Burned out older millennials are rethinking their careers

Source: Jennifer Liu, CNBC (Paid Registration)

Many millennials went to college at a time when education costs soared and graduated into a financial recession that gave them limited career opportunities to pay off their student loans, let alone save for other financial milestones. Then, companies began to eliminate middle management jobs—the ones millennials were working toward—as the job market tanked during the financial crisis. Senior leaders who weren’t pushed out of work delayed their retirement. At the very top, CEOs got older, stayed longer and got a lot richer.

Now, millennials are the largest generation in the workforce, and the oldest among them turn 40 this year. And many of them are rethinking whether climbing the corporate ladder is really worth it after spending their early careers burning out on limited opportunities.

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