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☆ Death of Fringe Friendships: Making Gen Z Sad, Hurting Job Prospects
  + stars: | 2024-02-01 | by ( Juliana Kaplan | ) www.businessinsider.com   time to read: +16 min
One of the biggest reasons for our shrinking social circles is the loss of fringe friends — casual friends that you enjoy seeing occasionally. These relationships might seem trivial or inconsequential, but experts and research indicate that fringe friends are vital. But now these fringe friend groups are disappearing, and we're all worse off for it. AdvertisementGlimmers of hope for Gen ZThe decline in fringe friends has also created a generational divide when it comes to who's doing well socially. There's no real solution to the loss of fringe friends.
Persons: Nikol Moses, Moses, Gen, would've, That's, —, Gen Zers, It's, Juliana Horowitz, Daniel Cox, Cox, what's, he'd, we've, Danielle Bayard Jackson, Long, Evan Paul Cudworth, Cudworth, Anna Goldfarb, I've, he's, Pew's Horowitz, Jackson, she'd, Goldfarb, it's, — Moses Organizations: Brisbane —, IRL, Pew Research Center, Gallup, Pew, American Survey, Survey, Survey Center, American Enterprise Institute, bodega, Federal Reserve Bank of Philadelphia, Facebook, Social, DMs, Pew Research, American Locations: Melbourne, Brisbane, Brooklyn, New York
☆ Remote work hasn't actually saved Americans much time — they're mainly just working more
  + stars: | 2023-01-30 | by ( Madison Hoff | ) www.businessinsider.com   time to read: +5 min
Not having to commute could mean getting to partake in leisure activities — or more time to get work done. A working paper looked at how people working from home are using their time saved by not commuting. In the US, 23 minutes of this time saved goes to jobs, 19 minutes on leisure, and four minutes on caregiving. Looking at just the results for these wealthy democracies, the US stands out for its lack of minutes saved. This isn't just the case for remote workers in the US; other countries like France also saw workers using most of their saved time on work.
☆ Millennials, Gen X, and boomer family members are cohabitating more than ever — and it's helping with their finances
  + stars: | 2022-04-07 | by ( Madison Hoff | ) www.businessinsider.com   time to read: +6 min
The share of people in the US living in multigenerational households has gone up compared to decades prior. Money is the biggest reason to live in a multigenerational household, a Pew survey found. In the survey, 67% reported "financial issues" as either a major or minor reason they live in a multigenerational household. For many young adults, living with parents or grandparents can be a financial lifesaver. Twenty-nine percent of lower-income US adult respondents living in multigenerational households said this has helped them a lot with their own finances.
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