The Millennial Mindset: The Gig Economy
BOSTON (CBS) -- A new Gallup report suggests it's not the workplace 'extras' like weekly ice cream runs, or napping rooms that prompt a millennial to apply for a job interview.
Eighty-seven percent of the millennials surveyed said job development was their number one priority. Millennials also say the job interview is often considered a huge obstacle.
Read: 'The Millennial Mindset' Series
For many millennials, the anxiety begins with the job description.
"We're looking for a young, energetic person, but you need ten years of work experience. And, you know, it's kind of like, the floor drops out from underneath you all the time," Nick Vance explained.
Vance is a South Carolina State University grad who grew up in Mattapan, and currently works as a senior recruiter for City Year.
"I'm 25 years old. There's no way I'm going to have five years of work experience," he said.
Alicia Modestino, a professor at Northeastern University's School of Public Policy and Urban Affairs, explains it's all about the gig economy now.
"So, the gig economy, we can think of the Ubers or the Taskrabbits out there, where folks are using all these great new technologies and apps to connect to each other, to be able to have this peer to peer labor market," she said. "It's definitely changed the nature of employment in the contract between employers and workers. It's not quite clear how it's going to play out in the long term."
To save money, Nick Vance lives at home with his dad, and is comfortable--for now.
"It's great on one end, of course, because you have that wisdom in the house who can always kind of help navigate me into the world," he said.
In Part 5, we explore the yin and yang between generations.
WBZ NewsRadio 1030's Mary Blake reports
