Wednesday, November 27, 2019
The Reality of the Job Market for Millennials is Not Pretty
The Reality of the Job Market for Millennials is Not PrettyThe Reality of the Job Market for Millennials is Not PrettyMillennials. Whether you believe that theyre the most entitled generation ever to walk the Earth, or the one most let down by the generations that have preceded it, theres no disputing that theyve had it tough on the job front. Graduating into the worst economy since the Great konjunkturtief is no-ones idea of a good time, but its a story thats sometimes difficult to comprehend for those who have enjoyed being able to hunt for a job during periods of relative prosperity.A recent study from Accenture underlines just how tough the past couple of years have been for the graduating classes of 2012 and 2013 out there in the real world. For example of the 42% of grads surveyed who managed to find a job within 6 months of graduation, just 67% are working in their chosen field. And only 60% are making more than $25,000. And those are kids who graduated during a period of empl oyment growth think what it must have been like for the class of 2009. No wonder theyre still living at home.For more stats, check out this infographic from Accenture, which also details how the experiences of the past two graduating classes stack up against the expectations of the class thats about to hit the job market in the coming months (hint theyre not going to like it).Read MoreAccentures 2014 College Graduate Employment SurveyRelated on VaultAttention Millennials The Most Important Thing You Can Do For Your Career3 Things That Millennials Know About Success That You DontTraining Coming Soon to a Workplace Near You
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