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BrandNewMan Interesting: I conpared this with UK experience that may happen in other countries too.
Although you won't survive very well on unemployment benefits in the UK. They are low, now called the "Job Seekers' Allowance"; and very few people want to live like that.
What happened here for years was a widespread idea that the only way to "get on" is to obtain a Degree (yes, but in what, for what?) and work in IT or money-trading (how many do those trades need?)
Or entertainments, where it seems if you are lucky, the less talented you are the better your chances of The Big Time - though orchestras still need their proper musicians, theatres and film-studios still need skilled technical staff.
While at the same time, craft trades like plumbing, electricians, machinists, welders, etc have long been seen as second-best, dirty work best avoided, and manufacturing best farmed out abroad. Too many Britons have no idea what is an Engineer - they think it's someone in oily overalls replacing car brake-pads, or mending washing-machines. Not the car's or appliance's designer. Let alone know what Chartered Engineer means, or know that his or her main tool is Mathematics, not Spanners..
So schools and colleges cleared out their workshops, replacing craft lessons with something called "Design & Technology" which appears to be using CAD to draw things they might or might not make - more style than structure. Similarly, too many industries stopped taking on apprentices, though that is now changing and the number of trainees overall is increasing.
Back in the 1990s I think it was, Prime Minister Tony Blair's Labour government embraced something it called the "Knowledge Economy" that seemed to mean just being a PC-jockey in Canary Wharf, and wanted at least 50% of school pupils to gain the qualifications to enter University - to be what? Coffee-shop staff serving money-merchants? No mention of skilled manual work despite Labour's history.
Whereas in Germany the title of "Engineer" is professional, equivalent perhaps to the Chartership - more the applied-scientist than the maker; though they should still have practical experience. I think France has similar respect for Engineers.
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Have you observed similarly in the USA or is it very different there, beyond detail differences between natioanl educational system?