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Tight Job Market For Young People

February 7, 2014, 10:10 PM by Angela Kennecke

Tight Job Market For Young People
SIOUX FALLS, SD -

You always hear about our low unemployment rate in South Dakota. For Millennials, that rate is as much as three times higher.

In fact, the job outlook for young people has been called the worst in 50 years.

Augustana Senior Trevor Arnold is taking part in this Meet, Greet & Repeat interview process for ad agency Lawrence and Schiller.  He, and 93 other college students, are trying to snag one of five internships.

"It is a little scary, that's for sure!  But I'm going to be optimistic about it and whatever happens will happen and I'm going to try to take it the best I can," Arnold said.

Arnold knows he needs plenty of experience to be a contender in a tight entry-level job market. 

"Even if you get an internship, you're not guaranteed a job," Arnold said.

These Millennials are known for being pickier about who and where they work. With the unemployment rate for people their age running high, they may not have that luxury. 

"I just know I just need to take that first opportunity and learn from that and whatever I learn I can apply to my next position," College Junior Ashley Fuhrman said.

One of the reasons Millennials may not always get the jobs that are available is that they don't have the interviewing skills thanks to today's communication.  They grew up on the Internet and texting.  Events like these are designed to teach them how to be better interviewees. 

"Today they're going to have 25 interviews with our companies leading professionals, so it will give them a ton of experience right off the bat to help them improve their interviewing skills," Billie Jo Waara of Lawrence & Schiller said.

While only a handful will get in, all will gain experience that will help them the next time around. 

"My best advice to anyone in this stage of their life is to keep trying and just don't give up on yourself and even though you may hear a lot of 'no's,' just keep pushing because it will happen one day," Fuhrman said.

Lawrence and Schiller saw a 43 percent increase in applications for internships this year.  Applicants came from 22 different schools.

Unemployment Rate By Age In SD

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