3 Reasons why Millennials can't find their perfect job -
HITESH RAMCHANDANI
HITESH RAMCHANDANI
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
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.
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.
Keynote Speaker in India | Inspirational Speaker in India
Resource Link : https://inspirationalspeakerinindia.blogspot.com/2019/01/3-reasons-why-millennials-cant-find.html
Resource Link : https://inspirationalspeakerinindia.blogspot.com/2019/01/3-reasons-why-millennials-cant-find.html
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