Why No One Wants To Be A White-Collar Employee Today
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- Опубліковано 30 тра 2024
- Why No One Wants To Be A White-Collar Employee Today
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"We can't find anyone!" (that is willing to work 60 hours a week for half of what they're worth).
most people WON’T fall in that trap anymore. 👍🏾
If it's all you can make, then it isn't half of what you are worth, by definition.
We have 23 yr old men starting at 30/hr and making low six figures. They work hard and long and odd hours. They own homes have wives and in some cases children and invest for retirement. Still need more workers. Few in this generation are willing to do what it takes. There are opportunities.
Elon Musk works 84+ hours a week! He works for free since 2018!😮
@@timmytempleton2488 I would happily work for that amount tho, probably anyone from south america
everyone wants to be a tradesman, right up until they become a tradesman and realize working outside and physical labor is really hard.
Ironically tech experienced this too, just in different ways. People were sold on the "dream" of tech, while not realizing how grueling it really is to break into the industry and how you have to continue learning for a lifetime. Granted there is way more flexibility in what you can do in tech fields, but the turnover rate is pretty strong and lacks a more general stability one would have in fields like plumbing or nursing. All high paying jobs will have something you need to endure to sustain that career, sometimes it just ends up being more physical or mental in nature.
@@TheSoulCrisis hit the wall and didn't make it past the interview barrier
@TheSoulCrisis I'm a system administrator. People underestimate the physical part and don't realize that like medicine, technology is always changing as new information is released. You've gotta be a lifelong student
@@bkstandard882 my bride genuinely doesn't understand this, so it baffles her when I'm making excellent money as a food batchmaking worker, but still want to take a class or two.
I love to work in construction...you have to be in good shape but the pay is good and we will be replaced by robots only after white collar workers are replaced by AI
9-5 money gives you fuel for the fire. Use it to buy cash-flowing assets that put money in your pocket every month. The predictable 9-5 income will allow you the freedom to explore different investment opportunities and see what works for you. Don't underestimate a salary.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
What a share!! it was easy to find your adviser. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
The money doesn't outweigh the bullshyt!! And most C-Suite positions are never 9-5 ..its 24/7 nonstop. My mental stability will always take priority over my Employment
You are incorrect. Corporate leadership teams make up their own hours and are outside facing. They work much less than you think but they do travel. They attend conference and that sort of thing. They have very little to do with the day to dat operations.
@@harrychu650 exactly. C suite staff "working" involves meeting clients, contractors, etc. Also plenty of traveling and dining on company's dime. If you juat have a wife, you just pay for flights and you can both enjoy most other perks like food, rental car, etc.
@@asadb1990dont missunderstand those lunches with fun.. it is not most of the time. You always have to sell something or make something happen. Otherwise you will not keep the position for long
@@zwieback1988 in a small company sure. In a large corporation lol, the company's name is enough. And the ceo is an employee albeit with a parachute lol. And even a bad ceo makes bank on company dime lol.
@@arby977 the "24/7" job is more being out, winning/dining/golf,etc clients. Not actually doing any real work. Plus lets not forget about the parachute.
As a guy he worked trades all his life. Yes it pays somewhat well but it is physically very hard
Why is everyone afraid of physical work? Sitting at a desk all day staring at a screen sounds miserable
@@WoodyJ98 People forget how and why the old gen walks and aches the way they do. My grampa waddles lol. He worked hard his whole life and you can tell just by all the aches and pains and the fact that his body doesnt work great. Its all tied to some work bs too. They gave their bodies to back breaking work that never really paid off. That is why you see all these old folks coming back into the workforce despite receiving Social Security and gains from their investments.
@@WoodyJ98 my husband's father has arthritis in his hands due to years as a roofer. He was popping 800 mg of Ibuprofen every six hours during the last years of his job, just to get by.
It seems like something to do while you're young, and then transition out of. I've seen a lot of engineers who start off in trades and use the income to get their degrees.
I’m 51 and have been in the trades since 21, I’ll be taking early retirement at 55 so I’m HOPEFULLY able to enjoy my life some before I’m too beat up to do much of anything. Joints get worn out Arthritis is real and it is a cumulative effect that hits you after using your body to make money for decades…also if working inside as I do the indoor air quality will kill you eventually.
I'm an RN who was management for years. The meetings suck, the salary sucks, the 24/7 sucks. Now I work the psych floor, I don't enter the building without clocking in, they don't call me at home. I don't have to sacrifice time with my family. That gets important when you get older. Nobody dies wishing they spent more time in the office.
This right here. Not all of us want to “climb the corporate ladder” anymore. I just want to be left alone, let me do my job and stop involving me with your toxic corporate bs and pay me my salary
I'm mid 59, worked trades from 20 to 40. 10 of those years as self employed. Been in office environment for last 20 years. Trade work takes it's toll on the body, no fun working in the heat/cold. Don't regret working the trades but much nicer sitting behind a desk with great benefits.
I was in the military for 20 years, I’ve had my share of being outside and a “labor” type of a job. Now work for the state, make $100k, with full benefits, close my laptop at 4, done for the day. Enjoying it
And you would know! i’ve never heard the opposite from someone in your position. It also drives with my own experience. Hurt my knee once and had to work in an office in the Boston area for a couple of weeks while it hailed all the Office jocks saved for the main office manager and the salesforce just fucked around all day making noise and cracking jokes making it hard for you to do your task. This is typically what you see with office workers. When I was in the army, I had a colonel forced me to do it for a couple weeks while his secretary was on vacation , I’ve avoided any kind of office job since then. Keep in mind I was just holding down the fort and I certainly wasn’t doing the same job that the secretary was doing, but I found the whole thing quite boring and very hard on an extremely fit 20 something year old , I suspect as I get older office work would not be as annoying as my body is pretty much destroyed at this point. PS also PS also, if you don’t want your body being destroyed by the time you’re 50 don’t join the military either there is nobody who does even a three or four year stent in the military at least the army of the Marine Corps, whose body isn’t screwed up for the rest of the life. It’s all her loss and musculoskeletal problems From the PT as well as all other crap in the environment like being experimented on by drug companies would you know is happening because it’s happened in the past and you get 10 shots and paperwork for three. Whatever the elite and the media try to get you into doing turn around and go in the other direction. They need your labor. You don’t need them.
