The full scale of the financial rout facing millennials is revealed today in exclusive new data that points to a perfect storm of factors besetting an entire generation of young adults around the world.A combination of debt, joblessness, globalisation, demographics and rising house prices is depressing the incomes and prospects of millions of young people … Continue reading
The nearly 3.7 million American babies born in 1982 weren’t special, except to their families. But in the eyes of demographers, they were categorically different from the 3.6 million Americans born in 1981. They were the first members of a new club: Generation Y. This so-called millennial cohort, the largest generation in American history, landed … Continue reading
CIPD research reveals a gulf in expectations between young people and employers that is contributing to high levels of youth unemployment There is a clear mismatch between employers’ expectations of young people during the recruitment process and young people’s understanding of what is expected of them. This is hindering young people’s access to the labour … Continue reading
Generation Y would choose workplace flexibility, work/life balance and the opportunity for overseas assignments over financial rewards, a study published by PwC has found. The PwC NextGen survey of 44,000 workers, in conjunction with the London Business School and the University of Southern California, reveals Generation Y are more likely to stay in a job … Continue reading