I know that we have a bad economy, so bad that we have a not-yet-President who is running the country from the Chicago Hilton so that the markets don't implode while Bush gives pardons for cronies.
But can we just take a minute for a reality check? It's not really bad for people who are young. It's a part of the world you don't hear much about in mainstream media. Think about it. Most media is in NYC, and you don't make a lot of money as a writer, so most people who are writing in the tri-State area are married to bankers. Yes, this is a huge generalization, but it is a stereotype because it's true.
Two neighborhoods—Montclair, NJ, and Park Slope, NY—are the bastions of media elite married to banker elite. And it's a combustible moment there, demonstrated by how we get a lot of reporting about how sad it is for the bankers right now. Who are mostly middle aged.
And we get a lot of reporting about how sad it is for older people in the workforce because those are the people getting laid off. The baby boomers love to report about how much discrimination there is against them. And they have huge pulpits to report that from.
Of course, don't get me started. The baby boomers had a great run spending tons of money they didn't have and then bitching that the economic rug is pulled out from under them. But there is no mention that Gen X never even had a good run. How about reporting that?
But okay. This is not the point of my post. After all, if you write a Thanksgiving post, it must be upbeat and not grouchy. But also, I will not write a purely upbeat post because then I'd be in the league of all the people who are going to blog about how much they love their family and how great their family is—blah blah blah. And I should remind you you that it was none other than Tolstoy who said that all happy families are the same. And that is why you should never write about them.
But the adage that happiness is boring is true for everything. For example, it is true in the list of sex scenes that stink. (Thank you, Ben Cascnocha, for knowing I would love that link.) You need to have tension in a good sex scene, like maybe the guy can't get an erection and wants to slit his wrists. Or something less tense but still a little tense. Surely you can imagine.
Okay. So I can't be all good cheer or I would bore you. But I am doing my Thanksgiving post, so here: the niceness, the let's-all-feel-good thing, is that young people are doing fine in this economy and people should start reporting it.
The not-feeling-so-great thing is that, in the case of everyone but the young, the economy is only good for star performers. But really (and here is the part of the post you should skip if you want Thanksgiving bliss) I have been ranting and screaming for years that the best way to have a good life is to be a star performer at work because that gives you the most flexibility to get what you want out of life. Don't be a star performer for money. Be a star performer so that in an economy like this, you don't have to worry about a paycheck.
But—I know someone will ask—here is the evidence that things are fine for young people:
1. Jobs for low-level candidates are increasing. This data comes from a report from Beyond.com issued on November 14: In October 2008, jobs for candidates with 0-3 years of experience increased by 3.68% when compared to jobs posted in September 2008. This was the only category of jobs by experience level that did not decrease over the previous month.
2. There are plenty of entry-level jobs to be had. There is a backlog of entry-level jobs that have been going unfilled for years. Alan Schweyer of the Human Capital Institute said just three weeks ago, sitting next to me on a panel, that the unemployment rate for college grads has been at 0% for the past seven years. (ed. - Alan Schweyer has a great comment toward the bottom of the comments clarifying this statistic.) In the middle of 2008, Robert Half, a recruiting agency for accounting and finance, said that accounting firms have been so chronically understaffed that we'd have to have a five-year recession for them to catch up.
3. College grads are doing fine in today's market. On November 19, JobFox announced that, "Skilled professionals remain in demand despite the economic downturn. While the unemployment rate rose to 6.5 percent in October, the unemployment rate for professionals with college degrees remains manageable at 3.1 percent."
So I know what you're saying. If things are so great for young people, then why is Obama creating 2.5 million jobs from the Chicago Hilton? The answer is that unemployment is insanely high for older people: Yesterday, Fox News reported that the unemployment rate for people over 50 is nearing 50%.
