Randy Jones | April 21, 2009
It’s almost graduation time, and you can feel the anxiety in the air. Very soon, 1.5 million college graduates will be flooding into the worst job market in 25 years, with unemployment at 8.5 percent and rising. According to Nouriel Roubini (also known as “Dr. Doom”), the New York University economist who accurately predicted the current economic meltdown, we can expect the unemployment rate to go into the double digits before we begin to feel the effects of a recovery. To make matters worse, the class of 2009 is competing with 1.8 million degree holders who are already on the street looking for the same jobs. The supply and demand curve is simply not in their favor. Understandably, the fear among this year’s graduates is palpable—but it’s nothing compared to that of their parents.
Category: The RMIT Life |
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Tags: Bill Gates, college graduates, Dr. Doom, graduation, Mark Zuckerberg, New York University, Nouriel Roubini, Sergey Brin, Steve Jobs, unemployment
Randy Jones | March 25, 2009
Don’t get me wrong—I know that people are hurting financially. It’s devastating that our 401(k)s have lost half their value. It hurts to see the unemployment numbers growing. I get it—uncertainty is unpleasant. But the only certainty in life is, well, uncertainty. Let’s drop the doom-mongering and do something productive. The three most important words in America are Go To Work. This may be the perfect time to build your own company—your own American dream. It may be the perfect time to reassess your life and your profession. At the very minimum, use this time to assess your talents, skills, and passions. Take Maya Angelou’s wise advice: “Pursue the things you love doing, and then do them so well that people can’t take their eyes off you.” I think you’ll see the American Dream in all its vivid colors.
Category: In the news, Money and Meaning, Welcome to the Richest Man in Town |
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Tags: 9/11, Black Monday, Dow Jones Industrial Average, Maya Angelou, Silicon Valley, unemployment
