This Week's Herman Trend Alert

Green Banks Thrive
 

  The Herman Trend Alert

September 12, 2007

What Young JobSeekers Want--Besides a Job

A just-released study from the Segmentation Company, a division of the market research firm Yankelovich reports that 65 percent of 1,000 respondents aged 24 to 35 said they preferred to "look for a job in the place that I would like to live," rather than "look for the best job I can find; the place where it is located is secondary."

The most popular qualities of a city (78 percent) were tidiness and attractiveness; the characteristic "will allow me to lead the life I want to lead" was a close second (77 percent). Young jobseekers want the cities they live in to be safe, clean, and green.

Forward-thinking city fathers and economic developers are romancing young workers more and more. As their Baby Boomers retire, the next generation better be there to fill the void. From coast to coast, cities, large and small, are vying to become the "in" place to be for fresh college grads.

Over the last 10 years, only 14 urban areas across the United States saw increases in this segment of workers. Those cities are Las Vegas; Nevada, Austin, Texas; Phoenix; Arizona, Atlanta, Georgia,; Raleigh-Durham, and Charlotte, North Carolina; Salt Lake City, Utah, Portland, Oregon, Denver, Colorado, Orlando, Florida, Nashville, Tennessee,; Dallas-Fort Worth, Texas, Miami-Fort Lauderdale, Florida, and Greensboro-Winston Salem, North Carolina.

(We just love it, when our forecasts are validated. Last week's Herman Trend Alert discussed "Domestic and Global Brain Drains". In it we noted the renaissance of Greensboro, North Carolina.)

The organization that paid for the Yankelovich study, titled "Attracting College-Educated Young Adults to Cities", is a Chicago-based association of urban leaders called CEOs for Cities. The advice of the group is to promote the fact that your city is "clean, safe, and green".

Look for more and more municipal governments around the globe, not just in the US, to base decisions on what these young jobseekers are looking for. It will be an important key for workforce development, because without these workers, employers won't be able to stay in business, since our young people today are much more mobile and willing to relocate.


© Copyright 1998- by The Herman Group, Inc. -- reproduction for publication is encouraged, with the following attribution: From "The Herman Trend Alert," by Roger Herman and Joyce Gioia, Strategic Business Futurists. (800) 227-3566 or http://www.hermangroup.com. The Herman Trend Alert is a trademark of The Herman Group, Inc."


ANNOUNCING: EMPLOYER OF CHOICE® WORKSHOPS
Have you wanted to be recognized as an Employer of Choice®? The first step is to send your champion to The Employer of Choice® Workshop. In Ho Chi Min City, Vietnam (17 and 18 March), Singapore (23 and 24 March), and Accra, Ghana (Week of 29 March), we will hold these two-day learning experiences. We will also hold a workshop in the United States in April. For more information, contact Joyce at 336-210-3548 or email, her: joyce@hermangroup.com. She will refer you to the local sponsor.

LOOKING FOR A DYNAMIC KEYNOTE SPEAKER WITH A GLOBAL PERSPECTIVE?
You need look no farther. Joyce Gioia (joy-yah) is a sought-after speaker in Asia as well as Europe, and of course the United States. Joyce shares her knowledge and expertise about talent engagement and retention with business executives around the globe. Her understandings and insights will inform and fascinate you. For more information on Joyce's topics, call Carol McKinney at 336-282-9370 or visit the web site at http://www.hermangroup.com/joyce.html.

GOOD SELECTION = BETTER RETENTION
If you are not using pre-employment assessments, you are flying without radar---not very smart in today's highly competitive environment. Let us help you better understand your candidates and your employees. In less than 30 minutes, you will know if they can do the job (abilities); their work behaviors, even their personality and attitudes (like integrity & ethics), and those can't be trained. It's very cost effective, too! For more information, contact Joyce at 336-210-3548 or e-mail assessments@hermangroup.com. Validated for many countries and cultures. We offer in-depth help with job descriptions, too! http://www.hermangroup.com/assessments.html


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