  • @emilyse147

    @emilyse147

    3 жыл бұрын

    That is crazy!!! Good luck to you, God bless!

  • @user-yb6tk1ru6x

    @user-yb6tk1ru6x

    3 жыл бұрын

    There's always jobs you can do... Just maybe not the ones you thought you'd be doing. There's no shame in doing something different until you get your lucky break.

  • @tchaffman

    @tchaffman

    3 жыл бұрын

    @iTalkData My experience right now is that I'll either need a few more internships (possibly 1 unpaid) or that I'll have to get an MBA in order to get a real entry-level job. I graduated with a B.A. in international relations from American University in Washington, DC in May.

  • @Kanal7Indonesia

    @Kanal7Indonesia

    3 жыл бұрын

    Jesus Christ...

  • @noinformationretained8861

    @noinformationretained8861

    3 жыл бұрын

    Jesus I’m sorry dude.

  • @shaquillegriffiths
    @shaquillegriffiths4 жыл бұрын

    Things are going to get better. We going to get through this. Just have to hope and faith. Best of luck to you guys.

  • @colorfulcodes
    @colorfulcodes4 жыл бұрын

    Wow, I'm so sorry for you guys. I know it sucks now but things will look up. It took me a few years after graduating to get my footing. Keep your heads up. Sometimes hard work doesn't equal automatic success but it'll come at some point.

  • @A96000
    @A960004 жыл бұрын

    2018 grad here. Honestly, just move back in with your parents and find a side hustle (writing papers, tutoring..) to cover your basic expenses

  • @adfectum

    @adfectum

    4 жыл бұрын

    Aman SA 2018 was one of the best years to graduate in terms of employment opportunities.

  • @angelgjr1999

    @angelgjr1999

    4 жыл бұрын

    adfectum Good luck getting a good job without decades of experience and a dozen degrees.

  • @adfectum

    @adfectum

    4 жыл бұрын

    @@angelgjr1999 I'm fine so far. What is your degree in?

  • @angelgjr1999

    @angelgjr1999

    4 жыл бұрын

    adfectum Currently working intensively a web development diploma.

  • @aragornii507

    @aragornii507

    4 жыл бұрын

    Angel Gutierrez worry for those without degree

  • @breannemoreno508
    @breannemoreno5084 жыл бұрын

    I'm 22 living with my parents, graduated December 2019. Took a Vacation in January & started working full-time in February with my first job EVER, then in March everyone got sent home to work remotely. It's all really weird, but I'm thankful that i'm healthy and employed. I wouldn't say it's bad living with your parents before 25. It does make me feel lame, but I also know a lot of first time home buyers are in their early 30's these days. Hoping to continue learning and saving and growing my skillset while we're all stuck at home during COVID.

  • @aidou97
    @aidou974 жыл бұрын

    I can't even imagine the pain and stress they're going through. I graduated in 2017 and it still took me six months to land a job post graduation...

  • @jeremym367
    @jeremym3674 жыл бұрын

    Graduated in 2007. My advice would be don't wait for a job and start your own business or work for yourself.

  • @morganmiller1282
    @morganmiller12823 жыл бұрын

    This is how I feel and I am so depressed I feel like I can’t handle it anymore. I don’t want to mooch off my parents and I feel like I’m a failure.

  • @SunnyKindJourney
    @SunnyKindJourney3 жыл бұрын

    OMG to hear all these stories is so heart breaking. I graduated with my Master's this year and I am in the exact same situation. In every interview they just say that they can't afford to have people just graduated with no experience. It feels that after have had achieved so much in school and graduated, now we are just lost and don't know necessarily what to do with our future 😔

  • @MrChileung
    @MrChileung4 жыл бұрын

    It is a hard time and you all will be stronger through this. Best wishes.

  • @jamesrivers3627
    @jamesrivers36274 жыл бұрын

    I am a graduating senior and I was very lucky to keep my offer. It breaks my heart to see people like Nathalia Kasman who if they don't find a job would even have to move back.

