Quote:
Originally Posted by Knalus
Too many grads. Nowadays, U of C had what, 300 grads last year? When I was going 10-15 years ago, we had that many across all three years in the department. There was a bunch of noise back then about how old the geoscientist community was, and how they were on the verge of retiring en masse, and that there wouldn't be enough new grads to do all the work needed. They misjudged how much later into retirement the old guys were willing to work, and to some degree how much work there was going to be (by they I mean APEGGA and the university admissions department), and oversaturated a market too soon.
That's my take on it. If someone else has other data that would highlight a different reason, I'd love to hear it.
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Thats exactly how I figure it. When I graduated 7-years ago that was the story. I'm lucky to be gainfully employed, however I feel terrible for the kids coming out of school.