If you belong to the so-called Generation Y (I will call so the generation born between the early 1980s and the late 1990s), you are in the focus of elder experts. The good thing about you is, they say, you are arriving on the job market familiar with up-to-the-minute technology skills, but, this is the bad news, you're lacking in other areas, such as business communication skills. Employers hate this.
What did happen? The number of freshmen studying a computer related discipline has fallen by incredible 70% since 2000 (in the US). This has been discussed here, too. Though technology has become an important part of everybody's life, young people no longer want to switch from a tech lifestyle to a career in technology. While being a computer geek was something new in former decades, this is nothing special anymore. Jobs in IT science or industry are missing that smell of rocket science: they have become commonplace, if not banal. Kate Kaiser, associate professor of IT (and one of Lee's instructors) at Marquette University thinks that "this generation is so familiar with technology, they see it as an expected part of life" thus declining it as a basis for a whole career. Together with the Society for Information Management she's trying to change this view. I'll keep observing their studies.
A big plus for you, young people, is your knowledge of recent technologies as the common Office products and web languages like Ruby. Also your ability to connect or network quickly is greatly appreciated by many consultants and employers.
But now we're coming to your deficits. You're lacking communication, basic math and writing skills and even "critical thinking". Some managers and academics now why: there are too many technical gadgets, too much instant messaging, too much SMS that are distracting from the important things. So all that networking stuff is OK as long as you're using complete sentences the grown-ups will understand. (I can't resist but ask which manager really wants people who are good in "critical thinking". If you're one of these, you'll get my vote!)
Growing up in families where the last generation of people dividing responsibilities the classic way (father works in the company, mom cares for house and family) experienced the limits of traditional family living. Companies won't hire employees for a lifetime any longer, salaries didn't keep pace with rising living costs. Many families in the US (and in other western countries) are overindebted. Having a job in the industry no longer guarantees wealth and security. Instead, you have to live corporate identity and to be aware of getting fired because of ongoing restructuring the company. No wonder that modern people want to have a better work/life balance and that many of them are rather sceptical about their pretended bright future. Working in a company doesn't need to be the sense of life any longer but is just another aspect of life among other things. This is certainly too much for conservative minds, and the imagination of people who won't meet their bosses face-to-face seems strange to them. But some companies are already adopting to recent employees' expectations. That's what modern technology was made for: to make life easier. Why should sitting at your desk in a cubicle be better than a flexible time schedule that allows working online from home? What reason - other than overcome traditional concepts of labor - is there for seeing your boss every day face-to-face? Wouldn't leaving the workplace at the end of work be better than leaving at the end of the day? Sure: but only if you don't get some extra work when you're done!
We're living in a time of transition where working conditions are still quite traditional when it comes to your claims on security, income, your rights as an employee etc. On the other side, companies are transforming rapidly and continuously while expecting from you to follow each new direction the company takes. It's not so long ago I've read an article about employees of a medium-sized IT company sympathizing with their former employers who had fired them. Yes, that was the generation before you, young people. Don't be so foolish, please! These times are over soon and I'm completely fine with that. So are you? (Source)