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☆ Many Gen Zers in their 'decisive decade' are leaving school and struggling to find work. They're part of America's disconnected youth.
▼ + stars: | 2024-05-05 | by ( Allie Kelly | Noah Sheidlower | ) www.businessinsider.com time to read: +9 min

Read previewYoung Americans are feeling increasingly isolated from their offices and classrooms, and these "disconnected youth" — or "opportunity youth" — may be ill-positioned for the future. Loneliness and a tough job market are leaving many Gen Zers feeling stuck, isolated, and unsupported. In fact, they're members of the disconnected youth — defined as Gen Zers who are not in school and not working. Disconnected youth are at risk of long-term stagnationMost Gen Zers — who are between the ages of 12 and 27 — are in this decisive decade. How to help disconnected youthAlthough many disconnected youth struggle with school and work, researchers cautioned against a "one size fits all" solution.

Persons: —, Gen Zers, Richard Reeves, Reeves, Zers, aren't, Zers —, Jonathan Zaff, Ian Rowe, Lara Aknin, Zaff, Zer, isn't Organizations: Service, Brookings, Business, Federal Reserve Bank of Dallas, National Center for Education Statistics, Boston University, American Enterprise Institute, Partnership Locations: North America, Brookings

☆ 3 reasons your teens and 20s are 'the decisive decade'
▼ + stars: | 2024-05-04 | by ( Allie Kelly | ) www.businessinsider.com time to read: +6 min

And there are three key reasons Gen Zers' decisive decade will shape their ongoing mental and financial health. Unhappiness can shape long-term mental healthGen Zer's mental health outcomes are shaped by their involvement in school and work, Brookings researchers said. AdvertisementAt work, many Gen Zers are struggling with anxiety, work-life balance, and burnout — more so than millennials, Gen X, and boomers. Unhappiness and social isolation are especially affecting Gen Zers who reached adolescence during the pandemic. Not all Gen Zers start on equal footingTo be sure, Gen Zers' education, work, and financial outcomes are also dependent on their life circumstances in childhood.

Persons: —, Zers, Gen Zers, Ian Rowe, Gen X, Lara Aknin, it's, Zer, isn't Organizations: Service, Pew, Business, Brookings Institution, Brookings, Urban Institute, American Enterprise Institute, Research Locations: America, Brookings

☆ Gen Z is full of financial angst despite inheriting a golden labor market
▼ + stars: | 2024-04-10 | by ( Allison Morrow | ) edition.cnn.com time to read: +6 min

Compared with Millennials, especially, who entered the workforce in the Dark Ages known as the Great Recession, the Gen Z experience is a dream. But Gen Z isn’t having an easy go of it either. Gen Z hasn’t had a chance to get a foot in the door. “Many Gen Zers also indicated their first step in managing behavioral-health challenges was going to TikTok or Reddit for advice,” the report said. It’s hard to blame them: Many in Gen Z had their formative school years blown up by a global pandemic.

Persons: CNN Business ’, Z, Zers —, ” Brendan Duke, they’re, haven’t, ” Duke, “, Z hasn’t, Duke, ‘, ”, Gen Zers, Zers, Gen Z, that’s, that’ll, We’re, X, Charles Schwab Organizations: CNN Business, New York CNN, Boomers, Center for American, Federal Reserve, McKinsey, Bloomberg Locations: New York

☆ A surprisingly large percentage of hiring managers don't want to hire Gen Zers — or older workers
▼ + stars: | 2024-04-05 | by ( Tim Paradis | ) www.businessinsider.com time to read: +6 min

About one-third of hiring managers in a survey admitted bias against Gen Zers or older candidates. That's because, according to a survey from Resume Builder, 36% of hiring managers said they were biased against Gen Z candidates. So why are some hiring managers not down with younger or older workers? Among the hiring managers who admitted to bias against Gen Z job seekers, more than three-quarters cited younger workers' lack of experience. Nearly two-thirds were worried older candidates would experience health problems, and almost half of all hiring managers identified worries that older workers didn't have sufficient experience with technology.

