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There are almost seventeen million millennials (Generation Y) in the UK. They will shortly become the largest demographic group in the country according to Statista, a European statistics portal. And this year, (2020), millennials (1981-1996) are forecast to make up 35 per cent of the global workforce. With these statistics, hiring managers and companies must sit up and take notice.
We’ve all heard the negative stereotypes about Millennials – they are lazy and don’t want to work hard, just to name two. With this cohort of the population making up nearly 50% of the workforce in 2020, it is more important than ever to debunk these stereotypes, and ensure that companies are effectively attracting, and retaining this talent pool to build a sustainable business for the future.
“When you’re looking for a new job, many resources are available to you, including job boards, company websites, and recruitment agencies. These, however, represent only a small fraction of the vacant jobs in the economy at any time: Most jobs are never advertised. This is the “hidden job market”, and knowing how to navigate it can make all the difference in your job search.”