No longer the good ol' days of job searching

09.25.2012


No longer the good ol' days of job searching
No longer the good ol' days of job searching

When younger generations complain they don't know what it's like to grow up in the modern world, it's often passed off as a lack of wisdom. However, when it comes to finding a job, it appears different generations have very different ways of finding employment, Time Magazine reports.

According to the news source, evidence has surfaced that Millennial Generation, or those born roughly in the last 30 years or so, views and goes about the job search markedly differently than the older Generation X or Baby Boomer eras. One of the most intriguing differences is the confidence with which millennials go into a job search, despite the numbers and statistics that are hardly in their favor, and show millennials are much more likely to be underemployed or unemployed.

Of these three generations, the millennials are the most confident in their abilities to find a job, with about 9 in 10 million job seekers, or 88 percent, describing themselves as optimistic.

Such were the findings of a recent study called "The Multi-Generational Job Search," conducted by Beyond.com. To perform the survey, the website heard from 5,286 Americans who were actively looking for a job - a group comprised of 742 millennials (18-29) 1,676 Gen X members (30-47) and 2,850 Baby Boomers (48-67).

According to Time, the study did find that different generations can indeed stand on some common ground when it comes to finding a job. All respondents said they spent between 5 and 20 hours per week on the job search, and all generations predominantly use the internet to perform their search. This comes in stark contrast to just 10 years ago when social networks were not a part of the search at all.

Online job boards remain the primary resource for finding a job, with 87 percent of Baby Boomers and 77 percent of Millennials using them to find open positions.

But the differences appear to outweigh the similarities when it comes to how different generations find a job. Millennials are clearly the most optimistic, and are the most willing to do whatever is necessary to get the ball rolling on a certain career, which may include going back for an advanced degree, taking a risk and starting their own business or saving money by living once again under their parents' roofs.

Gen X job seekers, which are increasingly living in homes with families and children, say job security is one of the most important factors, and may have suffered the most disheartening job searches in the current economic climate. A startling 72 percent of Gen X job seekers say they were stressed over their unemployment, as it was affecting their abilities to feed and provide for others and pay mortgages.

In what very well could be the most surprising finding from the survey, the Baby Boomer generation is using social networking - most notably LinkedIn - the most to find a job, with 29 percent saying they used in their search, compared with 23 percent of Millennials and 27 percent of Gen Xers.

According to CBS News, more people who have been laid off are turning to the online network to reconnect with old business partners, contacts, acquaintances or anyone that could improve their chances of finding a job. Baby Boomers are leading the way in perfecting LinkedIn resumes and profiles, too, which is crucial for finding a job in today's market.

It is certain, however, that no matter what generation you belong in, the hiring environment is changing in America, requiring job seekers to adapt along with it. 

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