Journal Entries.. (Tag: millennial)

Your life in the palm of your hands. Smartphones.

Entry #1 ..

After graduation or you're done with college the typical millennial will have the following: A smartphone, laptop, bed, furniture (very limited), great stories, and hopefully a diploma. Most other things will be thrown out; for example notebooks, books, futons, and things of that nature. What are we forgetting... Oh yes, the typical millennial will have an absurd amount of debt as well. So let's try and take a look at this from the perspective from someone who is a millennial (well technically) but now I find myself with a job, an apartment, and a car. None of those things were easy to earn by the way. It took me almost 3-4 years after graduation to get into my first apartment, which I now call home.

Today's job market is saturated with BS’s aka bachelor of the sciences degrees, MBA’s aka Master’s degrees in Business, and JD’s Juris Doctorate's aka graduates of “accredited” law schools. Oh and by the way this doesn't mean you're a lawyer, you will need to pass the BAR exam for that small specification which gives you the actual ability to practice law. There was a time when you didn't even need to attend law school to be a lawyer, you could just take the BAR exam, and if you passed you were a lawyer in that state. Now not only do you have to go to law school but is has to be an “accredited” law school as well. Now strapping on the additional weight of just a bachelor's degree like I did is quite a lot of debt in and of itself, but when you start adding master's and law school on top of it some students can come out of school with upwards of $500,000.00 in student loan debt. Typically this would be a good thing (having the degree(s)), however these educational accomplishments are typically the same thing in theory. And when there is over saturation in basically every professional field it provides for a very competitive job market, one where everyone won’t get a job. The bachelor’s degree graduate today like myself from Penn State are usually an accounting, business administration, communication, history, marketing, or management majors. The Master’s are usually in social work, psychology, business, teaching, accounting, and finance. And by the way masters programs are almost the new bachelor degree add on to get a decent paying job right out of school. Lastly we have the JD’s. There have never been so many people applying to law school and graduating looking at the overall numbers starting at the beginning of the last decade. Lawyers have less of a hard time finding a job, again though the market is saturated and the jobs usually require SUPER long hours with minimum amount of pay. If you are lucky and know the right people you may be able to get into a good firm with a decent salary (but remember you need to bill, bill, bill!). The majority of new lawyers will get a job at a law firm, work unbelievably long hours to make their bosses or partners in the firm rich. There is a bit of a trade off though. While you're working insane hours, you're learning how to be an actual lawyer in the real world and there is no substitue for that. The other thing about the JD degree is you’re basically working from paycheck to paycheck. We usually use that term for people who have poorly paying jobs and need each paycheck to pay for their responsibilities every month. The same thing applies to most new lawyers. They are dependent on each and every paycheck to pay for their astonishingly large student loans, maybe a car payment, and a mortgage or rent payment, along with the necessitates to clothe themselves and feed themselves and / or their families.

Now why is it a smart phone is so very important to this generation of people? Well firstly most people who are graduating from college today with a bachelor's degree, associate's, masters, JD, etc will move back in with their parents almost immediately. About 75% of young adults don’t have the money, or their parents don’t have the extra money to get them a place of their own right out of school. Some of these people will start applying for jobs right away, but with the necessity to have a masters degree or some "experience" to get a decent job with a salary most young people will take an hourly rated job just to get by until the right moment presents itself. Again, after this move they still don’t really own anything, and with our current economy are unable to start creating any positive credit. Next we have the person who gets their JD. Through research I have found out this segment of graduates typically go straight from college to law school. However…. they still move back home to study for the BAR exam until they feel like they are ready to take the exam to become an attorney. I actually have personal experience with this. My oldest brother is an attorney and I remember when he graduated law school he moved home to study for a good 8 or 9 months. He got a job before he passed the BAR, took the BAR, and he passed it on his first attempt. He was out of the house within about 18 months. My oldest brother is about 36 though and he really does not fall into the millennial segment. He was never attached to a cell phone like our group is. I think he got his first cell phone when he was a sophmore in college and it was only because it was provided to him by the company he was working for while getting his undergraduate degree at The University of Pittsburgh.

Now here is the reason the millennial segment is so attached to their smartphones. The smartphone truly becomes a part of "our" humanity and culture. The smartphone becomes more than just a phone. The smartphone is an object that no one can take from us, we own it, even if the service is off for a small amount of time (maybe we have WIFI, but even without it) all of our contacts, data, photos, social media environments, apps, music, email, bookmarked links, navigation and GPS for your car, streaming radio, dating apps, credit card apps to access your info easily and efficiently, your calendar, weather, books, payment methods, your watch, transportation (uber), is on this singular device. I can go on and on about all of the different types of applications and data which may be on your smartphone, but I think you may get the idea. The entire point is this device is ours this is the one thing millennials figuratively and literally own. This little box is something we stuff our entire lives into and feel superbly close to and in need of. If you take time to notice you will see most younger people will either be holding their smartphone in their hand or it is close by AT ALL TIMES, maybe in a pocket or purse.

Now let me get back to the job market for a minute. Not only do we strive for sucess and want to use our skills and knowledge to the best of our abilities but the way in which we connect to do those things are now all mainly done through online job websites such as Monster, etc. Where do you think a millennial goes to get their news and search for jobs? Yep, they use their smartphones. One of the best applications to be introduced for people who are currently working and would like to make new contacts or maybe even find a new job is LinkedIn.

Today's smartphone for the millennial is so intrinsic it is like having your life in your hands.