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Gen Z Thrives Amid Unemployment Low, Faces Housing Crisis

11/19/2025

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Summary

Story summary

As of June 2025, the unemployment rate for Americans aged 16 to 27 is the lowest in 50 years.
Gen Z faces a severe housing shortage and student debt, even as many metrics show they are better off than prior generations.
Their economic pessimism is fueled by social media, loneliness, and fears about AI displacing jobs.
A 2023 study shows social media use can lower well-being and promote negative perceptions.

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Story summary

As of June 2025, the unemployment rate for Americans aged 16 to 27 is the lowest in 50 years.
Gen Z faces a severe housing shortage and student debt, even as many metrics show they are better off than prior generations.
Their economic pessimism is fueled by social media, loneliness, and fears about AI displacing jobs.
A 2023 study shows social media use can lower well-being and promote negative perceptions.