War of the Generation: Reentering the Underemployed Workforce

By Finkelstein, Jim | Techniques, September 2011 | Go to article overview

War of the Generation: Reentering the Underemployed Workforce


Finkelstein, Jim, Techniques


AS WE MOVE OUT OF THE FIRST GREAT RECESSION of the 21st century and the job market begins to return slowly, we are faced with an increasingly new dynamic for job seekers--the war of the generations. Millennials are seeking to enter for the first time, GenXers are seeking to upgrade their positions; boomers are seeking to, in many cases, re-enter the workplace, having had their retirement nest eggs seriously whacked; and seniors are seeking additional monetary resources and intellectual stimulation. In short, everyone is out there slugging it out for jobs that are still limited in sup-ply. Let's examine a few of the dynamics in today's human capital marketplace--underemployment and competition among the generations.

Underemployment

The jobs that have returned are, in many cases, a shadow of their former selves. We know that employers are seeking to do more with less, so when jobs reappear, they are offering these juicy morsels to a hungry unemployed workforce at much less than previously. Compensation levels are less, perks are nonexistent and benefits are being taken away (or costs shared at a higher level). Those who survived the recession were often asked to take lower-level jobs with lower pay. Often, these jobs did not fully utilize the skills they acquired in school or through practical application on the job.

This in-pi ace, underemployed worker is a force to be reckoned with as a competitive threat for those trying to enter or return to work. They are hungry for upward mobility and for resuming their career aspirations. Much as 401(k) plans became 201(k) plans, the underemployed workforce took major steps back and now workers want to get back to where they were.'

[ILLUSTRATION OMITTED]

A note to the underemployed: it is all about skill development. As the market for jobs improves, on-the-job training won't get this development done fast enough. It is now about night school, online training and about exponentially increasing your marketability internally through the acquisition of critical competencies to rise above those trying to return to work. Watch out, graduating Millennials, reentering boomers, or "happy to do anything" seniors-these underemployed folks are going for the plum jobs from the inside!

War of the Generations

During the Great Recession, mom and dad were laid off, had their time at work reduced, or took time off to raise the kids and now want to get back in the money-making; business. Meanwhile, the kids were finishing college and thinking about what they were going to do after their post-graduation vacation and travel--community service or opting to go to graduate school right away? …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Note: primary sources have slightly different requirements for citation. Please see these guidelines for more information.

Cited article

War of the Generation: Reentering the Underemployed Workforce
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen
Items saved from this article
  • Highlights & Notes
  • Citations
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Search by... Author
    Show... All Results Primary Sources Peer-reviewed

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.