U.S. millennials are quitting their jobs without worrying what they’ll do next, survey finds.
A traditional income-generating gig isn’t just doing it for millennials anymore, and count on them to reinvent it.
Fox News reports that in a 2018 Millennial Survey by Deloitte, 43 percent of millennials expect to leave their job within two years, without necessarily having a backup plan up their sleeves. The report adds that the trend is in line with broader shifts: the U.S Labor Department found that the percentage of workers (of any age) quitting their jobs reached 2.4 percent in May, apparently the highest level in more than 16 years.
Take the story of one Sarah Solomon, 25, a former publicist who talked with Fox about what her life was like before settling down (in the mean time) in a rental house in Hawaii that overlooks the beach.
She says she was always out at fashion events, dinners, parties, and even hanging out with celebrities during Fashion Week.
“It was definitely New York glamourous — the black dress, leather pants and high heels, and an hour putting on my makeup,” says Solomon. “Anyone would think I had a really fun life, meeting cool people and celebrities.”
But amid the work-related glamour, she resented she only had two weeks off a year for her own pleasures.
“I wanted to travel more — I didn’t want to have to ask for time off and grovel for extra days, you know?” says Solomon.
Since quitting her job in August last year, she’s scaled volcanoes in Guatemala, soaked up the waterfalls of Bali, Indonesia, and basked on glorious beaches halfway around the world.
But Solomon isn’t magically generating income from nothing: she does freelance PR work on the road, s long as there’s decent WiFi wherever she is.
“I do have to budget more, but the freedom is so worth it,” she says. “There are different ways to do work . . . The world is changing.”
According to Cat Graham, a managing partner in a human resources advisory firm with 20 years of experience in HR, the employment shift was a phenomenon she wouldn’t have ever seen twenty years ago.
“The job market is so hot right now — unemployment is at a record low, and the war for talent is hotter than ever. There are more jobs than there are qualified candidates,” Graham said in an statement to Fox.