Jacksonville fights to keep fleeing young professionals

Started by thelakelander, April 17, 2012, 11:54:59 PM

Dashing Dan

I've been told that 25 years ago, when Chattanooga was looking for ways to turn itself around, they took a hard look at Jacksonville.  Since the late Eighties there has been a complete reversal between these two cities.
They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety.  - Benjamin Franklin

finehoe

Quote from: Dashing Dan on April 21, 2012, 10:34:11 AM
I've been told that 25 years ago, when Chattanooga was looking for ways to turn itself around, they took a hard look at Jacksonville. 

It can be quite enlightening to study what not to do.


finehoe

1 in 2 new graduates are jobless or underemployed
HOPE YEN, Associated Press
Updated 11:50 a.m., Monday, April 23, 2012

WASHINGTON (AP) â€" The college class of 2012 is in for a rude welcome to the world of work.

A weak labor market already has left half of young college graduates either jobless or underemployed in positions that don't fully use their skills and knowledge.

Young adults with bachelor's degrees are increasingly scraping by in lower-wage jobs â€" waiter or waitress, bartender, retail clerk or receptionist, for example â€" and that's confounding their hopes a degree would pay off despite higher tuition and mounting student loans.

An analysis of government data conducted for The Associated Press lays bare the highly uneven prospects for holders of bachelor's degrees.

Opportunities for college graduates vary widely.

While there's strong demand in science, education and health fields, arts and humanities flounder. Median wages for those with bachelor's degrees are down from 2000, hit by technological changes that are eliminating midlevel jobs such as bank tellers. Most future job openings are projected to be in lower-skilled positions such as home health aides, who can provide personalized attention as the U.S. population ages.

Taking underemployment into consideration, the job prospects for bachelor's degree holders fell last year to the lowest level in more than a decade.

"I don't even know what I'm looking for," says Michael Bledsoe, who described months of fruitless job searches as he served customers at a Seattle coffeehouse. The 23-year-old graduated in 2010 with a creative writing degree.

Initially hopeful that his college education would create opportunities, Bledsoe languished for three months before finally taking a job as a barista, a position he has held for the last two years. In the beginning he sent three or four resumes day. But, Bledsoe said, employers questioned his lack of experience or the practical worth of his major. Now he sends a resume once every two weeks or so.

Bledsoe, currently making just above minimum wage, says he got financial help from his parents to help pay off student loans. He is now mulling whether to go to graduate school, seeing few other options to advance his career. "There is not much out there, it seems," he said.

His situation highlights a widening but little-discussed labor problem. Perhaps more than ever, the choices that young adults make earlier in life â€" level of schooling, academic field and training, where to attend college, how to pay for it â€" are having long-lasting financial impact.

"You can make more money on average if you go to college, but it's not true for everybody," says Harvard economist Richard Freeman, noting the growing risk of a debt bubble with total U.S. student loan debt surpassing $1 trillion. "If you're not sure what you're going to be doing, it probably bodes well to take some job, if you can get one, and get a sense first of what you want from college."

Andrew Sum, director of the Center for Labor Market Studies at Northeastern University who analyzed the numbers, said many people with a bachelor's degree face a double whammy of rising tuition and poor job outcomes. "Simply put, we're failing kids coming out of college," he said, emphasizing that when it comes to jobs, a college major can make all the difference. "We're going to need a lot better job growth and connections to the labor market, otherwise college debt will grow."

By region, the Mountain West was most likely to have young college graduates jobless or underemployed â€" roughly 3 in 5. It was followed by the more rural southeastern U.S., including Alabama, Kentucky, Mississippi and Tennessee. The Pacific region, including Alaska, California, Hawaii, Oregon and Washington, also was high on the list.

On the other end of the scale, the southern U.S., anchored by Texas, was most likely to have young college graduates in higher-skill jobs.

The figures are based on an analysis of 2011 Current Population Survey data by Northeastern University researchers and supplemented with material from Paul Harrington, an economist at Drexel University, and the Economic Policy Institute, a Washington think tank. They rely on Labor Department assessments of the level of education required to do the job in 900-plus U.S. occupations, which were used to calculate the shares of young adults with bachelor's degrees who were "underemployed."

About 1.5 million, or 53.6 percent, of bachelor's degree-holders under the age of 25 last year were jobless or underemployed, the highest share in at least 11 years. In 2000, the share was at a low of 41 percent, before the dot-com bust erased job gains for college graduates in the telecommunications and IT fields.

Out of the 1.5 million who languished in the job market, about half were underemployed, an increase from the previous year.

Broken down by occupation, young college graduates were heavily represented in jobs that require a high school diploma or less.

In the last year, they were more likely to be employed as waiters, waitresses, bartenders and food-service helpers than as engineers, physicists, chemists and mathematicians combined (100,000 versus 90,000). There were more working in office-related jobs such as receptionist or payroll clerk than in all computer professional jobs (163,000 versus 100,000). More also were employed as cashiers, retail clerks and customer representatives than engineers (125,000 versus 80,000).

