Experience Survey Suggests Millennials are a Bright Spot in the Labor Market
Experience, Inc. the nation’s leading provider of career services for college students and alumni, today announced results from its 2009 Economic Impact Survey, which measured the impact of the US and global economies on Generation Y’s attitudes towards higher education and career prospects.
The survey found that many young adults are bullish about the job market:
· Fifty percent (50%) of college students and recent grads feel the job outlook is still positive, and a nearly quarter (24%) believe the job market is stronger than depicted by national media
· Seventy five percent (75%) of Gen Y says the value of their education will increase or remain the same in this market
“Gen Y represents the highest growth segment of the labor market,” says Jenny Floren, founder and CEO of Experience, Inc. and author of The Gen Y Way (New Year Publishing, April 2009). “Our survey found the general confidence level of Millennials is much higher than that of the general population, which supports the notion that demographic shifts have created high demand for educated, entry-level talent – especially within the growth sectors of the global economy.”
Despite being frequently accused of holding “unreasonable expectations” at the workplace, the survey showed that Gen Y is willing to do what it takes to contribute to individual – and organization -- success:
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