Dive Brief:
- A study by the Job Applicator Center found that industry-specific developments and advancing technology are changing career opportunities across the board. Employment trends, especially among millennials, have shifted as a result.
- The survey found that 41% of millennials expected to be in their current job for two years or less, 91% of millennials admit that job-hunting fresh out of college was hard and one in three respondents weren’t confident that their employer would recognize their loyalty.
- The Job Applicator Center says that work-life balance is a major benefit for employees, and that having access to other benefits like family leave and mental health support is comforting to many.
Dive Insight:
Millennials in the survey are right when they said job-hunting after graduation is difficult. Employers recruit skilled workers to fill even entry-level positions, often overlooking the potential of recent graduates.
There's good news for the Class of 2016, however: They can expect a higher salary compared to their 2015 counterparts. This is especially true for graduates in STEM fields, like computer science.
Employers might help college graduates get into the workplace by bringing them onboard as paid interns, training them and giving them mentors. In industries with significant skill gaps, and therefore a need to find skilled talent quickly, apprenticeships have also proven successful.