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Using SurveyMonkey Audience, Business Insider and News To Live By conducted a survey of 548 millennials to find out just how hard it is to get a job out of college. The results: unsurprising.
16 percent of millennials remained unemployed up to six months after graduation day, which is well above the national unemployment average of 6.3%. That being said, millennials aren’t afforded the luxury of quitting the job search and dropping the average as most older Americans thanks to record high tuition prices, compounding interest, and the need to live somewhere other than the basement of Mommy and Daddy’s house.
25 percent of respondents applied to eleven or more full-time positions before landing one. They did not specify if entering your name in the NFL draft counted.
Of the people who were able to get a steady paycheck, 44% came to the harsh realization that they could’ve been working their job for four years and college was, in fact, a $40,000 a year vacation.
Here’s another shocker: millennials ranked pay as the most important factor in a job, above both meaningful work and positive relationships with coworkers. Youngbloods these days, man. Don’t they know mo’ money, mo’ problems?
[via Business Insider]
Respond
“25 percent of respondents applied to eleven or more full-time positions before landing one.”
If I’m reading this right, that means that 75% found a job within 11 applications? 11 job applications is about a day and a half of looking for anyone with a sense of urgency.