  • @adfectum

    @adfectum

    4 жыл бұрын

    She won’t find a job with a BFA as an international. No one will ever sponsor her. It was not a possibility even before the pandemic.

  • @jtrix34
    @jtrix343 жыл бұрын

    Starting to think getting a B.S. in marketing was one of biggest mistakes of my life so far.

  • @MissMBA
    @MissMBA4 жыл бұрын

    Definitely hear your pain. Went through it on the last recession. Got laid off, had to work an hourly temp job that paid pennies. Was never made permanent so moved on to another company (took a while). The detriment to my salary, I still feel today. I saw how people that graduated when the economy was booming made close to what I was making with years of experience. Really screws with your psyche and holds you back so much more. To have to live through another recession now I worry how much I'll be pushed back again.

  • @xoxMissC
    @xoxMissC4 жыл бұрын

    I went through it in 2008. Graduated high school in 2007. Went to college during the recession. What I learned keep your head up, hustle and make money wherever you can, network, and be open to opportunities as they come up.

  • @LebohangTokoane826
    @LebohangTokoane8264 жыл бұрын

    Here is South Africa we have high youth unemployment rate , just imagine what this pandemic is going to do, we still had graduates who were looking for jobs before this pandemic, now just imagine a mess we are going to be in.

  • @ZawadiBirya

    @ZawadiBirya

    4 жыл бұрын

    Same here in Kenya. I'm afraid to see how this will impact African countries.

  • @10DGjoHnSon

    @10DGjoHnSon

    4 жыл бұрын

    @@squeegeee946 Nigeria biggest export is oil accounting for 88% of exports, with the pandemic, falling oil prices and high unemployment, that's a huge disaster waiting to happen. Don't also forget that the children of the rich people who went to study abroad can't get jobs there....so it will be a very very hard time for everyone.

  • @plymix8389

    @plymix8389

    4 жыл бұрын

    In the US youth unemployment is about %27 right now too.

  • @jackson7962

    @jackson7962

    4 жыл бұрын

    This will be the end the US world economic dominance. I think our 100+ year dominance has come to an end. Prepare for worst and hope for the best

  • @sebastiandelaparra

    @sebastiandelaparra

    4 жыл бұрын

    Same here in Mexico, the situation was hard before the pandemic and now things are going really bad.

  • @KL-bc1eg
    @KL-bc1eg4 жыл бұрын

    "Millennial : First time ? Gen Z: yeah" Gen X: you guys are so screwed

  • @chigasaki06
    @chigasaki063 жыл бұрын

    I've been there. Finished grad school, got an offer which was rescinded. Moved back home and took on some unpaid intern positions. After about two years, I landed a full-time position in my field. Keep pushing, it will get better.

  • @thedriftr1990
    @thedriftr19904 жыл бұрын

    2010 graduate here. it was bad but it got better. Dont lose hope. Things will be fine. Keep doing what you got to do to survive this time.

  • @ladysaturn3876
    @ladysaturn38763 жыл бұрын

    Let us remember those of us in the class of 2004 HS graduates and 2008 college graduates such as myself....I don't think we ever recovered fully ...my heart goes out to these kids

  • @freedeworld
    @freedeworld4 жыл бұрын

    It’s even harder for international students, much much harder with the visa requirements pulling your leg.

  • @yoyoyo111able

    @yoyoyo111able

    3 жыл бұрын

    MC Ho who cares about them...they are taking Americans jobs and should go back to their own country and work there ...make America great again

  • @freedeworld

    @freedeworld

    3 жыл бұрын

    Busy Bee have a great day, mate. Lol.

  • @HomeWithSimone
    @HomeWithSimone4 жыл бұрын

    I know exactly how this feels. I graduated with a BA in 2007 with no job prospects but eventually found a career that I absolutely love. My advice is to be flexible. If you get a job that isn't your dream job, do it to the best of your abilities and try to develop the skills you need for your dream job. Consider volunteering to expand your skill set and never give up. It'll get better. It did for me.