@@Mav0585Why do you enjoy closing your laptop at 4? What’s fun about closing a laptop?
@@Mav0585I’m sure military helped. I work for a staffing firm.
Thank you,,, please tell these people how it is
Living on this earth plane is just getting exhausting. Ive learned the lessons ive needed to learn and now im ready to relax and just enjoy myself living instead of this bs known as the daily grind.
I recently quit my white collar job of 5 years. Never felt more free!
I’m sure that’s the case and I’m also sure you’re not in an attic flaring an AC unit at 110° or slogging through a sewer system doing whatever the hell kind of work people in suits Systems do I really don’t know but it sucks. I know that, I guess unless you’re a ninja turtle, then it gives you both an income and cover.
I was layed off but I agree, I also feel an increase in freedom. I have a hard time with it however, I'm young and fully capable of working in the trades. The problem is I spent many years building my career and invested far too much time and money to build it. How does one just flush that investment, it's tough even though physically and mentally I would prefer never working white collar work again. I must admit, it was never a natural progression of my nature to enter the line of work I did but now it feels a bit like losing a limb or two. I'm good at it, as I should be given the investments I made. Where ever the future leads it will need to strattle two lifestyles.
How do you earn money now?
A beta male provider
Yes
I made the switch from the tech sector to a more niche part of the automotive industry because I got tired of layoffs and being a cog in the stupid machine. Work where the owner knows your name. 🤘
That's good. I license software on the side of my 9-5 and it's definitely feels better when you work with the people who own the companies rather than being at the mercy of HR for how you are actually paid.
HR is just a saturated position in the market and they don't like people getting paid more than them. They'll set stupid limitations like how much people can get raises and they don't understand raises aren't percentage based increases but they adjust market-wide... I'm in one of the most in-demand position that every company needs and they don't change their practice anyway.
I've been considering leaving Tech because of all the layoffs but I don't know what to do next.
Hey Jason! What was your career transition? Like what did you used to do and what did you change to? I’m thinking of changing my career
Not to mention being a super amazing Central Washington UA-camr!
Right on, bro! Good for you! 🤘
I don’t know this personally, but from what I’ve heard, white collar employees today have to often switch jobs to get a wage increase and companies don’t value them. When I worked in corporate America decades ago, you could rely on the company giving you yearly raises and WANTING to retain you. Imagine, there was one instance when I voluntarily left a job after “only” five years and people were shocked! Nowadays it would probably be seen as staying too long….
This is true. I'm personally getting paid less to stay at my position because they don't want to raise my wages to my value and I've already talked to my boss about it.
My 401k is finally fully vested after 3 years of working there. Just going to try to get some things taken care of so there is 0 stress for switching to a new job.
I've been making almost half of my fulltime job wage just in a side business I do and I've renovated most of my house the last 3 years or so. I've basically made as much or more with someone with my title, but that was basically because I work 50-60 hours doing my job and other side-work excluding equity I've gained in my house.
If a job isn't even close to competing with market rate there is no reason to stay unless it offers something other than pay you value.
I'm literally getting linkedin offers for like 50% more pay where I match like 80-90% of the required qualifications, why the hell should anyone stay for more than 2-3 years in a company like that?
@@Lolatyou332 That's so short-sighted of your company. Do you think you will switch jobs and will you let your boss know the lack of raises is the reason? I wonder how he and the likes of him respond to the fact that it will be more expensive for his department to train a new employee who they incidentally also will have to pay more. It seems so inefficient and wasteful.
Very true. I have been with my company 2.5 years. Record profits, and I haven't had a bad performance review. I've asked about even a cost of living adjustment and they have some nonsense formula for what they determine the "cost of labor" to be and if you're within a margin of error they use that to justify not giving a raise. It's such a joke.
@@Ernoburgersome managers are trash. That’s why if a “good staff” wants to leave I rather match their offer if I think they’re worth it. Hiring and training a new employee isn’t worth it.
I get the switching jobs to increase your pay…as someone who recently done it, it also comes with lots of stress early on. The fear of losing the job, having to fit in and having to prove yourself in the early months. This will be my last job swift in a couple of years and I can always get a raise if I think the market calls for more.
@@Lolatyou332 This is why people leave. I'm a contractor and not a full time employee so I just go where the contracts are and once the project is finished I can quit and do other things. I like the freedom and don't enjoy the ass kissing and constant moving around. Been there done that. Some people also just like the ability to make their own money on their own terms and make and unlimited amount. You're capped in corporate america.
My husband started his own handyman business early this year after not being able to find another new "white collar" job and business is crazy good. He's booked out about 4 weeks right now.
Sounds great but for me, unless im taking some sort of deposit, i wouldn't believe any booking is real until i come by and get paid after the work is approved. Sometimes you drive to a place and the homeowner is shocked that more work is required.
Handyman in high COLA make good money. Here in the midwest there is low COLA and a derth of underemployed guys willing to race to bottom. No win for low income blue collar citys.
Good honest handy man who is difficult to come by. Even apartment dwellers with supers need to hire to have things done, like lighting, small painting jobs, plumbing (faucets, drips, leaks). I had someone recommended to me who I suspect cheated me.
If you are honest and jobs are done successfully, he will get loyal customers.
@workenhard i prefer the cheap handyman who charges super low rates to install my supplied material at high quality. Its mostly the immigrants (mexicans, russians, syrians, etc) and they have more work than they can handle.
@@asadb1990 thats a good win short term but the race to the bottom always ends with zero. Rates become too low to operate a legimate business and the entire industry suffers because a work to pay ratio gets out of line.
The car industry is a great example of this. Mechanics are impossible to find because the good ones left for other better paying jobs.
