Job Market Monitor
Generation Y
Young Americans want Congress to focus on jobs, education and ensuring that Social Security
Today’s 20-somethings are the first generation, as a whole, to face downward economic mobility compared to their parents’ generation, according to a new report from national policy center Demos and youth advocacy organization Young Invincibles. The report, entitled “The State of Young America,” details how the Great Recession has intensified the impact of thirty years … Continue reading
Survey / Hiring managers will hire Matures over Millennials
A recent survey on behalf of the staffing firm Adecco USA Inc. finds that hiring managers will hire Matures (50 years old and above) over Millennials (22 through 31 years old). In fact, they hire Matures three times as often (60 percent versus 20 percent). As might be anticipated because of the level of responsibility, … Continue reading
63% of “Generation Y” have a bachelor’s degree while jobs taken don’t require one
After four years of college, many graduates are ending up in jobs that only require the ability to operate a cash register with a smile. After commencement, a growing number young people say they have no choice but to take low-skilled jobs, according to a survey released this week. And while 63% of “Generation Y” workers — those … Continue reading
Demographic Alert: Older Workers Will Soon Exceed Younger Workers in Numbers in US
For the very first time in history, the number of workers over age 55 will surpass the number of workers ages 25 to 34. Since 1990, the number of older workers has been increasing steadily, while the number of younger workers in that specific age cohort has been steadily declining. It’s just a matter of … Continue reading
Forget Generation Y: 18- to 34-Year-Olds Are Now ‘Generation C’
It’s hardly news that young adults are the most digitally connected, but now Nielsen has come up with a new name for this group based on their common behaviors: “Generation C.” The C stands for “connected,” and the group comprises Americans between 18 and 34 — who are defined by their digital connectivity, Nielsen and … Continue reading
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