Gen Z Enters Strong Job Market but Faces Uphill Battle with Inflation, Housing Costs

Gen Z is entering the workforce during a strong job market, yet still struggling with high inflation and housing costs
Unemployment for 16-24 year olds is at its lowest since 1953, a stark contrast to Millennials' experience in the Great Recession
Housing affordability is a major challenge for Gen Z as inflation has hit essentials like food and shelter especially hard
Gen Z reports high rates of anxiety and depression and is less likely to seek care due to costs
While the economy is better than the Great Recession, Gen Z feels pessimistic about achieving the American Dream due to inflation and climate change