Doctors and lawyers are disgruntled. Long-term joblessness is on the rise in the middle class. Peter Lattman, lead blogger for the Wall Street Journal's law blog, and John Schmitt, senior economist for the Center for Economic and Policy Research, talk about what it all means.
Comments [7]
Petey Lattman - HE HE HE - you been buggered yet you pile of flucking shiite?
remember physicians go to school for 4 years of med school, residency for 3 to 6+ years, and fellowship after that - and they have a huge loan burden, particularly compared to the 3 years of law school.
mds based in academic centers make very modest salaries, work really long hours with no bonus
In regards to both the legal and medical profession, I can only wonder how much of dissatisfaction comes from living around NYC, where a professional income is almost a requirement to pay for the cost of living. In addition to that, I would guess that the increasing cost of schooling is forces many to take on jobs that they need$$, rather than jobs that they will care about.
I wonder if the current dislike of the medical profession by many medical professionals has anything to do with the issues Michael Moore raised in his movie Sicko.
Referring to [1], I think that the selection point is at a different place. From what I understand nearly any college grad can go to some law school with enough money but there is a 1/3 chance of getting into medical school for applicants who choose to apply after going through the rigors of pre-med education. The job market for medicine is ensured because the selection process happens before graduate education.
I am a recovering attorney. I have an ivy league law degree and was a lawyer for the city because I wanted to work in the public sector out of law school. I stopped working when my oldest child was born and never looked back. I couldn't imagine working the hours entailed with small children at home. People always said that you can do anything with a law degree. I stumbled into the world of events planning after running my children's school's street fair.
writing as a lawyer, I can tell you that there is a glut of lawyers...there is no such glut in the medical field. doctors are more or less guaranteed a job upon graduation. also, they are paid more on average than lawyers.
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