Jobs for Fresh Graduates and The Educated Minimum Wage Job
1. How “Low” Can Jobs for Fresh
Graduates Go?
The Educated Minimum Wage
Worker
By Lawrence Tam
2. 260,000 Grads With Minimum Wage
Occupations Courtesy of CNN.com
Although declining, the number is too high and
“wages across occupations … are declining”
Tsedeye Gebreselassie of the National Employment Law Project.
3. Could Seattle Become The Best Place
For Jobs For Fresh Graduates?
Seattle’s minimum wage is $9.32 and there is
planning in the works to raise it to $15 an hour.
BUT..
Will this help or will it cause workers to be
replaced by software and labour saving devices?
4. • Nearly 60% of employers rated the current job
market as good to excellent
• Many plan to increase their hires this year
• 65% of recruiting is in the fall
• 35% in spring
This means = Start Early
Although Hiring Is Up
Courtesy of Online Colleges.net
5. The System Is Broken
When we have an abundance of college
graduates, paying more for college than their
parents or grandparents but getting less of a
return - The System Is Broken.
Although getting a college degree is still
important, we must recognize that earning a
degree and getting a job is not the same as it
used to be.
8. Applicable Skills
There are good chances of jobs for fresh
graduates in:
• Business Administration
• Engineering
• Computer Science
However liberal arts degrees are in less demand
than ever.
11. Passion
It is all about what and who you know that
opens doors for you, NOT your brawn or even
how smart you are.
If you are talented and intelligent, but stuck in
the prison of industrial age thinking, you are not
going to get far.
13. My College Level Jobs (internships)
• I was hired as an intern to work with M.W.
Kellogg during my college days in 1994
• There were a TON of layoffs
• I got this job NOT through the college intern
program, but by contacting the head-hunter
(campus recruiter) directly, OUTSIDE of the
normal system.
14. Bummers
• Nepotism - I was in the “minority”.. not
because I’m Chinese, or didn’t have a 3.5+
GPA… but through not having a parent that
worked in the company.
• Only being able to SURF the company internal
websites and NOT having external access to
the Internet.
15. First Job Out of College (New Grad)
• With Motorola Semiconductor in Austin Texas
• Good pay
• Good times
• Laid off after 1 year. The whole department
got dissolved and eventually Motorola
Semiconductor was sold.
This was my pager, seriously!
16. Move On
• I retired from Mechanical Engineering in 2012
(forced retirement) when I was 33.
• I decided to never go back into the industry
and went full time into my internet marketing
and consulting business.
• My peak income for Engineering was just
under $100,000 in a year.
• My peak income for internet marketing was
just under $800,000 in a year.
18. In My Experience
• I submitted my resume to over 50 different
companies outside of the campus computers.
• I went DIRECTLY to the companies Human
Resources departments.
• I landed jobs by taking massive action and just
going after what I wanted.
19. Job Sources
Send your resume to over 100 places and be
visible to any hiring company.
I got:
• one job through a friend
• one job through a head-hunter I connected
with
• another intern through a professor
20. Love Or Love of Money?
If you are getting a job for the money…. there is
a lot more out there for those that are hungry.
If you want to apply your degree.. do so.. But
don’t do it because you think it pays the best.
Feel it out.
Be doing something you LOVE
or do it for the money.
21. Game Plan
If it’s NEITHER….
Figure out a 2-5 year game plan to get to what
you want… Money/passion or both.
22. Consider Working Online
• There are plenty of jobs out there.
• Do a lot of research.
• You should be well-organized, so that you
weed out the wheat from the chaff.
23. Your Own Online Business
• Do a lot of research.
• Do not fall into the trap of being in constant
research mode.
• Take action.
• Get your hands dirty.
• Take some risk.
• Take heart - I worked at Babbage’s for $5/hr in
1994 in college – now called Gamestop.
24. Start Learning Today
Check out these 10 Videos On Marketing and
Building a Successful Income using the Internet
Free Access Here