Today’s workforce is made up of three generations: Millennials, Gen Xers and Baby Boomers. A recent global survey by Deloitte found that Millennials will comprise 75% of the workforce by 2025. As Baby Boomers retire and Gen Xers move up the ladder, how will employers attract and retain the candidates of all ages they need in crucial roles?
By examining how people from each generation look for jobs we can learn where candidates’ interests lie and how employers can plan for coming talent gaps and surpluses. The latest report from the Indeed Hiring Lab, Three Generations of Talent: Who’s Looking for Jobs Today reveals that Millennials, Gen Xers and Baby Boomers search for different types of jobs.
Despite their differences, however, our research indicates that these generations are similar in some crucial ways. For one, no matter their age, all job seekers are responding to what’s available in the labour market, searching more in the occupations and locations where many jobs are available. Baby Boomers adhere closest to this trend, followed closely by Gen Xers and Millennials, respectively. This suggests that as a person ages into her career, she becomes more attuned to the jobs employers are offering and makes decisions accordingly.
Mobile is another point of intersection for job seekers from all three generations in Australia. Not surprisingly, younger generations overwhelmingly prefer mobile job search — 79.9% of Millennials click on jobs from mobile and 77.4% of Gen Xers do the same. Baby Boomers are not far behind, though — 52.8% of them click on jobs via their mobile device.
The report contains in-depth analysis of search trends and patterns, a closer look at generational interest in key areas like Healthcare and Construction, as well as data on new sources of talent employers may not have considered.
Download the free report to learn more about how you can incorporate these findings on who’s searching for jobs into your understanding of Millennial, Gen X and Baby Boomer candidates.