Wednesday, March 10, 2010

A look at Millennials

This Washington Post article asks the question whether Millennials will become the chump generation. I don't know the answer to that and chump may be a strong word but according to Pew Research 37 percent are unemployed or out of the labor force and only 41 percent have a full time job. The economic downturn has hit them hard and Millennials are not known for their engagement with whatever company is employing them. After all, this is the generation that watched their parents, after years of loyalty to their employers, get downsized. Pew's findings are alarming though when you consider that this generation is a significant portion of the labor force.


Haiku King said...

I discovered a long time ago that every generation has its critics who think that it won't amount to much. And somehow every generation as a whole survives and makes its contribution to society. The Millennials will do well. Just remember what they said about the baby boomers in the sixties.

T. T. Douglas said...

How true, how true. Each generation has its own unique contribution as well as its critics. I have worked with a few and they are lightning fast and good at what they do. They are definitely more mobile in business than their predecessors. Thanks for the comment.

Haiku King said...

The following quote is attributed to Socrates by Plato:

"The children now love luxury; they have bad manners, contempt for
authority; they show disrespect for elders and love chatter in place
of exercise. Children are now tyrants, not the servants of their
households. They no longer rise when elders enter the room. They
contradict their parents, chatter before company, gobble up dainties
at the table, cross their legs, and tyrannize their teachers."

As I said earlier, every new generation is criticized by the elder generations and yet each generation overcomes its weaknesses.