UK job market discussion

[Anonymous No.50817124]

Let's talk about the UK job market. Why is it so fucked?

I saw a stat of average salary 5 years post graduating from Oxbridge was like £45k. The UK job market is so fucked if you check Linkedin alumni for Oxbridge and compare it to Ivy leagues in the US its crazy. Top 5 destinations for Oxbridge grads: two of them are Big 4 and one is Accenture, all pay like shit.

Median salary of LSE Economics grads is £38k. Compare that with Wharton Finance grads in the US who make $100k average, and pay less tax.

Even if you get work hard and get into one of the top UK unis, you still end up poor compared to average US students.

Not just finance, but tech also has an extremely low comp in the UK.

If you look at the UK rich list. The richest people are mostly all foreign and the rest of the list is business owners in random industries with a few hedge fund managers sprinkled in. It's not like the US where its dominated by Ivy league grads.

[Anonymous No.50817738]

Hello?

[Anonymous No.50817815]

>>50817124
>i need more money to consume chinese plastic
45k (starting) is plenty of money outside london

[Anonymous No.50817833]

Why is there a UK moan thread every day now?
Have sex, incel

[Anonymous No.50817840]

>>50817124
It's only fucked if you compare it to the USA. Now compare it to any other developed nation on the planet. Start with Europe.
UK salaries are great if you take USA out of the picture.

[Anonymous No.50817861]

Idk you can always move to 26 other countries fairly easily
Oh wait....

[Anonymous No.50817907]

>>50817124
That's because everyone and their dog gets a masters degree compared to the US, where due to costs you only really go that far if you know you're going to make money afterwards to make it up.
Sorry to say but young brits are just fucking lazy, no one wants to actually work,they want to press buttons on keys in an office with a ping pong table.
I make 55k-60k as middle management in a hotel with a highschool diploma, a waiter in london makes more money than a junior architect because you know, there's just too many damn architects.

[Anonymous No.50817930]

>>50817124
I studied International Relations/politics at Uni and swiftly realised that things are going to get so much worse. There is no point trying to 'make it' in a city. One is much better off learning skills for self sustainability and have a recession/AI automation proof job

[Anonymous No.50818069]

>>50817833
they can't stand being lowered to third world status kek
picrel

[Anonymous No.50819794]

>>50817815
>outside london
Uh, yeah, but we're OBVIOUSLY talking about inside London, you idiot

[Anonymous No.50819853]

>>50817124
Britain deserves this. Such a shitty fucking economy, "let's just bet everything on financial services and laundering the money of Russian oligarchs, lol".

Utterly, utterly fucked. Britain has next to no natural resources; seventy million people (with over one million inbred pajeets and niggers added every year!) crammed onto a tiny island; completely trashed the greatest education system in the world (Grammar schools/Russell Group); a sprawling public sector that vastly overpays useless managers instead of those delivering the services (NHS managers, local government and senior 'leadership' in academies all on over £200K per year); absolutely no industrial strategy; no energy security strategy; a people obsessed with nothing other than owning a German car on finance and the value of their shitty little house; stifling regulation that crushes innovation and entrepreneurship such that the highest aspirationnof the young is the fucking Civil Service 'Fast Stream'; and has let world-class manufacturing specialties wither away to nothing. Our only strategy is to import ever more third-worlders in an attempt to keep wages down and minimise the cost of services, including filling NHS vacancies with niggers who don't actually do any fucking work; whilst simultaneously pumping the property market.

To compound this, we're belligerently snapping at Russia and China, and commiting ourselves to the defence of an EU that is in return trying to bankrupt us and cutting us off from goods and services. Our geopolitical Grand Strategy is 'do whatever the USA wants us to', with absolutely zero thought given to whether we can afford it, whether we have a competent military (we don't), whether we are getting anything in return, and whether we have secured access to energy (we haven't).

As Hitchens says: I have never seen a more doomed country

[Anonymous No.50819868]

>>50819853
Finally someone who gets it. Very well put

[Anonymous No.50819881]

>>50817124
Pretty sure Americans don't have a statutory 28 days holiday per year not any of the other perks Euros get. My employer automatically pays 11% of the equivalent of my salary into a pension plan for me, for example.

