According to surveys, 50 percent of Gen Y-ers would rather be unemployed than stay in a job they hate. Unlike their child- and mortgage-saddled elders, many can afford to be choosy about their jobs, given their notorious reliance on their parents. After all, they can always move back in with Mom and Dad (40 percent of young people will move home at least once, per Pew research), who are likely to be giving them financial help well into their 20s (41 percent of Gen Y-ers receive financial support from their parents after college, according to research from Ameritrade).
In fact, it’s possible that a bad economy can make being choosy even easier — if more people are struggling to find work and living at home, there’s no stigma to it.
Nancy Sai, a 25-year-old who works at a nonprofit in Manhattan, spent a year living with her parents and working at a gas station while trying to snag her dream job. Her mom kept bugging her to look for something different — teaching! government! anything! — but Sai held firm. While it took her a year to find the ideal gig, she’s glad she waited. Her job is meaningful, the office environment friendly and welcoming, her bosses forthcoming with feedback. Some of her friends have not been so lucky — one quit her job in politics when her boss refused to give her any time off.