Under-employed millennials and still-employed boomers

by Ryan Streeter on January 23, 2014. Follow Ryan on Twitter.

Our labor markets are doing strange things these days, and lots of young adults are bearing the brunt of a tough post-recession environment.

This data point from Gallup is adds color to the issue:

[B]aby boomers’ sheer numbers coupled with their reluctance to retire will likely ensure that their influence endures in the workplace in the coming years. Although the first wave of boomers became eligible for early retirement under Social Security about six years ago, the generation still constitutes about one-third (31%) of the workforce, similar to percentages for millennials (33%) and Generation X (32%).