I'm not saying things are great in the U.S. (Though I do love Obama.) What I'm saying is that young people shouldn't be thrown by the bad news that old people are pushing. Things are not that bad if you're beginning your career. Think big, ask a lot of the world, demand respect and fun and a high learning curve. You will annoy people, for sure, but young people annoy older people in a good economy too.
I live in NJ and recent college grads are being laid off. Current college seniors are having job offers recinded. Other recent college grads may not be unemployed but they are working the same jobs they had while in high school.
I don't know what's in your kool-aid. The job market for young college grads is horrible and has been for several years.
Posted by mimsey tove on 11/26/2008 at 04:12pm | permalink | Reply to this comment
Please get an editor, dear. You do not need ten paragraphs to get to the point number one, and if it's not the point of your post then shut up about it!
Posted by Betty on 12/02/2008 at 12:12am | permalink | Reply to this comment
Since I'm still in college, this is a good thing to hear. In a little over a year, I'll be starting my career. In the field of public relations, there doesn't seem to be a lack of jobs, if you are good at what you do.
That's why I really love how you said, "Be a star performer so that in an economy like this, you don't have to worry about a paycheck."
If you are good at what you do, and just now entering the workforce, you should be able to find a job. With less experience, you're a lot cheaper and efficient than the people with 10 years experience, but aren't star performers.
Thanks for the post and have a good Thanksgiving.
Posted by Rachel Esterline on 11/26/2008 at 04:16pm | permalink | Reply to this comment
Thanks for putting this into perspective. I happened to get layed off from my media job a few weeks ago. And I've seen a couple of my twenty-something friends go through it as well. Do you know why people are still looking for entry-level hires? I think it's because we will work for pennies and the older people getting layed off have bloated salaries.
Posted by Ms. Pixel on 11/26/2008 at 04:20pm | permalink | Reply to this comment
Perhaps you got LAID off because you can't spell well.
Posted by janefen on 11/26/2008 at 04:50pm | permalink | Reply to this comment
That's so awesome! Thanks for pointing that out :)
Posted by Ms. Pixel on 2008-11-26 17:16:31 | (Comments wont nest below this level)
Bloated salaries? Experience does & performance does increase one's worth. I also ditto your lack of spelling acumen … are you one of the children left behind?
Posted by John Michael on 11/26/2008 at 11:19pm | permalink | Reply to this comment
I'm a college senior as well, so this post is somewhat comforting. It's nice to see an optimistic perspective on the current economy and job market. However, I'm worried that it's going to get worse before it gets better - everything I'm reading about the economy indicates that this is only the beginning. What happens when thousands of new graduates are searching for jobs all spring? That's when I think the job market is going to get much more competitive and much tougher for young people…
Posted by Nisha Chittal on 11/26/2008 at 04:31pm | permalink | Reply to this comment
I would say to people just out of school or nearly out… While this economy will soon be confirmed as the worst in 50 years; its usually a great thing to be young. And especially a great thing now. This is because, if you are young, you are likely not yet accustomed to things like high salaries, nice hotel rooms when traveling, wine bottles while eating, large retirement accounts, and healthy home equity balances.
When you have little to lose, you have everything to gain. Many of the people who became caught up in the 'fab life' of the last 15 years are going to have a difficult time adjusting to the new reality, for better or worse. But alas, That is Life!
-Greg
Posted by gregcnorca.aim. on 12/01/2008 at 02:38pm | permalink | Reply to this comment
Amen about that Gen X statement by Penelope and by Gregcnorca. Gen X was required to get a credit card so they could survive for a while in their crappy job.
@PT: Good heavens. It seems like the moment you changed your blog format/style, you gained a bunch of trolls and haters. I mean, people usually made some rude comments towards you, but there are a lot of people just being in general snipey at you, at other commenters, at the world. And illogically so -attacking your use of a quote or someone's mispelling. Guess people aren't feeling the Thanksgiving vibe.
