The Nontraditional Pharmacist Podcast co-host and infrastructure technology business development executive for UCG Technologies Matt Paterini PharmD talks with Pharmacy Podcast Network founder Todd S. Eury about the facinating demographics of Millennials.
More than one-in-three American labor force participants (35%) are Millennials, making them the largest generation in the U.S. labor force, according to a Pew Research Center analysis of U.S. Census Bureau data. As of 2017 – the most recent year for which data are available – 56 million Millennials (those ages 21 to 36 in 2017) were working or looking for work.
That was more than the 53 million Generation Xers, who accounted for a third of the labor force. And it was well ahead of the 41 million Baby Boomers, who represented a quarter of the total.
Millennials surpassed Gen Xers in 2016. Meanwhile, the oldest members of the post-Millennial generation (those born after 1996) are now of working age. Last year, 9 million post-Millennials (those who have reached working age, 16 to 20) were employed or looking for work, comprising 5% of the labor force. These labor force estimates are based on the Current Population Survey, which is designed by the U.S. Bureau of Labor Statistics and serves as the basis for its unemployment and labor force statistics.
Being a Millennial X means working hard, smarter, and being innovative in your work. Being a Millennial X — means CRUSHING IT!!
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