"I think, unfortunately, our Gen Z's are not going to be as well off as our boomers and Gen Xers were, for different reasons. You definitely see it among the Gen Z generation, both active duty as well as associate members [and] family."
"In the U.K. for example, the average inflation-adjusted salary for working-age graduates is 30% lower than it was a decade and a half ago, according to a 2025 analysis from Bloomberg."
"Gen Z is the first cohort facing high inflation, digital credit, and social-media-driven consumption pressure simultaneously."
"Last year, Gen Z experienced the steepest annual drop in credit health of any age group since 2020, according to a FICO report. Their average FICO score slipped three points to 676-39 points lower than the national average of 715."
Gen Z workers confront unprecedented economic challenges compared to Baby Boomers and Gen X. Inflation-adjusted salaries for graduates are 30% lower than fifteen years ago, and 58% of recent college graduates struggle to find their first job versus 25% in previous generations. Beyond stagnant wages and difficult labor markets, Gen Z faces additional pressures from financial inexperience and AI automation threats. High inflation, elevated interest rates, and stagnating salaries force young workers to borrow money for basic stability. This financial strain has resulted in Gen Z experiencing the steepest annual credit score decline since 2020, with average FICO scores dropping to 676, significantly below the national average of 715.
Read at Fortune
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