One-third (32%) of Gen Z respondents say they are the hardest-working generation ever, with Millennials ranked as the second-hardest working generation at 25%. More than half (56%) say the Silent Generation is the least hardworking generation of all time.
Millennials are arguably the hardest working generation in the workforce today, albeit how they approach work looks drastically different than their older counterparts. Boomers typically approach work in a hierarchical structure.
Coming from a world where the economy was thriving and opportunities were booming, baby boomers tend to be driven in terms of their work ethic. Many people in this generation had an opportunity for a career and a university education, unlike their counterparts earlier in history.
Gen Z are most competitive generation - and most money-focused.
This generation cares greatly about autonomy and work-life balance — almost two-thirds of Gen Z would prefer to work for themselves in a start-up. About half report that they would quit their job if it interfered with their work-life balance.
One-third (32%) of Gen Z respondents say they are the hardest-working generation ever, with Millennials ranked as the second-hardest working generation at 25%.
Research also indicates that Gen Zers are currently the most stressed demographic of people. The American Psychological Association (APA) reports that: 90% of Gen Z experienced psychological or physical symptoms as a result of stress in the last year.
Some reports indicate that the competitive nature of Gen-Z means they are more interested in working independently. After all, they were raised by highly independent Gen-Xers, so today's youths are used to doing things on their own. However, other reports call Generation Z more collaborative than Millennials.
Generation X was never one for labels. The so-called “slacker” generation of the 1960s, '70s, and '80s was known in its youth for being cynical, rebellious, and not wanting to be put in a box.
As a result, more millennials than ever report being happy. That's especially true compared to the Baby Boomers, which the Pew Research Center labeled the “gloomy” generation. Baby Boomers tended to rate their overall quality of life much lower than non-boomers.
A new report from Gympass, the world's largest corporate wellbeing platform, has found that despite Gen Z's reputation for shirking work, they are actually the happiest at work and also the hardest working.
Gen Z is also the smartest and best educated generation. Having an unlimited wealth of information at our disposal has not gone to waste. In America, 57 percent of Gen Z is reported to have enrolled in a two-year or four-year college, compared to 52 percent of Millenials and 43 percent of Gen X.
They prefer their jobs to be stable touchstones they can rely on — but still, they want it to be on their own terms. Stubborn independence — Despite wanting stability, the iGeneration, like their millennial predecessors, are practical.
Not only do Gen Z work hard, they also take responsibility for their career. This generation is willing to put in the extra hours if they'll be rewarded for it.
Of course, Baby Boomers are still worth nearly eight times as much. The older cohort saw their wealth increase roughly 28% to over $71 trillion since the pandemic began, while Gen-X saw a 65% jump to roughly $42 trillion. Millennials still hold far less wealth than previous generations did at similar ages.
Gen Xers would come to be known as one of the “least parented, least nurtured generations in U.S. history,” with parents divorcing at historic rates as both mom and dad worked in pursuit of an American Dream.
Baby boomers are collectively 10 times wealthier than millennials. Millennials are 24% behind Generation X in terms of wealth accumulated.
GEN Z: SEPARATING SOCIAL CHANGE AND SENSITIVITY
They get upset if they're labelled more self-centred or oversensitive than older people, according to the study.
While 83 percent of people born between 1928 and 1945 (dubbed “the Silent Generation”) were married by age 37, researchers predict that Gen Z - born between 1997 and 2012 - are marrying far less.
Americans who belong to Generation Z (born between 1997 and 2012) are far more likely to say they were lonely growing up. A majority (56 percent) of Gen Zers report they felt lonely at least once or twice a month during their childhood.
Gen Z is still at high risk for addiction since its generation is increasingly lonely and obsessed with social media. Social platforms, such as TikTok and Instagram, pose lifestyles that are not accurate and seem unattainable, especially when it comes to body image. This causes high levels of stress and pressure.
Gen Z (42%) is about twice as likely as Americans over 25 (23%) to battle depression and feelings of hopelessness. Gen Z is three times as likely (18% to 5%) as Americans over 25 to say their challenges are so severe that they thought they might be better off dead.