Gen Z and millennial adults are having a hard time achieving the same milestones their parents did when they first ventured out into the workforce.
For instance, 55% of young adult respondents find it is “much harder” to purchase a home, 44% said it is harder to find a job and 55% said it is harder to get promoted, according to a Youth & Money in the USA poll by CNBC and Generation Lab.
The survey polled 1,039 people between ages 18 and 34 across the U.S. from Oct. 25 to Oct. 30.
“This is purely a snapshot of what young people perceive their lives to be like compared to their parents,” said Cyrus Beschloss, founder of Generation Lab, an organization that built the largest respondent database of young people in America.
Gen Z, millennials have a much harder time ‘adulting’ than their parents did, CNBC/Generation Lab survey finds https://t.co/h1T3NEXdZq
— CNBC (@CNBC) November 13, 2023