Wednesday, November 27, 2019

The shocking amount of Millennials that still live with their mom

The shocking amount of Millennials that still live with their momThe shocking amount of Millennials that still live with their momThere are currently 18.3 million children under the age of five that live at home with their mothers. When isolated, this statistic isnt all that unnerving. How about another statistic that posits only about four million fewer adults between the ages of 23 and 37 are currently doing the saatkorn? According to a new study by Zillow, there are 14.4 million Millennials living with theirmoms-afigure that has been experiencing a steady incline since 2000.Back at the turn of the millennium, nearly 12% of young people lived with their mothers. Less than 20 years later this number has surged to more than a fifth (21.9%.) In all fairness, as the authors of the new study pointed out, this percentage is made up of a small minority of adults that house theirmom in order to accompany them in old age, and adults that require assistance from their mom in raising their ow n kids. This minority only accounts for 1.4% of young adults cited in the new study, however, which is only fractionally more than the 1.2% reported on back in 2000.Follow Ladders on FlipboardFollow Ladders magazines on Flipboard covering Happiness, Productivity, Job Satisfaction, Neuroscience, and moreLiving with momZillow Economic ResearchTo conduct the study, the researchers over at Zillow, analyzed data from the U.S Consensus Bureau, American Community Survey, presented by the University of Minnesota,IPUMS-USA. In addition to reviewing households wherein the mother and young adult child were present, the study also took households where both parents were present into account.Strangely, latent economic independence is particularlyprevalent in places where rent is less affordable. Areas like Miami, Riverside California, New York, and Los Angeles, all boast fairly high percentages of Millennials living at home, even though the median rent of all the areas mentioned accounted for up wards of 35% of income earned by the typical household.There were a few curious exceptions, however. In 12 of the most populated markets observed, the most recent cohort of Millennials seems to be defying the trend. Atlanta, Boston, and Seattle all instance a slightlyless percentage of young adults living with mom compared to last years numbers.The authors of the report suggest several possible antecedents to this collective hesitance to leave the nest. The authors report, Some may simply be unable to afford local housing costs others maybe could afford those costs, but choose to live with mom instead to more easily save for a down payment, security deposit or other big expense.Ladders recently reported on a study that motioned a comparatively underreported cause. A new Homes.com study found that 33% of 26 to 30-year-olds, 37% of 31 to 35-year-olds and 24% of 36 to 40-year-olds, moved back home. or boomeranged, due to a divorce or a rough breakup.You might also enjoyNew neuroscience reveals 4 rituals that will make you happyStrangers know your social class in the first seven words you say, study finds10 lessons from Benjamin Franklins daily schedule that will double your productivityThe worst mistakes you can make in an interview, according to 12 CEOs10 habits of mentally strong people

Saturday, November 23, 2019

5 Lessons I Learned From Quitting a Good Job- The Muse

5 Lessons I Learned From Quitting a Good Job- The Muse5 Lessons I Learned From Quitting a Good Job- The MuseWhen it comes to your career, theres no foolproof, success-guaranteed option. The smart choices can prove to be dead ends, and supposedly safe jobs can disappear in an economic crisis. Choices that appear risky to friends and make parents worry can prove to be winners, but the only way to know for sure is to take a chance. I made my own stupid career decision and heard behauptung worried reactions a decade ago. The result I now have my dream position.Looking back, heres what I wish Id known before I just up and quit my job with no solid plan 1. Everyone Will Have an OpinionYour parents will try to find a diplomatic way to ask if youve lost your mind- followed by inquiring just how youre going to pay your bills. You could hear questions like, Dont you think its 15 years early for a mid-life crisis? (I know, I did.) Co-workers might say how they admire your courage to your face, but whisper to each other that its a seriously foolish move.The LessonListen to everyone, but remember that you own your career. If you wake up in several years, wondering What if? you are the only partie youll be able to hold accountable for the decisions you did- or didnt- make. Fear of judgment is real, but that doesnt mean you should let it hold you back.2. Job Security Is an IllusionTwo years after I left a job at a top-20 bank, Lehman went bankrupt (followed by General Motors). Remember, theres no such thing as a permanent job and no such thing as a safe company. Working for a reputable organization is one factor to weigh into your decision- not the only factor.The LessonJob security doesnt come from a performance rating or the size and past history of an organization. Security comes from continuous efforts to develop your marketable skills and your passion to deliver results. A strong skill set will help you land on your feet- wherever you are.3. Job Satisfaction Hinges on Ma king a DifferenceIts a clich, but its also true. In a New York Times article entitled Rethinking Work, professor Barry Schwartz cites numerous examples of people finding fulfillment because of what theyre doing each day- not how much theyre getting paid. And this applies to everyone. Schwartz explains that its not just lawyers who leave white-shoe firms to work with the underclass and underserved. A study following hospital janitors showed that they identified the small things they do to make a patient feel better as the best part of their jobs (even if these werent tasks theyd be paid for). No matter the other perks of your job, if you crave responsibilities that will have a broader or different outcome, you wont be happy until you find a way to make a difference.The LessonSure, you can see just how long you can wait it out at a job where youre not doing meaningful work. However, its not sustainable in the long run. Moreover, its not worth it. By comparison, I love my current posit ion because Im set up for success and supported by my colleagues every day. When youre debating whether to say yes to a new opportunity, dont just look at title and compensation- consider impact, too. 4. Be Open to the UnexpectedMy breakthrough came 11 months after I left my job, in the form of an email from a former co-worker, who reached out completely out of the blue. (OK, technically, he welches my boss boss boss at my previous employer.) He sent me a note after hearing I was on the market. One conversation led to another, leading to a freelance consulting project and then an unexpected dream job in venture capital.The LessonYou might think, Ill make a change when something better comes along. But playing it safe can also hold you back. If you stay in a job that makes you unhappy- and keep your desire to make a change to yourself- you may be passed over for potential opportunities because no one knows youre looking. Sometimes you have to leap first. If thats impossible, at the v ery least, be open to people you trust about your hope to make a change.5. Careers Are Like a Road TripIts great to have a specific destination in mind (e.g., Seattle,) or maybe just a direction, (think Northwest). However, you dont need every road, intersection, and traffic light mapped out in advance. Stopping at roadside attractions is part of the fun- and part of your purpose. By banishing the notion of a wrong turn, you open yourself up to more experiences than if everything had to follow a specific plan.The LessonAlmost everyone likes to have his or her career mapped out (Five-year plan, anyone?). But if you go into a change with an inflexible idea of what youre going to achieve, youll miss opportunities to learn along the way, and you may skip over something that would be an even better fit. Be open to the journey, and you may find something you hadnt anticipated.The bottom line is this Your life and your career is likely to be a winding road with switchbacks and blind turns that other people- a.k.a., sensible people- might choose to avoid. But sticking with a soul-sucking job will be like driving circles in a cul-de-sac It leads nowhere and youll eventually run out of gas. So, if youre feeling stuck in an unhappy job, be daring and take a risk. Its not about whether other people will get it. Its about all the great things that lie ahead.

