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No, Millennials Aren't a Bunch of Job-Hopping Flakes (fastcompany.com)
From a report: Today, Pew researchers published findings that refute yet another stereotype about millennials that actual millennials find infuriating: the idea that they're job-hopping more often than other generations. According to Pew's analysis of recent government data, "college-educated millennials are sticking with their jobs longer than their Gen X counterparts."
I suspect this is the driving factor.
I am very small, utmostly microscopic.
You forgot to add "get off my lawn!".
On that note, why aren't baby boomers eating pho?
Very well; let this abomination unto the Lord begin!
This just in.. Pew Researchers find out yet another stereotype only applies to a small percentage of the group. I can't wait to see the non-millennial minds blown when they conduct more research and find out the following: - Millennials are mutli-racial despite being portrayed as upper middle class and white - Millennial work ethics vary greatly - Some are hard workers and others are not - Millennial spending habits are all over the map - Some are savers and some are spenders - Some Millennials voted for Trump (GASP) Every generation is different.. I just hope one outright identifier of our generation is our acknowledgement of our differences and ability to cultivate a society where our differences are respected. In other words, be more specific when trying to identify trends across groups of people.
--- We need more Ron Paul!
The problem with holding one job for too long in IT Support is that you make less money with 2% raises over time than someone who has short-term contracts at different companies. I ran into an old coworker a few years ago during a job interview. He was still making the same kind of money that I made when we worked together 10+ years ago, but the company wanted to pay me 40% more for doing the same work. Fortunately, I had three job offers to pick from and went for the higher offer from a contracting agency.
Baby Boomers!
To suggest that they job hop suggests that they have a job and aren't living at home in Mom's basement posting on Slashdot all day.
"That's the way to do it" - Punch
... you can't lump people into convenient stereotypes based on ! Shit we needed a study for that?!
Millennials actually seem to be quite conservative in terms of the financial risks they are willing to take. Not that surprising, they have been royally fucked by the Boomers and are facing some huge problems coming down the line (paying Boomer's pensions/healthcare, severe environmental problems and disorderly transition, student loans reaching critical mass etc.)
const int one = 65536; (Silvermoon, Texture.cs)
SJW, n: "Someone I don't like, and by the way I'm a fuckwit" - AC
I say this as a Gen-Xer.
My parents were in careers where you could reasonably be expected to work in the same company all your life. but things are different now. Not sure if the job market is more turbulent, or attitudes have changed. Perhaps this is a result of changes in corporate culture, or faster moving technology resulting in a lot of companies expanding, contracting, forming and collapsing. I get the impression that it was a similar situation for workers during the industrial revolution as well.
And companies are part of this change. If a department needs a new manager; they might consider hiring from the lower rank, but they're just as likely, if not more, to advertise from outside.
"On that note, why aren't baby boomers eating pho? [byrslf.co]"
Because it reminds us of Vietnam.
There are two factors at play here. One, employers these days no longer offer as many incentives that lead to employee retention, and instead treat them as a disposable "human resource" to be squeezed in the eternal quest to maximize profit. It's virtually impossible to find an employer with a pension plan any more, and even benefits such as retirement and health insurance are becoming increasingly rare.
All of those benefits were taken for granted 30 years ago. When I was growing up in the 80's, the assumption was that you go to college, get a degree, then immediately get hired by a company and start building your retirement savings and pension while slowly working your way up the corporate ladder within the organization. These days, that's not as common. The baby boomers had those things, and lived under the assumption that each generation would be a little more well off than the last. Thus we were all told that if we worked just a little harder, we'd be more successful at the American dream.
Second, the loss of benefits and the downward trend of wages meant that more of us in the gen-x/pre-millenial generation spent years trying to delude ourselves that those types of job benefits were "just around the corner" and that our current job was just a stepping stone to the career that would give us job security and retirement savings. Now the reality of the new economy has set in and the benefits are vanishing, and most millennials have realized that in many cases the job they have is as good as it's going to get. Switching employers is also getting harder because there is so much competition these days; an opening that at one time would get 20-30 applicants now receives hundreds of applications from people looking for that elusive career.
I think we even pioneered it. Late 90's up to around 2001 and then starting in 2003 people were spending 6 months to a year at a job and then looking for something else
As a Gen-Xer myself, I wasn't leaving my jobs, most of the time, the jobs were contracts or would end.
