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In today’s big story, we’re looking at the data from a recent poll we conducted on Generation Z’s thoughts on the workplace and the economy.
What’s on deck:
But first, let’s hear the kid out.
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Have you ever had a question about Generation Z you were too afraid to ask? We’ve got you covered.
Business Insider, in partnership with YouGov, surveyed more than 600 Gen Zers on their beliefs.
The data, compiled here, provides a fascinating look into the ideology of the youngest generation in the workforce.
In many ways, for all its eccentricities, Gen Z is similar to other generations. They’re worried about AI. They stress about money. They want a job that pays well.
But one area that seems unique to them is their preferred economic system.
While older generations lean toward favoring capitalism, Gen Zers are almost perfectly split between their support for socialism (28%) and capitalism (29%).
It’s not a one-size-fits-all approach, as BI’s Jacob Zinkula reports. Certain capitalist ideas, like private home ownership and entrepreneurship, aren’t taboo for Gen Z.
But issues arise for Gen Zers when it comes to the high costs of housing and education, the healthcare system, or the general inequality that exists in the country, experts say.
Regardless of your feelings about Gen Z’s economic position, you must take them seriously.
The generation has proven adept at making their voices heard in the workplace and never backing down.
Millennials largely entered the workforce in the shadow of the financial crisis. And while that event might have made them resent capitalism, they were also happy just to have a job.
Gen Z has no such reservations. Emboldened by a relatively strong job market, Gen Zers have questioned workplace norms since the beginning.
“I think now we’re just going to continue to push the boundaries and ask questions, like is this meeting an effective use of our time or is coming into the office five days a week an effective use of our time?” a Gen Zer told BI’s Juliana Kaplan and Sarah Jackson.
But it’ll be interesting to see how Gen Z’s ideals evolve as they age and, more importantly, when the economy shifts. White-collar jobs were largely spared during the pandemic, and many junior employees ended up better off financially in the wake of it.
If a deeper recession were to hit, as some have predicted, that’s unlikely to be the case. And Gen Z might find it harder to speak up when times are tough.
Test your knowledge of the week’s top stories with Business Insider’s news quiz.
Check Saturday’s edition of Insider Today for the answers.
The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York City. Diamond Naga Siu, senior reporter, in San Diego. Hallam Bullock, editor, in London. Lisa Ryan, executive editor, in New York.
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The latest news, headlines, and business stories for December 15 – Business Insider
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