Bjerknes

"Top Economist"
Mar 16, 2004
116,155
Душан;1904580 said:
Sure did. We are not even half way through the wave of exposed criminals.

Sometimes I think that graduating from college this year is probably the worst time in history to graduate due to increasing jobless rates. But then again, pushing all the criminals and fools out of the market will free up more opportunities in the long run. So it's a give and take.
 

swag

L'autista
Administrator
Sep 23, 2003
84,783
Sure did. We are not even half way through the wave of exposed criminals.

Sometimes I think that graduating from college this year is probably the worst time in history to graduate due to increasing jobless rates. But then again, pushing all the criminals and fools out of the market will free up more opportunities in the long run. So it's a give and take.
Don't sweat it too, too much. Your expenses (other than the possibility of college loans) are going to be low. And as businesses pinch budgets, they're ultimately going to have the CNN effect: replacing competent veterans with cheaper newbies.
 

JCK

Biased
JCK
May 11, 2004
125,388
Sure did. We are not even half way through the wave of exposed criminals.

Sometimes I think that graduating from college this year is probably the worst time in history to graduate due to increasing jobless rates. But then again, pushing all the criminals and fools out of the market will free up more opportunities in the long run. So it's a give and take.
It was confirmed in Sweden that graduating this year from university IS the worst year, especially for engineers.
 

Dostoevsky

Tzu
Administrator
May 27, 2007
89,023
Sure did. We are not even half way through the wave of exposed criminals.

Sometimes I think that graduating from college this year is probably the worst time in history to graduate due to increasing jobless rates. But then again, pushing all the criminals and fools out of the market will free up more opportunities in the long run. So it's a give and take.
Don't get your hopes down.There's some job always for those who want to work,you just might wait a bit for it but it's just something you gotta get used to considering this enomomic crisis.

People here wait for like 5 months even if they finished some good uni and they just get some decent job but it's not you can chose nowadays.

On the other hand,it's the worst time for me to get into some uni that awaits me in a couple of months.Prices are bigger and salaries are lower and people get fired pretty often.
 

Bjerknes

"Top Economist"
Mar 16, 2004
116,155
Don't sweat it too, too much. Your expenses (other than the possibility of college loans) are going to be low. And as businesses pinch budgets, they're ultimately going to have the CNN effect: replacing competent veterans with cheaper newbies.
Indeed, I'm sure some firms will do that, even at the expense of performance. Thankfully, though, the only loans I have are from my parents, so they'll give me time to get on my feet.

It was confirmed in Sweden that graduating this year from university IS the worst year, especially for engineers.
I bet. Especially those who want to work with automobiles.

Душан;1904624 said:
Don't get your hopes down.There's some job always for those who want to work,you just might wait a bit for it but it's just something you gotta get used to considering this enomomic crisis.

People here wait for like 5 months even if they finished some good uni and they just get some decent job but it's not you can chose nowadays.

On the other hand,it's the worst time for me to get into some uni that awaits me in a couple of months.Prices are bigger and salaries are lower and people get fired pretty often.
Going into university right now isn't all bad as we don't know how much worse off the world economy will be in another five years or so. I think the key for ingoing college students is picking a major/line of study that will prepare them for a career that will still be in demand once the crisis is over. Majors such as business administration, history, and similar choices might not pay off in the long run, IMO. Rather, an engineer in alternative energy products could be a great choice for the future.
 

Dostoevsky

Tzu
Administrator
May 27, 2007
89,023
Going into university right now isn't all bad as we don't know how much worse off the world economy will be in another five years or so. I think the key for ingoing college students is picking a major/line of study that will prepare them for a career that will still be in demand once the crisis is over. Majors such as business administration, history, and similar choices might not pay off in the long run, IMO. Rather, an engineer in alternative energy products could be a great choice for the future.
Fair enough.

Care to name few more?I'm yet to decide where to go.It's really hard for me to pick something.
 

JCK

Biased
JCK
May 11, 2004
125,388
Jack, are you following the Saab situation?
You're funny :D

Of course I am, it's the headlines along with The Pirate Bay. Plus I work in the same industry and what is happening affects me directly. 10000 employees becoming out of job all of a sudden is a disaster. Uddevala might become the poorest town in Sweden in a one evening. But that's what happens when you are bought by evils GM owns SAAB and Ford owns Volvo cars.

My work is very close to Torslanda, where the Volvo cars are born. We drove by the other day and I hate to say it but it's ghost town. Two of my neighbours work on the line at Volvo, they are spending more "vacation" days than working days.

Same thing can be said about Volvo group (trucks, buses, etc.)

To get back to SAAB, I wonder how the company has survived so much. In today's paper they had a time line about the company and they have been recording losses since 1998, year in year out. GM wants nothing to do with it, they are totally giving up now. They know that no one would buy it from them and the Swedish government declared lately that they don't want to buy the company either. I expect them to the first car brand to totally vanish. Shame really.
 

