Millennials

This tag is associated with 28 posts

Millennials in Canada – Higher incomes and median wealth than young Gen-Xers but also considerably more mortgage debt

Millennials had higher incomes and median wealth than young Gen-Xers at the same age, but also considerably more mortgage debt Examining debt and wealth for young households, who have begun to accumulate assets and debt over a period of sustained home price inflation, provides another perspective on the health of balance sheets in Canada. A … Continue reading

Millennials in US – The largest generation in labor force

More than one-in-three American labor force participants (35%) are Millennials, making them the largest generation in the U.S. labor force, according to a Pew Research Center analysis of U.S. Census Bureau data. As of 2017 – the most recent year for which data are available – 56 million Millennials (those ages 21 to 36 in … Continue reading

Millennials – A survey of more than 7,600 youth ages 16 to 24 years old in 30 countries

In the fall of 2016, the International Youth Foundation (IYF) and the Center for Strategic and International Studies (CSIS) surveyed more than 7,600 youth ages 16 to 24 years old in 30 countries in order to gain insight into how young people see the world today and how they may continue to shape our world … Continue reading

US – Millennials are taking over the workplace (Infographic)

Chosen by Job Market Monitor.  @ visual.ly/api/embed/50554?width=540 From Visually.

Millennials have one foot out the door Deloitte’s survey finds

Millennials, in general, express little loyalty to their current employers and many are planning near-term exits, according to Deloitte Touche Tohmatsu Limited’s fifth annual Millennial Survey. This remarkable absence of allegiance represents a serious challenge to any business employing a large number of Millennials, especially those in markets—like the United States—where Millennials now represent the … Continue reading

Millennials in Workplace – Three key strategies

Is it possible to strike a happy medium between old-school and new school workplaces? Here are the three key strategies that allows for a forward-thinking, balanced culture: Factor 1: Mission, Mission, MissionOftentimes, traditional, Boomer-led workplaces suffer from vague, uninspiring missions that don’t clearly include positive impact on the world. New-school workplaces often are so bold, … Continue reading

Millennials in US in 2015 – The largest generation

Millennials continue to make headlines, including on our Fact Tank posts. Our research showed that this confident, politically independent generation not only overtook Generation X as the largest generation in the U.S. workforce, but also overtook Baby Boomers in population size – two big milestones that resonated with our audience. Source: Top Fact Tank data of 2015 | Pew Research Center

US in 2015 – Millennials surpassed Baby Boomers in sheer numbers to become the largest generation

There are an estimated 75.3 Millennials (ages 18 to 34) compared with 74.9 million Baby Boomers. This racially diverse, economically stressed and politically liberal group is also taking over American jobs: Millennial workers this year grew to outnumber Gen X workers, making them the largest share of the U.S. labor force. Chosen excerpts by Job … Continue reading

Millennials – Most do not identify with the term

Millennials will soon become the nation’s largest living generation. They already have surpassed Generation X to make up the largest share of the U.S. workforce. Despite the size and influence of the Millennial generation, however, most of those in this age cohort do not identify with the term “Millennial.” Just 40% of adults ages 18 … Continue reading

Job Search for Millennials – A few best practice

Despite the unprecedented challenges facing our generation — unique challenges that no other generation has been confronted with — there are actions you can take to increase your chances of landing a job that will help advance your career and put a decent paycheck in your pocket. Here are a few best practices: 1. Cold … Continue reading

Millennials in US – Less likely to be living independently of their families

Five years into the economic recovery, things are looking up for young adults in the U.S. labor market. Unemployment is down, full-time work is up and wages have modestly rebounded. But, according to a new Pew Research Center analysis of U.S. Census Bureau data, these improvements in the labor market have not led to more … Continue reading

Only 28 percent of Millennials feel their current organization is making full use of their skills Deloitte finds

Business should focus on people and purpose, not just products and profits in the 21st century according to Deloitte Touche Tohmatsu Limited’s (Deloitte Global) fourth annual Millennial Survey released today. This and other findings from the survey suggest businesses, particularly in developed markets, will need to make significant changes to attract and retain the future … Continue reading

Millennials in US – 75 percent of the workforce by 2025

By 2020, Millennials will comprise more than one of three adult Americans. It is estimated that by 2025 they will make up as much as 75 percent of the workforce.  Millennials’ desire for pragmatic action that drives results will overtake today’s emphasis on ideology and polarization as Boomers finally fade from the scene. Thus, understanding … Continue reading

Millennials in US – Myths, Exaggerations and Uncomfortable Truths : an IBM Study

IBM today announced that pretty much everything you thought you knew about Millennials could well be wrong. A new IBM study reveals much of the hype about Millennial employees simply isn’t true. They aren’t the “lazy, entitled, selfish and shallow” workers that many believe them to be. The results of the global, multigenerational study “Myths, Exaggerations and Uncomfortable Truths” … Continue reading

US – Nearly 60 percent of U.S. chief financial officers say their firms are not adapting to attract millennial workers

Nearly 60 percent of U.S. chief financial officers say their firms are not adapting to attract millennial workers – thoseunder age 35. While millennials offer technological and creative advantages, they tend to be less loyal to the company and require more management oversight, some CFOs say. CFOs in the U.S. also expect employment to increase … Continue reading

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