Friday, January 25, 2019

3 Reasons why Millennials can't find their perfect job


3 Reasons why Millennials can't find their perfect job



Managers often talk about hiring Millennials as they bring new energy to the organization. 
Hiring millennials (a person reaching young adulthood in the early 21st century) has other
advantages too. This generation of young people are optimistic than the general population
and believe in achieving their goals on time. Coming from racially and ethnically diverse
group, they have their own set of ideals and beliefs, which are often based on rationality.
They are no prototypes and innovative in their approach. This generation is not afraid of
rejection. In the United States, millennials will become the largest living generation
sometime soon. They will be an important engine of the economy in the coming decade.


Millennials despite being well-educated, skilled and ready to enter employment, remain out of a job due to reasons beyond their control. Further, all those who find jobs often remain dissatisfied at work and end up losing a clear trajectory toward a bright and promising future. Today millennials face a completely irregular and unique set of challenges in our modern economy and culture. There are three main reasons due to which they are not able to find perfect job suiting their interests. Crowded Labor Market Despite having educational attainments millennials face difficult challenges finding jobs. Compared to Baby Boomers in the 1970s, they had a more difficult time entering the labor force. The crowded labor market is surely one of the reasons for this scenario. In both developed and developing countries like United States and India, labor market is overcrowded and employment opportunities are limited. Furthermore many jobs had either been automated or outsourced to countries where workers did the same work for one-tenth the wages. This has lead to the creation of complex situations for millennials who despite possessing necessary skill find it tirelessly hard to find a job suiting their profile and interest. Elevated Expectations Millennials due to their to their individualistic nature are often referred to as Generation Me. They could also be called the generation with unrealistic expectations. Millennials are more perfectionist than the past two generations and are not afraid to ask for more. In fact, they feel that not asking means not trying. This is often perceived by those around them as demanding and spoiled. Materialism has risen substantially among millennials and they consider themselves entitled to many great things without working for them. Research work of Psychologists Jean Twenge of San Diego State University and Tim Kasser of Knox College points out at the high level of materialism among the high school seniors, even as the commitment to hard work declined. Mismatch of Skills Finally, millennials are facing a complex situation because of “skill mismatch” in the labor market. Actually, millennials represent an ever-growing part of the workforce, which affects the balance between supply and demand for different skills. Mobile, tech-savvy, and flexible, millennials often take up work almost new to their qualification. For example, engineers taking up job of marketing professionals or even bankers. Arts student taking up HR and supervisory role in the organization. Lacking in a specific skill, though they make enough to survive but not to grow. This leads to a circle of anxiety and job insecurity affecting their morale in long run. The Right Solution One of the best strategies for freshers looking for a suitable job opportunity is to write and post articles related to your field on LinkedIn. Properly and well research articles have the potential to open new gateways of opportunities. Sharing article on LinkedIn about your expertise will not only brighten your prospects but also will help in establishing you in the professional network.Its #millenialinabox advice column helps young professionals achieve a level of personal, business and financial fulfillment beyond their expectations. With the ever-changing business scenario prospects seems bright for the millennial having a degree and relevant work experience in their field of study.















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