My son traded in a teacher and coaching job for being an independent contractor doing roof inspections from disaster claims. He tripled his income instantly. Its really sad because he was a great teacher and coach. He just couldn't make it on that salary.
That’s an insurance adjuster not construction doing an inspection on a roof does not kill your body. Are used to install boilers and they used to do inspections on boilers. They are not the same thing even doing maintenance on them can be hard and the basements are generally hot During the summer when you’re working on them, it is a step up from doing in the attic though
I worked construction through college and let me tell you I thank my lucky stars that I work a cushy office job at 38. People I used to work with are physically broken.
White collar- 6 figures in ac
Blue Collar- 80+hrs/week to get 6 figures, no ac
Trades- why does nobody want to be in?
Workforce- because I’m not working 30years to retire a cripple
Also trades:
Now hiring: Entry level apprentice position! Must have at least 5 years of experience.
....Why can't we find people willing to work?? Why do we have such a labor shortage?? People are too lazy. Nobody wants to work no more!
According to the internet, electricians make six figures starting in their early 20s.
@@jamminjimmie211 Wrong,. Wrong , and wrong.
blue collar 6 figures because average dude is over 50 years old and no one can answer emergency calls. generation z is going toolbelt
@@SomeUserNameBlahBlah my son is an electrician in chicago. After five years the pay rate is $55 an hour and $61 is you become a foreman. $55 an hour puts you in 6 figures. But cost of living in bigger cities is higher.
Build up your cash reserves.
Gov: hold my beer
😂 exactly this.
Inflation just makes your reserves worth less. Unless you invest in gold and other fine limited materials.
@@1HeatWalkgold is worth nothing if the market crashes 😂
If I had a time machine I would 100% join the military and then go to a trades school. I've been stuck IT support cubicle hell for 25 years. It's miserable now. Was fun and rewarding the 80's, 90's, and early 2000's.
Why not do jt now?
You would meet your former self and convince him, and then you would return to your cubicle in the future, wondering what happened. Well, turns out you went back and learned the trades and join the military and then found the time machine and went back and told yourself after you talk to yourself the first time to ignore the advice. The second you was smarter experience makes One smarter.
If I did not have bad knees. I would join and take advantage of the training. They have types of training that can help you get a good paying job in the civilian side if you pick a good mos. I work blue collar at a factory and make a middle class income. 61k net 80k gross last year but I would’ve loved to join because working at factory forever sucks
@@crush9197 work sucks period
Same! Wish I could go back.
Not a work ethic/lazy problem. It's a compensation problem. Younger generations are not going to sacrifice time, family and health for minimal pay. They are not fools like so many of us proved to be by falling for the 'work is dignity' rhetoric.
No one mention work life balance. Because you don’t get it in blue collar
I must respectfully disagree, just ask any boiler tech what he was thinking about on his 1 Hour Dr. at three in the morning to go and get someone’s spoiler running. You see this man doesn’t have to sleep like other people so he has more life to balance with his work.🙀🥳🧌
I know a LOT of labor, semi-skilled and skilled labor workers who really, really can't join any activity that has any schedule. darts, bowling, softball, whatever... their schedules are nuts.
4 days on, 4 off
7 on, 7 off
20 on, 10 off
3 weeks on, 1 or 2 weeks off
9-5 monday to friday is a luxury that they don't have
Don’t have kids …. lol
Schedule? lol
Wages for blue collar jobs are only well paying if you're extremely specialized in something or are in a union. The only trades really worth pursuing if you aren't union are plumbing and electrical work. Mechanics at most shops are lower middle class now.
Every machinist I know that is worth their salt job hops every 2 years because wages are so stagnant in this industry.
Also I'm trying to figure out who the hell this guy actually is. Nothing shows up on Wikipedia for ken Cole besides a dead sports broadcaster. He reeks of someone that was born into money and has never actually worked a real labor intensive job. This video along with his anti union and anti work from home rants stink of privilege.
My Dad was a machinist at Caterpillar he retired in 2001 and was earning around $30.00/hr and a full pension for life. That was a long time ago.
Sounds like a solid union gig! Those days for 99% of the industry are long gone sadly.
If you’re doing electrical, union or your own business. Working for someone is the worst and pays shit.
I am in an office, but my fingers do blue collar work with the keyboard
Outsourcing , automation, and over supply of college grads
Has more to do with high interest rate environment.
Yep
Not to mention the highly toxic culture and sociopathic C-suite execs & management
Don’t forget a million indians on h1b
This + the standardization of processes. Enterprise level software is all around us and makes it easy to replace employees. Employees have been de-leveraged over the years.
Blue collar jobs are better in your 20s. Light blue collar jobs are nice as you age trust me 😂
Alright I'm a master electrician that just made the transition to the office so I think I can shed some light. Trades are the way to go if you enjoy living an alright life with enough pay. If you have any desire to make real money you can't make it with your brain in the trades. A good electrician makes what an electrician makes. The ceiling only goes so high. I enjoy the work but let's not kid ourselves with the pay. The only way you'll make "good" money in 2024 inflation times is doing side work on top of your regular job.
An electrician is probably the easiest of the trades as far as physical exhaustion goes. This is not a dig at you. It’s just a fact I did HVAC and did some construction with my brother who is a contractor and had to end up moving a bunch of lumber And it felt like leg day at the gym. Plumbing is also fairly light unless you’re moving boilers in and out.
@@SeanEustace-zk3mc all of the "skilled" trades are the easiest on the body, hvac, plumbing, electrical. If you need a license it's normally easier work but that still doesn't negate anything I said lol.
I was always told electricians make six figures at an early age.
@@SomeUserNameBlahBlah you do in certain areas, but you have to be commercial/industrial for one, secondly those areas where you clear 100 are all areas where 100k doesn't go very far. I'm not knocking it. If I didn't change my career to it I wouldn't be where I am now BUT I'm noticing a trend that trades are being hyped as this cash cow career and you'll live a lavish life working them and it's just not true. You'll live a descent life, be able to afford an eh truck and probably still be priced out of housing in today's economy.
