SDS: Recruitment Agency
specialising in recruitment services for japanese speaking job seekers in Singapore

Millennials in high demand across a range of industries

CNBC's articled titled "Millennials, the hob market wants you" grabbed and held my attention last week.

Those 20-something-year-olds born in the 1980s to the early 2000s, seem to be in high demand across industries.

Ms Priya Bala, regional director of font, a recruitment agency covering Singapore, Malaysia, Hong Kong and New Zealand, commented that especially creative sectors like marketing and communications want job candidates in their twenties.

"Every industry needs savvy people born in the digital age. You can't rely on people getting older, you have to bring in new blood," she told CNBC.

"Millennials, also known as Generation Y or those born in the 1980s to the early 2000s, are in demand because employers can groom them for higher positions and they also come at a cheaper cost than older workers," added Sanjay Modi, Asia managing director of recruitment site Monster.com.

However, there are some challenges, too. Younger workers aren't afraid to quit the position to pursue something new.

The article also mentioned that Some 43 per cent of the over 2,500 global entrepreneurs surveyed in BNP Paribas' 2015 Global Entrepreneurialism Report were under 39 years old. The average start date of recent entrepreneurs is now under 29-32 years old while the older generation of successful entrepreneurs started business around 39 years old.