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Gen Z is poised to be wealthier than millennials but despair over economy — ‘they get spammed and scammed, and there are tons of fake jobs out there’

Anxieties about the job market, homeownership and adulthood are widespread across the campus, even among those who are not deeply involved in politics.

Gen Z is poised to be wealthier than millennials but despair over economy — ‘they get spammed and scammed, and there are tons of fake jobs out there’

Gen Z, the generation following millennials, is on track to be wealthier than millennials, according to a 2024 study. However, this generation is plagued by anxiety over the economy, making them feel like adulthood is an elusive dream. Many Gen Z members, like Frankie Llerandi, Kira Saiti, and Julian Bautista, are struggling to find internships, buy homes, or start families.

They are also disillusioned by political corruption and the impact of artificial intelligence on job opportunities. Despite these challenges, some optimistic Gen Z members are supporting progressive, antiestablishment Democratic candidates who promise to shake up the status quo.

Written by urgent.news from Fortune's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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Israel to lower gas prices by half a shekel per liter from October 5

The order will lower the price of a liter of gas from NIS 8.27 to NIS 7.77.

  • Israel reduces gasoline prices by 50 agorot per liter starting October 5
  • Prime Minister Benjamin Netanyahu and Finance Minister Bezalel Smotrich announce the decision
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