Yahoo Finance Live anchors discuss a new Adobe survey on Gen Z workers and their concerns of a possible recession, on January 26, 2023. #yahoofinance #genz #recession #adobe #economy #news #finance Watch more here: Don't Miss: Valley of Hype: The culture that built Elizabeth Holmes WATCH HERE: Subscribe to Yahoo Finance: About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more. To learn more about Yahoo Finance Plus please visit: Connect with Yahoo Finance: Get the latest news: Find Yahoo Finance on Facebook: Follow Yahoo Finance on Twitter: Follow Yahoo Finance on Instagram: Follow Yahoo Finance Premium on Twitter: ...(read more)
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70% of Gen Zers are Worried about Working in a Possible Recession As the global economy faces uncertainties due to the ongoing COVID-19 pandemic, it is not surprising that younger generations, like Gen Z, are concerned about their future job prospects. According to recent studies, a staggering 70% of Gen Zers are worried about working in a possible recession. Gen Z, often defined as individuals born between 1997 and 2012, have experienced economic turbulence throughout their lives. Many grew up witnessing the impact of the 2008 financial crisis on their families, and now, they find themselves facing an even more daunting economic challenge. The COVID-19 pandemic has led to countless job losses, business closures, and financial instability in many industries. Gen Zers, who are just entering the job market, are confronted with the grim reality of an uncertain economy. The fear of being unable to find employment or facing layoffs is at the forefront of their minds. One of the main concerns for Gen Zers is the fear of being overqualified and underpaid. With reduced job opportunities, increased competition, and companies downsizing, they worry about settling for low-paying jobs or being stuck in positions that do not align with their education and qualifications. This generation, often praised for their ambitious and entrepreneurial spirit, fears that their dreams of meaningful and fulfilling career paths may be derailed by economic downturns. Another factor contributing to their worries is the burden of student loans. Many Gen Zers have invested significant time and money into their education, only to face uncertainty when it comes to repaying their loans. With a recession potentially limiting job opportunities and salary growth, the fear of drowning in debt is a legitimate concern for this generation. The uncertain job market also intensifies concerns about financial stability. Gen Zers worry about their ability to afford basic necessities, pay rent, and save for their future. The economic hardships faced by their parents during previous recessions have left a lasting impact, and Gen Zers desperately seek financial security to avoid repeating history. However, it is not all doom and gloom for Gen Z. This generation is known for being adaptable and resourceful. They have grown up in the digital age and possess a unique set of skills that may prove advantageous in a post-pandemic job market. Their proficiency in technology, social media, and remote work can open avenues for alternative career opportunities. Moreover, Gen Zers have witnessed the world going through tough times and have learned valuable lessons from the experiences of previous generations. They understand the importance of resilience and adaptability. Many are exploring diverse skill sets, embracing entrepreneurship, and focusing on upskilling to increase their employability and create their own opportunities. To address the concerns of Gen Zers, policymakers, educators, and employers must collaborate to provide reassurance, guidance, and support. Increased investment in education, training programs, and mentorships can help equip this generation with the necessary tools to navigate through the challenging job market. Furthermore, employers who prioritize professional development, flexibility, and fair compensation will attract and retain talented Gen Z employees. In conclusion, it is evident that Gen Zers harboring concerns about working in a possible recession is a valid worry, considering the current economic state. However, with their resilience, adaptability, and determination to succeed, they are well-equipped to face the challenges ahead. By providing them with proper support and opportunities, we can help this generation overcome adversity and thrive in the face of uncertainties. https://inflationprotection.org/majority-of-gen-zers-concerned-about-potential-recessions-impact-on-employment/?feed_id=107934&_unique_id=648b3c0d9288b #Inflation #Retirement #GoldIRA #Wealth #Investing #Bonds #business #Currencies #Equities #FX #investing #investment #market #Markets #money #news #NYSE #personalfinance #politics #savings #stockmarket #Stocks #YahooFinance #YahooFInancePremium #RecessionNews #Bonds #business #Currencies #Equities #FX #investing #investment #market #Markets #money #news #NYSE #personalfinance #politics #savings #stockmarket #Stocks #YahooFinance #YahooFInancePremium
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