Posted by Lane on 2008-12-02 17:03:39 | (Comments wont nest below this level)
I'd like to tag on to your comment aboug GenX never getting our run. I'm a little bitter these days. I came on to the job market around the crash of 91, was barely getting on my feet in time to miss the dot com bubble (although I didn't lose anything there either) and had just been settling in getting ready for a bout of prosperity when it all fell apart. I've gone from 20+% equity in my house to upside down, watched my retirement savings go through the floor and may end up in bankruptcy if I lose my job now. (fingers crossed that I won't.)
It just seems as though GenX has timed everything wrong to really prosper. (Not that we had anything to say about it, but you know what I mean.) It wasn't GenX driving up real estate prices, but we're paying the price for the boomers get-rich-quick schemes.
My current hope is that most of us are positioned well enough in our careers to be relatively secure. Advanced enough to have things to offer, but not yet into middle management where might be trimmable.
Posted by Rebecca on 11/26/2008 at 04:31pm | permalink | Reply to this comment
Again.. Narcissistic.. Self indulgent.. The relevancy to your readership needs to be taken into account, when you think it may be appropriate to deride the largest segment of society in the USA you should probably think again. I'm not a baby boomer, just at the tail-end (the older end) of GenX, but at least I attempt to show some deferential respect to those who've traveled the path before me..
I don't believe the young are thrown at all by what's occurring in the economy right now (here or around the world). They aren't invested into it yet and, for that, I am definitely jealous and they are definitely lucky.
Show some Thanksgiving compassion; that would have been a much more appropriate post.
Posted by funkright on 11/26/2008 at 04:32pm | permalink | Reply to this comment
Oh quit being such a negative nancy :)
Posted by Ms. Pixel on 11/26/2008 at 04:41pm | permalink | Reply to this comment
I'm a Boomer and the last thing our country needs right now is 'deferential respect.' That's crap. We need motivated, eager individuals willing to innovate and take risk - like Penelope and most BC readers. And guess what? It isn't about chronology. It's about can-do attitude and doing the footwork. Gen Y people who are making it aren't lucky - they're working their buns off and I say good for them, keep going!
Posted by Marsha Keeffer on 11/26/2008 at 05:10pm | permalink | Reply to this comment
"innovate and take risk…" oy.. you mean like those CDO's and CDS's.. There was no chronological inference, but the boomers, X's, and Y's didn't bring us to this point; we all did.. it's the cost of going to university, combined with that must have bigger house, driving the pimp'd out SUV, with little Missy bring dressed in baby D&G and Joey needing the latest toys to make himself happy..
Again, Narcissism nor Self indulgence will get us where we collectively need to go.. True leadership is what's needed, not vitriolic commentary about those who've come before or who (indeed) may follow. Don't be divisive, it leads to nothing good.
We are collectively here, right now, and we need to collectively find a remedy.
Posted by funkright on 2008-11-26 18:45:02 | (Comments wont nest below this level)
Are you kidding me? I'm a 25-year-old Brooklyn resident, about to graduate (next week!) from grad school without any job prospects in sight (and believe me, I am trying), and I have been thinking practically non-stop about this economy for the last few months - as have all of my friends and classmates.
The new crop of graduates from the Gen-Y set are movers and shakers. We are savvy, aware, and prepared to take the world by storm. Your Gen-X bitterness, by comparison, comes across as the same old tired song and dance. Fall in line or get out of the way.
Posted by Lindsey on 11/28/2008 at 12:49am | permalink | Reply to this comment
If you were savvy, you would have been job hunting long time ago instead of waiting 'til you graduated. Perhaps you're not as savvy as you think.
Posted by John Michael on 2008-11-28 07:26:50 | (Comments wont nest below this level)
John Michael -
I've been job-hunting since August. I've sent out over 200 resumes (each with an unique cover letter), and have taken 36 calls of inquiry, given 10 interviews and received four offers so far. I'm doing pretty great, percentage-wise, but I have yet to find the right fit in a place that pays me the NYC version of a living wage.