  • @terrie001
    @terrie0014 жыл бұрын

    I graduated in December 2007. Got my job lined up for me. Started working in Jan 2008. Then the recession hits. I am the lucky few who graduated just before the recession. Still working with the same company today after 12 years at Mayo Clinic Rochester, one of the most prestigious hospitals in the country. Really feel I lucked out and still holding my job without furloughed during this tough time in 2020.

  • @Elite54.
    @Elite54.4 жыл бұрын

    Broke my heart watching those tears from Nathalia. Listen don't be sad, some industries are not impacted like others. Maybe it's time to transition on something else, learn new skills to be more competitive on the market. We will get back to it soon. #KeepPushing

  • @asadb1990

    @asadb1990

    4 жыл бұрын

    @@rumduol well if we stopped hiring foreigners then maybe the local citizens can get a chance.

  • @malaizze

    @malaizze

    4 жыл бұрын

    Phantom Warrior Quiet down, grandpa

  • @Minka_6

    @Minka_6

    4 жыл бұрын

    Well, not within 90 days of graduation but 90 days of when OPT starts. I graduated with Masters earlier this month but my OPT doesn't start until 27 July. But, we are still not allowed to just transition to something else.

  • @eddiestilll
    @eddiestilll4 жыл бұрын

    good luck to all recent grads graduating in such an unprecedented time :( stay strong well all get thru dis!!!

  • @katrinatavares3629
    @katrinatavares36294 жыл бұрын

    I graduated in 07 and it's only been within the past couple of years that I finally feel I am starting to gain traction with my career. It has taken a gargantuan amount of work to get to this point. I feel for these graduates, to have all of these big dreams and aspirations, only to have them dashed is heartbreaking.

  • @eddiegamez8800
    @eddiegamez88004 жыл бұрын

    The major thing for these grads IMO is that they're not only dealing with a bad job market, but it's also a changing market where things are shifting, especially how we work. I work in e-commerce on the accounts payable team and everything is stalled now to move forward with hiring. We're shorthanded because we had someone leave days before the stay at home orders were issued. We don't have the capacity to train a person remotely and it ends up where we're doing the jobs of 2-3 people each. The consensus is when we start hiring (and it will happen) we need people with the specified skill set to adapt more easily to the job and new grads generally aren't taught in areas like software for their field, etc. Also, work from home is unofficially becoming the new skill and if someone has a history of being able to work remotely, it'll likely give them an edge since the guidelines for in-office attendance are set to change to 50% or less for each employee as long as the pandemic continues...and it'll likely continue post-pandemic. I can't tell you how many new grads I met last year when hiring an admin with finance/accounting degrees and they have no idea how to work with QuickBooks. I ended up hiring someone with no accounting experience but had data entry knowledge and it aided them in learning faster the software faster. It should really make colleges look at requirements for curriculums and what they're actually teaching and should be tailored to actual business administration. Graduates lacking the necessary skills is nothing new, it's just more of a sore spot now that we're in this extreme situation.

  • @Bobo-jy5mg

    @Bobo-jy5mg

    4 жыл бұрын

    I mean to be fair, why would they teach students how to use Quickbooks? Seems a little specific. I graduated with both accounting and finance degrees and at no point would we have ever learned about specific functions about specific softwares. You really shouldn’t expect graduates to have that experience.

  • @eddiegamez8800

    @eddiegamez8800

    3 жыл бұрын

    @Emerald Anastasia There's no doubt excel is important. I agree with that, but from what I have learned is on its own, excel can be incredibly tedious and time-consuming. Personally, I came from a marketing background before being hired in finance. Was a shock to me, but they looked at my knowledge of HubSpot and SalesForce as what gave me an edge. I had beginner-intermediate knowledge of excel. I'm just saying some type of data entry should be implemented as a curriculum. Maybe even do away with electives and put more soft skill-based courses (including excel) as mandatory courses. It would make the candidate more sellable and could even help with obtaining a job during college.

