Bloomberg on Nostr: Gen Z Is Frustrated, and It’s Not for Nothing ========== America's two-track ...
Gen Z Is Frustrated, and It’s Not for Nothing
==========
America's two-track economy is leaving many young adults behind. The latest Job Openings and Labor Turnover Survey revealed that US hiring fell in March to one of the weakest rates in the past decade. Unemployment remains low at 3.8%, but the rate of onboarding is closer to what the US experienced a decade ago during the long 'jobless recovery' from the global financial crisis. This is concerning for young people trying to build wealth and rebound from layoffs or enter the labor market for the first time.
#GenZ #FinancialSecurity #JobMarket #Economy
https://www.bloomberg.com/opinion/articles/2024-05-03/gen-z-is-frustrated-because-financial-security-seems-elusive
==========
America's two-track economy is leaving many young adults behind. The latest Job Openings and Labor Turnover Survey revealed that US hiring fell in March to one of the weakest rates in the past decade. Unemployment remains low at 3.8%, but the rate of onboarding is closer to what the US experienced a decade ago during the long 'jobless recovery' from the global financial crisis. This is concerning for young people trying to build wealth and rebound from layoffs or enter the labor market for the first time.
#GenZ #FinancialSecurity #JobMarket #Economy
https://www.bloomberg.com/opinion/articles/2024-05-03/gen-z-is-frustrated-because-financial-security-seems-elusive