It’s amazing how fast things can change in the economy. Not long ago, writers, trainers and speakers on Generation Y couldn’t stress hard enough to Baby Boomers how they were were going to have to adapt to the different values and work preferences of young people. Plenty of “experts” wrote and spoke on how organizations would have to change, from being hierarchical and control-oriented to being more lateral and power-sharing. Well, that’s a work in progress.
Then something happened: The financial crisis of 2008 and the ensuing Great Recession of 2008-09. All bets were off for Gen Y.
BusinessWeek wrote in October 2009 about The Lost Generation. This was an emerging issue for the media; yet while subsequent reports have been produced by various media and experts on labor market Generation Y continues to struggle to gain solid footholds in the economy. This cohort now spans between 20 and…
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