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Gen Z is increasingly striking their degrees are uselessAnd new research shows that there may be some truth when it comes to work hunting. In fact, the unemployment rate for 22-27 years of age is approximately the same, whether they have a degree or not. It comes when employers give up the degree requirements and young men distract company jobs to qualified transactions.
Gen Z is trying to invade the initial level of labor market, but it may be painful for young graduates of male college.
The latest data of the Federal Reserve shows that the unemployment rate of recent colleges is growing by about 5.5%.
Although all young workers between the ages of 22 and 27 remain less than 6.9%, men with a high degree are now approximately the same as young men who have failed to go to college, according to US current population survey data analysis under Financial times;
By comparison, around 2010 Non -college educated men did not have more than 15%of unemployment, while college graduates were closer to 7%.
This is an obvious sign that the increase in the labor market, once promised by the degree, has everyone, except, and that employers are more concerned with credentials than once when the initial level is hired.
Young men and women face different employment percentages
Although 7% of college educated American men are unemployed, women are reduced to about 4%, according to Financial times Analysis and areas such as health care are likely to be credited.
It is projected that the health care professions will grow much faster over the next decade than the norm of all professions, with about 1.9 million openings each year, which is the US Bureau of Labor Statistics.
In addition, the industry is essentially considered one of the safest of any cyclic change: “Health care is a classic downturn resistant to industry, as medical care is always in demand,” said Priya Rathod, in fact Fate;
Men and women also tend to differ from whether they would like to accept a job that would not fit well in their career goals.
“Women are more flexible when accepting job offers, even if they are not perfectly coordinated with their career goals or are part-time or are too qualified,” said Lewis Maleh, the general manager of the global employment agency Bentley Lewis earlier. Fate;
“On the other hand, men often follow roles that are more in line with their ideal career path or offer what they perceive as proper compensation and status.”
Gen Z Men misses college and appeals to a qualified trading industry
Many Gen Zers have a hard time learning about the challenges of today’s labor market. In fact, approximately 11% of all young people are considered NOET – it means non -work, education or training. And while there are many reasons why they may have lost interest in work or education for those who are educated in college, fighting is often desperate after a few months or years of job search. Particularly young men are particularly regarded as those entering this NEET category.
However, some young people saw writing on the wall and decided to change their ways. Based on 2011-2022 Pew Research Center Analysis. However, this decline has a pronounced gender exclusion with about 1 million men and about 200,000 fewer women.
Part of this shift can be credited to qualified trading career roads, which usually dominate men. According to the National Student Clearing Research Center, from 2020 The adoption of two years in vocational public schools increased by about 20%. This is a pure more than 850,000 students.
It is a tendency that even billionaires have offered a growing part of the future. Daniel Lubetzky, founder and latest judge at Kind Bars Shark tank Says that a professional career like a carpenter or mechanic is “the huge options that pay really, really well”.
“Vocational training and learning to be a carpenter or mechanic or any of those works is a huge area with huge opportunities that really pay, really good,” said Lubetzky Fate Earlier this month.
“For those people with great ideas or great opportunities and don’t want to go to university, I don’t think the college is all that is everything or the need.”
This story was initially displayed by fortuna.com