Tuesday, June 14, 2016

Millennials with ‘portfolio careers’ — multiple jobs — increasing - NY DAILY NEWS

by Dr. Steven Lindner
Originally published: June 13, 2016
Publisher: NyDailyNews.com 

The ever-evolving nature of the workforce is changing the way professionals operate in the business world.

There is a growing trend of individuals choosing to work "gig jobs" over traditional 9-to-5 jobs. Rather than working for one employer, individuals work a series of part-time jobs that combined are equivalent to a full-time job.

Some economic experts, like Lakshman Achuthan of the Economic Cycle Research Institute, have expressed deep concerns about U.S. households working several part time jobs in order to make ends meet, giving the appearance of a robust job market.

But where some see barriers, others see opportunity. The times, they are a changin'. For the self-reliant and independent worker who values flexibility and choice, establishing a portfolio career is a popular option.

Now, as Millennials progressively continue to emerge as the largest demographic represented in the workforce, we are increasingly noticing that this generation is opting to establish a portfolio career almost straight out of the gate.