Monster Job Seeker Survey Reveals Millennials Experience Most Burnout at Work, Eclipsing More Experienced Workers

Millennials Surveyed Are Also More Optimistic and Flexible When It Comes to Finding a New Job

WESTON, Mass.--(BUSINESS WIRE)--Jun. 18, 2014-- Monster Worldwide, Inc.Monster, the worldwide leader in successfully connecting people to job opportunities, today released new survey results detailing workplace frustrations and sentiments experienced by job seekers that are employed or unemployed and those seeking re-entry into the workforce.

Job seekers responding to the survey are fairly confident and appear poised to explore new jobs and careers. The majority of job seekers are actively looking for new jobs. This could be driven by the frustrations employed job seekers are experiencing with their current jobs. The majority (81%) of employed job seekers responding to the survey feel some level of burnout from their existing job. However, it’s clear that millennials are taking the brunt of the fatigue. A striking majority of millennial respondents (86%) reveal some level of burnout in their current position while a lesser majority of a more experienced workers reveal burnout in their jobs (76%).

Interestingly, younger job seekers appear to be the most optimistic, with millennial generation job seekers stating confidence (78%) in their ability to find a job compared to a more experienced workers, those job seekers aged 45 and up, who feel less confident in finding a job in the next 12 months (62%). In addition, millennial respondents are much more willing to relocate (83%) than the more experienced workforce (55%).

“The survey indicates that the millennial workforce is experiencing the most burnout in their current positions. With the more experienced workforce moving on to different roles or heading into retirement, it’s probable that millennials are expected to take on larger roles than their more experienced predecessors, and thus are feeling the pressure,” said Jeffrey Quinn, Vice President of Monster’s Global Insights. “That said, millennials are proving to be more open minded than the more experienced workers when it comes to job locations and roles. This flexibility will be advantageous to the millennial generation, allowing them to cast a wider net and find better success and satisfaction in their careers.”

Additional survey findings:

  • Majority of responding job seekers feel at least moderately confident in finding a new job (68%), and most (72%) feel that it is more challenging to find a job now then it was a year ago.
  • Both millennials and the more experienced workers are on the same page when it comes to feeling left behind in their jobs as majority (63%) respondents agree that their career track has slowed.
  • Majority of both millennials (63%) and the more experienced workforce (75%) agree that the current economy has negatively altered their career plans.

About the Survey

From the unique perspective of the job seeker, the Monster Workforce Talent survey captures the likeliness of those employed and unemployed to actively search for a job, the challenges they face in a search as well as motivating factors driving them to seek out a new job.

Methodology

Monster’s study “U.S. Workforce Talent” surveyed nearly 1,100 job seekers who are currently employed or desire employment in the next 12 months via an online survey. The study was designed to be inclusive of all Monster job seekers who have actively used their My Monster account over the past 3 years. The survey ran from January 16, 2014 to February 6, 2014.

About Monster Worldwide

Monster Worldwide, Inc. (NYSE:MWW), is the global leader in successfully connecting job opportunities and people. Monster uses the world's most advanced technology to help people Find Better, matching job seekers to opportunities via digital, social and mobile solutions including monster.com®, our flagship website, and employers to the best talent using a vast array of products and services. As an Internet pioneer, more than 200 million people have registered on the Monster Worldwide network. Today, with operations in more than 40 countries, Monster provides the broadest, most sophisticated job seeking, career management, recruitment and talent management capabilities globally. For more information visit about-monster.com.

 

 

Source: Monster Worldwide, Inc.

Monster Worldwide
Kristen Andrews, 978-461-8089
kristen.andrews@monster.com