I gotta totally disagree. I'm a plumber and know several guys in the Atlanta area that make over $200k. $100k is on the low end. $120 to $150 is very attainable with service plumbing. The same can be made with service electricians. New construction rough ins don't pay nearly as well.
4:50 the trades will become oversaturated. It will level out and people dont forget, everything is connected. If the white collar jobs are washing out this season and pay and inflation etc doesnt get any better. You really believe that people are gonna scrounge money to pay a trade person. When we have youtube and libraries that have information on how to get what we need done without paying trade people money we dont have because of the times we are in. Its all connected. Yeah, that may be whats going on right now but its short sighted at best. Seasons change, tables turn. Blue collar needs white collar to survive and white collar needs blue collar to survive.
It will take much time to become oversaturated. Then hopefully building will be cheaper
Not true- lots of people will start and stop. It’s hard work physically, and most people don’t have the mental fortitude to get through it
Yea people dont realize that. My dad was a plumber in the 90s, and let me tell you, we were not living good!
It is not just going to become oversaturated. They are willfully pulling this off just like they did with IT PhD is in their early 80s and pharmaceuticals and coding in the 90s. They always saturate the field so they can have cheap labor. It’s their game.
The question that comes to mind is whether or not America will be able to pull off the economic boom again that would support white collar workers as they have in the past 50 years.
There's no two ways about it, this country is in need of rebuilding its infrastructure. The real money in trades is when there's massive projects that are on a deadline. America is going to be rebuilding just to maintain the functioning of society. Yes, there are seasons, but the next 20 to 30 years will be about re-establishing in America what has left from Globalization.
I think it is clear and anyone can attest, that making the top 10% of wages/salaries in white collar or blue collar is HARD work. There's no getting around it. But it is true that generally speaking you need more workers in blue collar work. So yes, the average blue collar worker makes less than the average white collar worker.
I worked retail, labor, military and corporate. Corporate is generally less rewarding and stable but FAR more comfortable and higher paying. I’ll live the corporate life till I die
I've worked retail and labor too. I'm applying to white collar. I feel like shit will be easy wish me luck lol people complain about everything these days
@@taishou94 it will not be easy. And if it is easy, your days are numbered- they will lay you off
@rl1271 I'm saying sweat wise. Obviously it's a different type of mentality going in. As well as manners and professionalism. But I can adapt.
H-1B/H-4 has flooded the US labor market, decreasing demand so companies no longer are willing to pay six figures. In fact, some are laying off workers, then bringing in foreign workers months later. Rather than re-hiring the employees on layoff, companies have can use these Visa holders as "temporary" labor, without the excess of contract companies.
Yeah, all those foreign workers also need houses that’s your rents and housing costs have gone through the roof all because your employer wanted to depress your wages. That Supply demand economics, my friend and that’s what happens when you wet capitalist run your political system capitalism and low wages go together like communists and starvation and the persecution of the innocent.
💯💯💯
So horrible being paid to work in an air conditioned office. Better to go work in a warehouse, a factory, or a construction site right guys
Id honestly rather make money moving around than sitting all day. We really have become lazy as a species
All that screen time would be bad for me too.
Wink wink🙀👍🏼
he was just saying thats where the demand is for a reason. Its tough work no one wants
Objects in motion stay in motion
The office SUCKS!
It’s ok if you make good money but I agree it sucks if it is low paying.
Yes, but I guarantee you Flaring an air conditioning unit in 110° attic is worse.
I can guarantee when you’re the plumber that shows up to the water heater that had flooded the basement at three in the morning that it sucks worse than the office.
I guarantee if you’re the carpenter in your 40s having to carry a truckload of wood down into the basement to get it out of the rain in the next hour that that sucks worse.
It really does. There aren't good enough trade offs anymore to justify that path.
I'd rather be in a climate controlled office than a hazardous environment where PPE isn't 99.8% effective
facts way too much goofy
Love the glasses great report
I’m an aerospace inspector I make $110K if I work 40 hours per week but if I work OT I can get up to $180K no college degree, no debt other than my mortgage. An engineer told me once to never pay to go to college he told me to either join the military and use the GI bill or find a company that pays for it, instead I learned a trade in the aerospace industry that guarantees me a six figure income or more for the rest of my life!
@@TwisterTornado lol English it’s my second language. I DID NOT HAVE TO GO TO COLLEGE, but if I wanted to go it would be free I’m a veteran also my company pays for tuition as long as you average a B for grading.
@@grovve8960How did you get into your line of work?
@@martinlutherkingjr.5582 Search for jobs in the aerospace industry that are entry level or trainee.
That bullshit isn't true today boomer, no one hires you if you don't already know it 😂😂 get a fucking clue and look at TODAYS environment please
I've been making 6 figures a year at trucking companies like Sygma, Sysco and US Foods for the past 7 years. My best year was 130,000 - and i was home everyday 🤷🏿♂️
Food service delivery drivers work harder than almost anyone. Earned your pay, but zero chance most people can do that. Half the people I went to CDL school failed and none of them even considered heavy manual labor like that.
Quality content, thank you for this value.
While its easier to get into a blue collar job these days and the jobs are more plentiful, most barely make anything in comparison to the effort you put into the role and the physical strain on your body. only highly specialized tradesman with unions make good money or the business owners. Vast majority are making peanuts.
I think it’s because people don’t want the stress of white collar work anymore.
That's right. People are also sick of "dry promotions" -- taking on additional unpaid responsibility. Everybody is quiet quitting, taking jobs they are overqualified for, to live a more stress-free life. I did this, but happen to make nearly what I did as a white collar worker and it's fully remote. I get to live in the middle of nowhere, clock in and clock out exactly on time. It's great.
@TheyRiseBand its a lot more about setting boundaries from day 1. Many lack the back bone.
facts. last interview i declined because payplan was a joke.