  • @EvanAzevedo
    @EvanAzevedo4 жыл бұрын

    Lauren McGoodwin is exactly right. There are good ways to go about it though if you are smart and willing to apply your degree. The only thing that has worked for me has been getting specific about what I wanted to do, but not too specific because you need to take every opportunity you can to do things related to your major, even for free. Think about these as side hustles, except instead of making money you are making career progress. Return to work for a past employer, reach out to professors to do research for free, etc. I have found that these experiences give you valuable stories to talk about when you land an interview at a company that you really want to work for. Also, interviewing skills are absolutely essential and you have no excuse not to master these. On the upside, just be glad you're not in HR and have to sort through 1000 resumes and 200 cover letters in a weekend for a Data Entry job.

  • @Bobo-jy5mg

    @Bobo-jy5mg

    4 жыл бұрын

    I think these people would rather have an HR job than no job lol.

  • @neoshenlong
    @neoshenlong4 жыл бұрын

    Graduated one month ago. Got a job earlier this year, worked for two months and then we had to close because of the pandemic. Not from the USA, this is happening everywhere in the world, which kinda makes it scarier. Its not like you could run away to another country looking for opportunities. Its the same everywhere.

  • @seankogan-vovsi9315
    @seankogan-vovsi93154 жыл бұрын

    Just graduated with a Bach of Architecture, and my intern job that was supposed to take me full time told me ill be part timing for the time being. This is definitely better than nothing, but in my head I was so confident that this pandemic won't affect me and that I'm set, and this was a chilling wake up call. I'll definitely be using this free time when I'm not working to focus on me and my interests, something I havent been able to do in 5 years..

  • @MyEndson
    @MyEndson4 жыл бұрын

    This virus has also cause mental illness. Sooner or later WHO has to declared depression and anxiety as pandemic as well.

  • @RoniForeva

    @RoniForeva

    4 жыл бұрын

    I think they were pandemic’s before CV19

  • @devanjohnson747

    @devanjohnson747

    4 жыл бұрын

    maybe people shouldnt be weak minded

  • @JohnNovakovich

    @JohnNovakovich

    4 жыл бұрын

    @@devanjohnson747 if you cared about the wellbeing of others, you would offer advice instead of "stop being the way you are". Also, it's not true that those with mental health issues are weak any more than someone with a broken arm is weak. The body has limits, and the brain is part of the body.

  • @HazelGrey.

    @HazelGrey.

    4 жыл бұрын

    devan johnson maybe people shouldn’t be ignorant and have a big mouth

  • @Chaoes96
    @Chaoes964 жыл бұрын

    My first job I applied to 500+ places to get what I wanted. (Granted I had (literally) 1 offer I turned down). My second job, I applied to one. I got it, I still have it and it will almost certainly last through this recession. The difference is that I had my foot in the door vs being some nobody. I feel for everyone that's graduating right now. My advice is be willing to take anything as long as it can connect you to the right people.

  • @deathblade909
    @deathblade9093 жыл бұрын

    There was also a study that showed that your first job is often what sets you up for better opportunists. Like in the recession many took offers way below what they would have or worked jobs not related in their field. Same thing is going to happen now, by no fault of the graduates. But they will earn less in their lifetime typically .

  • @NguyenAzn
    @NguyenAzn4 жыл бұрын

    Losing your job is very hard, I lost my job 1 year after graduating. Although it was very hard for a time. I was able to grow as a person and in my career. Prayers to everyone affected! Dig deep and dont give up!

  • @moreofawave
    @moreofawave4 жыл бұрын

    The recession of 2008 was hard. My husband took over 2 years to get a solid full-time job and it was stressful. Now, thank God we are both working but we are both definitely under threat of layoffs as the economy starts to get back on its feet after the quarantine, so don't know how secure we are right now. If it's any conciliation we are all in it together. If I were a new graduate I'd do my best to add more skills to my resume-take extra classes that will enhance what you already went to school for. Volunteering with a company you are interested in working for is a great way to get noticed when opportunities open up. It may take a while but it's worth doing because it gives you purpose, adds more skills to your resume and sets you up for a possible opportunity.

