Podcast: Is Gen Z really economically left behind?
Gen Z is protesting against too little pension, too expensive apartments and hardly any chances of owning property. Is Gen Z really in a worse economic situation than the generations before it?
Young people in Germany, known as Gen Z, feel they are being left behind, prompting them to demonstrate for better education, more fairness between generations, and against rising living costs. Chancellor Friedrich Merz had promised to prioritize the young generation when he took office, but many feel his efforts have had little impact.
Data shows that younger generations face greater challenges in accessing home ownership and social mobility, although statistics on income and unemployment do not indicate disadvantage. The Handelsblatt journalists Martin Greive and Josefine Fokuhl discuss the issues and potential solutions, including the young generation's potential benefits from a capital pension.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- Made in Berlin: Is Gen Z really economically left behind? handelsblatt.com