Most young people studying that i meet through the volunteering are expecting to get a contract with their first job. The idea that the cleaner at the bank could be the bank manager, or the dish pig might manage a hotel are ideas far away to the young. Its about having an education and entering the labour market in a higher position, it seems. I saw an article on linked in that says for the first time in years, the employment for people in their 50's and over has increased. One of the reasons given was that older people are more likely to be loyal to their employer. Link to article. financial review link.
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