Scary Workforce Stats

As a next-generation research and consulting firm, we are the experts organizations look to for recent statistics and trends related to the generation gap and leadership development.

Our workforce is changing. Rapidly. Struggles abound in areas of dwindling workforce (retirement), lack of leadership and business cultures that are not suitable for the next-generation of employees.

In our ongoing research to provide the most relevant information to our clients, we have developed a list of statistics related to the workforce to get you thinking and moving forward; making a plan for your future and the future leaders of our country.

A culmination of Scary Stats as presented by XYZ University:

  • By 2015, the majority of the workforce will be in their 20s. (source)
  • 1 in 3 college students and young professionals under age 30 prioritize social media freedom over salary in accepting a job offer. (source)
  • On average, 10,000 Baby Boomers retire every day. (source)
  • Nearly 60% of Generation Y has switched careers at least once already. (Pew Research Center, A Portrait of Generation Next, 2010)
  • By 2015, Generation Y (1982-1995) will outnumber Baby Boomers in the workforce. (source)
  • 70% of college grads leave their first job after graduation within two years. (source)
  • 70 million people in the U.S. belong to the Millennial generation. (source)
  • Globally, by 2020, there will be 90 million permanently displaced unskilled workers. (source)
  • Women are not expected to earn the same wage as their male counterparts until 2016. (source)
  • Last year, more than 48 million people changed jobs. (source)
  • 75% of employed Americans are currently looking for jobs. (source)
  • 50% of human resource departments have not adjusted recruiting in the past 3 to 5 years. (source)
  • In the U.S., employees spend an average of 13 hours during the workweek worrying about what their boss says or does. (source)
  • 86% of organizations report bad behavior like insults and poor manners lead to work stress. (source)
  • Nearly 84% of associations report that getting members involved with advocacy efforts is a major challenge. (source)
  • Only 1/3 of Millennials say their current job is their career. (source)
  • 3 out of 5 students expect to be able to work remotely. (source)
  • 60% of Millennials don’t feel they make enough money. (source)
  • The average worker wastes 2.09 hours per 8-hour workday, not counting breaks or lunch. (source)
  • 25% of middle class American say they’ll need to work past retirement age. (source)
  • In fewer than 10 years, nearly half the working population will be Millennials. (source)
  • 43% of Millennials think they could easily find another job if they lost their current one. (source)
  • 25% of nonprofit employees under age 55 expect to leave their jobs in a year; 40% within 2-4 years. (source)
  • The proportion of working 65-69 year olds in the US has risen from nearly 18% in 1985 to 32% in 2011. (source)
  • By 2020, 46% of all U.S. workers are predicted to be Gen Y. (source)
  • 30% of Gen Y started a business in college. (source)
  • The Millennial unemployment rate is at 13.1%, above the national average of 7.8%. (source)
  • 32% of people say they waste time at work because there is no incentive to work harder. (source)
  • 26% of all Americans 46-64 years old have no personal savings. (source)
  • 9,200 Americans will turn age 65 each day during 2013. (source)
  • 1/3 of 25-29 year olds with college degrees move into a low-skill job after graduation. (source)
  • The median net worth for householders under 35 dropped by 68% from 1984 to 2009. (source)
  • Only 22.9% of associations have a plan in place to engage the next generation. (source)
  • 64% of Millennials don’t even list their place of work in their Facebook bio. (source)
  • Fewer than 15% of Fortune 500 executives are women. (source)
  • 18% of employees are looking for new job opportunities in the next 3 months. (source)
  • More than half of 18-44 year olds are looking for a job with a company that offers flexible work options. (source)
  • 30% of employees consider job growth a major factor when considering a job offer. (source)
  • 40% of new employees say company moral not what they expected. (source)
  • Baby Boomer retirement is the number one driver of  the sale of  small businesses. (source)
  • Underemployment rate for 20-24 year olds is over 18%. (source)
  • 45% of 18-34 year olds use a mobile device to research big ticket products before buying. (source)
  • One in five associations say their members join because they have to, not because they want to. (source)
  • 46% of people spend time at work looking for other jobs. (source)
  • College graduates holding jobs that don’t require degrees jumped to over 50% last year. (source)
  • Over half of associations only follow up with 1-3 touch-points as membership renewal approaches. (source)
  • Gen Z will be entering the workforce in the next few years. (source)
  • By 2020 there will be 5 generations in the U.S. workforce. (source)
  • Fewer than 1 in 3 American workers are committed to the success of their organization and are engaged in their work. (source)
  • In 42% of cases, high performing employees are less engaged than the low performers. (source)
  • 72% of Millennial workers at a “regular job” say they want to quit, and 62% say they will in the next 2 years. (source)
  • 40% of Gen Y thinks blogging about workplace issues is acceptable. (source)
  • 1 in 4 Baby Boomers will never retire. (source)
  • Only 61% of Generation Y is white compared to 73% of Baby Boomers. (source)
  • 27.9% of association members say they have no interest in volunteering. (source)
  • 31% of people lie on their resumes. (source)
  • It costs employers between $15K and $25K to replace every Millennial who leaves the company. (source)
  • 31% of employers say they’ve found it difficult to fill positions because of shortage of talent. (source)
  • 60% of all accounting firm partners are over the age of 50.  (source)
  • 69% of Millennials want more freedom at work. (source)
  • Only 13% of people worldwide actually like going to work. (source)
  • 67% of Gen Y admit that on day one of a new job, they’re already thinking about looking for another job. (source)
  • 46% of employees believe diversity makes a workplace better. (source)
  • Women represent fewer than 5% of CEOs at major U.S. companies. (source)
  • 72% of Gen Y employees entering the workforce want to make a direct social and environmental impact. (source)
  • Only half of the 63% of 18-29 year olds employed are working full time. (source)
  • 75% of Gen Y employees want mentors. (source)
  • 91% of Gen Y employees don’t expect to stay more than three years at any given job. (source)
  • Association membership has fallen 25% over the last 25 years. (source)
  • 77% of Generation Y has smartphones and expect to get the information they need from it. (source)
  • Only 44% of association executives are happy with their ability to attract Gen Y. (source)
  • 91% of Gen Y expects to stay in their current job fewer than three years. (source)
  • 89% of Gen Y wants to choose when and where they work. (source)
  • 88% of Gen Y considers positive culture to be essential for a dream job. (source)
  • 31.9% of the nation’s workforce is 65-74 years old. (source)
  • Only 48% of workers report being satisfied with their current position. (source)
  • Only 57% of employees feel they have the training they need to succeed. (source)
  • By 2020 46% of the workforce will be Millennials. (source)
  • 15% of Gen Y are currently in management roles. (source)
  • 74% of Americans expect to work even after “retirement.” (source)
  • Generation Y is experiencing a 15.9% unemployment rate. (source)