So thanks for your incredibly helpful response.
Posted by Lindsey on 2008-11-29 00:56:41 | (Comments wont nest below this level)
Thank GOD! I was beginning to wonder if there would be any glimmers of hope about the sagging economy and what that would mean to the 18-35 group. As someone who is currently looking for work, I'm glad to read a more positive spin.
I think, however, finding a job may take longer for younger people, but I don't think we'll be in the situation our Baby Boomer counterparts are in now.
Posted by Raven on 11/26/2008 at 04:34pm | permalink | Reply to this comment
The job market for recent college grads is horrible and has been for years. They maybe be employed but they are underemployed. You don't earn a 4 year degree to become a cashier.
Posted by Lola on 11/26/2008 at 04:51pm | permalink | Reply to this comment
Amen. I graduated 5 years ago from a top 10 liberal arts college and a lot of my friends from school are still struggling to get a well paying job. Sure, they are working but they are not being paid a salary that reflects the hard work that they put in to get into a good college and to graduate from one. Most have caved and gone for law school or an MBA to try and get a leg up - and we all know what Penelope had said about those two options (not that I always agree with her). I left for Scandinavia and have a nice life and a very well paid job but I feel for my peers.
Posted by mariel on 11/27/2008 at 03:13am | permalink | Reply to this comment
thank our corporate america greedy executives who have shipped all the jobs to China / India / etc. so they can line their own pockets. We have to stop the 55,000 containers a day that ships deliver from there and start making things in the USA … the jobs will return then.
Posted by John Michael on 11/27/2008 at 11:14am | permalink | Reply to this comment
AWESOME, AWESOME, AWESOME job hunt post. It hit a lot of truths.
"The baby boomers had a great run spending tons of money they didn't have and then bitching that the economic rug is pulled out from under them. But there is no mention that Gen X never even had a good run."
SOOOOO true. I am a Generation Jones or Gen X depending on who is doing the stats, and have not lived nearly as well (and never will catch) either of my parents (who were war babies) and together they had one semester of college, while I have a MBA.
Also, the excess spending of W. is a major part of the problem we are now facing. The last 8 years should have seen balanced budgets, and now we need to spend to help the economy, and it is just going to add to the credit card that is way over limit that we all get to hand to our children and grand children. Thanks Boomers.
Posted by Jeff on 11/26/2008 at 05:19pm | permalink | Reply to this comment
It's NOT the Boomers, it's the greedy executives of Corporate America who have sold us out to the world.
Posted by John Michael on 11/27/2008 at 11:15am | permalink | Reply to this comment
Who do you think fills the C-suites of corporate America?
Posted by The Office Newb on 2008-11-27 11:35:08 | (Comments wont nest below this level)
I still get some of my news from the mainstream media. They are hard to avoid but more and more like a dull roar - kicking and screaming on the way out in my opinion. It's a transformation that's been in the works for a while now but their competition has steadily been gaining ground and is more influential than ever before. We need complete, accurate, and unbiased reporting from verifiable sources and not gatekeepers. I think more competition in the media marketplace with more available outlets will go a long ways towards achieving that result.
Thanks for passing along the "How not to write a sex scene" article link. I wouldn't have got that from the mainstream media.
Posted by Mark W. on 11/26/2008 at 05:42pm | permalink | Reply to this comment
Thank you for the positive upswing heading into the long weekend! Graduated in May, and have been getting so many negative vibes re. the job market for new grads, feeling like my entry into the workforce couldnt' have come at a worse time etc etc. This gives me hope!
Posted by Simin on 11/26/2008 at 07:00pm | permalink | Reply to this comment
If the job market is so great for recent grads then how come it took me almost a year to find a full-time job? And why do I have friends who are still working at grocery stores and summer camps because they don't have enough "experience" in their fields but have to work somewhere to pay off their 100 grand in college loans?