The idea that working in an office using productivity software is more stressful than real work is ridiculous. This is the argument made by people who want to pretend that their job is really harder so you don’t question or want to come after their nice job. I found a carpet cleaning and a moving company and I can guarantee you doing spreadsheets and receipts and dealing with the insurers is not the hard part of the job. It is the most undesirable part but not the hardest. Certainly not the stressful scenario. Everyone makes it out to be. What sucks is when you can’t afford to hire it out to someone who’s naturally better at it so you can focus on the areas where you excel.
It’s beyond stressful in terms of increased performances measurements, below standard raises, mental exhaustion, repetitive work, commuting, in office requirements, doing the work of multiple people without any change in pay, manipulation of job description, office politics and hierarchy, unfulfilling work, demanding clients ask etc.
The Great Stagnation. Yes, you can use that. I think the economic pressure from the pandemic shook out at lot of the BS jobs and useless major and that is why we see a shift towards trades and skills that can make money right away.
I agree with this Ken. I am a white collar, senior manager in financial services and about five years ago. My income stopped rising flattened out and it started to descend a little bit. I was laid off a few months ago and now at my new firm it looks like there are more layoffs. And it’s middle and senior management that are being shown the door. In the meantime, the welding company and the heavy road construction company and the commercial plumbing contractors can’t find anyone for any price. If I had an ounce of mechanical or construction skill, I would jump into that game in a minute. I just don’t have what it takes to do that kind of work.
You do not want to be a welder in construction. Those jobs are dangerous as hell and cause you to go into a drug spiral.
I wouldn’t say any price. Let’s be honest. It’s any price they willing to pay, pay them 6 figures they’ll be plenty
Our family is experiencing the same - it could have been us writing this. Mostly due to outsourcing tech and even senior management to India. I would have never predicted this.
I work a white collar job. I love it!
Ken looks like he had a rough night.
All that Ramsey money, tough to spend it all.
@@TheyRiseBand🤣💰
Contracting has been a lifesaver for me since I have been laid off. It seems like a lot of the white collar roles are being split and new roles are much smaller and more specialized (and thus better for contractors).
Trades are only looking for journeymen, not entry level or labor workers. In my city there are mass amounts of unemployed people looking for work in trades and only journeymen are in demand.
*Hallelujah!!!! The daily jesus devotional has been a huge part of my transformation, God is good🙌🙌🙌🙌 was owning a loan of $67,000 to the bank for my son's brain surgery (David), Now I'm no longer in debt after I invested $10,000 and got my payout of m $170,500 every months, God bless Andrew Louis stella* 🇺🇸🇺🇸🇺🇸…
Waking up every 14th of each month to $210,000 it’s a blessing to I and my family… Big gratitude to Andrew Stella 🙌
A lot of good news about her even on the news today and so many recommendations on UA-cam. She must be a great person, I’m willing to work with her
My advise to anyone holding cryptocurrency right now is to invest it and earn upto 70 times of the initial capitals. Holding cryptocurrency will make it reduce because once the price goes down it will definitely go down as well but when you invest it, you won’t have to worry about anything
Yes I agree with you on that. I was once a holder with about 3BTC, 7ETH and $8000 worth of lite coin but now after investing I have about 17BTC and 21 ETH.
51years and I’m retiring next year 2025 all glory to Stella for all her good works in my life…. 970k earned so far
Everyone older I know who worked trades other than plumbing or easy electrical worker federal government jobs tells me trade work ruins your body. They all have terrible back problems and arthritis. But I think it is more important to do work you love like the book Flow talks about than just doing work for money. The book Flow gives and example of a low ranking worker at a factory who loved what he did but never wanted to move up in the business but he was happier than all the people making more and higher ranks than him. It’s about finding flow in your work and loving it. Money won’t fulfill that emptiness from not having flow or not liking what you do every day. Just think your job takes up most of your living hours so you may as well like it. People who refer to work as a grind and dislike their job are wasting their life away.
Remember when the pharaoh of Egypt enslaved all those office workers and made them do all the bureaucratic paperwork? Yeah me neither but they did build a pyramid with a lot of plebs. If you want to know which job you want it’s the one they never use slaves to do. When a job sucks so bad they use slaves to do it. This has been construction for most of history. I just want you to take a minute and let that sink in no matter what side of the argument you come in on.
I feel this.. I can’t get my company to give me a raise and I’ve added many new skills and constantly trying to improve. I’m very hesitant to leave because I have a great boss/team and amazing flexibility and work remote full-time.
I earned my way through 2 degrees by being a mechanic in new car dealerships. After graduation I went to work in marketing for one of the car makers. 25 years later I can see both the salary ranges for the white collar jobs in my company and also how the dealer technician/service labor rates have changed. Technician salaries (based on the labor rate) are twice what they were when I left in 1998. The same position in the white collar salary band is not even 50% higher than it was when I started.
Supply and demand. Lots of people who should’ve pursued skilled physical labor jobs all along were pushed into higher Ed, earned a useless degree and are currently spending their career cobbling together a livelihood. Surplus of people who want the white collar job and a shortage of people who want to do actual physical work. So the wages of the latter rise
This is because there have been too many people encouraged to pursue “white collar work”. There is an “oversupply” of people with white collar education.
@@dougpatterson7494 yup. Summarized my post nicely.
Yes, but who makes more per hour? And who goes home tired and can’t do anything and who hast to go to the gym just so they can sleep at night?
@@SeanEustace-zk3mc Good questions! As a mechanic I worked a set shift of hours and could leave work behind mentally. The white collar job day never ends and in my early years I was on the road 4 nights per week. I was tired at the end of a day turning wrenches at the dealership, but I gained 20 pounds in my first years as a "white collar" because I wasn't moving and walking all day. Both work models impact lifestyle and both take their toll on a body after many years.
The only way to not get caught up is to never apply. I quit because I was salary, still worked about 64/hrs a week unpaid. Doing BS to prop up fake numbers. It was never 9-5. Now I’m a MRI tech making almost double. Working 7-330 M-F, and more time with my family.