Persons: Gen Zers, —, Gen, Ageism, Stacie Haller, Haller, Zers, Barbara Corcoran, Gen Z, Nobody Organizations: Service, Facebook, Employment Opportunity Commission

☆ The top 10 U.S. cities where a $100,000 salary goes the furthest—half are in Texas
▼ + stars: | 2024-03-19 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +1 min

It turns out, that includes how far a $100,000 salary will get you, according to a recent SmartAsset study. A six-figure income offers the most purchasing power in El Paso, Texas, the study found. In El Paso, a $100,000 salary amounts to around $88,840 after taking out those expenses. One factor potentially fueling the Lone Star State's dominance is its tax friendliness, since Texas does not collect state income taxes. However, residents still pay federal income taxes and face some of the highest property taxes in the country.

Persons: Zers —, — Organizations: Council for Community, Economic Research, Census, Christi, Houston, Star Locations: Texas, U.S, El Paso , Texas, El Paso, Mexico, RentCafe, San Antonio, Lubbock

☆ Younger workers are actually using AI on the job less than Gen X and millennials
▼ + stars: | 2024-01-27 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

Digital natives like Gen Z may appear to be more open to using AI than older workers. Gen Xers and millennials employed in the US were found to use ChatGPT at work more than Gen Zers. Surprisingly, the consulting giant found that older American workers appear to be more open to using AI than their younger counterparts. For some Gen Zers, using AI has helped in their jobs. While some studies find that generative AI has saved hours of work, others suggest that using ChatGPT can make workers perform worse.

Persons: Young, Xers, millennials, Zers, —, Ernst & Young, Gen, they've, Marcie Merriman, Merriman, Gen Zers —, doesn't, Z, Dan Diasio, Morgan Young Organizations: Ernst, Service Locations: Americas

☆ Move over, millennials: Gen Zers are coming for boomers' houses
▼ + stars: | 2024-01-17 | by ( James Rodriguez | ) www.businessinsider.com time to read: +11 min

After all their economic misfortune, they'll still face a turbulent housing market and potentially tens of thousands of dollars' worth of necessary updates to boomers' aging houses. In his 2022 paper, "Who will buy the baby boomers' homes when they leave them? ", Engelhardt argued that mass aging would send ripples through the housing market but fail to push down prices significantly. After that point, demand for home purchases will once again outpace supply as millennials buy more homes and younger generations, like Gen Z and Gen Alpha, file in behind them. The timing of boomers' exit will mostly benefit younger generations, like Gen Z and Gen Alpha, who should find themselves on steadier footing than their predecessors.

Persons: Xers, they've, Zers, they'll, Odeta Kushi, Kushi, Gary Engelhardt, Engelhardt, Issi Romem, Meredith Whitney, Boomers, Gen Zers —, Gen, who've, millennials, boomers, Jessica Lautz, Nicole Bachaud, They've, Redfin, Alpha, they're, Lautz, savvier, Zoomers, James Rodriguez Organizations: millennials, Syracuse University, Boomers, Federal Reserve, Alpha, National Association of Realtors Locations: granny, New York, Los Angeles, Chicago, Dallas

☆ The workplace is transforming because workers want good jobs, not just jobs
▼ + stars: | 2023-12-05 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +7 min

Despite threats to job security such as layoffs, the rise of return-to-office mandates, and the prospect of artificial intelligence taking over jobs, workers have realized what's akin to letting a genie out of the bottle: Their jobs don't have to be just jobs. The push to make jobs back into careers, and good jobs, is just beginning. "And we've also seen just the massive gap between CEO salaries and frontline worker pay." Even so, there's been what Bruno called a "national consciousness raising" around what a quality job is. And thinking toward a future full of quality jobs is a message workers are taking to heart.

Persons: Ingrid Vilorio, She's, Vilorio, It's, Rob Bruno, Bruno, what's, —, Julie Su, Biden, Biden administration's, Su, there's, Zers —, Federal Reserve Banks, Keith Wardrip, Wardrip Organizations: University of Illinois, Workers, Treasury Department, Gallup, United Auto Workers, BI, Federal Reserve, Federal Reserve Bank of Philadelphia Locations: California, University of Illinois Urbana, Champaign, America, Philadelphia, Atlanta

☆ Gen Z may be on track to kill middle management
▼ + stars: | 2023-12-05 | by ( Lindsay Dodgson | Sawdah Bhaimiya | ) www.businessinsider.com time to read: +12 min

The result may be that Gen Z largely kills off middle management roles for good. AdvertisementIt may even be that Gen Z kills off middle management for good. Success looks different to Gen ZBen Voyer, an ESCP Business School professor and founder of the Gen Z Observatory, told BI that his research showed that "success takes many more different forms" for Gen Z workers. Advertisement"It seems like the employees like to blame the middle managers, and the leadership likes to blame middle managers," she said. AdvertisementKing also agreed that Gen Z rejecting middle management is not because they're work-averse or lazy.

