Posts tagged with "Indeed"

The best U.S. cities for first jobs

December 20, 2017

Although the U.S. economy added 228,000 jobs in November, many Millennials still are struggling to get their first job. WalletHub recently completed a poll that suggests that maybe they are looking in the wrong places—literally.

In a comparison of 150 cities nationwide, Salt Lake City, Utah, came out on top and Hialeah, Florida, bottomed out.

According to a report by Cities Journal, the financial services website used a number of factors to make its determinations, from federal government sources such as the Bureau of Labor Statistics, the U.S. Census Bureau, and the Department of Housing and Urban Development; to references such as professional networking site Indeed and health and wellness platform Sharecare, and a number of other organizations.

In addition, WalletHub looked at two factors:

  • Professional opportunities, including availability of entry-level jobs, median starting salary, median income growth rate, annual job growth rate, workforce diversity, and economy mobility; and
  • Quality of life, including median annual income, percentage of the population aged 25-34, percentage of population with a B.A. degree minimum, projected population growth, and house affordability; along with the three WalletHub rankings, recreation, families, and singles.

Tops among places to find a professional job were: (1) Salt Lake City, (2) Denver, (3) Austin, (4) Sioux Falls (South Dakota), and (5) Minneapolis.

Raleigh, North Carolina; Oklahoma City, Oklahoma;, and three Texas cities —Amarillo, Houston and Corpus Christi— also made it to the top 10. (The only city among these that wasn’t in the top 10 in the professional opportunity of life ranking).

At the very bottom of the list were Detroit, Michigan; Fresno, California; Moreno Valley, California; Akron, Ohio, and Hialeah, Florida.

Interestingly enough, New York City—which often is considered the place where people go to make their careers— ranked 127th, below places like Port St. Lucie, Florida,  and Chula Vista, California

Las Vegas, Milwaukee, Memphis, Chicago and Los Angeles represented just a few of the major cities that did not break the top 100.

According to WalletHub, these cities are where you go once you have already made it—not when you are starting your career.

The research unearthed some additional insights, such as the fact that the best cities have 39 times more entry-jobs than the worst ones in this category.

Where is there the most affordable housing? Go to Plano, Texas; Fort Wayne, Indiana; Des Moines, Iowa; Overland Park, Kansas; or Buffalo, New York.

For the highest population of Millennials, seek out Boston, Washington, DC, San Francisco, Jersey City (New Jersey), or Seattle.

There also were huge differences between the highest and the lowest starting salaries (adjusted for cost of living)—with Houston, Durham, and San Jose paying three times more than Honolulu, New York or Santa Rosa.

Research contact: help@wallethub.com

Baby Boomers are ‘aging out’ of tech industry

November 9, 2017

How old is too old for the tech industry? The employment site, Indeed, recently conducted a national study of 1,011 currently employed U.S. tech workers to dig deeper into the issue and here’s what the researchers found.

“While stories about anxious tech workers in their 30s getting plastic surgery to conceal their age make good headlines,” the pollsters said, “ we don’t need to look to such extremes to find evidence of the problem; It’s there in the cliched, but widespread, perception that employees need to be young to have a good grasp of the latest technology. And it’s there in startup cultures that push for long hours and low pay, which are hardly friendly to older workers with families. And as firms battle to attract young talent with ever more extravagant perks, they can unintentionally create an environment and culture that excludes older workers.”

In fact, 29% of survey respondents say that the average employee age at their tech company is between 31 and 35. Millennials, yes—albeit at the older end of that demographic. A further 17% say that the average age of company employees is between 20 and 30.

By contrast, 27% of  respondents say that the average age of employees at their company is 36-40 years old, making them members of the younger end of Generation X. The over-40s (Gen X and Boomers, alike) have to share the remaining 26%.

In other words, close to half of employees (46%) are Millennials. And yet, only 23% of survey respondents think that this demographic is over-represented at their workplaces. By contrast, under one-fifth (18%) of respondents believe that Baby Boomers (born between 1946 and 1965) are under-represented at their company.

The researchers note that, with the Bureau of Labor Statistics predicting that 25% of workers should be 55 and over by 2019, it’s clear that these numbers don’t reflect the diversity of the population when it comes to age.

In fact, not only do employees witness an imbalance in age representation, but it is also causing anxiety among some workers.The recent survey found  that close to half of respondents (43%) worry about losing their jobs because of their age. Even more troubling, nearly one-fifth (18%) say they worry about it “all the time.”

More than one-third of workers surveyed (36%) report experiencing at least one instance during which they weren’t taken seriously by colleagues and managers due to age.

And yet, most respondents (78%) still consider older tech workers (those aged 40+) to be highly qualified, and over 83% state that these workers have good experience and can share wisdom.

The solution for Baby Boomers is not an easy one: The study found more Boomers showing  interest in cities such as Minneapolis (home to 3M) and Durham, North Carolina, which don’t appear on the top ten list for Gen X or Millennials.

Research contact: Raj Mukherjee @rajatism