Posted by Nicole on 11/26/2008 at 07:16pm | permalink | Reply to this comment
Glad to get some outside perspective. I graduated 18 months ago and am now job hunting for the third time after one company went financially insolvent and the other laid off my group. It's nice to hear that there's work out there - thanks for giving hope in what often feels like a futile search!
Posted by Rachel on 11/26/2008 at 07:50pm | permalink | Reply to this comment
Funny,
I'm a late baby boomer and I never noticed everyone having credit cards until Gen X began working. Almost all Gen Y owns a credit card and they use them regularly. Penelope's constant reminder to balance family and work is a good idea. Hopefully, Gen Y will achieve a better balance than us Bbers. But, we did work hard for what we earned.
Posted by ernie on 11/26/2008 at 08:53pm | permalink | Reply to this comment
Sorry, but I don't fit your GenX model. Probably because I'm single and did some work overseas.
Yes, I got laid off, about a year ago, after about 10 years at the same company, but I've had enough in savings + options to make out very well, and take some time off to re-tool. Am I traveling? No. Family first.
Oh, and unlike most Boomers and Y-Folk, I have zero debt. Your comments about the Boomers racking up debt is spot on. At my so-called Boomer & Y friends are going crazy with their ARMs etc. Oh, and since GenY was raised by Boomers, why is it a big surprise that they inherit their fiscally bad habits? Your home is not an ATM. Repeat after me. What goes up like a rocket may come down like a ballistic missile. You *cannot* use computers to tweak fundamentals. Just look at the current economy.
Me? I'm waiting for this thing to bottom out. Then acquire some property, muni bonds, etc. We're no where near the end of this thing. Cash is king. *Hold on to it*.
Everyone should get 'back to basics'. As in *SAVE*. No really, have a savings rate, and when you jump jobs, work this into your salary equation. If you do *not* tumble the numbers for your cost of living, then you're in for a world of hurt.
Posted by Drunken Economist on 11/26/2008 at 10:17pm | permalink | Reply to this comment
Cash is King until inflation goes crazy…
:)
Posted by David Rees on 12/03/2008 at 01:18am | permalink | Reply to this comment
What planet are you living on? In the real world, it is very bad. Sure, people aren´t starving, but the job market is bleak. This post, like many of your others, shows how out of touch with reality you are. Of course, I understand that your whole purpose is to right feel good articles for youngsters so they will get all excited about your next ¨Gen Y/Gen X/Boomer¨ rambling.
Get out in the real world instead of blogging. You obviously cant write that well. Perhaps some time out in the real world will help you get some sense of reality.
It is bad, and it´s going to get worse. There is so much toxic debt out there right now that you would be a fool to think hard times aren´t coming.
Posted by steve on 11/26/2008 at 10:44pm | permalink | Reply to this comment
Oh, I almost forgot. Your ranting about the so called banker elite and what not, how the MSM is creating a more negative scenario than usual — blah, blah, blah — is about of equal par to your delusional blogs about Palin — How we should model ourselves after her. Seriously, you have no concept of why things are really bad right now. Such rantings are typical of the crazies on the extremes of the political spectrum. Seriously … how can you be so sure? I thought you were a so-called Generational Expert who had a failed IPO, and can´t even manage her family, toting advice to any idiot who will drink the kool-aid, no? Since when did you become an expert at finance and the economy — or the Job Market. I would be more inclinced to believe what you are saying, except you have no data to back it up. Further, since when were you just entering the work force. Oh, that´s right, your a middle-aged woman who proclaims she speaks for a generation or two that is younger than her. The only job you seem to have is that of a cult leader … creating terms and phrases for people who need to be told what to think and feel, and can´t live without having idiotic labels on everything.
Seriously, PT, the job market is very bad.
