"The big picture: Younger people "want to work [and] find success, but many of them just feel disillusioned with the opportunities to get there through the traditional career ladder," Glassdoor chief economist Daniel Zhao tells Axios. Between the lines: Most are picking up side hustles, from retail to gig work, for extra cash as economic uncertainty grows, Zhao says. Some are chasing creative or entrepreneurial goals."
""For Gen Z, the day job funds the passion project," Glassdoor researchers wrote in an August report. Meanwhile, AI and other tech advances have made it easier for professionals to monetize their skills and passions. State of play: Workers feel anxious right now. Recent graduates are struggling to secure jobs, while those with them aren't seeing the career growth they expect, Zhao says."
Younger workers want to work and find success but many feel disillusioned with the traditional career ladder. Many are taking side hustles—from retail to gig work—for extra cash, while others pursue creative or entrepreneurial projects funded by day jobs. AI and tech advances have lowered barriers to monetizing skills and passions. Recent graduates face difficulty securing jobs and workers report slower-than-expected career growth, contributing to anxiety. College students' financial optimism is at its lowest since 2018, driven by unemployment worries and fear of AI-induced layoffs. Two-thirds of adults under 34 have pursued entrepreneurial ventures, often working outside their primary job.
Read at Axios
Unable to calculate read time
Collection
[
|
...
]