  • @xxxxMonkeyGirlxxxx
    @xxxxMonkeyGirlxxxx3 жыл бұрын

    I graduated in May 2009 and couldn’t, even 5 years after that, find a job related to my degree. What ended up doing was finding a job, any job, so that I could put money in my pocket and start paying my student loans back. I wasn’t happy for a couple of years and realized that finding a job in my degree just wasn’t going to happen as the years went by so I made peace with the job I did have. It was rough and a lot of work but I eventually clawed my way up to what I feel is a good salary. If anything that experience made me take a real hard look at myself and what I really wanted for my life. All the material and superficial desires went out the door and instead I realized that it’s only a matter of time before another recession comes so I planned and saved and now in 2020 I’m so happy that I did all of that because I don’t feel the anxiety I did back then.

  • @akiechhabra114
    @akiechhabra1144 жыл бұрын

    It is extremely difficult to be in this position but it is also such a valid excuse to reflect, maximize learning, seek external knowledge and leverage our personal network. This too shall pass. Some of our goals may have been delayed but they have in no ways been eliminated.

  • @starkid20
    @starkid204 жыл бұрын

    To everyone in this video - I graduated in 2008 with no experience, no offers - I was really ashamed of myself. Plus, being an international student really didn't help at all. I ended up going to grad school and not a good school to be honest - I was honestly burdening myself with guilt and finances even more. I can't say that I have the answer for you guys. But, all I want to say is - look up, and breathe. This is not happening because of you and I hope that when another bad thing happens in the future (knock on wood, hoping it doesn't but..you know), you can reflect back to this time and say "hey, I got through 2020. I'm stronger and wiser now - things will get better" I wish all of you nothing but love, success and happiness - I want you guys to know that things will change.

  • @MJforever127i
    @MJforever127i4 жыл бұрын

    Wow, it's so saddening to see these graduates with lost hope in their eyes. This will definitely pass and things will get better.See it as an opportunity for you to figure out what you truly want to do with your life. From experience these entry level grad roles aren't always what they're built up to be. Be open minded, flexible and persistent in whatever you want to do!

  • @Theweirdcousin

    @Theweirdcousin

    4 жыл бұрын

    Much appreciated advice 💖

  • @ZodiacEntertainment2

    @ZodiacEntertainment2

    4 жыл бұрын

    Get ready to enjoy flipping burgers and making coffee until things get better. Oh wait- student loans are due! Better hope you can pay up. There's lost hope in their eyes for a good reason.

  • @socaldude83
    @socaldude834 жыл бұрын

    Prepare yourselves, I graduated in 08 and it sucked.

  • @MissQueenOfDiamonds
    @MissQueenOfDiamonds4 жыл бұрын

    I decided to graduate a semester early last December and that might just have been the best decision in my life.

  • @ghravel
    @ghravel4 жыл бұрын

    This happened to me in March... I'm lucky that I was able to get to re-recruit and get another job, but it was such a pain and I feel for them and other '20 graduates. It was also difficult because companies that *were* still hiring had already filled their new grad positions, so the options were more limited.

  • @MFTW
    @MFTW4 жыл бұрын

    My heart goes out for all of these grads. I'm lucky I have my internship

  • @Bobo-jy5mg

    @Bobo-jy5mg

    4 жыл бұрын

    Where at?

  • @jacobg8640

    @jacobg8640

    4 жыл бұрын

    My summer internship was reduced down to two weeks. The same thing happened for the place I interned at this past Winter. But because I already have a remote setup and am trained, they asked me to stay on through the summer to fill in the void of work the summer interns will no longer be able to do. I really lucked out.

  • @BDanielsOfficial

    @BDanielsOfficial

    4 жыл бұрын

    For now. Don't be surprised if you lose it.

