In job interviews, young tech-savvy talent ask, "What's there to do in this town after 5?" Companies conducting relocation inquiries ask Chambers, "What's your net in-migration of young talent?"
Why all the fuss about young talent? Here are three seismic shifts affecting your organizations and communities:
1. The labor pool is shrinking. By 2008, two workers will leave the workforce for every one entering for a net shortage of 10 million employees.
2. Generation X (b. 1961-1981) employees are a hot commodity. X'ers are the first YOUNGER generation to have deep skill sets in a core business function: technology.
3. With so many employment options, young talent are FIRST picking a place to live and THEN finding a job.
These three critical, near term trends have enormous impact on how businesses choose sites, how talent choose jobs, and how communities attract talent. An earthquake is rumbling. What are you doing to prepare?
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