In the News, Tools & Tips

Youth / 25 Jobs in One Career for Gen Y

Do The Math

Consider these estimates from reputable sources:

• By 2020, 40-50% of all income-producing work will be performed by short-term contractors, freelance workers and “SuperTemps”

• The length of a career already averages 48 years — by 2020 it will be 50+ years

• Today, the average time-in-service for a Millennial at any company is 2.6 years

Admittedly, I am not really good at math. But this data is pretty conclusive…

At 2.6 years per job, over 50+ years in the workforce, plus several temp assignments and contracts means that Gen Y can expect to hold 20-25 jobs over the course of a career.

Here’s the problem… or, rather, several problems:

No One Told Gen Y

Those statistics genuinely scared #InternPro participants — most of whom are Millennials. No one had done the math. Plus, between parents, educators and old-school career experts, there seems to be a halo effect surrounding an old paradigm: lifetime employment. Many Millennials seem to believe that once they graduate and get that first job, their job search is effectively over. They are unprepared for the fact that it’s really just the beginning of a continuous process.

Traditional Higher Education Hasn’t Noticed

Many higher education stalwarts — not exactly known for quickly adapting to changing economies and markets — still feature old-school theory taught by tenured professors who’ve never held a position outside academia. Instead of teaching the skills that will be in demand in the “Freelance Economy,” we’re still shoving 1970’s courses and curriculum down the throats of unsuspecting students. Higher education must change fundamentally. To remain relevant, academics must start emphasizing transferable, marketable career skills.

Chosen excerpts by Job Market Monitor. Read the whole story at 

Capture d’écran 2013-10-25 à 08.21.40

via 25 Jobs in One Career? Brace Yourselves – TalentCulture – World of Work.

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