  • @cleo8311
    @cleo83114 жыл бұрын

    With all that debt too 😢😢😢

  • @tkokflux6322

    @tkokflux6322

    4 жыл бұрын

    Thats why not everyone should go to UNI there are lots of jobs that dont require diploma

  • @lolol8552

    @lolol8552

    4 жыл бұрын

    I just graduated and my bachelors degree cost me $22k. Was able to finish saving the money 1 year before I graduated so I graduated debt free. Got a low price tag from attending community college and public university. student debt doesn’t have to be inevitable.

  • @will-ye

    @will-ye

    4 жыл бұрын

    people from elite schools barely have any debt, unless theyre already from a privileged family. elite universities give out a lot of financial aid.

  • @Pcarnevaaa

    @Pcarnevaaa

    3 жыл бұрын

    @@will-ye Eh not true at all. I can say the reason why I turned down UChicago was that they gave me a tiny 15k grant on a 70k/year education. Needless to say, I turned it down.

  • @tkokflux6322

    @tkokflux6322

    3 жыл бұрын

    @@O_Canada bro tf u talking about i stated that there are lots of jobs that don't require UNI diploma and instead of getting into debt they just should go and work those jobs lol

  • @matthewjohnson2488
    @matthewjohnson24884 жыл бұрын

    Same situation 12 years later

  • @waflletoast11

    @waflletoast11

    4 жыл бұрын

    During the great recession people had time to prepare and knew it was coming in several months. In this situation within the month of March people were out of employment. No time to plan

  • @alp.9672

    @alp.9672

    4 жыл бұрын

    This is much worse than 2008

  • @liamwelsh5565

    @liamwelsh5565

    4 жыл бұрын

    @Sarah R In 2008, almost 3 million people lost their job in the United States. In the last 3 months, 26 million lost their job. This far far worst, don't be naive.

  • @liamwelsh5565

    @liamwelsh5565

    4 жыл бұрын

    ​@Sarah R Dummy, where do you think the trillions of dollars are coming from? Trees?!?! The United States is adding trillions to their already trillions of dollars of debt. It's a bandaid solution that taxpayers will suffer from in the long term. Also, you stating "it has only been 2 and a half months" is so ignorant. We won't be back to normal until a vaccine is developed which is over a year away. Finally, something that really shows you have no idea what you're talking about, Bush was the president in 2008, not Obama.

  • @newerfor

    @newerfor

    4 жыл бұрын

    @Sarah R You do know there're different types of real estate market, commercial real estate market is taking a heavy beating and it's a 18 trillion market

  • @sirtr3y42
    @sirtr3y423 жыл бұрын

    I was in the same boat. Graduated December 2019, got a job in March and was supposed to start April 6 until I got a call stating my offer was rescinded due to Covid. I thank God that I have landed a new and better job and start Monday. I feel for everyone right now. I grew up poor and had to take out student loans to get by and I felt that all my hard work was for nothing, a very dark place to be in mentally. I pray that every one going through this gets the job they never knew they wanted. The government has done very little to help us college students. Class of 2019,2020, and 2021 will be fighting for jobs😢

  • @leahwillis1963
    @leahwillis19633 жыл бұрын

    I graduated this year with my degree in accounting. I keep getting interviews, and then it's just rejections. It's starting to wear, and I'm beginning to lose motivation. I hope something will come up soon, but I'm not sure what to realistically expect. The average time from graduation to finding a job was 3 to 6 months WITHOUT a pandemic, and I'm only on month 2. I wish all fellow 2020 graduates the absolute best of luck and may we stay strong in these times!

  • @tahsinasraf1219
    @tahsinasraf12194 жыл бұрын

    I am graduating this year with a BS in Civil Engineering and I am extremely lucky that I got a full time position offered to me at the place I interned. This video definitely makes me humble and grateful and motivates me to work hard. I personally know a lot of people who got laid off or offers been taken away from them and I feel horrible. I hope companies strat hiring again soon. Best wishes to all the people who graduated this year.

