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Archive for October 20th, 2008

3.5 Years

That is the average length of a job in the U.S. according to The Career News newsletter (sorry, no link).  I find that number almost shocking, but the newsletter does not call out the criteria for their average.  I’m thinking part-time, minimum wage, seasonal and other positions could drag that number down.  At any rate, it does provide a bit of an eye opener to how our job market is changing.

Gen Y is typically not a generation to be known as “lifers.”  They begin their work career without discussions of pensions and retirement.  Those days are long gone.  Instead, they are focused on skill development, jobs that interest them on a personal level and an opportunity to affect their world.  To me, it almost seems as if they take a macro-view to their position (environmental impact, social impact, long-term skills, next growth step, etc.) as opposed to a micro-view (company hierarchy, internal promotions, retirement options, etc.).

There are some restraints on Gen Y becoming complete employment gypsies.  According to the same newsletter:

Seven in 10 Americans admit that they’d change jobs tomorrow if only they could.

I’m thinking financial restraints are impacting this decision.  Most people only change jobs if the opportunity of the new position is perceived as greater than the opportunity at the present position.  The fragile economy and the risk of downsizing is a strong deterrent to most employees looking to make a jump.

At any rate, I suspect the 3.5 year number is going to shrink in the near future once the economy rebounds and the Boomers continue to retire.

Craig’s List Fees

Last week Craig’s List job postings started costing $25 in Atlanta, Austin, Dallas, Denver, Houston, Miami (South Florida), Philadelphia, and Phoenix.  These cities joined the following cities that already charge a fee for job postings – Boston, Chicago, Los Angeles, NYC, Orange County, Portland, Sacramento, Seattle, San Diego, San Francisco Bay Area, Washington DC and NYC.  I supposed it is not surprising with all the “get rich now” ads that are all over the sites.

We are fans of Craig’s List and have had some decent success using their job board.  Unfortunately, it does require some patience by the candidates since there is much garbage to sift through on the site.  Still, it is a valuable resource and an effective piece of a full sourcing program.