Millenials hurting Portland's economy

Millenials hurting Portland's economy

Oregon Business Plan chairman John Carter says the newest generation of workers lacks the drive that defined baby boomers.

"We've raised a generation that believes the only place you break a sweat is L.A. Fitness," he said.

Instead, he said, young grads are flowing into Portland for the lifestyle -- not for jobs. College grads are working as baristas or camping outside City Hall, said Carter, board chairman for Schnitzer Steel Industries Inc., the global metal recycling business based in Portland.

Part of the problem, Carter said, is the training young workers are receiving. "We've let our students follow their muse, but their muse may not be going anywhere."