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unemployed

UK launches $965 million plan to get unemployed Gen Z into AI, hospitality, and engineering

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Some Gen Zers have been desperately trying to break into the job market, sending out thousands of applications, standing on Wall Street with a sign begging for a job, and waitressing at industry conferences to stealthily hand out their résumés. There’s also a growing camp of disillusioned young adults who have completely checked out of … Read more

‘The kids aren’t alright,’ warns top economist, as unemployed, pessimistic Gen Z living with parents blow a $12 billion hole in consumption

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Gen Z isn’t ok—that’s the official diagnosis from Oxford Economics, following a deep dive into the generation’s economic prospects. Indeed, the no-hire no-fire labor market, coupled with the asset headwinds of unaffordable housing and low wage growth, means the youngest entrants to the labor market could face “long-term scarring.” But the outlook for Gen Z … Read more

China’s unemployed Gen Z are proudly calling themselves ‘rat people’ and spending entire days in bed

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The millennial era of “work hard, play harder” and “girl bossing” has given way to a new trend. In China, at least, Gen Zers are proudly calling themselves “rat people”—they’re spending entire days procrastinating in bed, scrolling on their phones, snoozing, and ordering take out.   Across Weibo, RedNote, Douyin, you can find videos of the … Read more

Verizon exec tells unemployed Gen Z they can always volunteer to stand out in the current bleak job market: ‘No one’s going to say no to free work’

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Young millennials and Gen Zers are having a hard time breaking into the world of work. Millions are unemployed, many are questioning whether their expensive college degree was “pointless”, and they’re quickly realizing that in today’s economy, you need work experience to get experience.  That’s where Verizon’s chief talent officer Christina Schelling has some advice: … Read more

AI is doing job interviews now—but candidates say they’d rather risk staying unemployed than talk to another robot

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The next time you get buttoned-up and sit down for a long-awaited job interview, you might not find a human on the other end of the call. Instead, job-hunters are now joining Zoom meetings only to be greeted by AI interviewers. Candidates tell Fortune they’re either confused, intrigued, or straight-up dejected when the robotic, faceless … Read more

China’s unemployed Gen Z are proudly calling themselves ‘rat people’ in a rebellion against burnout

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The millennial era of “work hard, play harder” and “girl bossing” has given way to a new trend. In China, at least, Gen Zers are proudly calling themselves “rat people”—they’re spending entire days procrastinating in bed, scrolling on their phones, snoozing and ordering take out.   Across Weibo, RedNote, Douyin, you can find videos of the … Read more

Gen Z grad says being unemployed is ‘harder than a 9-5’ because ‘most workers would have a breakdown’ dealing with the admin—he’s among the NEET men frozen out of the workforce

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College-educated Gen Z men are stuck in the class of NEETs—not in employment, education, or training. They’re watching their careers derail before they’ve even started. Read More

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