How to keep your job in 2018
In the coming months, as the U.S. government and the Federal Reserve begin to tighten up the economy, we’ll be watching how the U,S.
If you’re a millennial who wants to take a step back from the grind and look at how your job might change over the next few years, here’s a quick overview of the challenges and opportunities facing today’s workers.
Career Paths Are Increasingly Outdated The median age of the workforce is inching up as the baby boomers age.
The number of workers ages 25 to 64, a core demographic for U.s. employers, has dropped by nearly 25% over the past 20 years.
There are now more than 16 million millennials ages 25 and older, according to the Bureau of Labor Statistics.
Many of these workers have been lured by the promise of a good job and a career that they can pursue.
But that path to the middle class is increasingly out of reach for many young workers.
Some employers have begun to move out of traditional jobs and into “career-oriented” roles, such as sales and marketing.
These are often paid less than traditional full-time positions, which can create challenges for millennials who may have trouble finding a good-paying, well-trained job with good benefits.
A 2015 study by the University of California, Berkeley, and Georgetown University found that nearly a quarter of millennials were out of a job or job-hunting opportunities within the past year, and that a large number of these millennials had been out of the job for less than a year.
In other words, millennials are facing an even bigger job market problem than the baby boomer generation.
Some Baby Boomers Are Leaving the Labor Force The Bureau of Labour Statistics has found that the median age for those age 25 to 34 has risen to 36, from 34 in 1980.
This is an age where there are fewer millennials in the labor force, which means the number of Americans ages 25-34 who are either unemployed or actively looking for work has increased.
That means that there are more than 7 million more Americans than there were just a few years ago.
While this trend is worrisome, the current baby boom generation is not the only demographic that is struggling to find employment.
While older workers are increasingly out-of-the-barn jobs, they are also looking for ways to contribute to the economy and the workforce.
This could include volunteering, helping out at a church, or getting an internship at a nonprofit or educational institution.
Many millennials are also searching for work in health care and social services, which often require a higher salary than their traditional work.
For many people, the future looks bright, but for some, it can be difficult to make ends meet.
The Baby Boomers Are Growing Older The U. S. workforce has been shrinking for decades, with a net loss of about 1.3 million jobs between 2010 and 2020, according the BLS.
The average age of workers age 25 and over has fallen by more than 12 years, from 29 in 2000 to 25 in 2020.
That is an average of 8.7 years older than workers age 26 and over.
The median annual income of people ages 25 through 34 in 2020 was $31,600, up from $29,600 in 2000.
But the jobs that are creating the most demand in these age groups are the fast-growing service, retail, and manufacturing sectors.
This means that young people who have been looking for a good career and career-oriented job may be left behind in the industry.
The Middle Class Is on the Decline The middle class in America is declining in real terms.
The share of Americans who are middle class has dropped from 72% in 1980 to 57% in 2020, while the share who are in the bottom quintile has increased from 12% in 2000, to 20% in 2018.
The middle quintile includes people who earn between $30,000 and $70,000 annually, the lowest income quintile.
This group includes some of the poorest people in America, who have experienced growing inequality over the last few decades.
While middle class families are not shrinking, they may be struggling to make it.
Between 2007 and 2020 the share of people earning less than $50,000 a year fell from 27% to 17%.
The share earning $75,000 or more has remained steady, while families earning over $100,000 are seeing their incomes decline.
The Economy Has a Long Way to Go To improve the outlook for workers, the U S. economy is taking several steps forward.
The unemployment rate has fallen from 6.9% in December 2018 to 5.4% in January 2019.
The economy is growing, which has boosted consumer spending and investment, which have boosted wages.
For example, the average hourly wage rose by 2.3% between December and January.
But wages for workers aged 18-24 have declined slightly over