[Anonymous No.50820011]

I work as a security guard 4 days on 4 days off 25k a year and on some of my days off I clean gutters and driveways with a jetwash cash in hand and honestly make more than most 'managers' at the end of the year, it's embarrassing that I can out earn people with university degrees doing teenager work after leaving school at 16

[Anonymous No.50820031]

Honestly it’s over for Britain, literally don’t have an economy there. Mutts have Silicon Valley, oil and gas and the military industrial complex for traditional engineers, an emerging private aerospace sector, overpaid healthcare professionals, and on top of that a finance sector that mogs Britain’s.

If you’re a young person what do you even do in britain? There’s no opportunities at all, I guess you just do some worthless finance job.

[Anonymous No.50820050]

>>50819853
Are you the same person or someone else just reposting the text from the last thread

[Anonymous No.50820086]

>Median salary of LSE Economics grads is £38k.

As it should be. Why do you assume someone is bringing real value to the economy just because they're LSE graduates? If anything salaries in the UK reflect the actual worth of a person's job more so than in many other countries.
Let me tell you something OP, I've worked as a delivery driver in one of the home counties during the pandemic. I delivered to all types of homes rich and poor. You know what I noticed? Almost every delivery I made to a home that looked like it was worth more than a million had some sort of construction/electric/road maintenance van parked on the driveway. And you know what was even more shocking? None of those homes had a car newer than 5 years.

You're mad at the country because you got fooled into thinking your diploma was worth fuck all. The best thing about the UK is that we have a dirt poor government unlike America or Germany so weasels such as yourself don't get rewarded for your academic arrogance. It's part of the reason why Hitchens is so butthurt too. He probably sees himself as a thinker of national importance who deserves a six figures salary and were he American he'd probably make that much working for one of their gay television networks. Luckily in this country we only have the BBC and a few other channels that literally survive selling advert slots to charities lmao.

The wealth of this country is out of reach for you because you don't know what work is. Vermin such as yourself had your moment in the sun when all the big brains were pillaging the public purse for muh science. That's now over and the government is broke. If you don't bring anything of value you're all out of luck. Now stick that diploma up your arse and cry moar faggot. Society doesn't need your "expertise".

[Anonymous No.50820117]

>>50817124
the uk is totally fine
just get into (commercial) real estate
its a landlord culture after all

[Anonymous No.50820171]

>>50820086
>delivery driver talking about the value of work

You’re a line item on a spreadsheet strategists can’t wait to replace with software

[Anonymous No.50820187]

>>50817124
>The richest people are mostly all foreign and the rest of the list is business owners in random industries with a few hedge fund managers sprinkled in. It's not like the US where its dominated by Ivy league

(( Ivy league grads ))

[Anonymous No.50820214]

>>50820086
You are replaceable. Just because they called you an essential worker doesn't make it so

[Anonymous No.50820219]

>>50819868
It’s a repost, kinda cringe imo

[Anonymous No.50820258]

>>50820171
Yes many of us had to find temporary work to survive during that period. The fact you went unaffected by it only shows you're a paper pushing faggot which makes your substandard salary perfectly justifiable and not a matter of national importance.
>spreadsheet strategists
Oh lord how many pronouns do you know by heart?

[Anonymous No.50820276]

>>50820086
>just pull yourself up by your bootstraps and work harder bro

[Anonymous No.50820361]

>>50820086
>>50820276
The worst part is that electricians and similar don't even make good money in the UK. They start on like £18k lol. I guess he's an American larper?

[Anonymous No.50820381]

>>50820361
He doesn't realise that tradies with expensive homes bought them before the housing bubble started.

[Anonymous No.50820449]

>>50820276
where is embegwe?

[Anonymous No.50820522]

>>50820361
>They start on like £18k
Maybe if you're a bad one who could only find work at Pimlico plumbers or something.

>>50820381
Or they bought a cheap rundown property and renovated it for a third of the price. It's amazing what can be achieved when your skills and knowledge have real world applications. You wouldn't understand Mr spreadcheeks.

