Gen Z experiences a stark divide in job opportunities, significantly influencing wealth creation. Graduates who secured jobs in 2022 are thriving, exemplified by Monica Para's financial independence and ability to pursue further education. Conversely, recent graduates like Solomon Jones face challenges in finding stable employment, demonstrating the widening gap in job access. The unemployment rate for recent grads has increased from 3.9% to 5.8%, resulting from a hiring slowdown across various industries, affecting many with job market instability.
I'm at a position where I'm able to pay for my own Master's without having to take any loans, a privilege not many have.
The job market for recent grads has steadily worsened, climbing from 3.9% unemployment to 5.8% as of March.
I’ve broadened my search to include various writing roles, as well as coaching and teaching positions.
This shift in the job market has left recent grads like Solomon Jones facing a much tougher job environment.
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