1. Gen Z believes it is the hardest-working generation – and have it the hardest – yet demand schedule flexibility to deliver their best work. 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%.
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.
The online survey of 1,200 subjects shows the two generations who have the most difficult time working together are Baby Boomers (49 – 67 years old) and Millennials (13 – 33 years old). When they do work together, the problems these two generations experience most often include: dismissal of past experience.
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.
Millennials are on track to become the most educated generation in the coming years. Educational attainment has increased among young adults in almost every successive business cycle in the last six decades.
The youngest generation in the workforce is also more likely to play conservative with their paychecks right now, with Gen Z most likely to put in longer hours or work harder. Nearly a third are also considering taking a second job or a more stable gig in the face of potential recession layoffs.
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 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.
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.
Generation X
Gen X is often branded as being cynical, yet they have the highest rate of loyalty of any of the generations discussed here. They're less interested in trying new brands than other generations and instead prefer to stick with those they already know and trust.
Marriage Rates in Australia
Millennials (69%) are more likely to be married or partnered, and baby boomers are statistically more likely to be divorced (15%).
52.9% of single mothers are millennials.
The single parents demographics data shows the second-largest mothers age group being gen x (2,862,000), followed by gen z (601,000) and baby boomers (316,000).
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.
Gen Z is very concerned about their ability to communicate and forge strong interpersonal relationships. This may be due to the fact that technology has negatively impacted their cognitive skill development, and they recognize that their social skills, like critical thinking and communication, are weak.
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.
They are less likely to experiment with drugs or alcohol, have sex or drive. They also spend much more time with their parents. But the lack of rebellion and experimentation may be fueling their anxiety and belief that setbacks are catastrophic.
In its latter years, this generation was introduced to continued technological advancements such as mobile phones and the internet. As of 2019, approximately 389,000 of the 16 million Americans who served in World War II remain alive. Living members of this generation are either in their 90s or are centenarians.
Generation Alpha is considered to be the most technological-infused demographic up-to-date. Alphas seem to know and understand complex ideas and able to do things that are well beyond their age.
Millennials are the most credentialed generation to pass through young adulthood. Well over a third of all millennials as well as nearly two out of five millennial women have college degrees.
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.
According to data on 77.4 million Credit Karma members, members of Generation X (ages 42-57) carry the highest average total debt — $60,063. In this study, debt can include the following account types: auto leases, auto loans, credit cards, student loans and mortgages.
The Silent Generation, also known as the Traditionalist Generation, is the Western demographic cohort following the Greatest Generation and preceding the Baby Boomers. The Silent Generation is generally defined as people born from 1928 to 1945.