  • @notoriousosc1669

    @notoriousosc1669

    4 жыл бұрын

    Congrats!

  • @rangermaverick85
    @rangermaverick854 жыл бұрын

    It has almost always been like this in Italy, people in other countries like US are just not used to be unemployed. The problem is the cost of life, when you have rent and bills to pay in US you are on the streets within few months without savings

  • @zachsilva6201
    @zachsilva62013 жыл бұрын

    Graduated in spring and happened to me too, and I was looking for jobs in IT with a year of experience already. I found another job after more searching, but I never, ever want to go through the stress of frantically job hunting DURING FINALS WEEK ever again. Most of my friends weren't so lucky, and sometimes I actually feel bad that I'm the only one who made it out OK.

  • @katv3116

    @katv3116

    3 жыл бұрын

    Same! I think its the "survivors guilt" 😕

  • @Chubbylito11
    @Chubbylito114 жыл бұрын

    Get an entry level job outside your "career path". It tells your future hiring manager that you are flexible, adaptable, and someone who doesn't mind getting their hands dirty. Plus you get to earn money, pay your student loans, and get your mind off worrying on what the future holds. This too shall pass!

  • @KoreanDan310
    @KoreanDan3104 жыл бұрын

    Not to be that guy, and I do feel bad for these people who lost their job offers, but finding a job for seniors and new graduates was extremely rough even before this. I graduated Class of 2019, and I didn't have any job lined up. I have internship experience, and majored in a field that I was told had plenty of jobs. TL;DR Majored in Communications & Marketing. Plenty of jobs, but because of high requirements/expectations and competition, it's almost impossible to get an entry level job with out a direct personal referral. And this was all when the economy was supposedly "booming". My point is the difficulties of finding a job for a college senior and new graduate aren't anything new, the pandemic has only made it worse and brought more attention to it.

  • @JohnNovakovich

    @JohnNovakovich

    4 жыл бұрын

    This 100%. I'm in this video and I applied to 70 places just to hear back from 4 places (got 2 offers). And that was a relatively AMAZING feat back in 2019. If it was that hard for me given my credentials, I can't even imagine what it's like for most people, then or now. The job process was bad before, and now it's somehow worse. My heart really goes out to everyone job hunting right now.

  • @raulponce6660
    @raulponce66604 жыл бұрын

    "If it's not under your control, don't stress it"

  • @connie0613

    @connie0613

    4 жыл бұрын

    Amen

  • @amsd1231

    @amsd1231

    4 жыл бұрын

    Easy to say until bills start to pile up. And oh wait! Gatta start paying back your student loans!

  • @husonuso

    @husonuso

    4 жыл бұрын

    amsd1231 I think you gotta break it down to the very basics. “What jobs are available currently that can pay off my bills?” “How can I maximize my flow of income in order to save and pay off expenses at the same time?”

  • @alezandradavila2581

    @alezandradavila2581

    4 жыл бұрын

    Thanks !!!!

  • @alezandradavila2581

    @alezandradavila2581

    4 жыл бұрын

    I needed to hear that

  • @marabookstagram
    @marabookstagram4 жыл бұрын

    Man, this is absolutely heartbreaking. I was lucky to graduate in 2005, so I had several years of experience before the economy crashed. I can't imagine graduating now.

  • @nikaa4237
    @nikaa42374 жыл бұрын

    Just graduated when the 90s recession hit. Couldn't even get a job at McDonalds who were backlogged with 350 applications for 3 minimum wage jobs. No stimulus checks. 22 % youth unemployment rate with no end in sight. It was ugly.

