Welcome to the era of stability stacking
Millennial workers are increasingly adopting 'stability stacking' by taking on multiple jobs and diversifying their skills to combat career insecurity. A Glassdoor report suggests this trend is a response to economic uncertainty and a lack of traditional career progression.
Why it matters
It highlights a significant shift in labor market behavior and the psychological impact of economic instability on the largest generation in the workforce.
More than three-quarters of millennial workers said they're questioning their career paths. Creative Credit/Getty Images Recession and layoff-battered millennials don't feel very stable in their careers. In response, they're "stability stacking," according to a new Glassdoor report. That means everything from taking on multiple jobs to developing new skills. Millennials are feeling insecure about their jobs, and they're piling on alternatives to traditional careers to build their own safety nets. They're the largest generation in the workforce and are taking on multiple income streams, skills training, and other jobs outside their primary work to feel more secure — what Glassdoor terms "stability stacking." This comes as multiple job-holders are increasingly well-educated, middle-class earners , indicating that labor market instability is plaguing the generation that should be in their prime working years. What's your experience like as a millennial in the workforce? Have you been stability stacking?
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