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Millennial Force 
Speeds Ahead 
Q2’ 2014 U.S. Job Growth 
SSG Analysis Report August 2014 
As part of our ongoing series, SSG analyzes economic indicators 
from various sources, sharing growth insights that are vital signs of 
“new” economic opportunity in the Total Market. 
2014 © Santiago Solutions Group Inc.
Millennials 25-34 Make Up 1 In 4 Of 
U.S. Employed Base 
2 
2014 © Santiago Solutions Group Inc. 
Share of Total Employed Q2:14 
25% 
75% 
Millennial Non-Millennial 
Total Employed: 127.4 M 
Source: SSG analysis of BLS Quarterly Census of Labor Force Statistics Quarter 2 2014; 
Millennial Base: 25-34 
31.8 M 
95.7 M
While Millennials Make Up 25% Of Total Employed, 
They Now Make Up 37% Of Those Newly Employed 
3 
Share of Total Employed Q2:14 
25% 
75% 
31.8 M 
95.7 M 
Millennial Non-Millennial 
Share of Growth Q2: 2013-2014 
37% 
63% 
Millennial Non-Millennial 
However, according to a recent Deloitte report, 18% of 
Millennial graduates are underemployed. 
Source: SSG analysis of BLS Quarterly Census of Labor Force Statistics Quarter 2 2010- 2014; 
Millennial Base: 25-34 
Source: Deloitte report on The Class of 2012 Labor Market- Shierholz, Sabadish, and Wething 
+500K 
+900K 
Total Employed: 127.4 M Net Growth: 1.5 M
4 
2014 © Santiago Solutions Group Inc. 
Millennials Are Maintaining An 
Accelerated Rate of Job Growth 
Millennial employment 
continues growing at 
twice the rate seen right 
after the official end of 
the recession in 2010-11. 
Source: SSG analysis of BLS Quarterly Census of Labor Force Statistics Quarter 2 2010- 2014; 
Millennial Base: 25-34
The Pace of Millennial Job Gains Has 
Increased Further and Continue to Speed 
Ahead 50% Faster Than Total Employed 25+ 
5 
2014 © Santiago Solutions Group Inc. 
Employment Growth Rate 
4 year CAGR 
2010-2014 
1.3% 
2 year CAGR 2012-2014 
1.1% 
1.8% 
1.2% 
MILL Total 25+ 
Source: SSG analysis of BLS Quarterly Census of Labor Force Statistics Quarter 2 2010- 2014; 
Millennial Base: 25-34
Millennials Are Securing Jobs at a Pace 4x 
Faster Than They Are Entering the Work Force 
6 
Millennial Annual Growth 2010-2014 
Source: SSG analysis of BLS Quarterly Census of Labor Force Statistics Quarter 2 2010- 2014; 
Millennial Base: 25-34 
2014 © Santiago Solutions Group Inc. 
1.3% 
0.3% 
Employed Civ Labor Force 
Not only are Millennials 
growing at a much faster 
rate than total employed, 
they are also acquiring 
employment faster than 
they are entering the 
labor force.
Millennials Are Increasingly More Confident, 
Feeling Financially Better Now than Last Year 
But Still Careful About Taking Major Financial Risk = Debt 
% Very Likely to Buy Home in Next 12 Months Among Employed 
7 
Since 2010, Millennial 
confidence in overall 
financial stability has 
significantly increased. 
24% 33% 
2010- 2013 
change : 
+12% 
Though increasing, 
Millennials’ likelihood 
to buy a home still low. 
10% 11% 
2010- 2013 
change : 
+5% 
Source: SSG Analysis of Gfk MRI 2010-2013 DoubleBase Survey of the American Consumer; Consumer 
Confidence - Financially How Are You/Household Than Last 12 Months: Better now.; Your Intentions - How 
Likely In The Next 12 Months: Buy your first or second house/residence Very Likely; Base: Employed 25-34
Millennials Speeding Ahead In Jobs & 
Optimism Yet with Restrain 
 Millennials are obtaining employment at a significantly 
higher rate than total population, managing to sustain 
these jobs and, even still, avoiding risky investment 
decisions. 
 Though hit hardest and longest by the recession, 
Millennials are now increasingly optimistic about their own 
future value and stability. 
 Millennials are now at the most accessible point since the 
recession for durable purchases; in time for a merrier 
Holiday season! 
8
2014 © Santiago Solutions Group Inc. 
About 
Santiago Solutions Group 
 We guide clients using advanced 
research, projectable opportunity 
sizings, innovative modeling and 
predictive analytics. Yet, integrating 
and distilling rigorous data is just 
the base to reduce your financial 
risk. 
 Leveraging client-side 
experience and consulting, we arm 
you with intelligence, ownable 
insights to purchase, strategic 
pathways aligned with the highest 
impact priorities, and effective Total 
Market roadmaps inclusive of 
customer journeys. 
