Reply to Why do we have ageism in a dynamic labor market?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I work with a bunch of people under 35 and they are totally clueless.  I would hire someone in their fifties or sixties any day over these insufferable twits. [/quote]

And those under 35 people have never seen a bad job market. The 2008 Financial crisis is something they barely remember.

I recall in 4th quarter 1991 in recession we get 1,000 applicants a junior audit job. Back when you applied via physical mail. My VP said show to HR show me only people with CPAs, Big 4, and direct industry experience. Still to many than added only T20 schools. He got it down to 8-10 resumes. Something similar happened in 4Q of 2008 but not electronic we get 2,000 to 3,000 applications.

That’s when sorting happens. People under 35 have never seen a bad job market other than Covid blip.

And when it goes bad I say people who said who needs a MBA or work big 4 or network is screwed.

Sandy Springs Bank laid off some dead wood in merger this summer. Folks sittting in cubes 10-25 years at a soon to be forgotten small bank, good luck [/quote]

NP. I’d be interested to hear your thoughts on entering the job market as an older, yet new accountant. Master’s, CPA eligible. Because that’s the situation I’m about to be in.[/quote]

I’d say you’re in a not great position. I’m a CPA in management at a federal agency and I see similar situations with employees who somehow made it to the GS-14 or even GS-15 level in accounting without a CPA or masters degree and are 100% incompetent in anything involving detailed analysis or actual knowledge of financial management concepts. AI is going to change routine mundane work and these people need to step it up or get out. There are many that are younger too. I’m late 30s and I’ve managed others in their 30s to mid-40s who don’t have a damn clue what they’re doing. [/quote]

You’re saying *with* a Master’s degree and potentially a CPA it’s still a no go?[/quote]

I think PP meant "people who don't have a damn clue" is a no go.
Can't say for your situation. Do you know what you are doing?

[/quote]

In general? Sure. But as I said above, I am about to get a master’s in accounting and am new to the field. So if your question is whether I’m a seasoned accountant, the answer is no.[/quote]

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