A surprising new study by Bentley University, examines why the national rate of unemployment for college graduates stands at nearly eight percent. There is widespread disagreement between business leaders and Millennials over the root causes of this problem, beyond the obvious problem of a sluggish economic recovery. According to the survey, nearly three-quarters of hiring managers complain that Millennials — even those with college degrees — aren’t prepared for the job market and lack an adequate “work ethic.” Nearly two thirds of those surveyed consider this lack of preparedness a “real problem,” while 62 percent of business decision makers and recruiters say that unpreparedness harms the day-to-day productivity of their businesses. Not surprisingly, more than half of the Millennials surveyed disagreed.
To read more about this study and Millennial job preparedness, click here.