Attracting and retaining young professionals remains a key focus as the region looks to sustain and build upon its resurgence. But by 2022, data projections from the U.S. Census Bureau show that the nation’s population of professionals ages 25-34 will grow by 4 percent, while that population in our own region is expected to decline by about 1 percent.
Young professionals represent the future of our region. It’s imperative that we hear their opinions and preferences so that we can understand what’s attracting them to the region and what’s causing them to move away or consider other areas. Then, we must act.
What we learned from our 2018 survey of young professionals.
Each year, the Buffalo Niagara Partnership and BN360, the region’s premier young professional engagement and development program, conduct a survey of professionals who are between the ages of 21 and 40 and who live and work in the Buffalo Niagara region.
Nearly 880 young professionals responded to our 2018 survey, which was sponsored by Bond, Schoeneck & King—a sample size that’s nearly double the number of people who took our 2017 survey.
Here’s a snapshot of what we learned:
- Overall, 95 percent of our survey respondents would recommend the Buffalo Niagara region as a place to live, work, and play.
- 31 percent of survey respondents do not see opportunities for their own career growth in the Buffalo Niagara region.
- In the next 10 years, 81 percent of survey respondents see themselves living in the Buffalo Niagara region.
- 22 percent of all survey respondents identified K-12 education in the City of Buffalo as the most critical issue facing the Buffalo Niagara region.
- 27 percent of survey respondents of color identified racial equity as the most critical issue facing the Buffalo Niagara region.
- 31 percent of all survey respondents identified waterfront development as the top area of opportunity for the Buffalo Niagara region.
To listen as Dottie Gallagher, our President & CEO, detail the results of our Young Professionals Survey, watch the webinar below.
It’s critical that employers recruit and retain young professionals. In our most recent Member Pulse Report, Partnership members identified workforce concerns as pain points. Data from our survey, coupled with this important input from Partnership members, tells us that now is the time to act. That’s why this year’s survey report includes a new six-step action plan that employers can use to retain young professionals.
Here’s how you can learn more.
Our 2018 survey of young professionals is full of important data that employers can use. We hope that you’ll join BN360 and the Partnership as an active partner in helping to ensure the vitality of our community and region for years to come.
If you’d like to download a copy of the survey report, which contains details on the six-step action plan, click here. With your download, you’ll also receive a social sharing toolkit.
And if you’d like to communicate with your elected representatives at the federal, state, and local levels about the issues that matter most to young professionals in our region, click here.