Have any of these articles actually addressed HOW software developers are supposed to retrain for good jobs? Personally I have neither the money nor the years to go back to college to get a livable job.
Just like everyone else. I have a feeling your definition of “livable” is not in line with the reality that most people face. You share more in common with a stay-at-home mom going back to school to become a phlebotomist than you think. It’s just pride gets in the way
Not enough buffer to take 3-5 years to rebuild a career is not the same as no buffer at all. Personally I have about a year of buffer which is no where near enough to meaningfully retrain.
Even if you've saved enough for 1 to 3 years of university, there's a risk that you won't get a job especially if you're getting towards 40+.
Drawing down savings is a very high risk move, since you could easily never recover those savings because you may struggle to get a job that has a better ability to save as much.
Why are you assuming every white collar worker has got an inflated salary, or that they’ve had it for a while?
And actually no, I can’t afford to be unemployed for a year. On COVIDs cost of living it would have been easy. But the current cost of living I’m not able to save even with my “inflated” salary. And the savings I do have isn’t going to stretch as far.
I honestly don’t know how people save on lower incomes. I suspect they don’t. Which is why the debt crisis keeps worsening.
I’m lucky enough to have assets but once they’re sold they’re gone. And most people don’t even have that luxury.
harimau777 · · focus · HN ↗
justonceokay · · focus · HN ↗
hnlmorg · · focus · HN ↗
Whereas many of us can’t take a loss of income for months while we retrain.
ForHackernews · · focus · HN ↗
harimau777 · · focus · HN ↗
robocat · · focus · HN ↗
Even if you've saved enough for 1 to 3 years of university, there's a risk that you won't get a job especially if you're getting towards 40+.
Drawing down savings is a very high risk move, since you could easily never recover those savings because you may struggle to get a job that has a better ability to save as much.
TeMPOraL · · focus · HN ↗
queenkjuul · · focus · HN ↗
hnlmorg · · focus · HN ↗
And actually no, I can’t afford to be unemployed for a year. On COVIDs cost of living it would have been easy. But the current cost of living I’m not able to save even with my “inflated” salary. And the savings I do have isn’t going to stretch as far.
I honestly don’t know how people save on lower incomes. I suspect they don’t. Which is why the debt crisis keeps worsening.
I’m lucky enough to have assets but once they’re sold they’re gone. And most people don’t even have that luxury.