Articles

Scary Stats

01 (164)I was recommended to read The End of Membership As We Know It and told to go to www.xyzuniversity.com to find it.  I found it, ordered and will report on it in a couple of weeks.

Meanwhile, let me share a few Scary Statistics from their site.

A culmination of Scary Stats as presented by XYZ University:

  • By 2015, the majority of the workforce will be in their 20s. (source)
  • 1 in 3 college students and young professionals under age 30 prioritize social media freedom over salary in accepting a job offer. (source)
  • On average, 10,000 Baby Boomers retire every day. (source)
  • Nearly 60% of Generation Y has switched careers at least once already. (Pew Research Center, A Portrait of Generation Next, 2010)
  • By 2015, Generation Y (1982-1995) will outnumber Baby Boomers in the workforce. (source)
  • 70% of college grads leave their first job after graduation within two years. (source)
  • 70 million people in the U.S. belong to the Millennial generation. (source)
  • Globally, by 2020, there will be 90 million permanently displaced unskilled workers. (source)
  • Women are not expected to earn the same wage as their male counterparts until 2016. (source)
  • Last year, more than 48 million people changed jobs. (source)
  • 75% of employed Americans are currently looking for jobs. (source)
  • 50% of human resource departments have not adjusted recruiting in the past 3 to 5 years. (source)
  • In the U.S., employees spend an average of 13 hours during the workweek worrying about what their boss says or does. (source)
  • 86% of organizations report bad behavior like insults and poor manners lead to work stress. (source)
  • Nearly 84% of associations report that getting members involved with advocacy efforts is a major challenge. (source)
  • Only 1/3 of Millennials say their current job is their career (source)
  • 3 out of 5 students expect to be able to work remotely (source)
  • 60% of Millennials don’t feel they make enough money (source)
  • The average worker wastes 2.09 hours per 8-hour workday, not counting breaks or lunch (source)
  • 25% of middle class American say they’ll need to work past retirement age (source)
  • In fewer than 10 years, nearly half the working population will be Millennials (source)
  • 43% of Millennials think they could easily find another job if they lost their current one (source)
  • 25% of nonprofit employees under age 55 expect to leave their jobs in a year; 40% within 2-4 years(source)
  • The proportion of working 65-69 year olds in the US has risen from nearly 18% in 1985 to 32% in 2011 (source)
  • By 2020, 46% of all U.S. workers are predicted to be Gen Y (source)
  • 30% of Gen Y started a business in college (source)
  • The Millennial unemployment rate is at 13.1%, above the national average of 7.8% (source)
  • 32% of people say they waste time at work because there is no incentive to work harder (source)