Thursday, November 21, 2019

4 Communications Skills to Highlight on Your Résumé

4 Communications Skills to Highlight on Yur Rsum4 Communications Skills to Highlight on Your RsumHeres somethingrsumreaders see all the timeExcellent Communications Skills. And heres something job seekers never see in a position descriptionMediocre Communications Skills Required. Its hard to imagine any job that doesnt require you to communicate well Yet, it is far better to utilizersumspace by demonstrating your communications capacities rather than simplyclaiming to have them. Of course, communications take many different forms oral or written, public presentations and confidential memos. Depending on the situation, it may require a simple text message or a nuanced argument. You might need to provide a status update with a dynamic spreadsheet or verstndigung im strafverfahren with an irate customer on the phone. Bosses need to tell their subordinates what to do and how to do it. Moreover, they need to motivate them by conveying a sense of urgency, purpose, potential rewards or consequences, or a broader vision. People on a team need to coordinate their efforts. They also need to keep their superiors updated on whats been completed, roadblocks or complications along the way, next steps and so on. The list of whats communicated and how its done is virtually endless, which is why when you say excellent communications skills on arsum,you dont further your cause by much. The Muse offers a list of 185 Powerful Verbs That Will Make YourRsumAwesome. This list can be helpful in prompting you to think about what you have actually done and how yourcommunications skills have contributed to your success. Then you can demonstrate the excellence of our communications rather than simplistically claiming to possess these skills. Here are some examples based on words found in The Muses list1. Writing. What have you written who is your audience and what is the impact of your composition? What happened because you wrote what you wrote? Here are two samplersumpointsCompo sed talking points for regional sales people to address X issue our potential customers confront and how our product represents the ideal solution. Campaign improved sales of our product by $X in Y period of time.Composed PowerPoint presentation for a nonprofit board of directors and walked them through alternative methods of developing donors and building relationships with them. Guided the discussion to focus on major donors rather than depend on expensive events-based fundraising that consumes greater staffing hours.2. Mentoring. Perhaps youve employed your listening skills to understand how you can use your knowledge and experience to improve the performance of others on your team still trying to learn the ropes.You might be able to use a bullet point like this on yourrsumProvided one-on-one coaching for X employees based on individual needs. Listened to their stories, determined aspirations and conveyed positive feedback to enrich productivity levels. Result Mediocre performers were transformed into the departments star employees.3. Standardizing. This refers to solid business performance uniformity in multiple departments, locations or functions. Things need to be measured, and processes must conform to a single standard in order to be understood by customers, employees and executives alike.Getting everyone to conform requires solid communications skills and can result in quantifiable,rsum-worthy results, such asStandardized locations of key products on store end-caps, resulting in X percent sales increase of seasonal, high-profit items. Conveyed information to all store managers and followed up to ascertain that directions were being followed to ensure store-to-store uniformity.Standardized reporting of sales and costs from multiple departments to present a clearer financial analysis of business to CFO and the executive team.4. Negotiating. Business is all about negotiating everything from how much one party will pay another, to delivery times and hund reds of other things. Clearly, excellent negotiating outcomes are dependent on ones ability to persuade a key communication skill. For exampleLeveraged ability to move quickly to gain a competitive advantage, thereby obtained a favorable price on X, resulting in an increased profit margin of $X for Y.Gained a favorable employment contract with X union by providing nonmonetary benefits of value to employees rather than increasing payroll costs for Y period of time. Presented proposal to union leaders and demonstrated why this outcome was of superior value to other proposals that were on the table for discussion. The list goes on and on. You can demonstrate your communications skills when you speak of facilitating meetings, problem solving, marketing and a host of other common workplace activities. The point is simple Show your skills rather than simply claiming them. When you do, you will prove that indeed you are an excellent communicator. Happy hunting