Persons: —, Wendy, — millennials, Zers — Wendy, wasn't, Millennials, Gen Zers, Vivian Lynn, dwindles, Z Ben Voyer, Michelle P, Netflix's, it's, King, Morgan Sanner, they're, Sanner, Voyer, there's, Gen, Zers, they'll, haven't, millennials, Lynn, she's Organizations: Service, Business School, Resource Solutions, American Staffing, Harris, Pew Research Center Locations: America

☆ Blue texting bubbles are coming to this Android phone — but there's a catch
▼ + stars: | 2023-11-15 | by ( Kylie Kirschner | ) www.businessinsider.com time to read: +5 min

The Nothing Phone 2 will soon give Android users the option to communicate with Apple's iMessage. It works by asking you to log into your iCloud account through a Mac mini server farm, drawing security concerns. If messaging services are dividing phone users, then we want to break those barriers down. AdvertisementWhile a simple switch from green to blue bubbles might sound trivial, there really is an existing communication barrier for some Android users, especially when most of the people they talk to have iPhones. Business Insider previously spoke to Android users in their 20s who said they had received criticism and mean comments about their phone choice.

Persons: Apple's, They'll, —, there's, we've, Marques Brownlee, Brownlee, they're, it's, Zers —, Piper Sandler Organizations: Service, EU, Google, Apple, Android, Business, Union's Locations: London, Canada, Europe

☆ Gen Zers are saying 'no thanks' to promotions for reasons that go beyond money
▼ + stars: | 2023-11-08 | by ( Tim Paradis | ) www.businessinsider.com time to read: +6 min

Gen Zers aren't eager for promotions, partly because they believe management is unfulfilling. Gen Zers crave support, clarity on goals, a realistic career path. But actually, that's not the dream of many Gen Zers. For many Gen Zers, it can be easy to look at their managers and think, "No, thanks." The consultancy also found that Gen Zers think meaningful work is just as important as workplace flexibility when they're considering a job opportunity.

Persons: Zers aren't, Zers, —, that's, Emily Rezkalla, Rezkalla, she'd, Zers —, it's, Pradeep Philip, Philip, Gen, we've, they're, Rod Thill, he's, Thill, TikTok Organizations: Service, Deloitte, Economics, McKinsey

☆ For TikTok, He Asks You to Talk About Your Rolex or Patek
▼ + stars: | 2023-11-07 | by ( Ming Liu | ) www.nytimes.com time to read: +1 min

He now makes his living as a dealer; his videos are not sponsored by watch brands or industry organizations, but he does benefit from TikTok’s Creator Fund, which pays makers based on criteria such as views and engagement. Mr. Nouveau said he was inspired to join TikTok after seeing the success of men’s fashion influencers. He stayed off camera for his first video, which, in 56 seconds, featured a man talking about his 1968 Rolex Day-Date. But by his third post, Mr. Nouveau decided to go on camera. “Quickly I realized that while the ‘Watch Spotting’ was cool, there was an audience who was curious about collectability.”The age of his followers, he said, also was an eye-opener: “Suddenly, all these kids aged 16 to 30 were asking me, ‘Where do I buy vintage watches?’, ‘How do I find a good dealer?’, ‘My grandfather left me these 12 Patek Philippes — what do I do with them?’ An entire generation of young people, the ones that make up like most of the TikTok audience, were being ignored by the vintage watch community.”(According to the market research firm GWI, TikTok is the fastest growing platform worldwide among Gen Zers — except in China, where the domestic version, called Douyin, takes the crown — even though the oldest Gen Zers top out at 25 years old, and the average age of TikTok’s users is 34.)

