3 Reasons You Can’t Find a Job

Why is it so difficult for young people to find jobs today? Professor Carrie Kerekes offers three reasons.

1.       Mismatch of skills: Many young people may lack the skills employers desire or require. They may have college degrees but not in fields where jobs are available. Government may help subsidize college costs, but getting a degree does not guarantee that a job will follow.

2.       Government regulations: Many government regulations add extra expense to the cost of labor or make it more difficult for firms to hire and fire workers. These regulations may cause the number of available positions to be lower than it would be absent such rules.

3.       General uncertainty: As the economy continues its slow recovery after the financial crisis, many firms feel uncertain about the future, which makes them hesitant to hire new workers. New legislation, such as the Affordable Care Act, can also add to uncertainty when it is unclear how much the new rules will increase the cost of labor.

The common factor in all of these reasons is government. Prof. Kerekes says, “The unemployed would be better served if government stepped out of the picture and allowed economic growth and a free market to create more jobs and prosperity.”

15 Comments

  1. fred

    Money? All you need is love.

  2. Ryan Boyd

    I definitely agree, but I do wonder if there would be any major problems that would come from the loss of unemployment insurance. However, I do say that educationally I believe the Government should act to provide the most opportunities to students, but at the same time I believe students like myself need to remember the lessons of Arthur Miller’s Death of a Salesman. Simply put, the American Dream is not something that you just desire and get, you have to work for it with all your effort.

  3. savannawillis

    A combination of all three reasons provides a difficult situation for younger people to find jobs. Inadequate skills are forced into students through the school system. These skills do not add up to the skills that other people may be getting by skipping out on the higher education experience and achieving their "real world" skills elsewhere, because of the extra time they have. Additionally, government regulations make employers feel strapped to not only refraining from hiring new employees, but also to holding on the ones they currently have that may not be as efficient. Lastly, any company will feel the uncertainty and risk of hiring a younger person with little to no experience. In a time where small businesses are beginning to become more prevalent, this uncertainty becomes greater with a higher risk on the line. One bad hire can bring a company just starting to get on their feet to the ground. 

  4. ryan.schablowsky

    This is common sense.

  5. Kevin Burctoolla

    and it the same in the UK.

  6. Autumn Reed

    Well, uncertainty is inevitable.

  7. Erin Shumaker

    The first factor really resonates with me. So many young people graduate with degrees from universities (which likely cost them dearly in student loans) that are far more conceptual and specific (e.g., Russian Literature, Women’s Studies, or the like) than skill-based and general (e.g., Business Management, Education, or any technical/vocational degree). Why? Because we keep telling our kids that they can be and do whatever they want; go study what you’re passionate about. So they study Russian Literature or Women’s Studies and then wonder why they can’t get a job that pays off their student loans. I’m not saying that these degrees are absolutely worthless, or that they don’t teach any skills, but we must teach these kids to count the cost – literally and metaphysically.

  8. juliansfree

    If my university ran on market-based management, I would be in a much better place competitively today. I just graduated.

  9. Hunter Markson

    If only learn liberty was taught in classrooms instead of the economics they teach today

  10. Lukas Koube

    yeah, the Great Recession didnt have to last this long….too much uncertainty means employers dont want to hire workers….and the regulatory burden is HUGE. no wonder people cant find a job. 

  11. Matt Wavle

    Focusing on the right skill set is important.  Why is there such a lack of study in this area between the end of high school and the beginning of college?  Also, a constant re-evaluation is needed, since the market is so quick to change. 

  12. Joshua Wheat

    Over regulation is the biggest factor in the lack of job growth. I see the need for some regulations, granted, however the Democrats’ overall economic philosophy makes absolutely no sense. More regulations and taxes will create jobs? How exactly?

  13. Jake Olson

    A basic understanding of science is important not only for daily life but also for businessmen. There are tons of jobs that require mostly business education but also a firm grounding in science ex. industrial equipment sales etc. I get your point but the bigger problem is classes at universities that are PE classes. I went to Saint Louis University and they offered swimming as an elective a friend of mine took bowling classes at his university. Those type of classes should not  count as credit hours toward a degree.

  14. bosthegreat

    It seems quite crazy to me that the government thinks it can fix everything. Everything it does  only makes things worse. Subsidizing student loans only makes colleges immune from market forces that would otherwise create competition and lower prices.

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