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Everybody -- -- -- -- for joining us today it's career accelerator Tuesday we have three big segments.
One of the more popular ones coming up in a second -- on something I just chatted how many hours do you guys sleep at night.
And your comments are cracking me up isn't anybody listening says it to -- -- And once -- left.
And big mini I think until -- wake up turned out just right most of the time.
I -- four -- -- Max but then on the weekends I hibernate we will discuss all of this coming up but first.
We're joined by Stephen Rose to senior economist as well as.
Professor in -- to Georgetown center on education and the workforce joining us from -- DC bureau.
Hillary do good in the air -- are coming none.
You know this hour our career accelerator segment -- every Tuesday and -- -- Trends that we're noticing lots of information and -- suggesting that.
People in high school students and families feel like they're being placed out of college is that what you're saying.
Well they don't want a -- that mean I think they know that it really matters a lot I mean they're nervous about the cost many people are.
Using a strategy to go to less expensive schools sometimes starting a two year schools.
The labor for the labor market has -- over the last twenty years really prized post secondary education.
And you know certainly about 70% of the young people are indeed going to some forms post secondary education -- -- -- certificate that two year four year degree.
Do you think that the job market is still uprising -- higher education.
Most definitely if you look at something like the unemployment rates I mean there.
You know if if that that the economy -- -- like what the BAA unemployment rate is that.
It would be under 5% -- him and we gave me a unemployment rate you mean.
For those of bachelor's degrees.
Congrats -- come so obviously.
Many parents must train here they're kids they're high school grads -- -- Maybe picking a major or.
-- profitable major a little bit sooner.
I still majors what degrees are really.
Something that should be considered in terms of actually getting a job when he graduates of those four years of super high tuition bills.
Hiring down and hearing.
There's -- Question that.
What you major in matters a lot you know so mom.
There a variety of majors and a lot of them are occupational -- -- that really.
You know employers are looking for so health administrators.
Business and finance in general.
Computers and non nursing all of these have.
Even very recent college graduates have quite low unemployment rates and then once you -- in the mid career they have a very low unemployment rates as well.
On the other hand some places.
Some of the majors have.
High unemployment rates.
One has a very high unemployment rate is architecture.
Partially because it's the kind of creative job that uses a lot of people skills -- it's very popular.
That's -- has it but other than that you get fine arts philosophy.
All my humanities in general.
Tend to be something that employers wonder how well it's -- -- transfer.
There's a report out today by the center for college academics and productivity.
And it says that 48%.
Of America is working people stated they feel overqualified.
For their jobs and this study does it looks at -- stayed -- from 2010.
And essentially found that listen these numbers because these are -- line 25% of retail sales clerks.
15% of cab drivers and 5% of janitors had a bachelor's degree.
In jobs that they don't need a bachelor's degree four and his problem is expected to get -- one of the reasons for that is that the supply of jobs that require a degree.
Is so much slower than any of the number of newly minted college grads and during the war.
-- I'm very familiar with the work of this study and actually I disagree with that a lot of good -- about that.
Okay well you know it is hard to know what requires -- so in the report when they talk about colleges.
That require a high school degree only -- clearly -- Therefore you over qualified if you have a BA literally the first one they pick his sales representatives in manufacturing and wholesale.
Okay you might know only require high school degree but if you look at that job more closely -- one they really highlight.
They median earnings of those with a BA is 73000.
The median earnings of all be ages 4045000.
So they basically make.
60% more in match others in the end.
Inside the jobs that supposedly only requires.
A -- high school degree BA who make 73.
Whereas -- -- a high school make 37.
BA's make twice as much inside that job as is.
A high school only so I think that they're bitter that they used.
Is based on an analysis that really defines jobs in a very backward looking away.
Thirty years ago.
This job and I'm not kidding this is in -- sure -- that -- the very first occupational -- they -- is the one that I'm talking about.
And I would argue that that's just a bad methodology of a job that's making.
For the B 873060%.
More than all other -- in general and you're saying that person's overqualified.
I find that hard to believe.
Yet it's it's good -- point that out because something that I personally fear that might happen is that people decide to call it quits on college altogether.
Because it has -- the record tuition bills.
There you know the media's constantly saying it he can't get jobs with your degree.
And we might actually start to see kind of a class of society those that can go to college because they financially can.
And those who are saying let's just get a vocational type of job instead.
