Economy
Charted: The Gen Z Unemployment Rate, Compared to Older Generations
Putting the Gen Z Unemployment Rate in Perspective
There are more than 2 billion people in the Generation Z age range globally. These individuals, born between 1997 and 2009, represent about 30% of the total global population—and it’s predicted that by 2025, Gen Z will make up about 27% of the workforce.
Due to the global pandemic, unemployment has been on the rise across the board—but Gen Z has been hit the hardest. This chart, using data from the OECD, displays the difference between the unemployment rate for Gen Zers and the rate for older generations.
Note: The OECD defines the ‘unemployed’ as people of legal working age who don’t have work, are available to work, and have taken steps to find a job. The final figure is the number of unemployed people as a share of the total labor force.
The Generation Gap: Gen Z Unemployment
Compared to their older working-age counterparts, Baby Boomers, Gen X, and Millennials (Gen Y)—the most recent 2020 data shows that Gen Z has an unemployment rate of nearly 2x more in almost every OECD country.
Country | Unemployment Rate (Gen Z) | Unemployment Rate (Millennial, Gen X, Boomer) |
---|---|---|
🇦🇺 Australia | 14.3% | 5.0% |
🇦🇹 Austria | 10.5% | 4.7% |
🇧🇪 Belgium | 15.3% | 4.8% |
🇨🇦 Canada | 20.0% | 7.9% |
🇨🇱 Chile | 24.8% | 9.6% |
🇨🇴 Colombia | 27.5% | 13.9% |
🇨🇿 Czech Republic | 8.0% | 2.3% |
🇩🇰 Denmark | 11.5% | 4.7% |
🇪🇪 Estonia | 17.7% | 5.9% |
🇫🇮 Finland | 21.0% | 6.0% |
🇫🇷 France | 20.1% | 6.8% |
🇩🇪 Germany | 6.2% | 4.0% |
🇭🇺 Hungary | 12.4% | 3.5% |
🇮🇸 Iceland | 11.9% | 5.5% |
🇮🇪 Ireland | 15.2% | 4.4% |
🇮🇱 Israel | 7.9% | 3.7% |
🇮🇹 Italy | 29.1% | - |
🇯🇵 Japan | 4.5% | 2.6% |
🇰🇷 South Korea | 10.5% | 3.6% |
🇱🇻 Latvia | 14.8% | 7.7% |
🇱🇹 Lithuania | 19.5% | 7.7% |
🇱🇺 Luxembourg | 22.4% | 5.6% |
🇲🇽 Mexico | 8.0% | 3.8% |
🇳🇱 Netherlands | 9.1% | 2.8% |
🇳🇿 New Zealand | 12.4% | 3.3% |
🇵🇱 Poland | 10.9% | 2.6% |
🇵🇹 Portugal | 22.9% | 5.9% |
🇸🇰 Slovakia | 19.3% | 6.0% |
🇸🇮 Slovenia | 14.2% | 4.3% |
🇪🇸 Spain | 38.3% | 14.0% |
🇸🇪 Sweden | 23.8% | 6.4% |
🇨🇭 Switzerland | 8.6% | 4.3% |
🇬🇧 United Kingdom | 13.5% | 3.2% |
🇺🇸 United States | 15.1% | 7.1% |
Note: For the purposes of this article, we are only considering the Gen Zers of legal working age—those born 1997-2006. The rest—Baby Boomers, Gen X, and Millennials—are those born between 1946–1996.
The timing for the youngest working generation could not be worse. Gen Z is just beginning to graduate college and high school, and are beginning to search for work and careers.
Gen Z is also an age group that is overrepresented in service industries like restaurants and travel–industries that were equally hard hit by the pandemic. In the U.S., for example, around 25% of young people work in the hospitality and leisure sectors. Between February and May 2020 alone, employment in these sectors decreased by 41%.
Countries like Spain are facing some of the biggest headwinds among OECD countries. The country already has a high unemployment rate for those aged 25-74, at 14%. But the unemployment rate for Gen Z is more than double that, at over 38%.
Implications For the Future
While it may be true throughout history that this age group is often less employed than older cohorts, the share of labor held by those aged 15-24 dropped significantly in 2020.
Note: This chart represents the data from G7 countries.
In terms of their future employment prospects, some economists are anticipating what they call ‘scarring’. Due to longer periods of unemployment, Gen Z will miss out on formative years gaining experience and training. This may impact them later in life, as their ability to climb the career ladder will be affected.
