Gen Z is working hard, but the economy is putting the American dream out of reach for many
They're just waiting longer for the "American dream" that work was supposed to buy.Labor force participation among Americans in their prime working years remains near its highest level in decades. Yet younger adults are buying homes later, delaying marriage and putting off having children as housing prices, elevated interest rates and other household expenses continue to outpace wage growth for many households.The economic backdrop has come under renewed scrutiny after White House Press Secretary Karoline Leavitt suggested Gen Z's frustrations stem in part from "laziness." Once her comments drew backlash, Leavitt said critics had taken her remarks out of context, arguing she was referring to young people embracing socialism and communism — not a blanket statement regarding all of Gen Z.
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They're just waiting longer for the "American dream" that work was supposed to buy.Labor force participation among Americans in their prime working years remains near its highest level in decades. Yet younger adults are buying homes later, delaying marriage and putting off having children as housing prices, elevated interest rates and other household expenses continue to outpace wage growth for many households.The economic backdrop has come under renewed scrutiny after White House Press Secretary Karoline Leavitt suggested Gen Z's frustrations stem in part from "laziness." Once her comments drew backlash, Leavitt said critics had taken her remarks out of context, arguing she was referring to young people embracing socialism and communism — not a blanket statement regarding all of Gen Z. She added that "many Gen Z Americans are hardworking, entrepreneurial, and deeply patriotic."Generation Z, often shortened to Gen Z, includes Americans born between 1997 and 2012 , and is emerging as a growing force in both the labor market and U.S. politics.Leavitt also claimed the Trump administration's economic agenda — including tax cuts, deregulation and other affordability-focused policies — is intended to strengthen economic conditions for younger Americans.WE ASKED AMERICANS TO GRADE THE ECONOMY.
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- What's the story?
- They're just waiting longer for the "American dream" that work was supposed to buy.Labor force participation among Americans in their prime working years remains near its highest level in decades. Yet younger adults are buying homes later, delaying marriage and putting off having children as housing prices, elevated interest rates and other household expenses continue to outpace wage growth for many households.The economic backdrop has come under renewed scrutiny after White House Press Secretary Karoline Leavitt suggested Gen Z's frustrations stem in part from "laziness." Once her comments drew backlash, Leavitt said critics had taken her remarks out of context, arguing she was referring to young people embracing socialism and communism — not a blanket statement regarding all of Gen Z.
- How widely is it covered?
- 1 outlet, average source rating 6.0/10.
- When was it last updated?
- 12m ago.
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Gen Z is working hard, but the economy is putting the American dream out of reach for many
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