Posted by steve on 11/26/2008 at 10:53pm | permalink | Reply to this comment
Wow - you really know how to alienate part of your readers (yahoo deja vu?). Time to do a little year end house keeping by removing subscriptions to worthless blogs. I will however, leave you with a few questions…
- How, exactly, is Obama creating 2.5 million jobs from the Hilton? Are you so punch drunk on the kool-aid to believe that simple words can change the economy?
- What is the benefit of creating class or age warfare between baby boomers and twenty something’s? Should we be celebrating the fact that the economy is creating low paying jobs vs. higher level opportunities? The belief that we live in a zero sum economy is absurd. Why does someone have to lose for you to win?
- How exactly is Obama running the country from his beloved Hilton? Through meaningless press conferences from a media that refuses to ask tough questions?
BTW – I am not a baby boomer. I am 29, college educated, and employed (for now).
Posted by Blake on 11/26/2008 at 10:55pm | permalink | Reply to this comment
I love Obama, too. Thanks for the positivity about the economy. People love to complain about things that are out of their control. Ignore the negative things you can't control, appreciate the positive (an inspiring president), and spend your time thinking about about what you CAN do.
Posted by Sofia on 11/26/2008 at 11:10pm | permalink | Reply to this comment
Where? Where are they entry level jobs of which you speak? I have been searching since I've graduated from college and found NOTHING!
Posted by Nashay on 11/27/2008 at 01:09am | permalink | Reply to this comment
I think that there are a lot of negative comments that have been left here and not in an intelligent respectful disagreement kind of way. I would like to think that the readers of Penelope's Blog are more mature than these comments suggest. Also, there are far too many kool-aid references here.
My feedback on the post:
I like how the post meandered. I think it was refreshing.
I am (delusionally) looking to switch jobs right now and it has definately been pretty tough to both find opportunities and to get very far in the recruitment process. Thanks for reiterating that we should "Think big, ask a lot of the world, demand repect and fun and a high learning curve."
Posted by Jennifer Ellis on 11/27/2008 at 02:09am | permalink | Reply to this comment
Your snide remark about how happy families are boring sounds very bitter. You should know better than others how difficult this is. It is an extraordinary feat to make make and maintain a happy family. Many people enjoy writing and reading about experiences and approaches in this area. Perhaps your work life balance is out of kilter since you don't think this is worthy of blogging about.
Go ahead and encourage the younger generation to stick their head in the sand about the current financial crisis and you will ensure they waste all that money they (or more likely their parents) have invested in their education.
Posted by LaDawn on 11/27/2008 at 05:05am | permalink | Reply to this comment
I was really feeling guilty about avoiding (so far) the ceremonial blog post about Thanksgiving until I read that part about Tolstoy. The truth is - this is what I should write on my blog and not in the comment section of yours But, if I write it on my blog, everyone at church will give me THAT look, touch my arm and ask that all-important question, "ARE YOU OK?" So here it is.
I dread Thanksgiving.
Every year, it's the same darn thing. My ex husband and I are on very friend terms. (It's been 10 years.) I wish we fought during the holidays so we didn't always have to "share" her and split the day. WE ALWAYS SPLIT THE DAY. Nobody travels so we can SPLIT THE DAY. We're soooooo cheery.
Sometimes, I just want her all to myself, but then, I'd have to give up Christmas. We split that day, too. And, then - during the half day I do have her, oft-meanie in law has to make sideways remark about her emerging, during which I want to burn him/her in the eye with a turkey drumstick. But, I'm nice and I resist the urge to ruin everyone's Thanksgiving, even though…
This is what I love about blogging. The conversation, which sometimes has nothing to do with the post. Now, *that* might actually be an example of narcissistic and self-indulgent behavior. Ha! And, yeah, Gen X did have a good run. We rarely discuss it.
Posted by jenx67 on 11/27/2008 at 06:13am | permalink | Reply to this comment
At some point in your post, young people became "college graduates." I suppose the stats for the young non-college grads are as grim as they are for older people?