We didn't have stability like our parents before us or expect a wage hike without moving to another company.
Do the number separate the ones leaving vs those being let go?
My current position is the 1st in my career where I have made it past 5 years of service non-stop. I did work before in another field where I lasted more than 4 years but would end up on unemployment insurance every year for 3 months worth time more or less depending on production needs.
The increasing job tenure of college-educated millennials is consistent with a decline in employer switching among all working-age adults since the 1980s," Pew researchers point out. "The reasons for the decline are not well understood,"
I think it's pretty easy to understand why job hopping is on the rise.
1) Raises not keeping pace with salary for new positions
2) Companies no longer value employees with long term benefits
3) The instant gratification me, my, mine attitude of America.
You've got some Pew on your lip, there. No, there. NO, THERE.
"You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
On that note, why aren't baby boomers eating pho?
You're asking why the elderly at-risk generation who is statistically suffering from diabetes, heart disease, and obesity is not eating a bowl of salt?
Don't get me wrong, I like a good bowl of pho, but there are few dishes that you can ingest three days worth of sodium in less than 15 minutes. Go figure the generation who's probably been chastised by their doctor about shitty eating habits shuns it.
This is like asking why vegans aren't eating McDonalds.
When the recession hits (we're long overdue), it won't be the Hillary Recession.
I love pho, so clicked that article to find out why - and it's a millennial spouting garbage that has nothing to do with why baby boomers aren't eating pho except "they don't think eating pho will make America great again because they're Trump nazis."
The "research" methodology seems quite biased to me. They are comparing a VERY narrow window of GenX (the year 2000 during the dot com bust) to today.
That's not an apples to apples employment comparison.
It'll be the Obama Recession, obviously.
Are like the dog in that movie...talk to him, sees a squirrel and goes after that. most are just after the next big thing. They are chasing things, instead of building a career.
Poe's law strikes again. I honestly can't tell if this post is satire, or the result of reading a satirical article and completely failing to understand the concept of satire.
I am TheRaven on Soylent News
And they specifically excluded the self-employed.
The first generation to have degrees so they can work as baristas.
Not according to the history books.
That depends. It takes about 6 months to switch from one president to another economically. Technically we are still in Obama economy. Notice how in the last three months things have stalled, job growth is stalling, sales are down? That's the economy Trump is going to get to claim. Of course when it hits the fan he will blame Obama even though he has already taken credit for it.
i thought once I was found, but it was only a dream.
You're asking why
No. RTFL.
SJW n. One who posts facts.
college-educated millennials
Not like they have a choice in the matter given the cost of education...
Note: Workers refers to wage and salary workers. The self-employed are not included.
How much of the "gig-economy", the exact thing that we all believe causes shorter "tenure", is being excluded entirely? Certainly at least a couple percentage points, right?
Sincerely,
A Millenial
I am a millenial! You must be kidding if you think people are thinking "I better save my money because Social Security is gonna need it to pay the baby booomers!"
Under 30. Current place of employment has decent insurance, lots of PTO, 6% matching 401k, and a pension. 3 promotions in 7 years and I plan to be here for as long as I can manage it.
This stereotype is more of a software/IT sort of thing. Plus millennials don't know what a stable economy looks like, and are all afraid they won't find a job after their current one.
Someone's been bitten by the jealousy bug...
I'm not jealous. I feel sorry for the Millennials, as they will have to work and pay more in taxes to support all the retired baby boomers that will outnumber the workers paying taxes.
Why not link direct to Pew?
Millennials actually seem to be quite conservative in terms of the financial risks they are willing to take. Not that surprising, they have been royally fucked by the Boomers and are facing some huge problems coming down the line (paying Boomer's pensions/healthcare, severe environmental problems and disorderly transition, student loans reaching critical mass etc.)
Wouldn't it be nice if we could just kill those goddamned boomers - the cause of every problem, and the elimination of which would cause the world to enter into universal prosperity?
Here's how i see it. Remember "The Greatest generation?" The best people ever conceived and begat? I recall that at the same time as being best, they actually managed to cause a momentary downtick in the world's population, put us in various military actions in the far east, left us with burning rivers, put asbestos in our toothpaste, killed children with X-Ray machines for their feet, and a whole bunch of other stupid stuff that kinda puts the lie to the idea.
