By 2020, Millennials will make up 35% of the global workforce. ManpowerGroup’s global research found Millennials work as hard, if not harder than other generations, and are optimistic about their careers. They prioritize money, people and purpose. With career ultramarathons ahead, Millennials are focused on developing the skills to ensure their employment security and build a "career for me."
How confident are Millennials about their career prospects?
Millennials are surprisingly upbeat about their careers. Two thirds are optimistic about their immediate job prospects. Sixty-two percent are confident that if they lost their main source of income tomorrow they could find equally good or better work within three months. Overall, Millennials in Mexico, China, Switzerland and Germany are the most positive, while those in Japan, Greece and Italy are the least—a reflection of economic, political and cultural factors in these countries. The majority of Millennials see a promising future and successful careers ahead.
By 2020 Millennials will make up over a third of the global workforce. Through our research we wanted to understand how different they are or aren’t from generations before them and offer practical advice to help both Millennials and employers succeed in the changing world of work. We found the time is ripe for employers to take a fresh look at their people strategies in order to better attract, retain and develop the next generation of workers. Explore this site and download the paper and infographic below to see our research.