JCK

Biased
JCK
May 11, 2004
125,388
Indeed, I'm sure some firms will do that, even at the expense of performance. Thankfully, though, the only loans I have are from my parents, so they'll give me time to get on my feet.



I bet. Especially those who want to work with automobiles.



Going into university right now isn't all bad as we don't know how much worse off the world economy will be in another five years or so. I think the key for ingoing college students is picking a major/line of study that will prepare them for a career that will still be in demand once the crisis is over. Majors such as business administration, history, and similar choices might not pay off in the long run, IMO. Rather, an engineer in alternative energy products could be a great choice for the future.
Correct! Energy and environmental engineering graduating in two to three years time IS the hot thing. They will be the most wanted in the market.
 

Osman

Koul Khara!
Aug 30, 2002
61,502
Majors such as business administration, history, and similar choices might not pay off in the long run, IMO. Rather, an engineer in alternative energy products could be a great choice for the future.
Thats the great thing about majoring in History, its unaffected by financial slip and slides because there is no such thing as pay off in being a History major :D
 

Bjerknes

"Top Economist"
Mar 16, 2004
116,155
Душан;1904635 said:
Fair enough.

Care to name few more?I'm yet to decide where to go.It's really hard for me to pick something.
Hmm, well I'm not entirely sure... that's the best play in the coming years for sure though. Perhaps something in farming. Of course doctors will always be needed, so that's another possibility. But going to college for something like art history or business administration is probably going to be a waste of money.
 

Martin

Senior Member
Dec 31, 2000
56,913
You're funny :D

Of course I am, it's the headlines along with The Pirate Bay. Plus I work in the same industry and what is happening affects me directly. 10000 employees becoming out of job all of a sudden is a disaster. Uddevala might become the poorest town in Sweden in a one evening. But that's what happens when you are bought by evils GM owns SAAB and Ford owns Volvo cars.

My work is very close to Torslanda, where the Volvo cars are born. We drove by the other day and I hate to say it but it's ghost town. Two of my neighbours work on the line at Volvo, they are spending more "vacation" days than working days.

Same thing can be said about Volvo group (trucks, buses, etc.)

To get back to SAAB, I wonder how the company has survived so much. In today's paper they had a time line about the company and they have been recording losses since 1998, year in year out. GM wants nothing to do with it, they are totally giving up now. They know that no one would buy it from them and the Swedish government declared lately that they don't want to buy the company either. I expect them to the first car brand to totally vanish. Shame really.
It's weird for a whole company to just disappear like that. Do you know why they sold out to GM in the first place?
 

Bjerknes

"Top Economist"
Mar 16, 2004
116,155
Correct! Energy and environmental engineering graduating in two to three years time IS the hot thing. They will be the most wanted in the market.
That is right. I also think farming is another one.

Thats the great thing about majoring in History, its unaffected by financial slip and slides because there is no such thing as pay off in being a History major :D
Lol
 

Dostoevsky

Tzu
Administrator
May 27, 2007
89,023
Hmm, well I'm not entirely sure... that's the best play in the coming years for sure though. Perhaps something in farming. Of course doctors will always be needed, so that's another possibility. But going to college for something like art history or business administration is probably going to be a waste of money.
Well that sucks!It's on the top of my list.

Can't be a doctor now so let's move on. :D Farming,well I don't know much about that uni.I just heard it's very hard.

This sucks,I will have to decide in the next 2 weeks probably and now I have no idea where to.
 

JCK

Biased
JCK
May 11, 2004
125,388
It's weird for a whole company to just disappear like that. Do you know why they sold out to GM in the first place?
Wallenberg owned SAAB. Sometime in the 90s they sold half of it to GM. Then a few years afterwards GM paid them a good amount. These things happen a lot in the automotive industry. Especially the American giants, they own many European brands.

GM for example own Opel and SAAB, the cars are basically the same, they come out from the 9-3 and the Vectra come out from the same line in Germany. Cadillacs and 9-5 come out from the same line in Uddevala. R&D and production becomes much cheaper when things are normalized in this way. When Volvo and Ford where making lots of profit in the first few years SAAB was still making losses and I really don't know why. GM's Open was making profit, it's really strange.
 

Bjerknes

"Top Economist"
Mar 16, 2004
116,155
Душан;1904644 said:
Well that sucks!It's on the top of my list.

Can't be a doctor now so let's move on. :D Farming,well I don't know much about that uni.I just heard it's very hard.

This sucks,I will have to decide in the next 2 weeks probably and now I have no idea where to.
Good luck little bro, you'll figure something out. You got time. :tup:
 

Users Who Are Viewing This Thread (Users: 0, Guests: 256)