Short version is the evil Boomers did not have a pristine and perfect world handed to them that they fucked up just to hand it to the poor millenials, while they laughed all the way to the bank.
The evil boomers surprisingly enough, have corrected a lot of environmental problems as well. It's just not politically correct to admit that.
Pensions? Wow, I thought you were a liberal, Animojo! Most pension hate that I've seen is just the financial version of penis envy. Except the people without want to cut off the penises of those who do have one. But I digress
Back when I graduated and entered the workforce, it was tough for an unmarried male without military service to get a job. So it took a while for me to get started. I was a lifeguard at two places, a cable television lineman, a auto parts and traveling tire salesman, and a pizza chef.
What I wasn't, was whining about it.
And there is what I think is a real difference.
There are different circumstances that different generations of people are born into. I couldn't help that I stood a good chance of being drafted and sent to Vietnam to die. I couldn't help that when I graduated, the country was in a recession, and I had to work odd jobs until I found my career. I couldn't help so many things.
But I didn't declare defeat and cry about how mean the world was to me. Which seems to be the state of the millenials - at least those I know personally. And whom fit the meme.
And therein lies the difference.
The shepherds did so well protecting the flock that the sheep no longer believed that wolves existed.
Your fallacy is that you think he doesn't want you to die early...
We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
That sense of entitlement is stunning, isn't it?
Be a dear, pass the caviar, and ring for the bus boy.
We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
Not to mention that he managed to piss off everyone abroad so tourists stay away and companies don't really feel like dropping money onto a country that is quite hostile to everything foreign, even if it's money.
We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
You must be kidding. No one is thinking about pension/SS/healthcare crises when planning their daily budget. No one.
I did, and I do. I do understand that a lot of people don't. I also understand why so many people get themselves into financial deep yogurt too. I was working my retirement strategy when I was in my mid 20's.
And Millenials certainly aren't thinking "I won't buy that new iPhone because the SS trust fund is going to need my tax dollars in 20 years".
True - very few if any are. And that's a real problem. But that's no different than young people of any generation. With my generation, it was that "Inflation is going to make my money and savings worthless, so why save?" So we drove our Escalades and refinanced our McMansions. We maxxed out our 5 credit cards, and somehow believed that 50 year mortgages would work.
Well, some of us anyhow.
The shepherds did so well protecting the flock that the sheep no longer believed that wolves existed.
"On that note, why aren't baby boomers eating pho? [byrslf.co]"
Because it reminds us of Vietnam.
Jeezuz Christ, that was brutal.
Pretty accurate too. 8^0
The shepherds did so well protecting the flock that the sheep no longer believed that wolves existed.
And with good reason. Boomers are the generations that had it all. What's not to be jealous for?
I myself am a GenX. And I sure as fuck don't envy Millennials. Boomers are retiring, and we're fewer than they were, so we will probably (maybe...) have a job 'til retirement. And with a bit of luck there will even be money left for us to enjoy our retirement.
The Millennials get to pay the bill for it. Because they again are a pretty strong cohort with fewer jobs to go around, lots of debt weighing down their back, shitty jobs ("generation internship") ahead of them and retirement possibilities being at best a wet dream.
If I were them, I'd simply nuke the shit and hope that I'll survive the reboot. Because the way it is, they sure are the altar boy in a catholic seminar. No matter what they do, they'll get fucked.
We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
I agree with what your saying, the only difference is between you and millennials is that you were taught not to put your personal stuff out there for others to see. You rarely heard about teenage pregnancy, or anything like that because if something go out everyone in your area knew about it and it was a scandal, or you only heard about the big stuff on the news. Plus you were probably raised that if you whined about anything then you would be considered a pussy. Where as the kids these days were brought up with facebook, and snapchat, and everything needs to be put out there because everyone else is doing it. There is just alot more noise now then with previous generations.
And Millenials certainly aren't thinking "I won't buy that new iPhone because the SS trust fund is going to need my tax dollars in 20 years".