Most definitely -- -- that what we know her tying them in the think the kind of really super counterintuitive thing of that study it over time the ratio of -- earnings the high school earnings.
Of the last thirty years has doubled.
The advantage now is over 80% so somehow or -- they're saying.
That close to 50% MBAs are overqualified but somehow or other they're getting paid 80% more than these people.
That they're supposedly over qualified for I think it's a really bad.
-- having a reported out the -- that number -- much.
Blasts and I think the whole analysis we think that in the future to get -- middle class kind of earnings in your job.
You're really gonna need something passed high school everyone's going to need something passed high school.
And so on education has been our main transmission belt making young people prepared to enter the workforce and on.
We think people should be trying to get a certificate a two year four year degree -- -- pay off a lot hipper faster -- punish your study coming out.
OK there's different studies we have now want we have a number of studies that look at -- -- what's it worth we have a thing called.
Hard times it just came out a nice little sixteen page thing.
Everything's on our website CEW.
That Georgetown dot edu.
We have another study called.
If the under educated American where we go into the notion of what is the importance of this be a premium.
And why we need more not less of people with -- to a four year degree.
So -- we have about.
Fifteen studies on our web site in the other study I talked about that's gonna come up with a much lower number of how many people are ever.
A land line I want that when you have to be sure to share with.
Conduct I'll make sure you get -- -- probably in the fall unfortunately on finishing up a paper.
Two year degrees and another one on.
You know input output announces its third in my Q.
You sound -- you sound very busy and intelligent so I'm gonna spring a question and you that's coming from our viewers.
I isn't anyone listening is asking I wondered -- Janet areas that have a college degree are union.
Jobs do not.
No I don't think that's the case I think what happens is is that.
There are people there are two things that you should understand one is a lot of people in college and are going to graduate school -- -- working part time.
So I mean this notion of being changed with.
Bartenders it's like you know.
Okay how many -- have you seen a bartender -- doing it part time.
Who's trying to who's an actor who's trying to do this right so there's a couple things that matter I mean and in the lesson I want to say to people first of all.
Do what you love -- you know there are some of these jobs and I actor is one of them.
Closure you may have been as a graduate degrees -- don't make a lot of money.
Should do what you love but understand what we're providing you with is a lot of information and then there -- consequences.
Print and -- Thank you I have to -- -- -- because we have a several more against you get -- we really appreciate that.
And I -- definitely looking to your future studies thank you so much professor Stephen Rose with Georgetown University.
Come back on -- for having me okay good night but aren't gonna go to a break right now and that's right after.
It's career accelerated Tuesday so where -- can he -- the jobs have got and tech the CEO of de -- my attorney joining handset now hi good morning.
Good afternoon here in New York it's a little bit later now 1111.
Are right -- -- is a provider of specialized career web sites essentially specializing in tax and Wednesdays mean in in states -- data processing.
Thank you can Dice.com.
Is been around for over twenty years system before the Internet is actually and -- -- is an acronym data processing independent council action Harrington a -- and prison term in the Houston.
It sounds very antiquated others yes.
It has it been replaced by adds social cloud.
IPad -- -- football everybody everybody's -- -- so.
He yet from India acronym stands.
Let's just say now I have fairly content on the computer so that's the level that you're dealing with now so just -- come down to this -- level I'm kidding.
But seriously I really can barely -- on mr.
-- said the tech industry is booming 64% of companies or clients will likely add.
New technology workers in the first six months of 2013.
It's a big number.
And his victim.
But think about how important technology is so you may not -- turn on the computer.
And -- But technology today is so pervasive everybody needs technology.
Right so where exactly -- these shops and -- or they widespread.
If it's relatively widespread -- there are places that have strains if you think technology is pervasive and so everybody needs it just you think about.
There's a move towards big data companies trying to understand more about.
Their customers -- their users and so.
Data scientists -- analysts are pretty big cloud computing is a big move.
Let's just talk about the -- data for a second and it just reminds me of JC -- over the past year tried to get rid of their sales they tried to understand there they're consumer.
Does a consumer like the science -- -- an answer is yes.
Did you just like that.
And make those.
Just thought I think -- is the easiest way to describe it is a company like JC Penney would have data analysts saw where -- scientists who.
Are charged with understanding what the consumer behavior is -- the case JC -- the consumer behavior ultimately is.
