Survey Shows Workforce Trends for Baby Boomers & Millennials

mature workerIf you’re in Generation Y or X, sorry but you’re not included in the findings conducted by CareerBuilder and Economic Modeling Specialists Intl.

They looked at jobs recovery specifically for workers approaching the end of their careers and Millennials who are embarking on them. According to the report, baby boomers hold a larger percent of jobs in science, technology, engineering and math (STEM) and Millennials have struggled to make their mark in the past four years.

Baby boomers holding jobs from ages 55 to 64 grew in nine percent from 2007 to 2013. That means 1.9 million more baby boomers have found employment. As for Millennials, they weren’t as fortune. Their employment in 2013 was virtually the same as it’s been since 2007.

Matt Ferguson, CEO of CareerBuilder, said in a press release the recession essentially prompted baby boomers to approach their job search differently from Millennials by the simple virtue of their stage of life.

“Confronted by weaker entry level job prospects, young professionals left the workforce in greater numbers or took lower paying jobs that didn’t take immediate advantage of their degrees.”