Persons: Nouveau, “ Quickly, ‘, Zers —, Zers Locations: China

☆ Gen Z is lonely. Going back to the office may be the cure for some.
▼ + stars: | 2023-10-31 | by ( Aaron Mok | Lakshmi Varanasi | ) www.businessinsider.com time to read: +12 min

The solitude of remote work seemed to particularly hit Gen Z workers — who began their careers as workplaces went from in-person to virtual — hard. With companies asking — and in some cases mandating — their employees return to the office, Gen Z workers who are going in regularly have said they have a renewed sense of confidence in their jobs. Since Fitchett's employer started mandating employees go to the office, Fitchett said he finally feels a sense of ease at his job. Don't expect a full-scale return to the office quite yetThere's more that goes into a worker's preferences than loneliness, and Gen Z workers are mixed about returning to the office full time. For her — and many other Gen Z workers — the solution may come in some form of flexibility.

Persons: Ben Fitchett didn't, Fitchett, Ben Fitchett, Ben Fitchett Young, Aaron Terrazas, —, Cigna, Hubert Palan, Z, Covid —, Palan, Vivek Murthy, it's, Mansoor Soomro, Soomro, Gen, Juanita Garcia, Garcia, who've, Zers, Anita Pan —, Anita Pan, Pan, Ricky Yean, Zers —, Yean, Bianca Wu, Bianca Wu Bianca Wu, Wu, wouldn't Organizations: Company, Teesside University, Starbucks, Flow, Dell Locations: New Zealand, Los Angeles, New York, Washington , DC, Bay

☆ Meet the typical at-work ChatGPT user: A millennial secretly submitting writing tasks who's a bit worried AI will replace them
▼ + stars: | 2023-10-18 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +8 min

Workers using ChatGPT are likely to be a millennial, college educated, and seeking help with writing tasks. The typical worker using ChatGPT is using it for writing tasksWorkers mentioned in story not pictured. The typical worker using ChatGPT is doing so in secretA remote worker. In the subsequent months, it's likely that many workers using ChatGPT have been forced to continue doing so at least partially in secret. The typical worker using ChatGPT is a bit worried the tech could take their job somedayApplicants line up at a job fair at the Ocean Casino Resort in Atlantic City N.J., on April 11, 2022.

Persons: —, ChatGPT, they've, AJ Eckstein, Lais Silva, she'd, Gen Zers —, they'd, James Crisp, Tricia LaRue, It's, hadn't, it's, they're, Goldman Sachs Organizations: Workers, Service, Fortune, Google, realtors, Getty, Pew Research, MIT, Reuters, Deloitte, North American, Associated, Gallup Locations: Jersey, Missouri, Atlantic City

☆ Meet the typical gig driver: A millennial earning up to $40 per hour who doesn't have another job and depends on your tips
▼ + stars: | 2023-10-17 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +8 min

Gig drivers are likely to be dependent on the job for their main income, and need your tips. Omar FordIf the economy takes a turn for the worse and unemployment rises, the number of gig drivers could increase even further. The typical gig driver earns between $20 and $40 an hourSergio Avedian. The typical Uber driver earns $35 per active — or utilized — hour, the company said in February. In September, four ride-hailing drivers told Insider that they earn between $22 to $40 an hour after expenses.

Persons: —, DoorDash, Lyft, Omar Ford, Uber, he'd, Robert Alexander, Gen Zers —, Sergio Avedian, Guy, doesn't, New York City, they've, Nathaniel Hudson, Hartman Nathaniel Hudson, Hartman, Jeff Hoenig, Avedian Organizations: Service, Morning, Pew, New York Daily News, Tribune, Getty, Bank of America, The New York Times Locations: Los Angeles, New York, New York City Ribeiro, New, South Carolina, Portland

☆ 53% of Gen Z see high cost of living as a barrier to financial success. They're 'buckling down,' expert says
▼ + stars: | 2023-10-16 | by ( Lorie Konish | ) www.cnbc.com time to read: +3 min

Gen Z faces unique financial challenges compared to older generations. watch nowHigh inflation — and affordability concerns among Gen Zers — extend beyond U.S. borders. Yet, they show less confidence when it comes to saving for retirement or investing in the stock market, the results found. Experts say these three tips can help members of Gen Z learn to manage their money wisely. Make saving a habitUte Grabowsky | Photothek | Getty ImagesMore than half of Gen Z, 56%, do not have enough emergency savings to cover three months' worth of expenses, Bank of America's survey found.

