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Millenials, or individuals who are part of the Millennial generation, are those born between 1980 and 2000. There are approximately 76 million Millenials in the United States today. They are also known as the Net generation because they cannot remember a time before the advent of the Internet. As a result of growing up with the Internet as well as smart devices, Millennials are the most technologically savvy generation in our history.

It’s a scary time for Millenials to be graduating. According to the Wall Street Journal, about 284,000 Americans with college degrees were working minimum wage jobs last year. That’s 70% more than 10 years ago. In 2011, 47% of college graduates were working in jobs that didn’t require a bachelor’s degree and 30% had jobs that didn’t require a high school diploma, according to The Center for College Affordability and Productivity. The US Labor Department reports that the current college unemployment rate is 13.1%.  And, according to Forbes, 60% of recent college graduates are either unemployed or underemployed. In fact, according to Harvard University, just 6 out of 10 Millennials have jobs and half of those are part time.

But here is another interesting fact. Most Fortune 500 companies are working desperately to develop or have already implemented workforce plans targeting new graduates. These plans call for companies to have 10-50% of their total workforce comprised of new graduates by 2015. So, where is the disconnect?

The supply and demand are both there. The missing element is the ability of the graduating students to target their employers of choice and to showcase and sell themselves successfully. That is the reality. Great kids are missing out on great jobs each and every day. Companies are investing millions of dollars each year in an effort to determine how to hire, manage and acclimate this population into their workforce. Hiring Millennials is not about competence; it’s about attitude and aptitude. It’s imperative for Millenials to make hiring managers feel confident enough to extend an offer of employment. This can be achieved through coaching.

Career coaching is an investment in your child’s personal and professional wellbeing. The stress level of graduates who are unemployed or underemployed is substantial. Coaching is a contribution to their financial freedom and future. You’ve invested in them this far so take the final step and help them to become fully independent and officially off your payroll. It’s a win for you and a gift that will last them a lifetime.

Contact Us

Jennifer Carmichael
Carmichael Career Coaching
6860 North Dallas Parkway
Suite 200
Plano, Texas 75024
(M) 214-551-9093
(W) 972-265-7981
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