On October 5th, Forbes.com published an article on the Millennial generation’s perspective on different aspects of work/life. Contributor Kare Anderson cites a research study by the Wharton School at the University of Pennsylvania that found that half the number of men and women from the 2012 class plan to have kids compared to those in the class of 1992. Ms. Anderson explores the differences in the reasoning offered by men and women for this drop and their views of what it means to “do well” in this era:
They are more burdened by college debt, believe that work is more competitive today, and that they are less likely to attain their career goals than Gen Xers so they are more focused on job security. Plus the recognize that they’ll have to work about 14 more hours per week than 20 years ago. Consequently they more willing to accept what Friedman dubs “extreme jobs” and to job hop to get ahead. No wonder Dan Schawbel’s Promote Yourself is selling so well. . .
Unlike Gen X men and women Wharton graduates who felt equally satisfied with their lives, millennial women are happier than their male counterparts about their “health, personal growth and friends.” Also, millennials don’t place as much value on long-term-friendships and parenting as Gen Xers. Instead they rank friendship, second only to health, as being the greatest determinant of a successful life.
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