Almost Half of Millennials Fear Brexit will Reduce the Number of Jobs Available

The below is courtesy of Office Angels, part of The Adecco Group UK and Ireland

11 June 2018: Office Angels, part of The Adecco Group – the world’s leading HR solutions partner, has today launched research which reveals almost half (45%) of millennials are worried about the impact leaving the EU will have on the availability of work. And Brexit isn’t the only concern for millennials, with 62% also convinced that digital trends like chatbots and A.I. will lead to job losses.

The Managing Millennials report, which surveyed over 1,000 millennials in employment, found that one in five (17%) millennials think Brexit will limit their career progression. Interestingly, just 5% of millennials believe that Brexit will open up career opportunities.

Alex Fleming, Country Head and President of Staffing and Solutions, The Adecco Group UK and Ireland, commented:

“The fact that many millennials are anxious about the impact of Brexit and digital trends on their career presents an opportunity for those businesses that are willing to proactively address these concerns. Organisations that openly talk about these inevitable workplace changes and encourage employees to share any concerns they might have so that these can be addressed, will be better placed to attract and retain talent.”

To mitigate against any negative impact of Brexit on their career plans, some millennials are taking matters into their own hands. Over half (58%) of those surveyed said they would consider switching jobs into another role if a skills gap emerges, and a fifth (21%) reported that they plan to set up their own business in the next three years.

Fleming continued:

“As one of the most mobile generations, it’s important to manage millennials’ concerns and outline the great career prospects available to them if organisations want to remain attractive to them. As with any other major change, Brexit doesn’t just have the potential to break but also to make careers as new challenges and opportunities arise. Businesses that focus on creating and promoting these opportunities, alongside giving employees the skills required to weather the Brexit storm, will be able to produce a more positive, productive and engaged workforce.”

About the research: 

1,018 millennials, born between 1980-2000, in employment completed an online survey in October 2017. The research was carried out by Opinion Matters.

About Office Angels:

As specialists in secretarial, administration and office staff, Office Angels provides a bespoke, personalised, and highly flexible service.

Website: www.office-angels.com

Twitter: @officeangelsuk

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For further information please email press@adecco.co.uk