  • @toyosibee.mp3
    @toyosibee.mp34 жыл бұрын

    “Are gonna face the worst job market since the Depression” ah.........................well, i Thought i’d gotten over feeling sad about post-grad life right now 😞

  • @cheezybred
    @cheezybred4 жыл бұрын

    They will be ok, they all seem to have useful majors in statistics, engineering etc.. it may take longer than expected, but they will be just fine 🙏

  • @teaandcoffeeM

    @teaandcoffeeM

    4 жыл бұрын

    You're just saying that to calm your conscience for not actually lifting a finger to do something. Society has failed this generation, it's up to society to fix the problems its given them. It starts with generous and sufficient social programs first to compensate them for lost income for simply being born into the wrong generation. It's not uncalled for us to socialize the risk of simply being born into the wrong time. Then, they need to have support and priority in finding jobs. It is so much to ask for that this generation has the similar standard of life as every other generation? Therefore, it's not wrong to ask other generations to provide a helping hand. Everyone decreases their quality of life a bit so that this lost generation can improve theirs at least to the level of everyone else's.

  • @civlife1239

    @civlife1239

    4 жыл бұрын

    Michael T No, it starts with college debt forgiveness. Then, change the law so that the debt can be cleared in bankruptcy

  • @jaysi8057

    @jaysi8057

    4 жыл бұрын

    @@teaandcoffeeM yea, no

  • @abcdefgh-rq3gq

    @abcdefgh-rq3gq

    4 жыл бұрын

    @@teaandcoffeeM Spotted the commie arts major.

  • @Pcarnevaaa

    @Pcarnevaaa

    3 жыл бұрын

    Oh sure.... There is plenty of STEM Jobs /s (Engineering is so blah blah blah in the fed gov. It's all meetings, paperwork, and project management. It's been that way ever since the decline in projects and outsourcing to contracting firms. Always delayed and reasons why we can't do a project: "The birds need to be safe

  • @sabrinatatalias4277
    @sabrinatatalias42774 жыл бұрын

    So im a Gen Zer, going to graduate next December 2021, degree in Comp Sci, so this TOTALLY resonated with me. I was able to get 2 internships this year 1 spring, 1 summer, the spring went so well they extended my offer into summer, and now again into fall. While summer went from fulltime into a 3 week casestudy due to COVID.... the summer internship was originally for a MAJOR healthcare company in my city....i am worried about the job market, although ive been smart to go to college debt free, commute and live at home, and build up a huge nest egg saving and investing wise. Im hopeful to get some other internship after the fall or even freelance because my city is recovering job wise, although i will not be picky. This is very strategic for anyone.

  • @IamMiaow

    @IamMiaow

    4 жыл бұрын

    Sabrina Tatalias good luck!

  • @justjackie4394

    @justjackie4394

    2 жыл бұрын

    How did you get your internship with the health care company?

  • @theman0033
    @theman00334 жыл бұрын

    I graduated with a finance degree during the recession. I got very few call backs but no offer. I was extremely desperate, so I just flat out lied on my resume. I lied and put down that I had two years experience, when in reality I had none. I ended up getting many calls and job offers. My first salary was $65,000. I left about two years later and just went from job to job in order to move up the ladder. My last corporate job I was making around $110,000 per year. I left that job around 5 years ago and now I own a successful business. Moral of the story is FAKE IT TILL YOU MAKE IT.

  • @adfectum

    @adfectum

    4 жыл бұрын

    The Man 00 how did you pass background checks? They verify your job history. Not sure if anything has changed since the time you graduated or if you’re even from the US, but this will not work in the US nowadays.

  • @richfulthinker9262
    @richfulthinker92623 жыл бұрын

    I graduated high school in 2008, college was viewed as a necessity so I continued with that route. Even then, I worked minimum wage jobs up until I was 25, in 2015. Now, I'll be finishing my (fully funded) Ph.D. in 2022, now I wonder if I will be going through it all over again.

  • @juliachung37
    @juliachung374 жыл бұрын

    This is so heartbreaking. I feel so sad for all these graduates

  • @kashfortheking
    @kashfortheking3 жыл бұрын

    It sucks. I feel for people in 2020 who are graduating. God be with you.

  • @ai.simplified..
    @ai.simplified..4 жыл бұрын

    Because of good economical situation of my country,half of graduates dont have any job at all,hi from Iran Welcome to similar situation we r facing for many years.