Today. mortgage the future with high spending on pensions, predominantly for aging boomers; cascading indebtedness; and economic policies unfriendly to the rapid growth necessary to assure upward.

Taking a closer look at the current scenario, the housing industry is actually reeling under extreme paucity of skilled labor amid rising prices of materials. But such factors are expected to wither.

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By: Teresa Lo Summary: Millennial workers are hard to find. Here are 20 ways to hire and retain them. Millennials comprise a workforce never before seen in the working world. While they may seem lazy or uninterested, millennials seek a different work experience than the working generations before them.

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Many companies, particularly in mortgage, struggle with attracting and retaining young talent. They say Millennials are not loyal or interested in.

 · Opinion: It’s time for companies to end the obsession with millennials and hire older workers with skills and expertise By Kelly Palmer Published: Sept 21, 2018 5:21 p.m. ET

Believability of brand – Millennials have the uncanny ability to smell a rat in an instant. In order for them to believe in your mortgage company, they must believe in your brand and everything it stands for. And, they must experience it personally. They want absolute honesty, 100% of the time.

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Millennials want to work for companies who make a difference in the world and their communities. They want to feel like they are contributing to something greater than just a steady paycheck. "I love my job because I get to assist families with the biggest purchase of their lives and ultimately help them create homes.

The construction industry has a reputation problem. It’s so bad that Millennial workers are largely turning away from jobs in construction. According to the Center for Construction Research and Training, the median age of construction workers in 2000 was 37.9.By 2010, the median age jumped to 40.4 years old.

The current jobless. as a result of the coal industry’s decline. Some parts of the country are already struggling with labor shortages, while others remain depressed. In parts of Florida,

 · Insurance Industry Rethinking Recruitment Strategies. The emphasis for insurers looking to increase staff size and replace employees is to cater to millennials, said Coons. With 66 percent of insurers looking to add staff, according to a Jacobson and The Ward Group study, and millennials expected to make up 50 percent of the workforce population, it’s a no-brainer.

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