The Snagajob Service Industry Hiring Report has indicated that Millennials are contradicting negative expectations by showing more ambition, job re-engagement, and job applications than older job seekers. Major findings of the report include:
• 8 percent of Snagajob users resumed their job search after at least three months of inactivity from December 2012 through January 2013; a 3.7 percent increase over the same period in 2011. Furthermore, younger job seekers were found to be returning to job searches faster than other workers. Younger job seekers (under 24) experienced a 7 percent increase in search reactivation compared to 3 percent for job seekers over 45.
• Job seekers under the age of 24 are also applying to more jobs than their older counterparts. In 2012, Millennials increased their application rate by 6 percent over 2011, compared to a 9 percent drop for job seekers aged 45 and older.
“The data shows us that Millennial job seekers are looking for hourly jobs in force, both in terms of the numbers of young candidates starting their search again and their collective willingness to work a number of different jobs,” Jason Hamilton, vice president of marketing for Snagajob, said. “We attribute this to the fact that they simply need to get their foot in the door, whether it’s for a career job or otherwise. On the contrary, some older job seekers have either become more selective in the jobs they are willing to work, or to a certain degree, some of them may have suspended their search for the moment.”