Why young people are saying ‘no’ to the workforce

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“You’re more answerable than you were before,” said Galston. “You can’t just drift around.”

Giving up: Changing workplace trends have meant fewer opportunities for those just starting out. A major one: the baby boomers delaying retirement. They’re also living longer, and they’re realizing they may not have stashed away enough money for retirement

As a result, they tend to hold on to their jobs.

The percentage of the people aged 55 and over in the workforce has gone from just over 30 percent in 2000 to over 40 percent currently, according to BLS.

The result is fewer opportunities on the lower end of the job ladder, which has kept a lot of millennials on the sidelines.

 

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