Gen Z Is Outpacing Millennials In Their Careers, Here's Why
Despite lower labor force participation rates, Gen Z adults are earning more and facing lower unemployment than millennials.
Gen Z workers are outperforming millennials in terms of career earnings and employment rates, according to a new labor market report from resume platform Zety. Despite facing lower labor force participation rates, Gen Z adults are earning more and experiencing lower unemployment than their millennial counterparts at the same age.
Finance expert Michael Ryan suggests that Gen Z is not lazy, but rather more willing to question the old belief that hard work always leads to rewards. The data challenges the common narrative that younger workers are falling behind economically, as Gen Z who find work are generally securing better wages and facing fewer employment barriers compared to millennials in the mid-2000s.
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