Gen Z is full of financial angst despite inheriting a golden labor market | CNN Business
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Gen Z is coming into the workforce and — in the grand tradition of what Millennials cringe-ily called “adulting” — they’re complaining about how much easier older generations have had it financially.
  • Flying Squid@lemmy.world
    0·
    3 months ago

    Having a job doesn’t mean you can afford to live. Ask anyone who has been on minimum wage for the past 50+ years.

  • givesomefucks@lemmy.worldEnglish
    01·
    3 months ago

    Tldr:

    1. Author doesn’t understand “the economy” is just about corporate profits

    2. Wages are (slightly) up, but not enough to afford food and housing.

    3. Author looks at mean instead of median retirement savings and say everything is great.

    If you’re wondering why she has such bad takes, she’s a self described “crypto reporter” who was trying to convince us inflation was a good thing a while ago.

    https://www.cnn.com/2021/12/01/economy/inflation-good-bad-winners-losers/index.html

    She’s completely detached from reality