This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Monster-GfK Survey: Millennials Vs Baby Boomers (Graphic: Business Wire)

Stocks in this article: MWW

Monster.com, the worldwide leader in successfully connecting people to job opportunities and flagship brand of Monster Worldwide, Inc. (NYSE:MWW), and GfK, an independent global market research company, today released new survey data shedding light on millennial-aged Americans’ sentiment toward work and how they differ from their older colleagues in the workplace. While one may think careers would be valued most by Generation X or baby boomers, they are surprisingly valued most by America’s youngest generation. When it comes to having a Career vs. a Job, millennials aged 18-30 are the most positive (62%) that having a career is very much a reality in today’s work environment, even for America’s youngest workers.

Less than half (48%) of the original “Me” generation, baby boomers aged 51+, express confidence in the idea of a career being a reality. The data suggests an understanding of work that is defined by age and experience, highlighting the contrast of millennials’ hopeful, optimism-oriented point of view with baby boomers’ “been around the block” attitude.

Millennials also diverge from the more seasoned majority in how they approach the definition of the characteristics of a career versus a job. When asked to rate a series of attributes within the workplace to determine if it describes a career, a job or both equally, a majority of Americans indicated both jobs and careers equally provide a sense of personal accomplishment, lifelong earning potential, opportunities to make new contributions, and for alternate employment opportunities in the case of current job loss. However, the responses varied quite significantly in the context of careers and jobs exclusively. In the context of only careers, more than one third (37%) of millennials compared to only a quarter (26%) of baby boomers believe that a career provides a sense of accomplishment. In stark comparison, in the context of only jobs, virtually zero millennials, just 2%, believe a job can provide a sense of accomplishment. Here too the boomers indicate a different perspective, with nearly one tenth (9%) who attribute a sense of accomplishment to a job.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,461.67 +74.46 0.43%
S&P 500 2,040.09 +10.54 0.52%
NASDAQ 4,729.64 +48.1430 1.03%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs