Millennial Vacation Habits Are A Cause For Concern

Vacation trends are changing and the new direction may come as a shock.

American workers have traditionally taken approximately 20 days of vacation per year but that is down to an average of 17 days, Thrive Global reports.

And it turns out millennials are the worst offenders. This group is the least likely to take days off, but they are also typically entitled to the fewest number of vacation days.

Millennials are at least twice as likely to forfeit vacation time because they are too afraid of losing their jobs, according to the report.

This is in large part because many millennials entered the workforce during the economic downturn, which means once they landed a job, they had a strong desire to prove their worth. Many of them are also coping with crushing student loan debt, which has proved to compound the problem, Project: Time Off reports.

But millennials now make up about half of the workforce, which means this trend could have serious implications for future generations.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Blackstone Global Head Of Real Estate To Depart Firm

How Prologis Conquered The World

The Number Of Large-Scale Data Centers In U.S. Projected To Triple By 2030

The Opportunities, Limitations And Benefits Of Reserved Investor Funds

What It Takes To Turn A Century-Old Chicago Office Building Into Modern Rentals

On The Fence About A New Fence? Why Perimeter Security Should Be Data Center Priority

After 5 Years Of Gains, Commercial Real Estate's C-Suites Just Got Less Diverse

Summer Broke The Script. Here's What CRE Is Walking Back Into

'We Aren't Competitive': Power, Taxes Keep Colorado On The Data Center Sidelines

£1B Property Group To Buy Huge Chunk Of Collapsed NCP Car Park Empire

1,300 Projects Potentially Paused Due To Suspension Of Quality Inspectors

Blue Owl Reportedly Planning Data Center REIT