A new survey tracking the careers of 27 year olds has some very interesting findings. The nationally representative survey found millennials averaged 6.2 jobs so far. Most have made this many moves by the time they turned the ripe old age of 22.
For a little bit of context, The National Longitudinal Survey of Youth 1997, surveyed 9,000 people born between 1980 and 1984. They were 12 to 17 when interviewed in 1997, a process that has continued through the present. Those surveyed are now between 26 and 32 and have been interviewed 15 times, most recently in 2011-12.
The study also found (not surprisingly) that the women in the group tended to be more educated by the time they were 27 than were the men. Thirty-two percent of the women held bachelor’s degrees compared to 23.9 percent of men. Plus, a slightly higher percentage of men (9.3 percent) were high school dropouts than women (8.1 percent).
Women are also more likely to graduate than men: Seventy percent of the women in the group started college, with 46 percent of them receiving a bachelor’s degree by the time they were 27. For men, 61 percent started college with 39 percent finishing their degree by the time they were 27.
“Compared to all adults surveyed by the Census Bureau, this group is more educated,” notes NPR. “A lot more of them have some college experience, more have earned at least a bachelor’s degree, and fewer have dropped out of high school.”
A major dropoff in the labor force occurred when woman had kids. For people with children, men’s labor force participation rate was 86.4 percent and women’s was 71.7 percent. Heidi Hartmann, the president of the Institute for Women’s Policy Research, a Washington, D.C., policy group, told WPTV.com that the reason many women with children drop out of the labor force is the lack of paid leave or paid child care in the U.S. Women who have to leave work to care for newborn children are out of the workforce longer than those who have paid leave.