Millennials are the most diverse, educated and largest generation in history.

By 2025, they will comprise 75% of the workforce.

But will they stay on Long Island?

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Now more than ever, rising taxes, student loans and the cost of living are slowly becoming unsustainable for young people to thrive on Long Island.

The Suburban Millennial Institute is a non-partisan organization dedicated to finding public policy solutions that will make Long Island more attainable and desirable to young millennials- those aged 18 to 34

We focus entirely on working with the issues concerning young Long Islanders, and analyzing other public policy initiatives and government projects through the lens of the Suburban Millennial.

As the Long Island Index has appropriately illustrated, the region is plagued by a two-pronged problem that must be addressed:

The Brain Drain: we lost 15% of our 20-34 year olds during the last census period compared to a 5% increase nationwide

Nassau and Suffolk Counties do not adequately promote themselves as a destination for either immigration or emigration, and as a result we are only shedding population, not gaining it.

A recent report by Nassau County Comptroller George Maragos cited expensive housing and a scarcity of high-paying jobs in attractive fields as the key factors in Nassau’s declining population of young people. Young adults are going away to college and are never returning

We must reshape the job landscape as we know it on Long Island so that it becomes more attractive to millennials. According to a report done by Pricewaterhouse Coopers:

“Millennials tend to be uncomfortable with rigid corporate structures and turned off by information silos. They expect rapid progression, a varied and interesting career and constant feedback… Millennials want to feel their work is worthwhile and that their efforts are being recognized”

 

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