They like sales but you could tell by buying patterns Sunday capturing the point of sale or or online now how -- -- users behave.
And how what and -- their users to come into the store I find that fascinating and they probably pay decent money and -- -- scale reduce big day today is big money and technology people.
There commanding some of the -- -- -- people have.
Data analytics ability.
And data scientists rank highest level really command.
Six figure salaries so we're looking at six figures had -- intend that.
Well I think if you think about technology broadly there's different ways to get into data analytics.
Technology people can sort of variety of ways one of the ways is through Community Colleges so you can -- -- colleges really transform themselves.
Over time from being entry level points for.
A brighter things to -- -- focus really on how to help people with their careers in technology is one of the best.
Fields to go into right and so one way is to get into a community college.
There's other ways like developing applications on your own news millions and millions of applications but.
It's it's a relatively simple way possible develop a simple way to focus on.
A serving in need of of the user and developing severe you could show my -- -- for interrupting you were talking about cloud computing so that's an area that's booming right now it is cloud compute.
Computers -- different customers are very focused on how to save money -- one way is to use cloud computing technology where you're you're giving somebody else.
The business of running your infrastructure.
And so that that's a big move.
And the west is mobile app development you think about.
-- Woodson and Smartphones.
And and how we all use apps.
Every day for a whole variety of things the need for mobile app developers is huge.
That has to be a very common.
Choice among many companies and their workers so Hattie how does the tax base -- that happened so telecommuting is is quite popular than tech.
Domain because you.
A lot of the -- you can do from anywhere -- and we think about what entice people to move and what restricts them from moving -- -- things we've seen.
In our surveys is that tech people are.
Tend to be relatively happy and their roles.
What are reluctant to move in sometimes it's because their houses may be underwater they don't have equity in their homes and so are willing to to make the -- To a new role and work can't move and so in the case of not being able to move one of the things that employers we -- offer and we we suggest this is.
-- for telecommuting allow the person to work as part of a group were remotely so weird and our business we have a number of people that work throughout the US.
And even internationally.
Work remotely as part of a team that's -- it seems like that's.
-- trends and be starting to become.
Profitable on offer for companies it is sentencing on expensive China and it's profitable for the individual to him because they can control.
Their own destiny in terms of how to get to work how they do their work it'd be really is significant movement -- -- and I always tell people that don't set up like your home office in the kitchen.
Because that would be very bad that is true so I would just tell all news for a little that it is not.
Nice -- -- hard and hard so if you tell me what you what you need to do is really establish an office myself a place where you go and go to work and then leave to go have lunch and then come back.
Go to work it's very important that you find a place.
I -- cities and states that are showing.
Stronger tech market now aside from the obvious California -- well -- obvious is important to Silicon Valley certainly is very strong.
New York is a little bit mixes we -- call -- to city so you have.
The sort -- environment.
The new media environment in New York which is really strong offset by the financial services business so from text standpoint they've really downsize.
-- New York's kind of in in balance.
But there's other markets like Seattle and Seattle's very strong.
Austin was strong Boston Massachusetts -- strong got it and on the some other cities that are kind of adjusting.
Is it is an -- -- place where you wouldn't think of Detroit is all auto industries using computers auto industry uses computers.
You also have.
A lot of engineering schools a -- in Michigan and the greater near Detroit which tends to Foster innovation.
In fact we have an office in Ann Arbor what we have -- people from one of our businesses and so -- popular place -- -- -- just -- bit.
It Detroit's provided.
Because of the migration out of Detroit.
Fire number of people you -- environment we can rebuild right that's -- real important.
And then my final question as -- wrap this up is I know we've established that salaries are relatively healthy and the tech market quite healthy.
But is that counter offer back is it knowing -- on the job interview where you get the job that salaries actually discussed.
And employees are demanding more either because they have another offer for another company -- -- just like I know -- that.
Yeah well it's already increase in salary certainly is -- so we we do a survey -- the server every year we just publishes a couple weeks ago.
Amid the highest year over year increase in the -- decade in terms of -- hours I think.
There's environment now where people -- in demand especially those -- skills and talked about earlier.
And so you have to manage your interaction with the current employer right or with a new employer where you can use it to your advantage but not so aggressively but we certainly seen salary escalation.
In those hard jobs cracked across the market yet they -- -- thank you so much for coming on -- Gloria -- see two Websense on the screen up to have you back and I now would go out today James -- joining us.