According to government projections released last month, only three of the 30 occupations with the largest projected number of job openings by 2020 will require a bachelor's degree or higher to fill the position â€" teachers, college professors and accountants. Most job openings are in professions such as retail sales, fast food and truck driving, jobs which aren't easily replaced by computers.

College graduates who majored in zoology, anthropology, philosophy, art history and humanities were among the least likely to find jobs appropriate to their education level; those with nursing, teaching, accounting or computer science degrees were among the most likely.

In Nevada, where unemployment is the highest in the nation, Class of 2012 college seniors recently expressed feelings ranging from anxiety and fear to cautious optimism about what lies ahead.

With the state's economy languishing in an extended housing bust, a lot of young graduates have shown up at job placement centers in tears. Many have been squeezed out of jobs by more experienced workers, job counselors said, and are now having to explain to prospective employers the time gaps in their resumes.

"It's kind of scary," said Cameron Bawden, 22, who is graduating from the University of Nevada-Las Vegas in December with a business degree. His family has warned him for years about the job market, so he has been building his resume by working part time on the Las Vegas Strip as a food runner and doing a marketing internship with a local airline.

Bawden said his friends who have graduated are either unemployed or working along the Vegas Strip in service jobs that don't require degrees. "There are so few jobs and it's a small city," he said. "It's all about who you know."

Any job gains are going mostly to workers at the top and bottom of the wage scale, at the expense of middle-income jobs commonly held by bachelor's degree holders. By some studies, up to 95 percent of positions lost during the economic recovery occurred in middle-income occupations such as bank tellers, the type of job not expected to return in a more high-tech age.

David Neumark, an economist at the University of California-Irvine, said a bachelor's degree can have benefits that aren't fully reflected in the government's labor data. He said even for lower-skilled jobs such as waitress or cashier, employers tend to value bachelor's degree-holders more highly than high-school graduates, paying them more for the same work and offering promotions.

In addition, U.S. workers increasingly may need to consider their position in a global economy, where they must compete with educated foreign-born residents for jobs. Longer-term government projections also may fail to consider "degree inflation," a growing ubiquity of bachelor's degrees that could make them more commonplace in lower-wage jobs but inadequate for higher-wage ones.

That future may be now for Kelman Edwards Jr., 24, of Murfreesboro, Tenn., who is waiting to see the returns on his college education.

After earning a biology degree last May, the only job he could find was as a construction worker for five months before he quit to focus on finding a job in his academic field. He applied for positions in laboratories but was told they were looking for people with specialized certifications.

"I thought that me having a biology degree was a gold ticket for me getting into places, but every other job wants you to have previous history in the field," he said. Edwards, who has about $5,500 in student debt, recently met with a career counselor at Middle Tennessee State University. The counselor's main advice: Pursue further education.

"Everyone is always telling you, 'Go to college,'" Edwards said. "But when you graduate, it's kind of an empty cliff."

http://www.seattlepi.com/news/article/1-in-2-new-graduates-are-jobless-or-underemployed-3501033.php

danem

My two cents is that, bottom line, it's going to be about where the jobs are. It seems to me that if we waved a magic wand and Jacksonville had this urban dreamland tomorrow morning, that'd be sweet...but we need more employers and businesses and good and varied ones at that.

Anti redneck

Quote from: danem on April 23, 2012, 06:27:24 PM
My two cents is that, bottom line, it's going to be about where the jobs are. It seems to me that if we waved a magic wand and Jacksonville had this urban dreamland tomorrow morning, that'd be sweet...but we need more employers and businesses and good and varied ones at that.

Yes! Exactly! It can start by making DT a little more business friendly.

BridgeTroll

QuoteWhile there's strong demand in science, education and health fields, arts and humanities flounder.

plus...

Quote"I don't even know what I'm looking for," says Michael Bledsoe, who described months of fruitless job searches as he served customers at a Seattle coffeehouse. The 23-year-old graduated in 2010 with a creative writing degree.

Shocking?
In a boat at sea one of the men began to bore a hole in the bottom of the boat. On being remonstrating with, he answered, "I am only boring under my own seat." "Yes," said his companions, "but when the sea rushes in we shall all be drowned with you."

thelakelander

Quote from: danem on April 23, 2012, 06:27:24 PM
My two cents is that, bottom line, it's going to be about where the jobs are. It seems to me that if we waved a magic wand and Jacksonville had this urban dreamland tomorrow morning, that'd be sweet...but we need more employers and businesses and good and varied ones at that.

Except in the last two decades the companies creating the desired jobs tend to locate in communities where the urban quality of life aspect has been heavily invested in and continually improved.  In the 21st century, attracting companies and jobs is more about offering companies and the educated workforce they seek, the urban quality of life they desire more than being cheap and giving tax incentives.  There's a reason cities like Charlotte have invested in things like fixed mass transit and it involves a lot more than mobility.
"A man who views the world the same at 50 as he did at 20 has wasted 30 years of his life." - Muhammad Ali

fieldafm

Quote from: thelakelander on April 24, 2012, 09:04:40 AM
Quote from: danem on April 23, 2012, 06:27:24 PM
My two cents is that, bottom line, it's going to be about where the jobs are. It seems to me that if we waved a magic wand and Jacksonville had this urban dreamland tomorrow morning, that'd be sweet...but we need more employers and businesses and good and varied ones at that.