It's 13 years, not 20 years. All the baby boomers are supposed to be retired in 2030, retires will outnumber workers, and two-thirds of the federal budget will go to Social Security/Medicare. I kept 2030 in mind since I read a study after the dot com bust that the IT industry will have a shortage of 1M workers (recent studies peg it at 1M+ workers). When I became a lead video game tester, I got my IT certifications and went back to school to learn computer programming, and got into IT support. Looking forward to making a whole lot more money in 2030 and beyond.
Some of us are hoping to buy a home, but the idea of always-available equity isn't the safety net it used to be.
My 60-year-old brother can't retire because his mortgage is underwater and has to keep on working until real estate prices return to insane values. Then again, the mortgage will probably be paid off when his 40-year-old wife retires.
And since they don't do that, I move to greener pastures when necessary. Right now, I am in a very good position, great work-life balance, good money, good training opportunities and general satisfaction.
If that's not what you got, get the hell out and move on! Loyalty where it belongs, I am loyal to an employer that treats me like an asset. I certainly am not to an employer that treats me like some expendable tool.
We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
First of all, I don't subscribe to any of the millennial bashing as generalizing this way is pointless. OTOH 2000 was the peak of the internet go-go years and job availability/mobility was very high. 2016 not so much....
love is just extroverted narcissism
Dude, where's your usual slew of unrelated links? It's like you're hardly trying any more.
SJW n. One who posts facts.
It's mostly millennials who buy Apple's products. Without them camping in a line around the Apple store when the new iSuck comes out, Apple would be out of business
Millennials make up about 30% of iPhone owners. Half are Gen X or older, and the rest are kids. Millennials are certainly not the majority of Apple customers. iPad demographics are a little older than iPhone users, as are most other non-phone products.
-- All that is necessary for the triumph of evil is that good men do nothing. -- Edmund Burke
Yeah, holding people accountable for their actions is SOOOOO 1950s amirite
Right, all but the millennials, they don't need to be accountable at all. All they have to do is whine about how no generation ever has had it so bad.
The best thing about the coming World War Three is that these folks will look back to the time when they were so abused rather fondly as they scrape through landfills in hope of some food.
The shepherds did so well protecting the flock that the sheep no longer believed that wolves existed.
Dude, where's your usual slew of unrelated links? It's like you're hardly trying any more.
You mean those factual links that you never look at, then whine incessantly over when someone else points out that they're factually accurate. Then run away, until a later time like this, where you whine over something instead of adding something to the discussion.
Don't worry, you can find them over on statcan.gc.ca Unless of course you think that official government statistics aren't factual...like you usually do.
Om, nomnomnom...
Don't worry, you can find them over on statcan.gc.ca Unless of course you think that official government statistics aren't factual...like you usually do.
aaaah :)
Glad to see you're back!
I like how you've linked to the general statistics for Canada site, and not actually to the stats that'd prove your point. Why not just go up a level of abstraction and simply say "it's on the internet". Or even further "the truth is out there".
SJW n. One who posts facts.
The reason why millenials are demonized and discriminated against is because it's a lot easier to find a convenient scapegoat than to solve real problems. It's just classic dysfunctional behavior. In fact, I would say millenials are more brave about engaging in conflict about legitimate issues in our society and workplaces that are truly wrong and need to be fixed. They're armed with more knowledge and can't just be bullied into submission with a bunch of pseudo-intellectualist talk.
Would it surprise you to know that I, myself, am not a millenial? Here's what I have to say about typical "older people". If the music is too loud, you're too old. It's time for the old, obsolete ways of doing things that don't work in modern society to be put out to pasture. If that means old people need to go into nursing homes, don't let the door hit you on the ass on the way in. You either embrace evolution and progress or you get left behind. Your choice. Choose wisely.
We'll make great pets
In 2000, it was the culture to move quickly from job to job to bump your pay. I didn't and watched my friends' salaries rise 50% or more beyond mine. In 2017, you're pretty darned lucky to just have a good paying job, so you stick around. It may be a culture of fear, but it's a better overall environment.
We didn't have stability like our parents before us or expect a wage hike without moving to another company.
Correct. It's a venture capitalist world. They just incubate companies until they can cash out and then it's "See you l8r!" and off to do it again and again and again. There is no such thing as a long term engagement anymore. The venture capitalists made that a thing of the past. You reap what you sow bitches!
