{
  "id": 11242123,
  "title": "8 in 10 Gen Z and millennials have two jobs to make ends meet, Goldman Sachs finds, as the affordability crisis ‘crowds out’ any retirement hopes",
  "url": "https://urgent.news/2026/10/01/8-in-10-gen-z-and-millennials-have-two-jobs-to-make-ends-meet-goldman",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-01T16:42:40.000Z",
  "source": {
    "name": "Fortune",
    "slug": "fortune",
    "url": "https://fortune.com/2026/10/01/two-jobs-affordability-goldman-sachs-retirement-survey/"
  },
  "original_language": "en",
  "account": "According to a recent study from Goldman Sachs, an overwhelming majority of Gen Z and millennials in the workforce are juggling two jobs to make ends meet due to the affordability crisis. The financial strain has led many young people to postpone major life milestones such as buying a home or saving for retirement. However, there is a silver lining: 44% of respondents had already retired earlier than expected, with 45% stopping between one to three years early, 26% between four to five years early, and 14% between six to ten years early. The economic landscape has become increasingly challenging for consumers, with mortgage rates remaining high, house prices unaffordable for many, and inflation at 3.4%. Furthermore, concerns over job security due to AI have added to the stress. Goldman Sachs highlights that housing costs now \"crowd out\" retirement savings priorities, with savings momentum stalling among younger generations. Despite the financial pressure, 61% of employees are engaging in additional work outside their primary roles, with Gen Z and millennials particularly affected, with 80% and 77% respectively. The added income is primarily a necessity rather than a desire, as 76% of Gen Z and 73% of millennials cannot make ends meet without it. This financial stress is impacting their daily lives, with 69% of Gen Z and 67% of millennials finding it difficult to focus at work due to worries about debt or household costs.",
  "summary": "69% of Gen Z respondents told Goldman Sachs they find it difficult to focus at work because they worry about debt or household costs, as did 67% of millennials.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 6,
    "also_reported_by": [
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        "url": "https://urgent.news/2026/10/01/goldman-sachs-pushes-fed-rate-hike-forecast-to-december",
        "published": "2026-10-01T06:31:23.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Goldman Sachs adds four European stocks as earnings catalysts emerge",
        "url": "https://urgent.news/2026/10/01/goldman-sachs-adds-four-european-stocks-as-earnings-catalysts-emerge",
        "published": "2026-10-01T08:08:08.000Z"
      },
      {
        "outlet": "Fortune",
        "title": "Why the media’s whisper campaign about a Goldman Sachs change at the top is misleading gossip, at best",
        "url": "https://urgent.news/2026/10/01/why-the-medias-whisper-campaign-about-a-goldman-sachs-change-at-the",
        "published": "2026-10-01T10:30:00.000Z"
      },
      {
        "outlet": "The Peninsula Qatar Business",
        "title": "QSE index, European stocks open lower",
        "url": "https://urgent.news/2026/10/01/qse-index-european-stocks-open-lower",
        "published": "2026-10-01T10:56:41.000Z"
      },
      {
        "outlet": "MarketWatch Top",
        "title": "Why Amazon got a call-up to the Goldman Sachs conviction list of top stocks",
        "url": "https://urgent.news/2026/10/01/why-amazon-got-a-call-up-to-the-goldman-sachs-conviction-list-of-top",
        "published": "2026-10-01T12:12:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}