It does not come as a surprise really. Not when you see the disheartening numbers: Global unemployment expected to rise by 25 million over the next two years; estimated total number of jobless people around the world at the end of this year - 210 million.
Graduates no longer have the luxury of looking for their dream jobs but rather take whatever jobs they can find. We live in a world of demand and supply. Since the job market is oversupplied, there is already overabundance of over-qualified workers. Then you start thinking about the future. There is growing numbers of people looking to go back to school as a response to diminishing work opportunities. In 2 to 3 years time, fresh graduates will once again flood the turning market. Let’s face it. No matter how much you study, you will be facing intense competition when you join the workforce.
Education no longer equates to a good job and in turn downplays the significance of institutions of higher learning. If you take away the teaching, schools still provide an invaluable experience and social networks. Does it justify investing years in pursuing a degree and the costs incurred? Of which leaves something to ponder upon.
Graduates no longer have the luxury of looking for their dream jobs but rather take whatever jobs they can find. We live in a world of demand and supply. Since the job market is oversupplied, there is already overabundance of over-qualified workers. Then you start thinking about the future. There is growing numbers of people looking to go back to school as a response to diminishing work opportunities. In 2 to 3 years time, fresh graduates will once again flood the turning market. Let’s face it. No matter how much you study, you will be facing intense competition when you join the workforce.
Education no longer equates to a good job and in turn downplays the significance of institutions of higher learning. If you take away the teaching, schools still provide an invaluable experience and social networks. Does it justify investing years in pursuing a degree and the costs incurred? Of which leaves something to ponder upon.
2 comments:
Wow...you can't be any more positive than you are, can't you?
>_<~~~ thanks for the grim warning of our sad future as over-educated and jobless people...sigh~
I am being realistic here. No optimism or pessimism in play. Many people are talking about going back to studying, but that doesn't mean it is a good idea.
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