Millennials pursuing self-employment in steadily growing numbers

January 22, 2016

A growing number of people entering the Canadian workforce have little desire to work a 9-to-5 job with a “boss hovering over them,” reports The Record. Drawing on data from a 10-nation poll of 5,800 participants, the article suggests that professionals from the millennial generation exhibit a “fundamentally different approach” to achieving happiness than previous generations. A second study from Intuit found that a full 25% of millennials start their own businesses without ever having held a full-time job. However, questions remain about how much this trend stems from this population’s desire for independence and how much it stems from a growing lack of full-time employment opportunities. The Intuit study also raised concerns about the explosion in millennial self-employment, as it found that 69% of those who started new businesses did so without any formal business plan. The Record