Love the trades, love working with my hands.....dont like typing all day on a computer sitting down
Notice how 9 out of 10 times, its non-trades people or media personalities pushing others to get into the trades.
White collar recession true I am feeling it
Doesn’t Ken have teenagers? Is he recommending that his own kids go to trade school rather than college?
Your kid should be taking CLEP,AP,DSST exams in high school. You want them pissing through the bachelors degree so they can go get a masters degree which is the new bachelors degree. You don’t want them in the trades.
Unfortunately, too many people's personal identity is what they do for a living. Most of these jobs weren't around 50 years ago. They won't be here 50 years from now. This has been the cycle throughout human history. The mistake for these former high earners is that they believe they are today who they were before the layoff.
Dropped out of college half way into a Hydrology degree. Been a Diesel mechanic for 23 years. Was recruited when Covid started. My job paid a huge bonus and they pay for my children’s college. I worked 6 days a week all though Covid. Did side jobs and made 130 hr tax free. Wife is a ex CFO and is mid level management at a hospital. Live in the burbs and paid off our house and 2 rentals. I fix almost everything around the house. I am the only blue collar guy in my neighborhood. Everyone else are doctors, tech, etc. They complain about paying for landscaping, car repair. Home repair. 15 years ago plus. White collar people would look down on me and talk shit. Now I am the one who talks shit to white collar folks.
Probably not talking shit about the doctors. Lol
Sir God bless you I love to hear these stories I’m trying to do the same but in a different industry, comments like this MOTIVATES ME!!!!!
@@donaldbowler4514doctors have close to 1M$ in debt because of school so even if they make over $300K, it’s not worth it because you will always be in debt!!!!
@@grovve8960 more like $400,000 in debt for specialist.
Yes, and they don’t care they still see you as a dog. That is literally what they teach you in college though indirectly. It’s understood it’s in the curriculum. If you have a brain, you will figure it out. The funny thing is the working classes always done its job. Well, the elites have always fucked things up. That’s all they know how to do. They’re not very good at being elite one might say they’re not very elite. It’s never been a meritocracy. It’s always who you know it was your father the monarch or your best friends father got you an a sales job in his company and help you excel because he knew you, it was always who you knew knowledge education and skills are good, but they are plenty of high IQ people with a great education that came from a poor background that will never go anywhere in America. How much more if they can’t keep their tongue. The cool thing is, as people age, they all begin to resemble those kind of people who could never keep their tongue because they don’t care anymore.
Yes, with Google, Microsoft, Cisco, Facebook, Twitter (X) laying off in huge numbers, there are a lot of tech sector jobs that are evaporating. We are talking hundreds of thousands of high-paying jobs going away, with no signs of ever coming back. You also see the beginning of AI being leveraged to reduce the need for some of the mid-high level jobs as well.
Ai is overhyped none of this is due to ai
Joined the trades at 23, 5 years later hit 6 figures and I’m now in a polo and khakis from moving up the ranks. No college debt, if I lose this job I know I can go anywhere else and make similar money, and the only complaint I have is not getting in at 18
God made work as one of our Earthly duties however we weren’t made for work. We’re made to honor God through all things we do
Should the entire planet just quit their jobs to honor your god? How silly...😂
The Bible also teaches that all work is profitable. and this is true, but capitalism has made it so all work is not profitable to the worker, but very profitable to the capitalist.
@@aggie7756 Literally not what I said. You’re not that good at hyperbolizing your statements
As a former tradesmen (electrician) who is now an engineer, it is not as rosy as you think. The trades do pay well, and if you have the will and desire you could retire in it. However, a lot of the trades take a toll on your body. It is fine when you are in your 20s and 30s, but I sure as hell do not want to be digging trenches under the sun when I am 50. Also, my potential income as an engineer is much higher than what it was as an electrician. So here is the recommendation of someone who has seen both sides of the coin. The trades can be worth making a career out of them, but they are also a great stepping stone for you to get a bachelor's degree and get that nice and cozy office job. Just don't get a degree in the Feminist History of Art and expect to find a job afterwards.
yep i never did trades and could never do it at my age. I am IT but management now but used to have to do shift work . Not anymore
I agree with the statements about the trades. I’ve been saying that for 15 years. But I don’t know that those jobs are “booming” right now. People are trying to DIY now more than ever. The info is out there today. UA-cam taught me how to fix my washer. I laid my own floors. I’m a 52 yo woman with a husband. We can afford to pay to have all this done, but we aren’t going to anymore unless we just can’t do it. It feels like someone pulled the plug on the giant drain and those who don’t learn to cut corners wherever they can will be the first to fall in. And I’m talking about the “wealthy” too. Their cash is being sucked out the window too.
I was making 160k working as an analyst. Can’t land any new job. I’m not afraid to get my hands dirty. What’s a good blue collar job to get into in California?
My son does commercial HVAC in Chicago and can work as many hours as he wants, typically 75 per week. Last year he made $230k.
what were you doing as an analyst? Why don't you think your skills have not transferred to a new role. From my understanding, data driven roles are the future.
learn to weld
@@Rebecca-ci3zchow old is ur son
You think that's how it works?
This was my first time chiming into this channel as my algorithm brought me here since I recently just got told by my company that I will be getting laid off my white collar job with Maersk who is a global maritime logistics giant due to them reassigning my position and 25 others to another country. All these corporations are outsourcing to other countries in order to make more profits for shareholders and it’s just going to keep getting worse. Kinda scary for the white collar jobs, not sure what the future is going to look like.
You can get a good start on saving up if you're young, smart and willing to work in the trades. You may not stay in that lane forever but it's a better start for many of these young people than going to college only to work at Starbucks for the next five years afterward.
Ken your speaking about me in 28 have made 6 digits in finance for years haven't found anything more than 30/hrs in over a year. I have a good amount out away to the point I don't need to degrade myself. I would of loved to have a 30 year career at 1 company not a reality.
