Generation X takes the lead in the future of work

[MUSIC] [MUSIC] >> rand, let's just jump right in.

let's set the table.

what is the workforce landscape right now for someone who's a gen x or, you know, are they what?

what level of of job are they holding?

what what's the next step for them in the workforce?

tell me a little bit about about that.

>> first and foremost, i'd like to talk about some trends that we're seeing right now in the workforce.

just a few years ago, millennials surpassed gen xers as the largest generation in workforce.

in terms of just the sheer volume of workers that are currently engaged in the work force in twenty twenty-three and baby boomers either having retired or staring down retirement themselves.

there's plenty of older gen xers who are also kind of following suit with the baby boomers.

maybe they're preparing for retirement themselves.

we know that for the most part, gen x, which will be in the workforce again for the next and at two, thirty years when you make sure that they are continuing to have a significant impact in the workforce, of course, they certainly are.

gen xers are now also entering their prime in common ages.

we know that typically aged forty-five to fifty-four in the united states is typically the age demographic that sees or just a role in terms of potential earnings over the course of that time period.

so many of our you're entering that have entered that prime in common age as we speak in addition to entering their prime in coming age.

they're also making up the majority of leadership positions across the river says that fits your michigan or in the united states.

but globally jackson's makeup about fifty-one percent of leaders in organizations with an average of about twenty years of work experience.

so they certainly follow that natural progression of going from entry level positions all the way up through the middle management.

now it's upper-level management.

get the ship is a good example.

the public and private sector and how valuable.

>> our gen xers with that breath of experience in the work force already going to be for, you know, any kind of organization or company going into the future be because, you know, they're they're taking up the mantle for boomers, but they just have so much more experience than a lot of millennials, too.

>> really, they are kind of that forgotten middle child between baby boomer generation and the millennials.

that is not mike.

you know, it's not me speaking personal opinions, but i let the data speak for itself over the last several years we've seen gen x or is that an average promotion of only one point two promotions over a five-year period.

that's what we're done both.

>> millennials and baby boomers.

what does michigan need to be doing to make, you know, jobs themselves, the work itself more attractive to get people to come here?

>> some things that michigan can do it.

i think michigan does get quite well.

it's really need to double down on those efforts is accentuating those positive action is part of our state.

many people may not know if they live outside of the midwest, but michigan has the largest shoreline of fresh water in the country.

and we certainly look at how or are are wonderful assets are natural beauty that is on par with other parts of the state, other parts of the country and other parts of the globe, quite frankly.

so for folks are looking for that.

we work play aspect, but you're never too far away from some of those outdoor amenities.

but we also have a number of cultural assets that we continue to highlight institutions of higher learning for folks like myself who are big sports fans, a professional sports teams like the red wings and the tigers lions and the pistons.

those are all the attributes that we need to continue highlighting to post outside of michigan, not just to come here to tour the staple hopefully come here relocate to the states that we can continue to grow in population in the coming years.

>> if we do have, you know, a perfect marketing campaign, pure michigan is a global phenomena.

it goes viral.

all the right things happen for us in the right ways.

are we ready as the state infrastructure, ali, to handle an influx in population and people at that?

we have the jobs.

do we have the amenities?

do we have things that we need to to get what we're asking for?

>> we certainly have the jobs.

i don't think that's that's the issue here.

we have an average of about five hundred thousand job openings in michigan.

it's similar to many other parts of the country.

there's way more job openings compared to the number of individuals searching for jobs.

the jobs are to hear what certainly encourage anybody that is interested in looking for their next professional journey to take a look at michigan.

we have a range of occupations and industries that are hiring from advanced manufacturing to it.

health care, the job.

but certainly there.

i think the infrastructure largely is there.

and we are seeing so significant investments that have been outlined, perhaps, you know, for example, and the governor's executive budget recommendations at the advancing some objectives and investment into affordable housing because that is always a concern not just in michigan but across the country.

if it works coming to the victims, they have places where they can live there portable.

they're not outside of the reach for the salaries wages and they are currently receiving.

so that's all very positive news from an infrastructure standpoint.

and of course, as i mentioned before in this chat today, the cultural and that is the natural assets are certainly all there as well.

i think michigan is prime for very significant comeback in terms of population increases over the next few decades.

super bowl is shot.

our prospects has day two reap the benefits of relocations from individuals that might be seeking a new opportunity.

i'm going to kind of like michigan's that is very favorable toward that growth.