When is an entrepreneur hiring?
The idea that an entrepreneur is just another job-seeking professional is nothing new.
But as the U.S. economy continues to stagnate and more and more people are relying on their personal income, we’re seeing an increasing number of people begin to look at their job prospects as more of a challenge.
According to a new report from the consulting firm Towers Watson, “more than a third of millennials today view their jobs as a challenge and a career drain.
In fact, more than half of them say they would consider a different career if they could get paid more.”
That is, many of the people who are in the workforce are choosing to spend more time in the field instead of pursuing other opportunities.
“The question that we’re asking is, why?
And I think there are two big reasons,” says Sheryl Seidel, a career development expert at Towers Watson.
“One is we’re trying to understand the market and the other is to see how we can offer some guidance on how we may be able to help you in your transition.”
Towers Watson looked at more than 40 years of job-search data to determine how millennials view their job options.
“It really comes down to how much time people spend in the industry,” says Seidel.
“We know from our work with employers that when people spend more than 10 hours per week, they tend to be more likely to think of the field as a career.”
The other big reason for more time spent in the professional world is that many employers now offer career pathways for people looking to start their own businesses.
According a survey by the UJA-Federation of New York, nearly one in three millennials have already found a job that has offered a path to a paid career.
And with a growing number of millennials choosing to work from home, there are more opportunities for people to find employment opportunities.
Towers Whiz says that as the economy continues its slow march, more and less millennials are looking for more ways to make money and help others.
“I think a lot of people are now saying, ‘I have to work in my spare time, I have to take care of family,'” says Seisel.
“That’s really where we need to be focusing our resources.”
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If you or a loved one has ever struggled with the career choices that are out there for you, please contact us at [email protected]