Demographics
Meet Generation Z: The Newest Member to the Workforce
Every generation approaches the workplace differently.
While talk over the last decade has largely focused on understanding the work habits and attitudes of Millennials, it’s already time for a new generation to enter the fold.
Generation Z, the group born after the Millennials, is entering their early adult years and starting their young careers. What makes them different, and how will they approach things differently than past generations?
Meet Generation Z
Today’s infographic comes to us from ZeroCater, and it will help introduce you to the newest entrant to the modern workforce: Generation Z.
There is no exact consensus on the definition of Generation Z, and demographers can differ on where it starts. Some have Gen Z beginning as early as the mid-1990s, while others see it starting in the mid-2000s.
Regardless, Generation Z is the group that follows the Millennials – and many Gen Zers are wrapping up high school, finishing up their university degrees, or looking to get their first real jobs.
Millennials vs. Gen Z
While generational differences cast a wide net and don’t necessarily apply to every individual, here is what demographers say are some key similarities and differences between Gen Z and Millennials.
Millennials | Generation Z |
---|---|
Raised by Baby Boomers | Raised by Gen Xers |
Grew up during an economic boom | Grew up during a recession |
Tend to be idealistic | Tend to be pragmatic |
Focused on having experiences | Focused on saving money |
Mobile pioneers | Mobile natives |
Prefer brands that share their values | Prefer brands that feel authentic |
Prefer Facebook and Instagram | Prefer Snapchat and Instagram |
Generation Z tends to be more pragmatic, approaching both their education and career differently than Millennials. It appears that Gen Z is also approaching money in a unique way compared to past groups.
What to Expect?
Generation Z does not remember a time when the internet did not exist – and as such, it’s not surprising to learn that 50% of Gen Z spends 10 hours a day connected online, and 70% watches YouTube for two hours a day or more.
But put aside this ultra-connectivity, and Gen Zers have some unique and possibly unexpected traits. Gen Z prefers face-to-face interactions in the workplace, and also expects to work harder than past groups. Gen Z is also the most diverse generation (49% non-white) and values racial equality as a top issue. Finally, Gen Z is possibly one of the most practical generations, valuing things like saving money and getting stable jobs.
You may already have Gen Zers in your workplace – but if you don’t, you will soon.
Demographics
Top 20 Countries Where Older People Are the Happiest
Advanced economies are the happiest countries for older people, likely due to their stronger social security systems.
Top 20 Countries Where Older People Are the Happiest
This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.
The newest global happiness index doesn’t have any massive surprises from the ongoing trends of the last decade: Europe generally does the best, Africa is still finding its footing, and Asia and South America have vast rank disparities between constituent nations.
However, as the World Happiness Report notes, happiness levels differ across age groups, and countries’ overall ranks tend to obfuscate how the old and young feel separately. To counter this, the report also creates a happiness index by age.
We’ve visualized the top 20 happiest countries according to those aged above 60. For comparison, we have also included a country’s overall index rank.
Data and Takeaways
The top two countries where the seniors are most satisfied—Denmark and Finland—also happen to be the top two countries on the overall happiness index.
As a general trend, advanced economies make up the bulk of this top 20 list, likely due to their stronger social security systems and financial security. Relatedly, they also tend to do well when it comes to the best countries to retire in.
Country | Happiness Rank (Age 60+) | Overall Happiness Rank (All ages) | Rank Difference |
---|---|---|---|
🇩🇰 Denmark | 1 | 2 | -1 |
🇫🇮 Finland | 2 | 1 | +1 |
🇳🇴 Norway | 3 | 7 | -4 |
🇸🇪 Sweden | 4 | 4 | 0 |
🇮🇸 Iceland | 5 | 3 | +2 |
🇳🇿 New Zealand | 6 | 11 | -5 |
🇳🇱 Netherlands | 7 | 6 | +1 |
🇨🇦 Canada | 8 | 15 | -7 |
🇦🇺 Australia | 9 | 10 | -1 |
🇺🇸 U.S. | 10 | 23 | -13 |
🇦🇪 UAE | 11 | 22 | -11 |
🇱🇺 Luxembourg | 12 | 8 | +4 |
🇰🇼 Kuwait | 13 | 13 | 0 |
🇨🇭 Switzerland | 14 | 9 | +5 |
🇦🇹 Austria | 15 | 14 | +1 |
🇮🇪 Ireland | 16 | 17 | -1 |
🇨🇷 Costa Rica | 17 | 12 | +5 |
🇮🇱 Israel | 18 | 5 | +13 |
🇧🇪 Belgium | 19 | 16 | +3 |
🇬🇧 UK | 20 | 20 | 0 |
Norway, at third, has the first real discrepancy, with its elderly population ranking four places higher compared to its overall 7th place rank.
New Zealand (6th) and Canada (8th) also have gaps with their overall ranks: indicating that the older generation is happier than other generations within the country.
But for the U.S., (10th) and the UAE (11th), this rank discrepancy is in the double-digits.
In fact, when ranking only by those aged below 30, the U.S. ranks outside of the top 50, indicating that its younger residents are significantly unhappier than their older counterparts.
This is an interesting phenomenon mirrored in Canada, Australia, and New Zealand. According to the report, as recently as a decade ago, the younger generation in these countries were about as happy as those aged over 60.
“In the West, the received wisdom was that the young are the happiest and that happiness thereafter declines until middle age, followed by substantial recovery.” –- World Happiness Report.
For other countries like Costa Rica (17) and Israel (18), this pattern reverses. Their overall rank is higher than their rank for older populations, indicating that the young are happier.
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