Gen Z faces unprecedented economic shocks that threaten the American Dream, economist says
By
Jennifer Liu, Ashton Jackson
Summary
Gen Z (ages 14-29) is facing unprecedented economic and social shocks — from the Covid-19 pandemic disrupting education and social development to broader economic crises — that may make them the first U.S. generation in living memory where a majority cannot achieve the American Dream, according to Dartmouth labor economist David Blanchflower. Unlike previous generations who faced singular crises, Gen Z has endured compounding disruptions that have eroded their economic prospects and faith in traditional milestones like homeownership and financial stability.
Source
bskyGen Z faces unprecedented economic shocks that threaten the American Dream, economist sayscnbc.comKey quotes
· 2 pulled'This bargain is eroding'
No generation in the U.S. since the Silent Generation... has suffered quite as much shock as Gen Z
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