NEW YORK (MainStreet) -- Even if new graduates are lucky enough to find a job after graduation, most won't last more than a year.

A new report from staffing firm Express Employment Professionals showed that 77% of franchises surveyed said they expect a new college graduate to stay at the company for less than one year. Plus, just 23% suspect graduates will remain in their position for more than a year.

"Many in the Millennial generation are taking jobs that they are over-qualified for and thus are eager to move on when something better appears," said Bob Funk, CEO of Express, and a former chairman of the Federal Reserve Bank of Kansas City. "Second, we've seen a decrease in employees' commitment to employers as a higher value is placed on personal advancement."

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