Posted by Werner von Wallenrod on 11/27/2008 at 07:48am | permalink | Reply to this comment
Mmmmm, not so sure I agree. I used to, but not anymore. Recently, a friend who's an editor at a NY magazine who was only a few years out of college was axed. Also, a friend just 1 1/2 years out of college, who took a financial-industry job in San Francisco a few months ago, was just axed. It's starting to happen to recent college grads, too. And the job search for people my age right now isn't easy….believe me. It may be harder for the older folks, but I wouldn't say the younger generation is untouchable.
Posted by Emily on 11/27/2008 at 10:16am | permalink | Reply to this comment
As a boomer, who admittedly contributed to the delayed maturity of two really great boys, we finally got over our crazed "we want them to be happies" to "you want it, pay for it" - as WE were raised. Guess what. These two guys know how to work beyond 'putting in their 40' per week and will hopefully keep their jobs because they have a work ethic. Not knocking the GEN Y X or whoever - but this group doesn't share their stuff very well and from what I've observed; not that interested in truly mentoring young talent - a lot of talk but not much action. So, now the young kids are turning to boomers to get some of that - and we're willing to do it - someone did it for us. Old school wisdom? Maybe, but more than they are getting in other areas about the basic information that can lead you to success. Better prep for the times we are just beginning to see. I'm tired of the Boomer-bash, everyone (LABELED GROUPS) have something to offer if you can move beyond the labels.
Posted by Becky on 11/27/2008 at 10:17am | permalink | Reply to this comment
Penelope–
You are so right. Happiness is boring. More important, how long have I not been 20 and entry level? I didn't realize I was old until I read your post and thought, me? Entry level? Only years ago? Years? Really? It was just yesterday, right?
I kind of assumed your post was somewhat sarcastic. Not so? Many others thought you were saying the economy was peachy. I sort of thought you had this dark sense of humor, like, "Hey it's really fantastic for those of us who aspire to flip burgers at a fast food joint or work the check out at Wal-mart."
As for funkright, he has a wicked crush on you girlfriend. He's beside himself with deep affection. Just my opinion, of course.
Is it too early to have a glass of wine?
Posted by Alisa Bowman on 11/27/2008 at 10:35am | permalink | Reply to this comment
It's interesting. The Baby Boomers are constantly railing against the younger generations. We have been labeled as "entitled."
Recent employment rates demonstrate that the Boomer Generation should aptly be re-labeled the "Homer Simpson Generation". This new label is a better reflection of the so called Baby Boomer generation. Like Baby Boomers Homer Simpson expects everything to be handed to him on a silver platter. As he once said, "I'm a white male, aged 18-35! Everyone listens to me!" His inexplicable employment as a technician in sector 7G at the local nuclear power plant bespeaks his generation's culture of leisure and endless advancement, regardless of skill or education.
If there is one thing this article demonstrate it's the fact that the Boomers need to be re-labeled the "Homer Generation." Lets all join together and create a new meme! No more will we allow our older inferior generation to hold us down and incorrectly label us.
YAR!
Posted by Weston D. on 11/27/2008 at 11:36am | permalink | Reply to this comment
HI Penelope,
Happy Thanksgiving. Can you define "young"? I feel it can be a relative term and it would help me understand the point of your post a little better if I know what the parameters are.
Thanks!
Posted by Kim on 11/27/2008 at 11:57am | permalink | Reply to this comment
For this blog, young is usually Gen Y — which is pretty much college grad to early thrities. But debatable. And, really, it's very debatable because I think age is often defined more by how you interact in the world rather than by when you were born. In that vein, here is a quiz I wrote for you to determine what generation you are really part of:
http://blog.penelopetrunk.com/2007/06/25/what-generation-are-you-part-of-really-take-this-test/
–Penelope
Posted by Penelope Trunk on 11/29/2008 at 10:04am | permalink | Reply to this comment
Penelope, thanks for this very different view on current employment stats. Great stuff!
