Advice for Employers and Recruiters
Are Young Workers the “Go Nowhere” Generation?
William FriersonA recent piece in the New York Times by Todd G. Buchholz and Victoria Buchholz calls 20-somethings the “go-nowhere generation” based on their statistical reluctance to relocate for work. They note, “The likelihood of 20-somethings moving to another state has dropped well over 40 percent since the 1980s, according to calculations based on Census Bureau data…According to the Pew Research Center, the proportion of young adults living at home nearly doubled between 1980 and 2008, before the Great Recession hit.”
Whether or not you believe Millennials are sedentary or risk averse, the article includes research by economist Lisa B. Kahn of the Yale School of Management showing, “…those who graduated from college during a poor economy experienced a relative wage loss even 15 years after entering the work force.”
Is this just a recipe for a “lost generation?”
How Do We Fix Young America?
Scott Gerber isn’t ready to give up. He founded the Young Entrepreneur Council (YEC), which is spearheading #FixYoungAmerica, a solutions-based campaign in partnership with dozens of organizations hoping to provide real, actionable solutions to chronic youth under- and unemployment, which, Gerber explains, is the worst it has been in 60 years.
With the campaign, YEC and its partners are promoting entrepreneurship and, more broadly, entrepreneurial thinking and learning, as a long-lasting and scalable antidote to the problems keeping Millennials stuck. The organization has big goals and a roadmap with a target of, “Restoring the American dream, not just to Gen Y but to their children and their children’s children.” Gerber explains most young people know about the problems, but not the solutions, and said “We need to start talking about answers — not just issues.”
In the following Q & A, Gerber explains the movement’s plans, what they hope to accomplish, and how you can help. Continue reading . . .
Article by Miriam Salpeter and courtesy of Salary.com
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