[Anonymous No.50820552]

>>50820258
Must really chap your ass that people who know how to play the pronoun game make multiples of your salary and decide whether or not you have a job huh? I’m a dual citizen in the states on 180k annual. I might move back in a few years and buy a house in cash, we’ll see maybe you’ll deliver me some food

[Anonymous No.50820555]

UK grad wages have stagnated for a while now.
It's more of a structural issue as a decade of Tory mismanagement comes home to roost. Supporting service industries which don't do any actual work.
Subsidising their geriatric voting base by importing thirdies and imposing a ludicrous tax burden on workers. .
Then refusing to build any houses so the selfsame gerontocrats get rich sitting on their assets. But since no young person wants to start a family while living in rented accomodation, the birth rate stagnates.
So the gerontocrats fall for the Brexit meme, meaning we end up importing more darkies instead of Europeans.
The rot set in with New Labour, but it's quite incredible how the Tories have done absolutely nothing to reverse it over 12 years in government. The current leadership election has convinced me we're definitely past the point of no return.

[Anonymous No.50820558]

>>50820522
Newly qualified electricians who choose to work for an employer can expect to earn between £19,000 and £22,000 a year. However, over time and after you have gained more experience in various jobs, you can expect to see your salary rise. Currently the highest regional electrician salary is in London at £36,686.

>just become an elite electrician and make mad stacks bro

[Anonymous No.50820583]

>>50820086
>just work harder xDDD
retard

[Anonymous No.50820584]

>>50820522
Yeah I'm sure they bought a house for 200k, gave themselves a 50k budget and renovated to something £1m.
The UK housing market is a ponzi scam, stop defending it you bootlicking cuck.

[Anonymous No.50820587]

>>50817840
>Uk Salary is great when you take USA, Canada, Australia, New zealand, hong kong, singapore, switzerland, leichtenstein, denmark, finland, norway, iceland, netherlands, the vatican, shanghai, beijing, BVI, UAE, saudi arabia, kuwait, macao, cayman islands, barbados, ireland and malta out of the picture

[Anonymous No.50820669]

>>50820583
wages not a problem if houses prices were reasonable.

STOP IMPORTING ILLEGALS

send em to the 2nd world

[Anonymous No.50820670]

>>50820558
>However, over time and after you have gained more experience in various jobs, you can expect to see your salary rise.
Anyone with above room temperature starts their own business and get all the certs to be eligible for government contracts. If you're an electrician with years of experience and still on a "salary" you're downright incompetent.

[Anonymous No.50820679]

>all national industries have been sold to foreign interests who under-invest and extract rent from UK population
>NHS being privatised by stealth; underinvestment paving the way for private providers to step in. A US company is now the largest provider of GP services.
>housing turned into a ponzi and the golden goose of the tory party... inflate the bubble and maintain power, all while turning the UK into a two-tier society wherein if you don't come from money, you ain't gonna get there with hard work
>Band of England crippled by aforementioned housing ponzi - cannot tackle inflation with rates rises for fear of crashing housing]
>Brexit actually added huge amounts of red-tape - exports down by 1/5th already

we are fucked.
if you spend any amount of time reading about the state of the water industry you'll want to rope.

[Anonymous No.50820804]

UK water companies are 71% owned by foreign companies/interests.

Debt amongst water companies has risen from zero in 1991 to £54bn in 2021 whilst captial expenditure (investment in infrastructure) has remained level at ~£5bn a year. Dividends to shareholders average £1.6bn a year.

In **EVERY** year since privatisation revenues from customers exceeded costs; debt has been taken on simply to increase the dividend payouts to shareholders.

3.4 billion litres a day are leaked by these companies; 2/3rds of chalk streams are below sustainable flow-rates due to being drained by said companies.

In 2021 alone there were 560,000 incidents of flushing raw sewage into our rivers and beaches - they pumped sewage into our waterways for 3.5 million hours in the year. less than 14% of waterways are safe to swim in for this reason.

[Anonymous No.50820845]

>>50820804
NATIONALIZE UTILITIES

[Anonymous No.50821156]

>>50820669
We're not building enough houses. Even if we stopped all immigration tomorrow, we're way behind on what we need.
But it's too late. Young white natives aren't going to start having kids living in squalid rented accommodation. So we either have to tear down the whole social state (since we haven't got enough growth to support our ageing, non-working population) or we continue to accept immigrants.

[Anonymous No.50821171]

>>50820669
>illegals
legal immigration dwarfs the number of dingy boats crossing the channel, they both need to go.
But more importantly than that, the planning permission system needs to be abolished.

