Millennials Still Slow to Leave the Nest

As the economy improves and the job market recovers, experts anticipated that boomerang millennials would move out of their old bedrooms and start living on their own. But that prediction has not become a reality: The country’s 18- to 34-year-olds are less likely to be living independently today than they were in the depths of the Great Recession. A new demographic analysis by the Pew Research Center found that while the population of millennials has increased by 3 million since …

Reality Show Offers Peek Into Adult Kids’ Job Hunt

“What’s your biggest weakness?” is a classic job interview question. Imagine answering “procrastination”… on national TV! That’s exactly what one millennial did on Job or No Job, a new show that takes a behind-the-scenes look at young adults trying to snare that first position. The series, from the producers of Undercover Boss, proves entertaining and informative, and a great way for millennials to pick up some job-hunting advice through the mistakes of others. (And parents get to see what really …

Disrupting the Way We Think About Older Workers

AARP has always believed in the value of older workers, that they can be a genuine asset in the workplace. Now we have new evidence to back that up. In the wake of the Great Recession, we took a fresh look at data about hiring and retaining workers who are 50 and older. The AARP study, “A Business Case for Workers Age 50+,” which came out just last month, not only confirmed earlier research but also indicated that today the …

Millennials Need to Work on Bridging Skills Gap

Last week, the editor of a newspaper in the Pacific Northwest emailed to check a reference for one of my former students. A position had opened up because the editor had let go a staffer who kept misspelling the names of people in photo captions. In another conversation earlier in the week, the owner of a Maryland consulting company mentioned that she routinely eliminates millennial job candidates when they can’t follow basic directions on a writing test. Sound familiar? Supervisors …

It’s Not Your Father’s Old Age!

This article originally appeared in “The Power of Ideas: A Collection of Insights to Transform the Future,” The Milken Institute, April 2015. Our ability to live longer, healthier and more productive lives is one of mankind’s greatest accomplishments. Most people turning 50 today can expect to live another 30-plus years, most of it in relatively good health. That’s more time than they spent in childhood, in adolescence, and for many, it’s more time than they spend working. Yet, research shows …

Debt for College Hits 70% of Graduates

Most graduates in the Class of 2013 left campus with more than a diploma. Nearly 7 out of 10 also had student loan debt. The average amount: $28,400, up 2 percent from the debt of those who graduated a year earlier. That’s according to a report by the Project on Student Debt at the Institute for College Access & Success, a California-based advocacy group that has been tracking these figures for nine years. >> Hidden College Expenses Education debt is a growing concern …