StormX
Banned
Brian Alunan has nothing to show for the 150 applications he has submitted to Sacramento area employers over the last few months. No bites, no interviews, no job. Alunan is 29, and lives with his parents. His work history is spotty. His unemployment benefits have ended. The bank is about to take his car.
Alunan is a “millennial,” one of 700,000 residents in the Sacramento region born between the early 1980s and early 2000s.
“The economy, they say it’s recovering,” said Alunan. “But I don’t know what it takes to get work these days. Give me a chance. Give me a call, interview me.”
If every generation is supposed to be better off financially than the one that proceeded it, Sacramento “millennials” have a lot of catching up to do.
The region’s millennials are more likely to be unemployed as young adults and live in their childhood home than their parents and grandparents were at the same age, according to a review of census data. And millennials between the ages of 18 and 31 are less likely than previous generations were, in that age range, to earn more than $40,000 annually, own a house, be married or have children.
Several experts said the economy is the primary culprit. Many millennials graduated from high school or college during the Great Recession and had trouble finding work. Others were just getting started as professionals and were the first laid off during the economic downturn.
Almost 20 percent of millennials ages 18 to 31 in the Sacramento region were unemployed in 2012, according to the latest census data. Nationwide, the unemployment rate among millennials in that age group was about 14 percent in 2012.
By comparison, the parents of millennials, popularly known as Generation X and born between the early 1960s and early 1980s, did much better when they were young adults. In the Sacramento region, their unemployment rate in 1990 was 8 percent.
And for the grandparents of millennials, the “Baby Boomers” born between the early 1940s and early 1960s, the unemployment rate among young adults in 1970 was about 9 percent. “People of this generation are faced with the vivid reality that they may not do as well as their parents did,” said Vicki Smith, professor of sociology at UC Davis. “They were raised with the expectation that they could do anything they wanted, that they should do what they love. It causes confusion for them.”
Beyond the economy, a popular Internet trope these days is to blame millennials for their situation. Millennials, this theory goes, are restless, spoiled and expect the world to lie gently at their feet. Alec Levenson, a senior research scientist at the University of Southern California who has written extensively about generational impact on work and earnings, said such arguments are predictable – and wrong. Every generation, in its youth, is derided by those who came before, he said. The millennials just happened to come of age during a bust, and a lot of them busted. “This has absolutely no association with people’s approach to work,” he said. “It’s just being in the wrong place at the wrong time.”
Many millennials are stuck because employers look at their work history and aren’t willing to take a chance, Levenson said. Employers can’t immediately tell from an application whether candidates who are unemployed lost their jobs due to the economy or because they were lousy workers. So they tend to pick people without employment gaps, he said.
As time passes, the problem magnifies. Employers start to wonder why applicants haven’t been able to find work: Is something wrong with them?
Read the rest
http://www.sacbee.com/2014/04/25/6352579/no-job-no-house-no-kids-welcome.html
LOL
You get what you voted for...just think when Obama lets all the illegals in under amnesty, they won't even be able to find a job flipping burgers at McDonalds.
Alunan is a “millennial,” one of 700,000 residents in the Sacramento region born between the early 1980s and early 2000s.
“The economy, they say it’s recovering,” said Alunan. “But I don’t know what it takes to get work these days. Give me a chance. Give me a call, interview me.”
If every generation is supposed to be better off financially than the one that proceeded it, Sacramento “millennials” have a lot of catching up to do.
The region’s millennials are more likely to be unemployed as young adults and live in their childhood home than their parents and grandparents were at the same age, according to a review of census data. And millennials between the ages of 18 and 31 are less likely than previous generations were, in that age range, to earn more than $40,000 annually, own a house, be married or have children.
Several experts said the economy is the primary culprit. Many millennials graduated from high school or college during the Great Recession and had trouble finding work. Others were just getting started as professionals and were the first laid off during the economic downturn.
Almost 20 percent of millennials ages 18 to 31 in the Sacramento region were unemployed in 2012, according to the latest census data. Nationwide, the unemployment rate among millennials in that age group was about 14 percent in 2012.
By comparison, the parents of millennials, popularly known as Generation X and born between the early 1960s and early 1980s, did much better when they were young adults. In the Sacramento region, their unemployment rate in 1990 was 8 percent.
And for the grandparents of millennials, the “Baby Boomers” born between the early 1940s and early 1960s, the unemployment rate among young adults in 1970 was about 9 percent. “People of this generation are faced with the vivid reality that they may not do as well as their parents did,” said Vicki Smith, professor of sociology at UC Davis. “They were raised with the expectation that they could do anything they wanted, that they should do what they love. It causes confusion for them.”
Beyond the economy, a popular Internet trope these days is to blame millennials for their situation. Millennials, this theory goes, are restless, spoiled and expect the world to lie gently at their feet. Alec Levenson, a senior research scientist at the University of Southern California who has written extensively about generational impact on work and earnings, said such arguments are predictable – and wrong. Every generation, in its youth, is derided by those who came before, he said. The millennials just happened to come of age during a bust, and a lot of them busted. “This has absolutely no association with people’s approach to work,” he said. “It’s just being in the wrong place at the wrong time.”
Many millennials are stuck because employers look at their work history and aren’t willing to take a chance, Levenson said. Employers can’t immediately tell from an application whether candidates who are unemployed lost their jobs due to the economy or because they were lousy workers. So they tend to pick people without employment gaps, he said.
As time passes, the problem magnifies. Employers start to wonder why applicants haven’t been able to find work: Is something wrong with them?
Read the rest
http://www.sacbee.com/2014/04/25/6352579/no-job-no-house-no-kids-welcome.html
LOL
You get what you voted for...just think when Obama lets all the illegals in under amnesty, they won't even be able to find a job flipping burgers at McDonalds.