[Anonymous No.50821451]

>>50817840
Someone has been drinking the cool aid lmao

UK Salaries are far below that of EU salaries, especially in Tech/Finance.

[Anonymous No.50821486]

>>50821451
Will have to disagree here, high finance salaries are the only good thing about London

[Anonymous No.50821975]

>>50817124
what a horrid looking place

[Anonymous No.50822882]

>>50821451
>>50821486
And IT. I made more than double in London than in EU.

[Anonymous No.50823019]

>>50817930
What kind of jobs are those

[Anonymous No.50823082]

>>50817124
> Why is it so fucked?
De Industrialised Information + service based Economy.

Also watch this :-
https://youtu.be/EC0G7pY4wRE

[Anonymous No.50823147]

>>50817124
the uk is not a place to work
however you can do ok owning a business and the capital gains is relatively generous
the entire economy has become a ponzi scheme designed to keep old money comfortable whether it's the absolute insanity of housing or the nepotism of finance
to top it off taxes, while way better than belgium or somewhere, are still rape
anyone with any financial sense wants to gtfo
>>50817840
so everywhere is fucked? what is your point?
the CoL here isn't massively cheaper than elsewhere: a real home starts at £250k now
>uk salaries are great
not even top 5 in europe
>>50823082
the uk had the potential to be a tech giant in the 2000s there really is no good reason why we aren't
ireland managed to cultivate some of what we very easily could and while ireland has a lot of problems too it has gone somewhere in 20 years as opposed to backwards

our economy is built on three things: london finance, real estate, and defence
if you're not in one of these sectors then it sucks and you make less than half of what an american would in the same field

[Anonymous No.50823182]

>>50820171
Delivery drivers aren't going to get automated, the software sucks too much, self driving cars have failed, already billions down the drain. Google has already given up on the project, so has Tesla. You are never getting fully automatic cars.

[Anonymous No.50823203]

>>50820214
Replaceable with what exactly?

[Anonymous No.50824985]

>>50823203
A cheap migrant, you must be one of the only white delivery people left

[Anonymous No.50825005]

>>50823082
Not a fan of Werner, I saw him in the Princes of Yen documentary and he (as well as the narrator) acts like Central Bank decisions are simple and straightforward when they very much aren't

[Anonymous No.50826043]

>>50819881
>3x lower salary and twice the net taxrate
>But heh I get a 11% bonus when I'm 75 so who really wins?
Rope. Now.

[Anonymous No.50826404]

>>50817738
>plz respond

[Anonymous No.50826489]

>>50824985
Fuck off you snotty little faggot, all that means is at least they need someone for that job unlike whatever easily automated nonsense you wasted years studying

[Anonymous No.50826492]

>>50817124
>US who make $100k average, and pay less tax
this is why. taxes cripple economies

[Anonymous No.50826577]

>>50823019
Prostitution and Farming

[Anonymous No.50826600]

>>50820086
Hitches has a column in the mail on Sunday. He easily clears 6 figures lol.

[Anonymous No.50826644]

>>50818069
That's not what that means.

[Anonymous No.50826674]

>>50817124
I have nothing but hatred for you brits. Don't make another thread.

[Anonymous No.50826914]

>>50826674
Fuck off mutt no one invited you here

[Anonymous No.50826932]

>>50820086
>>50826600
From his books, tv appearances and columns he must be a millionaire easily

[Anonymous No.50827894]

>>50821451
u wot mate? London salaries dick on any Euro capital city salaries. IT, Finance, Law, anything.

[Anonymous No.50827927]

>>50817124
probably because of your insatiable lust for paki cock

[Anonymous No.50828939]

>>50818069

kek, importing the third world literally turning the UK into an emerging third world country. fuck the invaders

[Anonymous No.50829101]

>>50817124
the problem is when you work out what the real tax rate actually is.

you create $200k of value / work for your employer.

minus $40k for VAT
business rates $5k
national insurance $5k
insurance tax $2k
income tax $20k
corporation tax $20k

the actual tax rate is 50% of turnover or the "value" of the work you do as an employee. and then once a business pays its costs for actual stuff it needs to operate, whats left over to pay staff is very little.

in the usa those taxes cap at around 30% rather than 50%, which down the line means you can pay staff twice as much. but then you have buy healthcare yourself.