This is Italy I'm talking about, I don't know enough about other European countries. While the average youth unemployment rate for Europe is ~19%, ours got as high as 37%. That is a lot, only better than Greece and Spain.
There are many more factors to keep into account, such as the undeniable fact that a lot of current youngsters feel entitled just because they have a degree, or flat-out refuse jobs because that's not what they studied for, as if it was beneath them. They don't seem to realize that it's no longer like it was in the past decades, when very few people could access higher education, and were of course preferred in job interviews to people who just went to high school.
On the other hand, taxation is extremely high and heavy on entrepreneurs (employees cost ~2x their salary), who then hire under shitty one-off contracts because it costs less, so the whole job market is very hard to get into and very easy to drop off of.
Another issue is that there are a bunch of useless degrees, such as this thing called "Political sciences", which makes you pretty much unemployable, and sadly a lot of people choose it, and wonder why they can't find a job.
There are also many other factors at play here. It's a shitshow, really.
Higher education does have a lot of value in terms of teaching how to solve problems and hopefully teaching you how to network, but there are reasons to either drop out or don't even get into college in the first place.
So at some point it isn't the workers that are being unreasonable. And I'm really curious what you think that point is? What defines who is being unreasonable among the business owner or worker? Or is that just dictated by which socioeconomic class you fall into?
The way you phrased it, it sounds entitled. But I guess the people downvoting your comment have no idea what it is to enter the workforce nowadays.
It's a bit of self-entitlement on the part of the prospective employees, and a bit of self-entitlement on the part of the entrepreneurs. The latter are rightfully mad at the government, and since they're in it for the money, they try to save as much money as they can. I'm not condoning these practices, I'm just saying that, when everything you earn from January to June goes in taxes, I can understand them trying everything they can.
Comparing to the rest of Europe businesses in Poland pay relatively low taxes, youth unemployment is below the EU average and barely anybody can afford to turn down a job opportunity.
I don't see how anyone could think economic growth, entrepreneurship and wage growth is possible when employment taxes are 100% (of salary) and people are encouraged by their accountants to spend just the right amount of effort cheating on their taxes. Add to this a corrupt, purpose-bred government class that consists of people who never held a normal job in their lives.
The EU should get on this problem with considerably more effort.
I don't know if the solution looks so simple to me (lower the fucking cost of labor already) because I don't know anything about economy, or because someone is interested in maintaining this status quo.
Which means your strategy should be going to school so no one gets on your case while you develop your product. And use that school to gather connections and talent. Foregoing school before you have even a mostly developed idea is idiotic. Not saying people didn't make it, ~2000 is a pretty large pool to draw from.
We don't even have the excuse of a broken educational system.
Specifically, the issue I have in mind is the commonly shitty way that trades are viewed (and trades people not seen as educated). Like plumbers, carpenters, hvac professionals, metal workers, etc.
My understanding is that there isn't as much of a divide or poor view of those paths in at least certain parts of Europe. Germany comes to mind, but I certainly could be wrong.
In many professions they also don't properly value experience (fresh graduate, with a degree), but that's another issue.
>Sure, there is the off chance you might do better without that degree because you can start earlier, but statistically that chance is slim and the benefits of good education will serve you all your life.
Well, yes, when you assume all that it would be hard to see why anyone will forego it, however, not everyone is as convinced that e.g. 'the benefits of good education will serve you all your life' and whatever else you do instead during those 4+ years wont.
Going to uni is beyond valuable. Finishing uni ... 80/20 rule. Unless you wanna work in government or super big corpos, finishing isn’t that useful. Go there for the knowledge, not the paper.
Full disclosure: I say this as an extremely bad test taker who dropped out just before graduating after 5 years of undergrad. Just couldn’t make the case anymore that classes are better than making money freelancing.
But the excuse and freedom to explore interesting tech? I fear I’m never getting that back. It was amazing
It's been a bit more open for programmers as there has been a real lack, but these days you won't go far in that profession either if you're self-taught.
I'm not judging by the way, it's just how it is here.
In Europe, where (in most countries) education is free, I would say a degree is even worth less. There is massive "degree inflation". Like, everyone has one. And you can take 5-7+ years to complete undergrad, no problem.
I don't know when it became customary to only hire people with a bachelors degree for jobs like a receptionist or a PA, but I don't even understand what a degree signals these days. In most professions it definitely doesn't signal you are capable, not that you are smart.
I network quite a bit with other digitizing managers in the public sector, and oversee around 350 contracts for different systems. So I guess you can say I get around our tech scene.
I can't think of a single reputable company which hires non-educated tech staff these days unless they have a really solid record somewhere and a good excuse for not taking a diploma degree while working.
10-15 years ago it was a completely different story, but these days it's hard to get hired without an education.
We do have targeted programming/operations/support academy degrees that are 1-2.5 years though, and those are typically enough unless the company is extremely elitist.
Say you found someone who ticked all the boxes, was absolutely great across the board, yet just said: "I didn't bother finishing the degree, because I didn't feel it would teach me any new skills". Would you pass on that person, and if so, why?
I personally don't see any reasons why I would, but I'm curious to know why others would.
I have interviewed a few youngsters who were self taught though, but they lacked a lot of the basic theoretical knowledge about things like best practices. So while they may have been superstars at producing interesting prototypes I frankly couldn't use them in an enterprise environment.
On the other hand I've interviewed a lot of people with degrees who couldn't get their code up and running in a production environment because they had never actually done that. This is a lot easier to rectify than someone who doesn't understand how our peojects are run.
I'm sure this is different from place to place, but in Denmark where education is free, and the government pays you to go to school, it's really rare that talented people haven't gotten some sort of degree.