re: Study Finds American Millennials To Be Some Of The World's Least Skilled People

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Then you find the ones that do.

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They are fading.

The big problem is that the Boomer run large companies have decided to cut costs in training and not development talent like they used to. They do not invest in their employees, so why should their employees invest in them? They expect colleges to train people for jobs, ignoring the fact that colleges are not "job training" centers, and then complain, see this OP and article, when colleges don't spit out "skilled workers." And as parents, all they did was push "College, College, College," as the way to unlock this path.

This situation has created a large force of highly-college educated, but low skill workers who expect and will only take a certain kind of work, trying to apply to jobs at companies who expect them to have the exact credentials necessary for the work, while not planning to train, improve, or develop them as employees. They only rely on the credential as a value on that person's work. HARD WORK DOES NOT MATTER. It's a complete mismatch of input and output that's created and force-fed by the Boomers and how they operate.

Boomers: "Go to college first so we don't have to train you, go work somewhere else to get "experience," whatever the heck that means, then apply to work for us. Then you can have a low-paying job and try to work your way up to the top. We'll let someone else do all of the work building you up, all the while not leaving our positions so there's zero upward mobility. Until we die. And we're going to last as long as possible. Oh and here's the bill for taking care of us, worry about your own retirement later because Social Security is all ours. kthanxbye"
That's the way it is.

Newer tech-focused and SaaS companies have created a near opposite situation where they often don't expect people with the exact degree, they build FOR loyalty, but don't plan for it, and focus on talent hiring and curation. If you can get there, you're lucky.