A new wave of Gen Z workers is expected to enter the workforce after graduating from college, and it appears that they may be facing slightly more difficulties than previous job searchers finding and retaining employment.
Business executives said that they aren’t very impressed with their Gen Z hires and have no difficulty letting them go in favor of other applicants in a recent report published by Intelligent.com, a platform devoted to assisting young professionals in navigating the future of work.
According to a survey, Gen Z workers are being fired by their employers in large numbers, often months after they graduate from college.
Six out of ten companies believe they have already let go of some of the Gen Z employees they hired this year right out of college, according to a new Intelligent research. According to a poll of almost one thousand American executives, the inadequacies of the recent 2024 college graduate are beginning to hinder their ability to maintain employment.
One in six employers said they are reluctant to recruit recent college graduates again. One in seven say they may not hire any young people next year due to various issues. 75% of businesses said some or all of their fresh graduate hires were dissatisfied.
Employers have a problem with young people’s lack of initiative or drive. Intelligent’s analysis found that 50% of executives believed their new hires performed poorly.
Supervisors also fired Gen Z for their lack of professionalism, disorganization, and communication skills.
More than half of college graduates are unprepared for the workforce. However, more than 20% claim they are unable to manage the burden.
Colleges offer courses and other resources to close the gap and prepare Gen Zers for the workforce.
University failure to prepare students for the workforce is the main reason many new college graduates lack knowledge. Thankfully, a few organizations have realized this and are beginning to close the gaps.
For instance, Michigan State University has begun instructing its students on networking and the best ways to establish connections with other professionals. Including how to recognize important cues that indicate a person is not interested in chatting and when to move on.
According to the Wall Street Journal, the university’s business-school career center has even pushed businesses to provide clear instructions about what students might anticipate from their jobs. Including specifics like what to wear, what to expect on a first day, and customary lunchtime activities.
Gen Z workers often endure harsh criticism at work, but employers overlook that they may not understand the requirements.
Bosses should be willing to work with 20-somethings before entirely discarding them. For the most part, they are just trying to establish their feet in the world.
Compared to other categories, the unemployment rate for recent college graduates is astronomically greater.
The unemployment rate for recent college graduates between the ages of 22 and 27 has been higher than the national unemployment rate in the United States every month since January 2021, according to statistics from the Federal Reserve Bank of New York. This indicates that even while the labor market has improved after the epidemic, recent college graduates have been more likely to be unemployed than the general population.
