Why Gen Z Struggles to Climb the Ladder While Boomers Can’t Seem to Get Off It—And What It Means for Your Financial Future
The Gen Z Struggle: Locked Out Before They Start
Let’s start with the sobering reality facing young Americans today. When previous generations graduated from college, about 25% could expect to be unemployed in their first year of employment. Today, nearly 60% of fresh-faced Gen Z graduates struggle to land a job, according to a recent Fortune analysis.
This isn’t because Gen Z lacks skills or motivation. This is because the entry-level job market has undergone a fundamental change. Technology, particularly AI, is eliminating many of the traditional first jobs that previous generations used as stepping stones into their careers.
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