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20-somethings are much better off in Korea than back home
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Are we better off here, at least for now?
Yes, its the collapse of Western Civilization and I'm enjoying the view
42%
 42%  [ 21 ]
Maybe. Its hard to tell at this point, it could really go either way.
34%
 34%  [ 17 ]
No, its temporary. Soon we're going to party like it's 1946!
22%
 22%  [ 11 ]
Total Votes : 49

Author Message
poeticjustice



Joined: 28 Feb 2009

PostPosted: Sun Oct 11, 2009 7:59 pm    Post subject: 20-somethings are much better off in Korea than back home Reply with quote

...even if you have a specialized degree.

From HuffingtonPost / Businessweek:

http://www.businessweek.com/magazine/content/09_42/b4151032038302.htm

I knew this was happening before the recession but it seems to have worsened dramatically and is only getting worse.

On these forums you'll find all sorts of nitwits who will call you losers, failures and what not for working over here. Some of said nitwits claim they can jump into a 60k per year job back home lickety-split.

I beg to differ. Everyone I know back home, regardless of their degree and how respectable it is, is waiting tables (if they're lucky) or at home checking out the classifieds for hours every morning.

We've all heard those horror stories about local schools having 500 applicants for a janitor's positions or McDonalds only hiring people with college diplomas and above.

I, for one, think we're better off here. At least until this blows over.

That might mean, for some, right into our 30s.

I know I'm going to be unpopular for this but you'd have to be a pretty retarded retard to disagree with me.
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DrugstoreCowgirl



Joined: 08 May 2009
Location: Daegu-where the streets have no name

PostPosted: Sun Oct 11, 2009 8:03 pm    Post subject: Reply with quote

As much as I may dislike things about Korea, at least it's job security for now. I'd much rather be here than back home living with my parents and applying for 100 jobs a week and getting no callbacks. Hopefully things improve by the end of next year.
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kinerry



Joined: 01 Jun 2009

PostPosted: Sun Oct 11, 2009 8:06 pm    Post subject: Reply with quote

If interest rates stay low, things will keep getting worse.
Cheap credit is not the answer this time, as it just weakens the dollar too much.
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redaxe



Joined: 01 Dec 2008

PostPosted: Sun Oct 11, 2009 8:25 pm    Post subject: Reply with quote

"What can be done? For one thing, companies should keep hiring young people even if they're doing layoffs. That's how General Electric (GE) operates, says Susan P. Peters, the company's vice-president for executive development. She says GE learned from the mistake of its aviation business, which froze hiring and training during a downturn years ago and found its talent pipeline dry when business recovered. "We tell our businesses, 'Tough, you have to hire,'" Peters says."

Exactly. American employers are being RETARDED by not tapping into the most highly-educated and underpaid potential workforce ever. There are so many brilliant kids out there willing to work for peanuts right now, but instead we're sending them over to Asia to teach English, a complete waste of talent in far too many cases. Meanwhile the top executives take home seven or eight figures a year when everyone knows they don't do anything except sign stuff.

How about you pay your CEO 2 million instead of 20 million, and then instead you can hire several hundred talented young college grads who will work their butts off for $32k a year?
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TheUrbanMyth



Joined: 28 Jan 2003
Location: Retired

PostPosted: Sun Oct 11, 2009 9:18 pm    Post subject: Reply with quote

redaxe wrote:
"s. Meanwhile the top executives take home seven or eight figures a year when everyone knows they don't do anything except sign stuff.

?



They didn't get to where they are by just signing stuff. Ask Bill Gates how he got to where he was.
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youtuber



Joined: 13 Sep 2009

PostPosted: Sun Oct 11, 2009 9:40 pm    Post subject: Reply with quote

Korea is deceiving. You appear to be getting ahead, but you are stuck. There is no real future for foreigners in Korea. And when you try to return home, you will be disappointed by how your Korean experience is devalued by any potential employers.

The struggle back home is worth it. We are not building anything in Korea.
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mateomiguel



Joined: 16 May 2005

PostPosted: Sun Oct 11, 2009 9:57 pm    Post subject: Reply with quote

Maybe you aren't, but I sure am. I'm building a reputation as a journalist and a Asianist (I didn't know this term existed until I got out here), the go-to man for finding out what the heck is going on in this country's business world. Of course, it helps that I'm not an English teacher Wink
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Clockout



Joined: 23 Feb 2009

PostPosted: Sun Oct 11, 2009 9:57 pm    Post subject: Reply with quote

youtuber wrote:
Korea is deceiving. You appear to be getting ahead, but you are stuck. There is no real future for foreigners in Korea. And when you try to return home, you will be disappointed by how your Korean experience is devalued by any potential employers.

