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Reply to "DS does not want to work after college graduation. WWYD?"
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[quote=Anonymous][quote=Anonymous]I'm a fear monger because I'm like OP -- I came from a lower middle class family that couldn't pay my rent or connect me with a job during a recession, so i've always stayed employed. The tech slow down is JUST beginning. Are you paying attention to rates, VC funding, and zombie startups? They are all burning runway, that's why SVB got into trouble (not just because of the HTM treasury bonds drop in value -- they only needed to redeem them because startups are burning cash b/c less VC funding and so few are actually profitable). A year from now, we'll likely see commercial real estate knee cap the economy and maybe a bunch of banks. Sure you can never predict the future, but this kid is basically counting on a blistering hot job market to give him a pass for his unemployed year with zero safety net. Again, if he was that good a candidate, he could negotiate a late start -- sorry for rock stars companies will wait.[/quote] How do you explain the cyber security sector is still in such high demand? This sector was also in extremely high demand during the 2008 great recession. I remembered changing jobs in Jun 2008 from one company to another for a 25K raise. How do you explain that? If you're smart, capable and have the demanding skill set, you will have no problem getting a job. Your thinking is so outdated.[/quote]
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