- A new phase of life - emerging adulthood - requires new forms of support. Traditional markers of adulthood - finishing school, marrying, having children, gaining financial independence - are taking longer for young people.
Young people face disproportionate economic struggles - their wages and employment levels have not recovered from the Great Recession
- Skills, not degrees, are increasingly critical for employment.
The world of work is changing - rapidly. Freelancers make up 34% of the current workforce and will comprise 50% of the workforce in 2020.
The Fourth Industrial Revolution is here. We need to prepare young people to succeed in a future of work shaped by automation, algorithms, advances in bioscience and artificial intelligence.
- There’s a skills gap and skills mismatch in the economy. 45% of small businesses have jobs they cannot fill. A record 6 million jobs were open in June of 2017.
Five Years In represents a new start - a time to embark on a new journey, lean into discomfort and make a commitment to personal and professional growth and success. Four year cycles of school are safe - meet others’ expectations and you’ll get good grades. The fifth year is a time to decide what problems you want to solve and to build your professional identity in a world where good grades will only get you so far.
Given recent and rapid changes in the workplace, it’s imperative that young people position themselves strategically. Our economic growth is predicated on innovation. The needs of an innovation economy differ sharply from the supply of students graduating from an industrial era school system. Five Years In is dedicated to creating strategies and programs for young people to thrive in a skills-based, freelance, entrepreneurial economy.