Quote:
Originally Posted by sperbonzo
On average, unemployment for young people is 15% higher than it is for adults. Why are young people having difficulty finding jobs today? Because, due to the minimum wage and other regulations, it's too expensive for most companies to risk the time and money necessary to train an inexperienced high school or college graduate who will probably move on to something else within a year or two anyway.
Instead, the business is forced to minimize the risk posed by a higher minimum wage by only hiring over-qualified, over-experienced workers for entry-level jobs that used to be worked by teenagers and college grads. This creates a vicious cycle of unemployment for young people that can't get the experience they need to begin their professional careers; this cycle is compounded in a weak economy. I'm sure every college graduate reading this can at least remember a time when they were staring at a posting on Indeed or Careerbuilder and muttering, "so I need experience before I can get experience?"
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In and of its self this makes no or little sense.
If you hire someone for minimum wage that has more then enough experience and is " Over qualified " he is just as likely to leave as a young person who you spent the time and money training. Your going to have to train the over qualified about as much as the under. At least the under will be doing it the way you want.
Makes more sense to bring in the younger one and mold them teach them train them and PAY them to stay. People leave because they get offered a better position. Time for the companies to step up and pay what its worth to keep them.