To Learn More, a subscription to SSG’s 
newsletter provides you with access to 
this and other SSG’s full Reports… 
santiagosolutionsgroup.com/subscribe/ 
@Santiago_Group 
@Carlos_SSG 
SSG: 818.736.5661 
Santiago Solutions Group 
SantiagoSolutionsGroup.com 
Carlos@SantiagoSolutionsGroup.com

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Millennial Force Speeds Ahead

  • 1. Millennial Force Speeds Ahead Q2’ 2014 U.S. Job Growth SSG Analysis Report August 2014 As part of our ongoing series, SSG analyzes economic indicators from various sources, sharing growth insights that are vital signs of “new” economic opportunity in the Total Market. 2014 © Santiago Solutions Group Inc.
  • 2. Millennials 25-34 Make Up 1 In 4 Of U.S. Employed Base 2 2014 © Santiago Solutions Group Inc. Share of Total Employed Q2:14 25% 75% Millennial Non-Millennial Total Employed: 127.4 M Source: SSG analysis of BLS Quarterly Census of Labor Force Statistics Quarter 2 2014; Millennial Base: 25-34 31.8 M 95.7 M
  • 3. While Millennials Make Up 25% Of Total Employed, They Now Make Up 37% Of Those Newly Employed 3 Share of Total Employed Q2:14 25% 75% 31.8 M 95.7 M Millennial Non-Millennial Share of Growth Q2: 2013-2014 37% 63% Millennial Non-Millennial However, according to a recent Deloitte report, 18% of Millennial graduates are underemployed. Source: SSG analysis of BLS Quarterly Census of Labor Force Statistics Quarter 2 2010- 2014; Millennial Base: 25-34 Source: Deloitte report on The Class of 2012 Labor Market- Shierholz, Sabadish, and Wething +500K +900K Total Employed: 127.4 M Net Growth: 1.5 M
  • 4. 4 2014 © Santiago Solutions Group Inc. Millennials Are Maintaining An Accelerated Rate of Job Growth Millennial employment continues growing at twice the rate seen right after the official end of the recession in 2010-11. Source: SSG analysis of BLS Quarterly Census of Labor Force Statistics Quarter 2 2010- 2014; Millennial Base: 25-34
  • 5. The Pace of Millennial Job Gains Has Increased Further and Continue to Speed Ahead 50% Faster Than Total Employed 25+ 5 2014 © Santiago Solutions Group Inc. Employment Growth Rate 4 year CAGR 2010-2014 1.3% 2 year CAGR 2012-2014 1.1% 1.8% 1.2% MILL Total 25+ Source: SSG analysis of BLS Quarterly Census of Labor Force Statistics Quarter 2 2010- 2014; Millennial Base: 25-34
  • 6. Millennials Are Securing Jobs at a Pace 4x Faster Than They Are Entering the Work Force 6 Millennial Annual Growth 2010-2014 Source: SSG analysis of BLS Quarterly Census of Labor Force Statistics Quarter 2 2010- 2014; Millennial Base: 25-34 2014 © Santiago Solutions Group Inc. 1.3% 0.3% Employed Civ Labor Force Not only are Millennials growing at a much faster rate than total employed, they are also acquiring employment faster than they are entering the labor force.
  • 7. Millennials Are Increasingly More Confident, Feeling Financially Better Now than Last Year But Still Careful About Taking Major Financial Risk = Debt % Very Likely to Buy Home in Next 12 Months Among Employed 7 Since 2010, Millennial confidence in overall financial stability has significantly increased. 24% 33% 2010- 2013 change : +12% Though increasing, Millennials’ likelihood to buy a home still low. 10% 11% 2010- 2013 change : +5% Source: SSG Analysis of Gfk MRI 2010-2013 DoubleBase Survey of the American Consumer; Consumer Confidence - Financially How Are You/Household Than Last 12 Months: Better now.; Your Intentions - How Likely In The Next 12 Months: Buy your first or second house/residence Very Likely; Base: Employed 25-34
  • 8. Millennials Speeding Ahead In Jobs & Optimism Yet with Restrain  Millennials are obtaining employment at a significantly higher rate than total population, managing to sustain these jobs and, even still, avoiding risky investment decisions.  Though hit hardest and longest by the recession, Millennials are now increasingly optimistic about their own future value and stability.  Millennials are now at the most accessible point since the recession for durable purchases; in time for a merrier Holiday season! 8
  • 9. 2014 © Santiago Solutions Group Inc. About Santiago Solutions Group  We guide clients using advanced research, projectable opportunity sizings, innovative modeling and predictive analytics. Yet, integrating and distilling rigorous data is just the base to reduce your financial risk.  Leveraging client-side experience and consulting, we arm you with intelligence, ownable insights to purchase, strategic pathways aligned with the highest impact priorities, and effective Total Market roadmaps inclusive of customer journeys. To Learn More, a subscription to SSG’s newsletter provides you with access to this and other SSG’s full Reports… santiagosolutionsgroup.com/subscribe/ @Santiago_Group @Carlos_SSG SSG: 818.736.5661 Santiago Solutions Group SantiagoSolutionsGroup.com Carlos@SantiagoSolutionsGroup.com