The struggle back home is worth it. We are not building anything in Korea.

it beats unemployment and is one of the best $12/hr jobs available
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redaxe



Joined: 01 Dec 2008

PostPosted: Sun Oct 11, 2009 9:58 pm    Post subject: Reply with quote

TheUrbanMyth wrote:
redaxe wrote:
"s. Meanwhile the top executives take home seven or eight figures a year when everyone knows they don't do anything except sign stuff.

?



They didn't get to where they are by just signing stuff. Ask Bill Gates how he got to where he was.


I think it's funny when people offer Bill Gates as a typical example of anything.
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youtuber



Joined: 13 Sep 2009

PostPosted: Sun Oct 11, 2009 10:11 pm    Post subject: Reply with quote

mateomiguel wrote:
Maybe you aren't, but I sure am. I'm building a reputation as a journalist and a Asianist (I didn't know this term existed until I got out here), the go-to man for finding out what the heck is going on in this country's business world. Of course, it helps that I'm not an English teacher Wink


I have a hard time believing that you can pay your bills that way here. There are a zillion Gyopos that can do that job who speak perfect English and Korean. Of course ESL is your bread and butter and ol' fallback.

I love ESL elitists.
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eIn07912



Joined: 06 Dec 2008
Location: seoul

PostPosted: Sun Oct 11, 2009 11:32 pm    Post subject: Reply with quote

My buddy and I discussed this earlier. I don't think our teaching here is going to help a lot in other jobs back home, except for maybe, teaching. But I think it does look great for grad school applications or internships that could be a stepping stone to something bigger and better.

So to say this is all a waste of time is wrong. I'm paying off my loans, traveling the world (well, at least Asia), having a good time, little stress, and planning my future.
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eIn07912



Joined: 06 Dec 2008
Location: seoul

PostPosted: Sun Oct 11, 2009 11:34 pm    Post subject: Reply with quote

But if you're absolutely terrified about finding work back home, the Army and Air Force are always hiring! Top notch health care, defered student loans till you get out, solid reliable pay check, G.I. Bill for grad school, training in a relavent and practicle civilian side job. How many of us could score all that in just a normal job at home?

Being an officer doesn't look too bad now, does it? There is that whole "war" thing, but hey, there's always a catch!
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fermentation



Joined: 22 Jun 2009

PostPosted: Mon Oct 12, 2009 4:17 am    Post subject: Reply with quote

eIn07912 wrote:
But if you're absolutely terrified about finding work back home, the Army and Air Force are always hiring! Top notch health care, defered student loans till you get out, solid reliable pay check, G.I. Bill for grad school, training in a relavent and practicle civilian side job. How many of us could score all that in just a normal job at home?

Being an officer doesn't look too bad now, does it? There is that whole "war" thing, but hey, there's always a catch!


Honestly, if I was an American I would join as an officer. The Army is also pretty desperate so you can qualify to fly an Apache if you join as an officer and finish flight school. If you join the airforce you'll be relatively safe and the Airforce and Navy have their own grad schools.
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Konglishman



Joined: 14 Sep 2007
Location: Nanjing

PostPosted: Mon Oct 12, 2009 5:23 am    Post subject: Reply with quote

youtuber wrote:
mateomiguel wrote:
Maybe you aren't, but I sure am. I'm building a reputation as a journalist and a Asianist (I didn't know this term existed until I got out here), the go-to man for finding out what the heck is going on in this country's business world. Of course, it helps that I'm not an English teacher Wink


I have a hard time believing that you can pay your bills that way here. There are a zillion Gyopos that can do that job who speak perfect English and Korean. Of course ESL is your bread and butter and ol' fallback.

I love ESL elitists.


Not everyone on this website is an English teacher. True, I did teach English for 4 months when I first came to Korea, but after that, I got a job at an international school teaching my field of expertise. And next year, I will be teaching my major at one of the reputable Korean universities. So, actually, yes, having lived and worked abroad will become a very positive asset on my resume.
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xingyiman



Joined: 12 Jan 2006

PostPosted: Mon Oct 12, 2009 12:59 pm    Post subject: Reply with quote

youtuber wrote:
Korea is deceiving. You appear to be getting ahead, but you are stuck. There is no real future for foreigners in Korea. And when you try to return home, you will be disappointed by how your Korean experience is devalued by any potential employers.

The struggle back home is worth it. We are not building anything in Korea.


I fail to see what advantage being a waiter or burger flipper back home would be over teaching in Korea. Is Mcdonalds going to look that much better on your reume?
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