Entry level jobs: Are there any left?
August 8, 2014
Software development cloud computing, design and data center security staff jobs, all these positions have one thing in common – they aren't entry-level positions. So where are all the jobs that help people get started in the workplace?
A Wall Street Journal article noted that many companies have cut a slew of entry-level jobs in cost-saving moves. This is having an impact on the job market as roughly 11.3 percent of 20-24 year-old workers remained out of work at the end of July. First-time job seekers, it said, are having an especially difficult time landing work.
Financial sector isn't holding entry-level jobs
The Economic Modeling Specialists International put together a survey for the paper that showed entry-level posts for loan officers dropped by 6 percent in the past 10 years. In the insurance realm, first-time underwriter jobs dropped by almost 13 percent. While there's not much data on entry-level jobs because the government doesn't break down and collate such information, market analysts said that companies looking to hire are actually raising the bar on qualifying standards for first-time jobs.
Are internships replacing actual jobs?
A report on Phoenix's KTAR-TV says that interns are now being looked at as entry-level hires. This indicates that employers are looking for more in their new staffers. Theresa Maher is with the online industry magazine, Jobing, and said first-timers are now expected to be well-versed in multiple disciplines and should be ready to hit the ground running.
"Technology is huge in the way we're communicating and connecting with people to gain knowledge and information on companies and industry which is greater now than ever before. This is a fast-moving market," Maher claimed.
According to Insurance News Net, baby boomers are staying in the workplace, and millennials are not often willing to take a job that would compromise a life choice. Jean DeWall, a leadership coach from Milwaukee, didn't mince words when commenting on differences between boomers and younger workers. She addressed why more boomers are in the work place.
"No judgment implied, but boomers and millennials have different generational values," DeWall says. "The boomers' core value being 'live to work' and the millennials wanting complete balance and almost a blend of work and fun in the office. If you compare the values, it may be easier to see why boomers are more willing to take a job and compromise some of the non-negotiables that younger employees have.
While many companies are committed to bringing on interns, others seem ready to open their doors soon to entry-level workers to see whether phasing out either internships or entry-level positions is feasible.