It was so good, I had to link to it on my blog: http://jobhacking.typepad.com/job_hacking/2008/11/thanksgiving-2008.html
Posted by Dave Hardwick on 11/27/2008 at 12:25pm | permalink | Reply to this comment
I am 58 years old. As a Baby Boomer, not only did I never spend tons of money I don’t have and bi$ch about it afterwards, .. but I used what little I DID have to help out my Gen Y kids with college so they wouldn’t be totally paralyzed with student loans upon graduation.
I get that you’re paid to be outrageous and push the envelope with a certain demographic..and maybe that’s all your funders care about. But if your funders have any moral sense at all..they will realize that you are doing A LOT OF HARM with your ageist remarks that inevitably stir the pot with younger workers who ..Hello…I might have to interview with and report to. It's hard enough for those of us in our 50's without your ignorant and smug comments contributing to yet MORE prejudice between the generations. You may be feel invulnerable now, but in 8 short years you’ll be in your fifties too..and then things will start changing, even for you.
The fact that this post appeared on Thanksgiving only serves to underscore your totally self-absorbed perspective on things. Not only am I canceling my subscription to your blog, but I darn well am going to find and share my concerns with your funders. You need a major dose of humility.
Posted by ERICA FOX on 11/27/2008 at 02:09pm | permalink | Reply to this comment
blah blah blah
I can't believe how rude people are in responding to your posts Penelope. I didn't subscribe to your blog before but this woman inspired me to do just that.
I don't see the economy as being positive for young people right now. However, my definition of young is different than yours. I run an employment education program for youth ages 14-21. In the midst of the holiday season, I have been encouraging and helping almost all of my participants to apply for any jobs they may qualify for. Very few have found anything (even seasonal work is hard to come by this year).
I appreciate your blog and the conversation that follows - particularly by those who are having a good time with it instead of taking it as a personal offense.
Thanks!
Posted by Emily on 12/05/2008 at 10:46am | permalink | Reply to this comment
Just considering your Branding issue and thought your last name poses an excellent opportunity….
Instead of Penelope Trunk's Blog.. why not just "Penelope's Trunk" or "Penelope's Trunk full of Blog"?
Posted by Natalia on 11/27/2008 at 04:05pm | permalink | Reply to this comment
I was hoping your post was really about 'giving thanks' but didn't see much 'thanks' in there.
I appreciate your observations but they don't match the reality and observations of my friends and colleagues. I also wonder why all the labeling? Yes, even social scholars create cohorts to define generations, but your words take those definitions so much further, into stereotypical not-so-flattering areas.
Oh well, I'm still thankful for freedom of speech, even when we disagree.
Posted by Jess on 11/27/2008 at 08:11pm | permalink | Reply to this comment
OMG, I get it now! I can't believe it took me this long to figure it out. Your website is like a candy store. The blog post is your store front and the comments are the candy. You can't sell candy without the right inventory. I get it!
Posted by Janee on 11/28/2008 at 03:03am | permalink | Reply to this comment
Penelope:
The thing about being a star performer - and it helps to pay attention to basic statistics - is that only a very small percentage of actual hoards of college graduates can be it. The outliers are never the issue; the crowds thronging the middle bulge of the bell-curve are the ones who face problems. Telling them to become star performers is like telling a short person to become taller! Not everything can be corrected by just working harder.
But then I forget, this is not a blog for those who do manual jobs to put bread on their table, this is a blog for those who have even butter but worry about varieties of marmalade and preserves to put on their bread.
As a society we need to think more about the masses without jobs and without homes and without security. An unequal and un-provided-for society is an unstable one, no matter whom you are married to and what age you are.
Posted by Shefaly on 11/28/2008 at 07:31am | permalink | Reply to this comment
Near 50% for 50 and overs? That startled me so I posted it in a coupla' of the groups - immediately I get this in private