Starting out slower can also hit earnings. One study found that long periods of youth unemployment can reduce lifetime income by 2%. Finally, it is also postulated that with the current economic situation, Gen Zers may accept lower paying jobs setting them on a track of comparatively lower earnings over their lifetime.
Overall, there are many future implications associated with the current unemployment rate for Gen Zers. Often getting your foot in the door after college or high school is one of the hardest steps in starting a career. Once you’re in, you gain knowledge, skills, and the oh-so-coveted experience needed to get ahead.
The Kids are Alright?
One positive for Gen Z is that they have been found to be more risk averse and financially conscious than other generations, and were so even prior to COVID-19. Many of them were children during the 2008 Recession and became very cautious as a result.
They are also the first digital generation— the first to grow up without any memory of a time before the internet. Additionally, they have been called the first global generation. This could mean that they pioneer location-independent careers, create innovative revenue streams, and find new ways to define work.
United States
How Much Do Americans Trust the Media?
Media trust among Americans has reached its lowest point since Trump won the 2016 presidential election.

How Much Do Americans Trust the Media?
Media trust among Americans has reached its lowest point in six years.
Gallup began its survey on media trust in 1972, repeating it in 1974 and 1976. After a long period, the public opinion firm restarted the polls in 1997 and has asked Americans about their confidence level in the mass media—newspapers, TV, and radio—almost every year since then.
The above graphic illustrates Gallup’s latest poll results, conducted in September 2023.
Americans’ Trust in Mass Media, 1972-2023
Americans’ confidence in the mass media has sharply declined over the last few decades.
Trust in the mass media | % Great deal/Fair amount | % Not very much | % None at all |
---|---|---|---|
1972 | 68 | 24 | 6 |
1974 | 69 | 21 | 8 |
1976 | 72 | 22 | 4 |
1997 | 53 | 31 | 15 |
1998 | 55 | 35 | 9 |
1999 | 55 | 34 | 11 |
2000 | 51 | 37 | 12 |
2001 | 53 | 33 | 14 |
2002 | 54 | 35 | 11 |
2003 | 54 | 35 | 11 |
2004 | 44 | 39 | 16 |
2005 | 50 | 37 | 12 |
2007 | 47 | 35 | 17 |
2008 | 43 | 35 | 21 |
2009 | 45 | 37 | 18 |
2010 | 43 | 36 | 21 |
2011 | 44 | 36 | 19 |
2012 | 40 | 39 | 21 |
2013 | 44 | 33 | 22 |
2014 | 40 | 36 | 24 |
2015 | 40 | 36 | 24 |
2016 | 32 | 41 | 27 |
2017 | 41 | 29 | 29 |
2018 | 45 | 30 | 24 |
2019 | 41 | 30 | 28 |
2020 | 40 | 27 | 33 |
2021 | 36 | 29 | 34 |
2022 | 34 | 28 | 38 |
2023 | 32 | 29 | 39 |
In 2016, the number of respondents trusting media outlets fell below the tally of those who didn’t trust the media at all. This is the first time that has happened in the poll’s history.
That year was marked by sharp criticism of the media from then-presidential candidate Donald Trump.
In 2017, the use of the term ‘fake news’ rose by 365% on social media, and the term was named the word of the year by dictionary publisher Collins.
The Lack of Faith in Institutions and Social Media
Although there’s no single reason to explain the decline of trust in the traditional media, some studies point to potential drivers.
According to Michael Schudson, a sociologist and historian of the news media and a professor at the Columbia Journalism School, in the 1970s, faith in institutions like the White House or Congress began to decline, consequently impacting confidence in the media.
“That may have been a necessary corrective to a sense of complacency that had been creeping in—among the public and the news media—that allowed perhaps too much trust: we accepted President Eisenhower’s lies about the U-2 spy plane, President Kennedy’s lies about the ‘missile gap,’ President Johnson’s lies about the war in Vietnam, President Nixon’s lies about Watergate,”
Michael Schudson – Columbia Journalism School
More recently, the internet and social media have significantly changed how people consume media. The rise of platforms such as X/Twitter and Facebook have also disrupted the traditional media status quo.
Partisans’ Trust in Mass Media
Historically, Democrats have expressed more confidence in the media than Republicans.
Democrats’ trust, however, has fallen 12 points over the past year to 58%, compared with 11% among Republicans and 29% among independents.
According to Gallup, Republicans’ low confidence in the media has little room to worsen, but Democrat confidence could still deteriorate and bring the overall national reading down further.
The poll also shows that young Democrats have less confidence in the media than older Democrats, while Republicans are less varied in their views by age group.
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