Only business owners make money in blue collar work. I'm in land surveying. The boss makes a fking killing, I make an hourly rate but need 4 years minimum to earn my LS to do it on my own. That plus a shit ton of money for equipment.......
👍🏼yes
Are you affiliated with the Dave Ramsey organization?
Yeah, and there's so many certific ate programs that you can get less than a year and be job ready you know. And if you're 18 and you get a tech certificate or even like a healthcare certificate all in under year, you could be set for a good while and you would forgo the high amounts of student loan debt. Your certificates aren't cheap. You might spend about $20 $25,000 on the certificate on average, but $20,000 in debt is not a lot. If you make $60 or $50,000 to start off and you live at home and some of the certificates are less than that. Some of them are even $10 to $15,000 so it's really not hard to come to the conclusion
Good advice, whether white or blue collar
I agree with this. I am gainfully employed. But I am casually looking for another role. The pay is about $50k less than what I saw 2 years ago when I was job hunting then. I am thinking I need stay put for now.
How many of these jobs will be wiped out by AI and out/in sourcing?
Be a contrarian
Network
Have savings
Have a side hustle/gig.
Great advice!
So that’s where the tide is still going out at. Ok. Hence the cracks in commercial real estate. Ah.
On a more joyous note concerning working when ya don’t need to, Ecclesiastes says this very thing. It’s in chapter twelve if I recall correctly or at least somewhere near there. And if that dude, the only trillionare of his day, declared it there’s probably some pretty good weight behind it. To be realistic these people of blessed position are best (c)-suited for market expansion.
Yes it is shrinking and rapidly!
A day after graduation and now this bad news! 😅 I was asking my peers for those who did didnt secure the internship or job yet, will the workforce truly be ready to recieve you all? It seems like there is always a recession during graduation months MAY/JUNE I KID YOU NOT!🤣
You literally have a smaller population every cohort than you did the cohort before. Disease are smaller than the Gen X the millennials were smaller than the boomers etc. yet through the magic of mass immigration wages never go up but rents and housing. Sure do that’s called Supply and demand economics kids, that’s what’s happened when you increase the number of labors in a given market their value declines those same laborers need housing so rent and housing cost go up. The picture who gains the most from low labor value and high rent. Now you’re starting to think like a big kid.
I've worked in white collar jobs and blue collar jobs. My blue collar jobs definitely cared more about me as a person than my white collar jobs did. I was recently (wrongfully) fired from a white collar job because the managers were afraid I'd try to get a promotion and come after their position. I also had a white collar job that laid off half the company. I was safe from the lay off, however I spent the rest of my time there afraid I'd be next. Blue collar jobs can be more physically demanding and have worse hours, but they will give you more security. There's no BS in a blue collar job. Just show up and get the job done. White collar jobs will fire you, lay you off, intimidate you, ect. Let's not forget the passive aggressive emails and meetings that come along with white collar jobs too. I am a huge fan of blue collar work. I regret going to university for 4 years. I wish I had gone to community college to learn a trade instead.
Im from the chicago if you work in an office your status is much higher. Nobody wants there kids to work in a shop or the trades. Ask anyone that wants there kids to go to college would you prefer your son or daughter work in a shop or the trades or an office.answer office.
Utility worker here, 19 years in. Did 14 in the field,4 in office, now I’m back in the field. Screw the office. Plus we make more in the field than the office, rightfully so.
Maybe we should make Ken Coleman like chatbot. What would Ken do when he’s automated away?
I can already predict the future. Amazon warehouses on every block and millions of delivery trucks everywhere and at every street light. That sums up the real world demand.
A lot of people by pass the manufacturing side of things also, if you find the right company that tops out quick and offers double time on Sunday your at a 100-150k a year. Sure not everyone likes working that much but to know that it's there if it's needed or something happens beyond the emergency fund. I work for one of the large food manufacturer in the warehouse/supply chain side, us on the floor make more than the managers until you get to the upper management that typically have 20 plus years of experience and a degree. The next level of manager from me 68-80k a year salary and yes they have to work beyond 40 hours and are on call. Plus all the hoops they have to jump through and my company is an up or out company if they don't get fired first. Sometimes I think I should have went to school, but I see people in those fields in no better of a spot I'm in and live in my neighborhood. We all get there it's just different ways of doing it.
I’m retired so this doesn’t apply for me. But if I was over the age of 50 and laid off, there no way I’d go back into corporate America. Instead I’d use the expertise I’ve gained over 25 years and start my own business. Or I’d use something I’m good at and go into business doing that. Fact is…6 figures used to be the dividing line, but with house prices as tge are plus interest rates and even rents, $100k is just not enough u less you live in a rural area and have huge equity in your home. Think about it…6 figures has been that goal for at least a few decades, yet the Dow is at 40K, with record profits, yet companies are just dropping crumbs for their workers.
Been working as an Electrical Engineer for 5 years. Still not making 6 figures
I’m white collard, and like the idea of getting into the trades but the sad truth is the non union trades don’t pay well & don’t have good benefits like the union tradesmen. ( atleast this is true in my state of KY ) However, it is getting hard to get into these union trades because everyone wants top pay & free healthcare & a pension, so you better know someone or have dang good experience to get into a trades union In my area atleast.
I work an overwhelming AR job & I'm making less than I was making 15 years ago. Then they gave us a 1% raise after working our a$$ off more due to a virus that destroyed our main program we used a few months ago. The stress is not worth it so, I'm definitely looking elsewhere. They would replace us within the hr & could care less. The bigger the company, all you are is a number.
Ask yourself a question? Do you actually produce anything? What do you add to the bottom line? Can you be replaced with a college student for 1/3 of your current pay? Do you work for a company that has 20 or more VPs? What do you do all day? Do you really think your so important you can't be replaced? Look out. Your on a list to be canned somewhere. Good luck.
