Shaped by uncertainty from the COVID-19 pandemic, inflation, and a volatile housing market, Gen Z appears to be taking the slow-and-steady route in life. But Gen Z’s predisposition toward moderation might not be the mark of a slacker generation: It might be the calling card of a more discerning one.
But a look at what Gen Zers are doing with their time suggests cautious movement is more than a signal of low ambition. Many are developing skills such as public speaking or AI fluency, while around 10% are even willing to move laterally or take a step down in title to gain more experience before the next step, according to Deloitte.
But Gen Z might be growing through these same life stages with more intentionality than their elders. Nearly all Gen Zers (96%) surveyed by Deloitte said they prioritized feeling a sense of purpose in their job, with nearly half saying they had rejected assignments or even employers because of mismatched values.
Apprehension toward the future might also be driving some of Gen Z’s decision-making. Nearly a third of respondents said they maintained a side-hustle, with the top driver being financial need. Around one in five respondents said their employers were making fewer entry-level hires, and replacing entry-level roles with internships. AI fluency is also one of the most highly sought-after skills for young workers, targeted by 37% of Gen Zers, and nearly three-quarters of respondents said they already use AI in their daily work.
“Adaptability is now a core career capability, one that enables [Gen Z] to remain relevant and resilient amid constant change,” the report’s authors wrote.
Young people are navigating the labor market’s rough hand with caution, but in some areas, Gen Z might still have some growing up to do.