Via Skype from Tex is the co author of sleep for six -- and a former Cornell psychologists.
We're talking about essentially -- -- -- how many are you think everybody yes.
Every night and it turned out that most of us are sleep deprived myself included.
Well if we're sleep deprived.
That's that's really good question -- I mean I'm Rebecca Robinson I've -- -- missile or.
Here's some time we eat and become -- -- of walking his army is just ask.
In a person are you sleep deprived turns out not to eat very accurate.
This subjective feeling -- usually.
By somewhere between 47 minutes an hour so you say.
That you're getting seven hours you're probably really getting closer to six.
So many of these surveys.
-- take with a grain of salt.
We do know that nearly 70%.
Have a problem was sleeping at least a few nights a week.
We can't go to sleep but we can't maintain -- we wake up too early -- some -- reasonable three.
And then 56.
Million sleeping pills we're prescribing last year.
And that's too many because sleeping pills when -- can actually make you sleep -- -- -- -- -- you know it -- Is six -- -- six hours of sleep a night enough worries that borderline enough.
Know for most people who somewhere between seven and a half an eight and a half hours as a rule of thumb most of us can use at least another hour.
From what we're getting now now it's all genetically related and both of your parents were short sleepers is more perfectly tailored all -- tomorrow.
You might be one of the lucky few who couldn't function well.
On six hours as I can say number I know that the number of people who functional -- -- routed to the nearest whole number.
Is zero so we really have to do something about this colleagues kids at a high school kids need.
Nine and a quarter hours of sleep every night to be fully alert all day long and they averaged six point one that's more than three our deficit every night.
And one of the problems is that the teenage brain most people don't know this.
Since Katie -- wise to go to sleep at 3 in the morning.
And to wake up at eleven and we have these kids in school and I.
In the morning we -- -- bodies in the classroom but their brains are back on their -- tremendous police -- educational dollars.
-- there's so much you wanna talk about -- you -- anything -- -- -- have some more time but what I wanna get done really quickly so I can take advantage of the time they're giving -- straight -- in these final couple of minutes is finding out if you're sleep deprived.
And -- -- my dad you -- if you're drowsy in a warm round that's a sign right.
My yeah there's no disasters -- there's a warm Romo boring meeting ahead vetoes and alcohol.
Or heavy -- make you drowsy yes that's one question number two do you fall asleep within five minutes -- hitting the code number three you need an alarm clock to get up.
Number forward do you hit the snooze -- -- irregular basis and number five do you sleep extra on the weekend.
-- answer yes -- isn't he -- more of those questions and consider yourself pathological sleep deprived we just don't.
How silly can we really -- and it takes a tremendous deleterious hole at work.
The consequences of sleep deprivation might think it's my show.
Not to get much -- But there's drowsiness is inappropriate times increased risk for heart disease type two diabetes.
Obesity cancer in -- irritability anxiety depression.
You lose your sense of humor you lose your ability to work in teams you lose your -- skills to your golf game and a piano.
Playing ability is very good and most important role for people who work and -- people in school.
Detriment in cognitive performance.
You reduce your ability to process.
To concentrate to remember -- you communicate.
Tell -- -- tests to be creative to think critically you may.
Poor decisions skills you take risks on the job -- behind -- -- -- a cart in some reduce health and reduce performance.
And that cost businesses more than 63.
Billion dollars a year this -- Yeah amazing stuff -- you have a new book coming out you -- tell us about it yet.
-- to win not written by myself and -- gave us.
It's a terrible -- short read about a hundred pages.
That tells -- anybody whose interest is it being better athletes.
Literally how you can can they improve overnight no matter what sport -- -- No matter where the year at the professional level -- Middle school's soccer player it's a wonderful read.
-- it gets you to realize how important sleep is and how to get.
A great night's sleep for a better performance tomorrow it's for the case histories that actually happened the people who.
Went one Olympic gold medals when they weren't expected to do so simply because we changed -- sleep.
Be sure to come back on and tell us all about it have a great day and we thank you for joining us thing.
RA and quickly imminent go to the chat right now isn't anyone listening you bad at the White House gets enough sleep -- -- And big mini these days sleep is the only thing I'm getting enough.
Thank you everybody for watching hope you -- this Tuesday's Kurt seller literacy that's here on -- business Wednesday.
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