Gen Z Will Be Hit Hardest by Economic Fallout From COVID-19, Data Suggests
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Gen Z Will Be Hit Hardest by Economic
Fallout From COVID-19, Data Suggests Generation Z, which the
Pew Research Center defines as
anyone born after 1997, makes up 24% of employees
in the industries most affected
by the pandemic. Senior Researcher Richard Fry, via CNN The Resolution Foundation’s research suggests
that pandemic-related layoffs could affect
Gen Z's long-term pay and job prospects. Today’s graduates in the United Kingdom are
13% less likely to be employed in three years
when compared to a pandemic-free scenario. The U.S. economy also lost 20.5 million jobs in April,
with the unemployment rate being the highest for
teenagers aged 16-19 at 31.9%.
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