The baby boomers will retire earlier and live longer, draining young people's income with their final salary pension schemes - something youth will find impossible to attain.
David Arkless, the President of Corporate and Government Affairs at Manpower, travels the world speaking to governments and businesses about one thing: talent.
As unemployment amongst the young soars, the boss of private equity giant Blackstone has called for those under 25 to be equipped with better life skills.
Angry British students, some as young as 13, have taken to the streets recently, protesting against the government's decision to hike university fees in a bid to narrow the country's bulging budget deficit.
Young people are not preferred by employers and are the first victims of business cycles, José Manuel Salazar, executive director at the International Labor Organization, told CNBC Friday.
The banking profession is losing its shine and young people may be better off choosing jobs such as engineering, science or technical, various experts told CNBC.