21% of millennials have changed jobs within a year. How Long Do Millennials Stay in a Job ? 9. The number of weekly working hours is also astonishing for this generation, with 73% working more than 40 hours per week, and almost 25% working more than 50 hours. Over a quarter of them work 2 or more jobs. 26% of millennials have 2 or more jobs.ĭespite stereotypes endorsed by older generations, millennials are one of the hardest working generations. As baby boomers retire, the millennial percentage of the workforce will keep rising. Millennials in the workforce statistics indicate that just a quarter of all workers in the world will not belong to the millennial generation 5 years from now. Millennials will represent 75% of the global workforce by 2025. Baby Boomers come 3rd, with 41 million individuals either working or looking for work. The next top labor force participants are Generation X, with 53 million working individuals. They became the largest generation in the nation’s workforce back in 2016: there are 56 million millennials in the US workforce. Millennials in the workforce statistics show that this generation accounts for over a third of all US workers. Gig economy statistics show that just 24% of millennials have earned some money in this way, while the majority still choose traditional work two-thirds of millennials are working in a full-time position. Millennials in the workplace research data shows that contrary to popular opinion, this generation doesn’t fully rely on the free market. 66% of millennials are employed full-time. What Percentage of Millennials Are in the Workforce? 5. The situation was slightly improved for baby boomers, with 66% of females working and 28% not participating in the labor force. 72% of female millennials are employed, while 25% are not included in the labor force.įor the Silent Generation (those born between 19), that number was significantly lower, with 40% of employed females and 58% not participating in the workforce. The millennial workforce has a higher percentage of working females than any previous generation. The percentage of millennials in the workforce who have completed higher education is unmatched by any other generation: 39% of millennials between the ages of 25 and 37 hold a bachelor’s degree or higher, while 29% of Gen Xers and 25% of baby boomers can boast the same achievement, according to statistics about millennials in the workplace. 39% of those aged 25-37 have a bachelor’s degree or higher. As these millennial workforce statistics show, this generation represents a huge chunk of the labor forces of the top 2 economies in the world. While millennials represent 22% of the population in the US, they account for 25% in China. There are 351 million millennials in China.Ĭhina’s millennial population is the largest in the world. Millennials are expected to have overtaken baby boomers in 2019. The data includes all individuals born between 19. The US Census Bureau data from 2016 points to 71 million millennials living stateside. There are 71 million millennials in the US.
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