Gen Xers have quietly become the next generation of workforce leaders, rising to C-suite level positions, as they take on new roles and talk about hiring for positions that don’t exist yet. At the same time Gen Xers are juggling the heightened responsibilities at work, they’re navigating more responsibilities at home as they take care of kids and aging parents.
The real estate development industry is dealing with a representation crisis. According to a new study from the Initiative for a Competitive Inner City (ICIC) and Grove Impact, minority developers — Black and Hispanic — make up less than 1% of the entire real estate industry. African Americans make up 0.4% of the industry, while Hispanic developers represent only 0.16% of the industry.
Millennials currently make up the largest share of the U.S. workforce and are expected to make up 75% of the global workforce by 2025. Despite the cohort’s strength in numbers, the workforce isn’t evenly distributed across the nation, however, with many millennials opting to live in warm-weather destinations and large metropolitan cities as opposed to places like Michigan.
Pingree Detroit, a design and manufacturing cooperative near the city’s Fitzgerald neighborhood, is making the city a better place one recycled good at a time, and they’re doing it all while giving employees stock in the business.
They’re not the silent generation. Hidden from the spotlight until now, Gen Xers (born between 1965 and 1981) have quietly become the next generation of workforce leaders, rising to C-suite level positions, as they take on new roles and talk about hiring for positions that don’t exist yet.
Biking: it’s more than just exercise. It’s equitable transportation, entertainment and a way for people to be introduced to Detroit and what the city has to offer.
As cities and downtowns continue to navigate post-pandemic recovery, downtown Detroit’s recovery has been night and day, literally. While nightlife activity has nearly fully returned to pre-pandemic levels, weekday activity has been slow to return to downtown Detroit, having an impact on business and the city’s overall economic recovery.
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How has the shift to remote and hybrid work impacted downtown Detroit’s vibrancy? Has the pandemic upended the notion that downtowns thrive on in-office workspaces and large company headquarters?
Millennials are expected to make up nearly three-fourths of the global workforce in the next two years, and many are moving away from now-unaffordable and overpopulated cities like New York City and San Francisco to cities down South including Austin, Dallas, and Miami.
