According to recent research published by Pew, millennials now represent the largest generation in the workforce, surpassing generation X. As part of the POPSUGAR Insights 2016 Career Report, we surveyed over 2,000 women between the ages of 18 and 49 and explored how they feel about their jobs and careers, what their career goals and aspirations are, and how they balance life and work.
According to our findings, 60% of women are employed full time, with 16% employed part time and 10% unemployed but looking for work. This is in line with data from the Department of Labor statistics that show that 57% of women participate in the labor force. Women aged 18 to 29 are 15% less likely to be employed full time, and 30- to 44-year-old women are 12% more likely to be employed full time. Women between the ages of 18 and 24 are 63% more likely to be "unemployed but looking" than women between the ages of 30 and 44.
Overall, 45% of women have been with their current employer for less than two years, while women under the age of 30 are 44% more likely to have less than two years of experience in their current job. One-third of women have been with their current employer for over five years, and nearly one-fourth of women between the ages of 30 and 44 have been with their employer for over 10 years. According to the Department of Labor, the median tenure for women in the workforce was four and a half years.
Over the next few weeks, we will be posting new articles which provide insights into the findings from our 2016 Career Report and we will offer advice on how brands can create content to connect with this career-driven female audience. We look forward to sharing our findings with you.