I can't really be myself in a cutthroat corporate environment. As I've found out, i can be myself in a blue collar job but im exhausted. The exhaustion is incomparable to the mental fatigue you endure due to all the backstabbing and toxicity of a corporate work culture. I crave structure, but when I've been in environments with high-structure, those jobs sucked. I couldn't be myself. I just want a job with more structure, but i could still be myself in. So far blue collar seems to be the best so far. Wish i didnt have to wear a uniform.
White collar is still where it’s at. Stats say they make more.
I make six digits working from home in a very cushy IT job. I’m not saying this to brag: I’m saying it because nobody in the trades makes as much as I do working as little as I do unless they own the company. That’s a fact.
Get into IT on the software side: development, data scientist, business analyst, AI…something. Once you get some experience it is still an amazing career.
My blue collar ass will challenge you on that.
All I’ve heard is IT is oversaturaed
You still have to find a way to work for yourself if only on side gigs in order to guarantee your independence from an employer in the long run. But I agree with you and you’re in a position where you can live anywhere on the planet and take advantage of the adage between rent in America and then a normal country that doesn’t have mass immigration, you end up saving more money perhaps lot of taxes I think an American citizen can make 110,000 or more without owing any taxes if the money is made overseas don’t quote me on that though
@@WoodyJ98 it is. Tech has been laying off like crazy.
If your goal is to work little then sure but some people just wanna do what they love.
There is so much that goes into this I don't even know where to begin. As a radicalized elder mill who was taught by his grand dad to "Work hard and stay loyal" I didn't really understand the context. Companies became cutthroat with jobs in the white collar field. Which seems like a fucking betrayal because those kids went into debt with the promise of a "good paying job."This is worsened by the threat of AI taking things over these jobs. There is SO much more that goes into this, but I'll stop there.
my man is based!! I know you know the truth. Im with you. Ive got three options. 1. give my life to some revolution that will change some stuff. 2. take out a loan on S-corps or LLCs and take risk and if it works it works, and if it doesnt, then just file for bankruptcy until it does. 3. Do the same thing ive been doing, getting the same results.
BS. Ken is another millennial with no clue. The trades are almost full. There is very little work for the trades right now.
I dunno. I work a typical "business" job that's white collar making a quarter million a year and working from home. Nothing wrong with blue collar work but I'm not unhappy about my situation, lol.
I’m blue collar and it’s overall terrible as well. Need to find a niche or switch back to white collar.
People would advise me years ago to come into software engineering since AI had taken over Software DevOps and White Collar jobs. I am a hardware guy, not going to build out Data Centers and run cables. Assembly of metal racks requires physical effort. In April 2023 97k white collar jobs in monthly job report April 2024 7k . Cubicle jobs are down
I am done with corporate America after 10 years in engineering and management - too much narcissistic bosses and toxic environments
If you know people who are wealthy enough to retire on their investments, they should stop looking and RETIRE. Let the younger generation have access to those jobs instead. You can't take it with you when you die. If you have enough, it's time to let the youngsters thrive.
Yeah Apple laid off our team two years ago and I still can't find work. Now live in my parents basement at age 34, lost everything, wife left me, and can't provide for me kid. Car repo'd last week. Zero money in my bank account and can't transport anywhere. Life kinda sucks.
Are you a software engineer?
@@Alex-kg1xh yeah
White collar easy to offshore
But I like it so I do it
To each his own
I feel like so many young people are delusional about work ethic and how entitled they are to not want to work unless they are paid such a high salary.
Many young people are whining about not understanding why they can’t get a job that aligns with their passion and pays them what they FEEL LIKE THEY DESERVE
Become a aircraft pilot or aircraft mechanic...those folks are swimming in $$$. Do it, trust me! Im a white collar worker in aviation and i haven't had a raise in 2 years.. but all pilots have gotten raises because we need to keep them..its insane.. i also have a Masters😢
I just spent two years as a Fractional CFO working around private equity. Just got hired as a FA for a national financial firm. I’d say that’s pretty white collar.
Was it a grind landing that gig? I’m also connected with finance. Ran a major operation. I’m getting no bites out here in the market. Any advice? Thx.
@@mrwojnait took 1800 applications. It ended up being a gentlemen I knew locally to get the nod to recruiting. I just took a test today and was walking out with a gent who just took the series 63 as a Barclays fixed income trader. It pays to network as opposed to filling out application after application.
@@mrwojna the Fa search took a while, but the three firms I have worked for have taken at a minimum 4 months to onboard. Goldman was freezing hiring, Morgan Stanley froze hiring, it was tough, I built a finance organization from nada, and it still wasn’t perfect.
The Sarbanes-Oxley Act made the personal risk too high. At the advice of my lawyer, I resigned after a year and went back into the world of FA.
@@bradygallagher4449 Outstanding! Thank you for the thorough reply. Very helpful. You’ve put things into perspective for me. I wish you tremendous success in all you do.
If only we had some kind of free enterprise economic system driven by supply and demand where businesses fail or succeed depending on how they respond to the market…
We are not in a recession for white collar or blue collar jobs that pay well and are interesting. I work in the financial services field and I’ve submitted many many many applications to private equity firms and I’ve never gotten any response. What there is a shortage of is workers for shitty jobs. People don’t want to do a shitty white or blue collar job. I think people are demanding better work environments.
Learn German or French and you can go over there and have a better standard of living right now. Don’t let people lie to you with funny numbers. I have not met anyone who lived in northern Europe or even Spain or Portugal claim that the US was a better in working environment and these people always end up with savings even though they make significantly less, have free healthcare you can go to school. They’re very cheap and by going to school there you might find your way into a job there. Their cultures are willing to pay people more. American culture is so capitalist that it likes to let capitalist take advantage of people in order to Guarantee, outrageous profits. That comes out of price and the expense will fully be born by you as a sidenote if you stay in America, you will be paying for German defense if you go and live in Germany, you’ll get all the socialist goodies and not have to pay for defense .
Dont forget, Whit collar work can be outsourced to lower wage countries
Trades also have to go on call leave their. Family in the middle of the night to go fix some bullshit non emergency that the customer swore couldn’t wait until tomorrow