Millennials shun traditional careers for Tech start ups
New research by a global company have found that more and more millennials are shunning traditional careers in favour of tech savvy start-ups.
Research conducted by the Indeed Hiring Lab has found that millennials, those aged between 21 and 30 years old, are shunning more traditional employment career paths in favour of roles in more creative fields like Technology and Design. The research looked to compare the differences between millennials, baby boomers, aged between 51 and 70, and Gen Xers who were aged between 31 and 50.
It was little surprise to find out millennials were approaching job hunting with technology on their side. The research found that 73% of job search queries were from mobile devices. This was behind Gen Xers, with 75% of queries from mobile devices, but only 51% from the Baby Boomers, who opted for desktops instead.
Another interesting discovery made was the highest searched query among millennials was 'bank', despite wider industry trends indicating that 21 to 30 year olds were rejecting the Banking sector, instead opting for support and technology roles in the industry.
Chief Economist at Indeed, Tara Sinclair, believes this research must be put into historical context. Sinclair said 'The varying level of interest in specific sectors must be considered against the backdrop of the types of jobs that employers are offering. There are many more Millennials looking for jobs in business and finance compared to Baby Boomers, far outstripping current opportunity in this sector. On the other hand, we can expect to see skills shortages in trade professions, with interest dropping steadily down the generations.'
Sinclair continued and 'Governments are generally forced to be reactive to employment trends. However, developing a full picture of the generational landscape in this way helps us to understand and forecast potential skills gaps and shortages.'
'This insight is invaluable for employers, who can begin to adopt strategies to navigate through these shifts. For example, it may be that they should consider their recruitment strategy with a view to tapping into potential pockets of talent in other markets – our research showed that 9% of job seekers across the world are already searching for jobs in another country.'
By James Howell
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