Millennials and the Future of American Business By Bryce Bytheway
T
he American workforce, and the global economy as a whole, is going through a change. Baby Boomers, who have had an astronomical influence on the global economy, are beginning to leave the work force. The Millennial generation—those born within that last thirty years— has begun to exit college and enter the workforce en masse, and soon the world’s business leaders will comprise of this “tech native” group. However, the question has been raised time and time again: are Millennials up to the task? How much confidence do older generations have in this younger generation as the future? How do Millennials view themselves, and their current situation? What is the future of American business? Baby Boomers are a genially stubborn generation; business leaders among them form their own ideas, and then make them happen. Those who work in manufacturing or the trades, as well as the small business owners, are frequently called the backbone of the American economy. Millennials have been raised sitting at their feet, listening to their stories, and learning from their examples; and yet many Boomers are apprehensive about passing the economy into their hands. They watch as their children and grandchildren flitter from one source of amusement to another, all the while their mobile devices are in hand to provide constant amusement, and consequently, distraction.
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