Persons: Martin, Gen Zers, Gen, Gen Z, Douglas Boneparth, Boneparth, It's, it's, Barkley, Young, Roth Organizations: College, Deloitte, Bank of, Bone, CNBC, Experts, Photothek, Getty Locations: U.S, New York

☆ Trust in AI tools like ChatGPT is high among Gen Z — but Gen X and boomers aren't convinced, study finds
▼ + stars: | 2023-10-03 | by ( Aaron Mok | ) www.businessinsider.com time to read: +5 min

Most Gen Xers and boomers in a Salesforce study reported not using generative-AI tools like ChatGPT. Out of all the respondents who said they didn't use generative AI, 68% were born between 1946 and 1980. And 88% of nonusers ages 57 and above said they weren't using generative AI because they didn't know how the technology would affect their lives. AdvertisementAdvertisementFrom firsthand experience, Rogers said he believed that AI technology could make a positive impact on the lives of people about his age. AdvertisementAdvertisementIn fact, the Salesforce research suggested that older nonusers were open to using AI under certain circumstances.

Persons: Xers, —, Gen Xers, Zers, Chris Rogers, Rogers, he'd, he's, Priscilla O'Kesson Organizations: Service, University of Oxford's Institute, Population Ageing, Spectrum Locations: San Francisco, UK, Australia, India, Oklahoma City, Oxford

☆ Wendy's chief development officer had male mentors make room for her ideas, even when they weren't popular. It's made a big difference.
▼ + stars: | 2023-09-10 | by ( Josée Rose | ) www.businessinsider.com time to read: +14 min

In the latest Equity Talk, Pringle said male mentors made room for her ideas, even if they weren't popular. With growth comes opportunity, she told me, because "new restaurants create the next big promotion." It's working in our restaurants and talking to our crew members and our general managers on what we can do to really create opportunities. You know, new restaurants create the next big promotion — the next DM and GM and director of operations. Those are the things that I see in part of my role as being able to help create growth.

Persons: Abigail Pringle, Pringle, dulce, she's, I'm, Lindsay Radkoski, Lindsay, Suzie, You've, it's, We've, Wendy's, that's, we've, It's, I've, —, Thiti, Zers Organizations: Service, GM, CMO, CSR, Twitter Locations: Wall, Silicon, Wendy's, Canada, Philippines, India, Australia, Puerto Rico, leche, Argentina

☆ Managers say Gen Zers aren't getting work done and lack basic social skills – and it's driving them crazy
▼ + stars: | 2023-08-31 | by ( Jordan Hart | ) www.businessinsider.com time to read: +5 min

Some Gen Z managers told Insider they're fed up with their young workers. While Gen Z employees struggle to fit in at work, some bosses aren't sure how to lead them. In a public callout, Insider asked managers to share their experiences overseeing Gen Z workers. More than 20 people, ranging from millennials to baby boomers, sent emails describing their experiences managing Gen Z. India-based career coach Abhijit Bhattacharya told Insider that many Gen Z employees are looking for more meaningful work over higher pay.

Persons: aren't, Gen, they're, Gen Zers, Zers, Jeff Elkins, Elkins, Amber Forrest, Forrest —, Sean Cusack, he's, Cusack, Abhijit Bhattacharya, Bhattacharya, Gianna Driver, Michael Yan, Z Organizations: Service, Wall Street Journal Locations: Wall, Silicon, Florida, India

☆ I'm part of the luckiest class of Gen Zers. Here's how we won the economic recovery.
▼ + stars: | 2023-08-06 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +7 min

The pandemic threw Gen Zers off their professional trajectories. For the oldest Gen Zers, the pandemic economic recovery was a huge success. Here's how the class of 2019 won the pandemic recovery. The class of 2019 graduated into recession fears, but it was an economic downturn like none we've seen beforePolitano technically graduated in fall 2018, but considers himself part of my cohort as he began work in 2019. Are you a class of 2019 graduate, and have a story to tell about the economy of the last four years?

