this post was submitted on 14 Oct 2024
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I'm a Millennial too, so I get it. My point was that if you only look at the people around you, you'll miss the forest for the trees. Millenials are doing worse in some metrics, but those same metrics seem to be reversing a bit for GenZ. The net impact seems to be that Millennials have a bit of late start. I blame a number of things:

  • 2008 happened right when older Millennials entered the workforce
  • pretty dramatic shift in types of jobs available after 2008, with tech jobs booming and manufacturing jobs essentially disappearing
  • huge emphasis on higher education, but not a lot of direction at what degrees to get (so lots of people got worthless degrees)

The problem seems to be resolving itself, but GenZ is still young so I guess we'll see where they end up in a few years. But it's hardly as bad as a lot of people here on Lemmy make it out to be (though obviously specific circumstances will vary).