Artnet and the Association of Women in the Arts have released their second annual report, "Hardwiring Change: Buying Back Time," which reveals that 1 in 2 millennial women in the art industry are considering leaving their jobs within the next five years. The report, hosted by Margaret Carrigan, cites financial pressure, structural inequality, and institutional inertia as key drivers behind this trend.
This matters because the data signals a potential talent pipeline crisis for the art world, threatening its long-term diversity and sustainability. The exodus of millennial women—a crucial demographic—could exacerbate existing inequities and undermine efforts to build a more inclusive industry, making the report a sobering call for systemic change.