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World Traveler
Joined: 29 May 2009
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radcon
Joined: 23 May 2011
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 Posted: Tue Feb 11, 2014 11:13 pm Post subject: |
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Or it means that jobs in the trades have completely gone to hell. |
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World Traveler
Joined: 29 May 2009
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| Posted: Tue Feb 11, 2014 11:24 pm Post subject: |
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"a college degree typically yields much more inflation-adjusted earnings than before"
"roughly nine in 10 college graduates ages 25 to 32 said that their bachelor's degree had paid off or will pay off in the future"
"Young adults see significant economic gains from getting a college degree regardless of the level of student debt they have taken on." |
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World Traveler
Joined: 29 May 2009
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Weigookin74
Joined: 26 Oct 2009
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| Posted: Sat Feb 15, 2014 10:38 am Post subject: |
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| World Traveler wrote: |
"a college degree typically yields much more inflation-adjusted earnings than before"
"roughly nine in 10 college graduates ages 25 to 32 said that their bachelor's degree had paid off or will pay off in the future"
"Young adults see significant economic gains from getting a college degree regardless of the level of student debt they have taken on." |
Those Starbucks wages are just to die for. |
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World Traveler
Joined: 29 May 2009
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| Posted: Sat Feb 15, 2014 3:11 pm Post subject: |
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| C'mon Weigookin74, not everyone working in Korea is a "loser back home". I mean maybe most are, but not all. |
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Mr. Pink
Joined: 21 Oct 2003
Location: China
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| Posted: Sun Feb 16, 2014 6:46 pm Post subject: |
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| World Traveler wrote: |
| C'mon Weigookin74, not everyone working in Korea is a "loser back home". I mean maybe most are, but not all. |
Curious about the loser comment.
I know a lot of the socially weird end up in Korea, and that segment would most likely have a hard job holding a decent job in their home countries without some specific skill set.
However, there are a lot of people that come because they graduate and have student debt that is pressuring them to make payments and the situation isn't very friendly for new grads from liberal arts programs to get a job where they aren't forced to live with their parents. This was me back in the 1990s. Sure, I could have worked a job that would make me hate myself - essentially working for the only job that would take me for minimum wage and high expenses such as needing a car to get to work, paying gas and insurance and of course high taxes.
Moving to Korea was freedom from all that. The hours are sort of a joke...5-6hrs a day. If you get a better job, maybe 8hrs with a couple of them desk sitting. No need for a car and all those expenses. No worries on rent. So food and entertainment and the rest of the money is banked.
Then there are those who realize after a time in Korea that many other doors can open if one properly utilizes their time in obtaining more education, networking, and generally not be a recluse or alcoholic.
I doubt I would have stayed 10 years if I wasn't married to a Korean and had a child in country. With those two things though, I could have stayed much longer then I did. What made me leave was upgrading my education. Was it necessary? Short term - no. I could have probably stayed at my nice private school job until I hit around 50. The thing is, what to do from 50-65? That's 15 years where I technically should be at the top of a pay scale maximizing my earning potential to counterbalance the crap I made in my 20s. So I upgraded my education with a B.Ed and MA. Now I can teach at least until 65 and I can do so in any country in the world.
Korea for many is a land of opportunities. I would rather apply the word loser to those who do not take advantage of these opportunities, and after years they are still doing the same job for roughly the same pay. I wouldn't use it as a broad brush to imply anyone who shows up in Korea "couldn't make it back home". |
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isitts
Joined: 25 Dec 2008
Location: Korea
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| Posted: Sun Feb 16, 2014 11:54 pm Post subject: |
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| Milwaukiedave wrote: |
| Last Thursday marked 10 years since I came to Korea. |
| hogwonguy1979 wrote: |
| We just finished 17 1/2 years… |
| Yaya wrote: |
| I'm in my 18th year in Korea… |
| schwa wrote: |
| Coming up 15 years myself. |
Well, this is all very encouraging. I’m about to go into my 5th year here in Korea and was wondering if I could last another 10. Generally, I like it here. I just don’t like that the Pacific Ocean is so big. Those flights to visit “home” really exhaust me. If flying to the US was as easy as flying to Japan… And I don’t know what I’d do without samgyetang, the public exercise machines at the parks, health insurance, no rent/mortgage, and a job I actually like doing…
Ten years seems like a big chunk, but, I guess one year at a time… |
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schwa
Joined: 18 Jan 2003
Location: Yap
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| Posted: Mon Feb 17, 2014 12:56 am Post subject: |
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| The teaching climate here seems to be changing though. Keep your radar up. |
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isitts
Joined: 25 Dec 2008
Location: Korea
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| Posted: Mon Feb 17, 2014 4:29 am Post subject: |
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| schwa wrote: |
| The teaching climate here seems to be changing though. Keep your radar up. |
Definitely. The 10 years is just speculation. I never feel settled or certain in these jobs beyond the term of each contract.  |
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isitts
Joined: 25 Dec 2008
Location: Korea
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| Posted: Mon Feb 17, 2014 4:42 am Post subject: |
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| World Traveler wrote: |
| Yaya, thousands of jobs are being added. At least 100,000 each month. That's progress. It is good news and cause for celebration. |
Well, you better hurry back and grab one of these wonderful jobs that you keep touting, WT! |
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World Traveler
Joined: 29 May 2009
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| Posted: Mon Feb 17, 2014 3:48 pm Post subject: |
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| I don't have to hurry. The economy has been improving for a long time and will continue to improve. For you to assert there are no good jobs there is pathetic. |
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World Traveler
Joined: 29 May 2009
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| Posted: Mon Feb 17, 2014 3:49 pm Post subject: |
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On this board:
News about improvement of the United States economy triggers anger. Very weird. You'd think people would be happy about that. |
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Mr. Pink
Joined: 21 Oct 2003
Location: China
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| Posted: Mon Feb 17, 2014 5:26 pm Post subject: |
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| World Traveler wrote: |
On this board:
News about improvement of the United States economy triggers anger. Very weird. You'd think people would be happy about that. |
I am mixed about it. As a Canadian it means my dollar buys less when I go to the US when their economy is going well. I guess I am glad when it was 1:1 for the dollar I took advantage of it and got my MA in the US which was cheaper than it would have been any other time in the past 20 years.
What miffs me is how depreciated the US dollar got world wide after 2009. I get paid in US dollars, and for years my salary lost a lot of the value that had attracted mt to take a US dollar salary.
I am guessing those getting paid in Won must have been happy at a weaker dollar as they were making more, and that could be why people get upset as the economy in the US gets stronger and the dollar's value gains over the Won. |
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littletelly94
Joined: 02 Dec 2012
Location: Korea
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