The Top 5 Industries with the Largest Millennials Workforce

By 2020, Millennials will represent 50 percent of the workforce. Ninety Million strong, Millennials will have a huge representation in the workforce. In this article we will break down the landscape of the millennial workforce Page 5 in marketing book

The top five industries with largest millennial workforce are:

  1. Healthcare

  2. Manufacturing

  3. Retail and Wholesale

  4. Leisure and Hospitality

  5. Professional and business services

Healthcare

Healthcare employment is on the rise.The number of Americans ages 65 and older is projected to more than double from 46 million today. This opens up employee opportunities for Millennials entering the healthcare sector. Millennials are entering the medical workforce doubling the rate of their boomer and gen x counterparts. According to Becker’s Hospital Review, hospitals are changing workplace environments based on the millennials mindset.

 

Manufacturing

Millennials are entering the manufacturing sector. These jobs require skills and certifications. A significant amount of Millennials are entering this field, particularly in Southern states. A new report by Deloitte and the Manufacturing Institute “finds that American manufacturers could face a deficit of as many as 2 million workers over the next decade.” Companies are looking for new ways to add more Millennials into their workforce. Companies are willing to keep the manufacturing jobs in the states.

Retail and Wholesale

Millennials gravitate towards retail jobs because there is a large variety of positions. Retail includes, customer service, marketing and sales. Millennial are drawn to this industry because it provides work-life balance. The increase of information jobs will continue to grow as the US moves more into the digital age.

Leisure and Hospitality

Millennials have fundamentally changed how individuals travel. According to Hotellier, Millennials make up over one third of the world’s hotel guests and will reach to 50 percent by 2020. This sector provides flexible work options making it attractive to millennials.

Professional services

Millennials are the most educated generation to date. Professional services are on the rise for employment. Many millennials hunting for jobs in this category have young families, which explains what motivates them to look for jobs with greater flexibility.

 

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