Persons: Gen Zers, Zers, Zers —, —, Joey Politano, he'd, Politano, couldn't, that's, they're, Hillary Hoffower Organizations: Service, Pew, millennials Locations: Wall, Silicon

☆ I'm a Gen Zer who gets asked what young workers want. It's simple: to be included in conversations about our careers and the workplace.
▼ + stars: | 2023-07-23 | by ( Alexandra York | ) www.businessinsider.com time to read: +5 min

I was on stage at a conference, tasked with leading a conversation about the future of work from a Gen Z perspective. Those Gen Zers who've made it into the workforce — we range from age 11 to 26 — tend to agree with these ideas, studies show . So at this event and another I took part in last week, I expected to hear all the tropes : "Gen Z is entitled," "Gen Z just doesn't understand the way things work," "Gen Z is asking for too much." When we turned to the audience for questions, one attendee asked: "How do we start these conversations with Gen Zers?" Members of older generations often allude to the idea that Gen Zers are demanding the impossible .

Persons: Gen Zers, Zers, Zers who've, Z, Gen Z, it's Organizations: Service Locations: Wall, Silicon

☆ Getting rich isn't the American Dream anymore, says new survey—here's how people define success instead
▼ + stars: | 2023-07-03 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

The "American Dream" has long been equated with economic achievement and wealth. "The American Dream is changing, according to small-business owners," Fara Howard, GoDaddy's chief marketing officer, tells CNBC Make It. Small-business owners are often considered a litmus test for the American Dream, as some entrepreneurs see startups as an opportunity to climb the socioeconomic ladder. Despite new definitions of the American Dream, survey respondents said that lack of access to technology, education and affordable health care still stand as barriers. "American small-business owners are thinking beyond revenue and sales growth when they consider what the American Dream means to them," Howard said in a statement last week.

Persons: Fara Howard, Gen Z, Zers, Howard, Warren Buffett Organizations: CNBC Locations: homeownership

☆ Americans' donations to charity are at a 28-year low. Blame inflation, the rise of crowdfunding, and the decline of religion.
▼ + stars: | 2023-07-01 | by ( Jacob Zinkula | Madison Hoff | ) www.businessinsider.com time to read: +7 min

It's part of the decades-long trend in which Americans have scaled back their charitable giving. There's evidence that this shift has impacted charitable giving. From 2000 to 2016, the share of Americans giving to religious causes fell from roughly 47% to 32%. Other donors have shifted their giving to political causes that wouldn't be classified as charitable giving either. Looking forward, Birkholz said he's optimistic the total giving figure will bounce back in 2023.

Persons: —, Josh Birkholz, We've, Birkholz, Jonathan Meer, Zers, I'm Organizations: Service, Privacy, Indiana University's School, Philanthropy, Indiana University, Pew Research Locations: Texas

☆ 6 ways companies can attract Gen Z job seekers and how to keep them happy, according to a talent expert
▼ + stars: | 2023-05-08 | by ( Alli Hoff Kosik | ) www.businessinsider.com time to read: +7 min

The current hiring market is competitive, but companies can take steps to attract Gen Z job seekers. When looking for job opportunities, Gen Zers — those currently under the age of 26 — will be attentive to things that may not have been prioritized by previous generations. Talent-development expert Chelsea Williams, whose national workforce and development company Reimagine Talent works closely with many Gen Z professionals, shared six things companies need to prioritize in order to stand out to Gen Z job seekers. Connect job applicants with new Gen Z hires as much as you can during the interview and hiring process. Gen Zers want to see that you're changing things up — and you'll find stronger applicants when you do.

☆ Why Gen Zers are asking about work-life balance during job interviews
▼ + stars: | 2023-03-03 | by ( Alexandra York | ) www.businessinsider.com time to read: +6 min

Gen Zers are prioritizing jobs where they can make a difference without burning themselves out. And many Gen Zers — myself included — have prioritized work-life balance. To find the right match, some in Gen Z ask hiring managers in interviews whether the company encourages work-life balance. Five Gen Zers shared how they're broaching work-life balance without risking their candidacy or feeding into the stereotype that they're lazy. "Gen Z is willing to have the difficult but essential conversations before they commit to a job," Kim said.

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