Millennials – the generation born after 1980 until the early 2000s – are starting to infiltrate the workforce. What was once the domain of the Baby Boomers and the Generation X are now being occupied by more and more millennials as they grow older and are more than qualified by societal standards.
They have been known nowadays to be the tech-savvy, updated, and steadily-revolutionizing generation that have changed the way technology, industries, and the workforce goes. Millennials have also been dubbed as the “most educated generation in Western history” – with 34% of 25-39-year-old Americans (millennials) holding a bachelor’s degree, master’s degree, professional degree, or a doctoral degree just in 2016.
Despite this general mindset and view, however, millennials are still struggling to find the right job for their skills and talents in this day and age. Many of them are still classified as highly-educated but unemployed – they carry the necessary knowledge that can change the working landscape in the future, but they are not getting the opportunities they deserve.
In the latest statistics, it was reported that the millennial unemployment rate remains stagnant at 12.8% — which is bad news considering how most millennials were raised in the mindset of good education equates to a good job, but they are not getting this equation now that they are ready to join the workforce.
With the extreme competition in the labor market, millennials need to gain legitimate experience, hone their skills and knowledge by being involved in industry-related projects, and acquire the ability to be efficient in an environment relevant to their degree.
Which brings millennials to the idea that these prerequisites can only be attained by doing a full-time job – much like their predecessors.
However, a lot of millennials these days are quite afraid of being committed to the usual 9-5 job – let along find a company where they can have the freedom to move around and explore other areas which can improve their overall skill sets.
This is where freelancing can help you out. Here are the different ways on how freelancing can help boost your career today, as seen in this infographic by Brain Boxol.