Except in the last two decades the companies creating the desired jobs tend to locate in communities where the urban quality of life aspect has been heavily invested in and continually improved.  In the 21st century, attracting companies and jobs is more about offering companies and the educated workforce they seek, the urban quality of life they desire more than being cheap and giving tax incentives.  There's a reason cities like Charlotte have invested in things like fixed mass transit and it involves a lot more than mobility.

Jake Godbold, while speaking at the recent Keep Jacksonville Beautiful awards dinner, mentioned that Jacksonville needed to invest in itself in order to attract new business.  He continually made the point that(and Im paraphrasing) 'the first thing a CEO asks you isn't about taxes, taxes are way down on the list, the first thing they ask is about schools, an educated workforce and quality of life'. 

BillKillingsworth

QuoteExcept in the last two decades the companies creating the desired jobs tend to locate in communities where the urban quality of life aspect has been heavily invested in and continually improved.  In the 21st century, attracting companies and jobs is more about offering companies and the educated workforce they seek, the urban quality of life they desire more than being cheap and giving tax incentives.  There's a reason cities like Charlotte have invested in things like fixed mass transit and it involves a lot more than mobility.

In many cases, I believe creative young professionals are making the where do I live decision based off life style choices.  When this happens, jobs follow the clusting of brains.  ;)

fieldafm

Bumping this back up.

It's really amazing the kind of brilliant minds that go largely unnoticed in this city. 

Kendrick Kidd has been doing some really amazing design/ad work.  Today, Bold City's new packaging was featured on dieline (he has been a real star in the ad world over the last few years, his work is routinely featured in HOW publications).

http://www.thedieline.com/blog/2012/8/1/killer-whale-6-pack-carrier.html

Just thought this was interesting.  I could go on and on about who I encounter around town who are really talented individuals but I'll keept it on topic....

It goes without saying that I believe quality of life is the best thing our City can do to focus on attracting more people like Kendrick.  As Bill has so aptly put it, YPs are making the choices to leave or locate elsewhere not b/c of cost of living or wages.  It's clear that relying on UNF to be the harbinger to the influx of the kinds of workers that have the knowledge-based background that will fuel economic growth for the next 30 years is unrealistic. You'd have to drastically improve graduation rates to levels that are three times what they are now in order to create the kinds of population characteristics that will be needed for decades to come.  UNF is already outperforming peer communities in Florida as far as educating the workers that are choosing to stay in Jax.

Jason Renfrow of Cambridge University put out a great read called The Open City that addresses the behavorial patterns of the kinds of workers that fuel economic growth through the power of innovation   http://books.google.com/books?id=L1Oj-eFrer8C&pg=PR5&lpg=PR5&dq=%22The+Open+City%22+Jason+Rentfrow&source=bl&ots=Djf38COGRP&sig=JeVNwETYVgdLEZKVtj-7vKLYc5s&hl=en&sa=X&ei=NdbST9rgOYnS6gG82tiZCg&ved=0CFYQ6AEwBQ#v=onepage&q=%22The%20Open%20City%22%20Jason%20R

Basically it concludes that it's not just that people sort themselves into places where they can find work, but they seek out environments where they can pursue their personal interests as well.  He finds that people that are 'open to experience' naturally gravitate to places that have an abundance of cultural stimulation where they can interact with like minded people... which leads to cross-disciplinary interaction.   Typically the highest forms of innovation are sprung from these types of partnerships.

lewyn

I'm one of those fleeing professionals (though at 48 not sure I count as young).  I left for two reasons:
1.  Quality of life- unwalkable Jacksonville vs. walkable NYC. (though obviously there are countervailing factors such as cost of living)
2.  Biological time clock- Because Jacksonville is basically a working-class, family-oriented, marry-early city, a single Jewish professor is going to be a pretty lonely guy here.  Obviously NYC is at the opposite end of the spectrum.

tufsu1

Quote from: lewyn on August 01, 2012, 05:15:34 PM
2.  Biological time clock- Because Jacksonville is basically a working-class, family-oriented, marry-early city, a single Jewish professor is going to be a pretty lonely guy here.  Obviously NYC is at the opposite end of the spectrum.

maybe what you mean to say is "as a single Orthodox Jewish professor..."  many of us 'less-observant' Jews have few problems meeting people here

ChriswUfGator

Maybe he didn't hang with the fast crowd at Winn-Dixie?


tufsu1

Quote from: ChriswUfGator on August 01, 2012, 10:02:33 PM
Maybe he didn't hang with the fast crowd at Winn-Dixie?

dude...give it up...we know you're too good for most places ordinary people hang (like downtown)