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Essay On Millennial Generation

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“We are too young to work at now”. This is the main stance of the millennial generation, as they are not yet ready to work. The aging population is the global issues, faced by almost every country, especially the European countries and in the North America. Whereas, in most of Asia and the South American regions the aging population is not an issue as they are enjoying high birth rates and high death rates. Canada is one of the countries who are faced with demographic change of aging population, which is an issue for these countries as the future economic well-being is dependent upon the future population (generation). To maintain the economic growth and development of an economy in the future, it depends upon the future availability of workforce. According to the World Economic Forum (2012) report, the world issue of aging, which is the unpredicted increase in the age of people …show more content…

As the mandatory retirement age is increased, and there are fewer jobs as they require experience. On the other hand the people are leaving the jobs before the mandatory retirement age, and take early retirement. This is the result of unemployed benefit policy of government, and the pension plans. The labor participation rate is badly affected as shown a declining trend, which is due to early retirement o baby boomers and lack of willingness to do the job and high turnout ratio of the millennial”. In response to this the millennial argued that,” We won’t stick to the work until we recognize our capabilities and expertise, and get the desired job, with lucrative pay. We need training from the side of employer, and want adequate job opportunities to choose from”. The baby boomer concluded by saying that,” The employer wants to cut the costs of the business, and might hesitate to train you in order to save the effort, time, and money as well. So, the employer would most probably retain the existing worker than employ the new

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According to Professor Jeffrey Bosworth, in his editorial “Hunting for Hope in Modern America,” he discusses the “screwed” millennial generation and the potential they have to be successful, despite current existing United States problems. Bosworth explains this from three different perspectives: the current issues in America, the positive attributes of the millennial generation, and what the millennial generation should do to succeed. In Bosworth’s opening proposition he elucidates the “[millennial] generation is screwed”. He expounds the millennial generation is predicted to “do worse than the previous generation”.

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Sander uses statistics such as a study conducted by the MetLife Foundation that found 66 percent of adults age 50-59 planned on working past retirement age to explain the rising situation. Furthermore, Sander uses scholars with relevant groups such as the Council of Education, to the boomers who are enrolling in college to inform the reader of the rise in boomers enrolling in college. This is the most significant part of her argument as it gives a face to the statistics she just presented, weather that be a scholar in the field such as community college presidents or the boomers who have enrolled in higher education such as Russel Kearney, whom Sander uses to begin her

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It enhanced Canada’s economy and changed women’s lives, and resulted in dramatic effects on the social features of the life of all Canadians. The Baby Boom has significantly propelled Canada 's economy. Since, the baby boom era was the largest; Companies focused on their items around the Boomers needs, there are masses of Boomers in Canada and they control about $3 trillion in obtaining force. Roughly 40% of the Canadian population will be more than 50 years of age by 2020.

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“Overall, research on age and work motives suggests that as individuals’ grow older they are motivated to work for organizations and jobs that fulfill autonomy and achievement needs…older workers are not as motivated to work for organizations or jobs based upon compensation, the desire to foster instrumental relationships, or to fulfill needs of

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This includes Canada’s aging population and declining birth rates as well as an increase to acquire more skilled people to help grow the economy. The immigration laws of Canada are intended to be open-minded and friendly to immigrants from all over the world. Canada's dedication to a strong and varied immigration system is likely to persist, even though the precise immigration source nations may shift over time. Some may argue that the large immigrant population has begun to dilute Canadian national identity and ‘crumble’ the sense of shared values and culture. On the other hand, many believe it has induced a diverse and very inclusive society.

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On the other hand, Millennials may not have the same opportunities as the generations before them, and they may

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Companies will also need to anticipate and assess which new skills and training older employees will require, particularly in the realm of technology where they may feel less comfortable than many of their younger colleagues. The federal workforce is building toward a potential retirement wave in coming years, with more than a third of career federal employees projected to be eligible for collecting their end-of-career benefits by September 2017, compared to just 14 percent at the same time in 2012. The dynamic of this workforce is the wealth of knowledge, skills, abilities, and experience that will be walking out the door never to return. Millennials will make up 50 percent of the U.S. workforce by 2020 and 75 percent of the global workforce by 2030. At issue is how to attract and retain

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At the same time the problems of poor sanitation, health, theft additionally. (Brand, 1986). Of the above study and background about the situation of elderly in present situation shows that due to lack of support from the family they plan to get into jobs even after their retirement age because they need to finance for their old age. Sustainable development is possible only when all the age groups are included in the framework and no one is left. The Global Age Watch Index report explains that the top 19 positions were occupied by the industrialized nations.

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Judging someone or making assumptions based on physical appearance can never determine the environment they were raised in. Just because someone is in college it should not suggest that their family members are college educated. There are many people at The University of Louisiana at Monroe that are considered first-generation individuals. As of 2010 the National Center of Education indicated that 30 percent of college freshmen are first generation college students. First generation students are fresh to the ideal of college and they need a mental support system during so because most of them are not equipped to deal with tough situations.

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According to Hoagland (2017, p.17) young adults may delay their entry into the workforce deciding instead to focus on education. This factor may initially have an affect on the size of the workforce, this effect is temporary as these young adults do eventually enter the workforce and do so better educated and skilled increasing their productivity. Hoagland (2017, p.18) goes on to state that this increase in productivity could counter a shrinking

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Some organizations may face vulnerabilities as the older employees leave the workforce. Employers should ensure that younger less seasoned workers receive training from experienced workers. Organizations will be required to hire younger employees into positions that require more tenure and experience. What's

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Introduction I. We as a human being, we age and it is said that there will be more elderly people in the future. A. According to the graph of 2012 Population Estimates and National Projections from the Current Population Report by Jennifer M. Ortman, the population aged 65 and above is projected to be 83.7 million in 2050, almost double its estimated population of

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1024 Words | 5 Pages

Millennials are a part of demographic cohort causing changes in the workplace. Individuals born between 1980 and 2000 are considered Millennials .They are currently the largest generations that will be joining the workforce as Baby Boomer are starting to retire. In a few short years, Millennials will soon make up about 70% of the workforce, however their generation has stirred up some controversy as they start their careers and enter the workforce. In recent times, there have been issues arising in organizations with multigenerational workforces due to the differences of each generation.

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