Over 50 million workers said goodbye last year, and it's a trend that's shown no signs of slowing, based on the latest months' data. The Great Resignation was increasingly dominated by Gen Z.
According to a recent survey of 1,300 managers, three out of four agree that Gen Z is harder to work with than other generations — so much so that 65% of employers said they have to fire them more often.
Although many countries have aging populations and declining birth rates, Generation Z is currently the largest generation on Earth.
Gen Z incomes predicted to beat millennials' in 10 years and be 'most disruptive generation ever' Bank of America predicts that Generation Z (Gen Z) will be the “most disruptive generation ever” and will see their income surpass that of millennials by 2031.
Members of the Gen Z years were born between 1997 and 2012. So as of 2023, the Gen Z age range is anywhere from 11 to 26. They are commonly referred to as the first fully “digitally native” generation. They grew up with social media and smartphones—they're used to living in a digital-first world.
Gen Z has been called the 'most depressed generation' with the least positive outlook and diminished emotional and social well-being. They have more unmet social needs than any other generation. The statistics for their behavioural-health issues – mental and substance disorders – are alarming.
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.
Baby boomers have the highest household net worth of any US generation. Defined by the Federal Reserve as being born between 1946 and 1964 (currently in the ages between 59 and 77), baby boomers are in often in the sunset of their career or early into retirement.
Gen Z has experienced higher poverty rates than millennials, Gen Xers and baby boomers, according to the KIDS COUNT Data Center, but Gen Alpha is the poorest generation to date.
It found that, while there are similar rates of happiness across the older three generations, Gen Z is by far the least happy at work. Twenty-six percent of Gen Zers were unhappy in their jobs, and 17% were actively thinking about quitting.
LinkedIn's research found that pay was the main reason why Gen Z are quitting (30% in the UK).
A generation small in number, too young to fight in World War II, too old to fight in Vietnam, were allegedly born at a time that set them up for success. A generation that wanted simple lives: to get married and have good jobs and save for their retirement. Dean Norman is one of the Lucky Few.
But the clear winners of speed typing are the younger generation who are now between 10 and 19 years of age. The millennials, notable for being versatile, flexible and purpose-driven, make up the largest sector of working people today.
Doing so may reveal why millennials are the happiest generation—like, ever. Their secret? Taking care of themselves. And that goes for mind, body, and spirit, experts say.
Gen X is sometimes called the “Forgotten Generation.” They are the smallest generation by population, with about 65 million people.
People between the ages of 16 and 24, part of the group typically referred to as Generation Z, are the loneliest generation, according to new research.
Generation Z (Gen Z) is currently between 10 and 25 years old, born between 1997 and 2012, and research suggests that they are the most anxious generation to date.
Regarding the stats, it's clear that Gen Z is struggling. A 2022 survey of Gen Z young adults (ages 19 through 24) found that 42% are diagnosed with a mental health condition. Of these people, 26% were diagnosed during the COVID-19 pandemic, which worsened mental health for many people of all ages.
Compared to the 70-year life expectancy of baby boomers and the 85-year life expectancy of Gen X, Gen Z is predicted to have a life expectancy of over 100 years. Major factors contributing to the same are improvements in the standard of living, medical progress, and health consciousness.
Generation Alpha includes those born from 2010 to 2024, making them the first generation to be entirely born in the 21st century digital age.
Generation Z (also known as the iGeneration, Zoomers, or Centennials) refers to those with birth years between 1995 and 2010. Generation Alpha encompasses those born between 2010 and 2025.
Baby Boomers own half of Australia's wealth, despite being just one-fifth of the population.
What We Do. Generation Australia uses 3 impact models to place people into jobs at scale, while influencing the system change that will ultimately improve employment outcomes across Australia. We directly deliver education-to-employment programs that support people facing barriers to employment.