The Great Recession and its continuing aftermath have left many twenty-somethings feeling naïve, even devastated.Twenty-somethings are more educated than ever before, but a smaller percentage find work after college. Many entry-level jobs have gone overseas, making it more difficult for twenty-somethings to gain a foothold at home. With a contracting economy and a growing population, unemployment is at its highest in decades. An unpaid internship is the new starter job. About a quarter of twenty-somethings are out of work and another quarter work only part-time. Twenty-somethings who do have paying jobs earn less than their 1970s counterparts when adjusted for inflation.
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I’d tell men and women in their midtwenties not to settle for a job or a profession or even a career. Seek a calling. Even if you don’t know what that means, seek it. If you’re following your calling, the fatigue will be easier to bear, the disappointments will be fuel, the highs will be like nothing you’ve ever felt.
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"Our twenties can be like living beyond time. When we graduate from school, we leave behind the only lives we have ever known, ones that have been neatly packaged in semester-sized chunks with goals nestled within. Suddenly, life opens up and the syllabi are gone. There are days and weeks and months and years, but no clear way to know when or why any one thing should happen. It can be a disorienting, cave-like existence. As one twentysomething astutely put it, "The twentysomething years are a whole new way of thinking about time. There's this big chunk of time and a whole bunch of stuff that needs to happen somehow.
The American people know what I’m talking about. You know. I think about 20-year-olds — you know, we have a 20-year-old, a 20-something-year-old — who are coming out of high school and college right now, and you’re wondering, “Is there going to be a job there for me?” We’re looking at people who are trying to figure out how they’re going to pay rent by the end of the month. Almost half of American renters are worried about whether they’re going to be able to pay rent by the end of the month. This is where the economy is in America right now. And it is because of the catastrophe and the failure of leadership of this administration.
Our 20s are the defining decade of adulthood. 80% of life's most defining moments take place by about age 35. 2/3 of lifetime wage growth happens during the first ten years of a career. More than half of Americans are married or are dating or living with their future partner by age 30. Personality can change more during our 20s than at any other decade in life. Female fertility peaks at 28. The brain caps off its last major growth spurt. When it comes to adult development, 30 is not the new 20. Even if you do nothing, not making choices is a choice all the same. Don't be defined by what you didn't know or didn't do.
It would be nice to help them avoid the typical discouragements. I’d tell them to hit pause, think long and hard about how they want to spend their time, and with whom they want to spend it for the next forty years. I’d tell men and women in their midtwenties not to settle for a job or a profession or even a career. Seek a calling. Even if you don’t know what that means, seek it. If you’re following your calling, the fatigue will be easier to bear, the disappointments will be fuel, the highs will be like nothing you’ve ever felt.
Many twentysomethings assume life will come together quickly after thirty, and maybe it will. But it is still going to be a different life. We imagine that if nothing happens in our twenties then everything is still possible in our thirties. We think that by avoiding decisions now, we keep all of our options open for later — but not making choices is a choice all the same.
In one way or another, almost every twentysomething client I have wonders, 'Will things work out for me?' The uncertainty behind that question is what makes twentysomething life so difficult, but it is also what makes twentysomething action so possible and so necessary. It's unsettling to not know the future and, in a way, even more daunting to consider that what we are doing with our twentysomething lives might be determining it.
The biggest challenge currently facing the country is unemployment, with a youth unemployment rate above 30%, including both secondary school and postgraduate graduates. There are problems of people without jobs and ironically jobs without people, pointing to misalignment between supply and demand of labour. It’s crucial that we explore alternative pathways to ensure the Government can address employability.
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