We'll make great pets
They also sleep, breathe, eat, and drink fluids about as often as the previous generations did, but you don't see any articles suggesting Millennials breathe an awful lot. Millennials are only flaky inasmuch as they are apparently on par with how flaky previous generations were, yet for some reason the narrative surrounding Millennials is that they are flaky to an extent not seen in previous generations, even though the data doesn't back that up. Why is that?
We like to feel as if we have control of the things surrounding us, and one of the ways that we do that is by putting simple labels on complex subjects in an effort to make sense of them. In many cases, our stereotypes are based on outliers from the group or a bad first impression. Confirmation bias reinforces those stereotypes. Our desire to be right prompts us to ignore evidence to the contrary, particularly when those stereotypes make us feel superior in some way. As if those factors weren't already enough, we then have business models that revolve around pushing salacious narratives, such as clickbait journalism that thrives on pandering to the lowest common denominator in order to generate the most pageviews.
Around and around all of this spins, perpetuating stereotypes that have little or no basis in reality.
Mind you, I'm someone who has been at his current place of employment for over 5 years...despite being labeled as "Gen X", "Gen Y", and "Millennial" since my birth 33 years ago. The fact that they can't even figure out what to label me should tell you that the labels are imprecise at best. And, to say the least, I wouldn't suggest holding your breath for me to begin embracing the "gig economy", feeling entitled to have anything I want with no effort, or burying my face in my phone to the exclusion of the people around me, despite the notion that those are the traits that define everyone in my (currently assigned) generation.
Maybe, just maybe, I'll keep being the person I am, just like most everyone else, regardless of what inaccurate stereotypes others--such as yourself--insist on applying to us.
Correct. It's a venture capitalist world. They just incubate companies until they can cash out and then it's "See you l8r!" and off to do it again and again and again. There is no such thing as a long-term engagement anymore. The venture capitalists made that a thing of the past. You reap what you sow bitches!
Actually, for Gen X, the problem was that the baby boomers were holding onto the jobs for so long that there were no places for us it seemed. We were even seen by some medias as being the generation with no hope.
Donald has been claiming that he, personally, is responsible for the increase in the stock market, since he was made the RNC candidate for President.
Sleep your way to a whiter smile...date a dentist!
Citation needed. The Millennials I know have Android phones (and may run alternative firmwares), and all the people I know with iPhones are Xers and up.
I'm sorry, but as an Xer myself, I have much more respect for the Millennials than my own generation. My generation seems to be chock-full of people who absolutely refuse to manage their finances properly, and feel entitled to living like kings even when they don't earn enough money to afford all the luxuries they crave. Then they get mad and blame the "Mexicans" and vote for Trump when the problem is really their own stupid life choices.
I think the real issue here is a broadly accepted custom to demonize benign behavioral preferences and make broad generalizations to get better effect. I mean why does any of this matter, the immigration, job hopping it was homosexuality before that. I'm just disappointed that this question needed to be asked.
Just in time for it all to have been offshored, eh?
The other half of that study is all the foreign workers going home. They already went home for the skilled construction trade, and, with kids being pushed into college, no one to replace an aging workforce.
If there is a world war 3, it will be caused by baby boomers. None of which will be victims(the baby boomer creed, do terrible things but make sure we are insulated)
All those retired boomers are more mysterious and powerful than even the Illuminati, eh?
The shepherds did so well protecting the flock that the sheep no longer believed that wolves existed.
One industry can be booming while others aren't, because they aren't. It all stems from the shifting of priorities and money. It is the boom and bust cycles that everyone should eventually see as a constant with Capitalism. Money is removed from a specific industry during boom times and paid out to investers (the wealthy, predominantly) instead of being banked in order to allow the industry to better weather the bust times. The non-wealthy eat the losses through cuts and other scale-backs within the industry while the wealthy are not and are taking more money from them in another industry's boom time. So, while you may be doing well now, know that your time will come again when your industry cycles back to bust unless you are among the few that make money through money and not real work.
.
Landfill Mining Co.
Managing the (Un)natural Resources of Tomorrow
With that bullshit going on around your airports, certainly not.
We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
Wow, that is a whole lot of hatred that millennial has for their elders. It's almost as if they are taking a massive group of people they consider outsiders and projecting everything that inconveniences them and everything they hate upon that group of outsiders. Sounds a lot like this one guy they taught about in history class with an odd mustache who hated everyone who shared a religion with his parents.