Today's college graduates may have 5 to 7 completely different careers. Diversity and Aging in the Work Place Over the next ten years, there will be a significant increase of females, Hispanics, Asians, and African-Americans in the workplace while the number of white males will decrease. The result will be a diversity of race, culture, and lifestyles. Money Matters Inflation has been stabilized but real wages for most workers have declined. Pay raises are modest and often do not keep up with the increases in living costs.
Many new jobs pay low wages and offer no advancement opportunities.
There has been an increase in the number of college graduates who are underemployed and work in jobs where a degree is not required. Many companies now hire temporary and leased works because they do not have to pay the high cost of benefits. These trends, which often reflect what is occurring in the global economy, have produced considerable anxiety in both individuals with jobs and those who are looking. Best Employers Job seekers tend to view the large national companies as sources for the best job opportunities. While a few of the bigger corporations have increased recruitment efforts in the last few years, competition is furious.