Gen Z Enters Workforce with Jobs but Struggles with Inflation, Housing Costs

• Gen Z is entering the workforce during a strong job market, yet still struggling with high inflation and housing costs • Compared to Millennials, Gen Z has lower unemployment and faster wage growth • Housing affordability is a major challenge for Gen Z as they haven't had time to buy homes • Gen Z reports high rates of anxiety, depression, and financial distress • Millennials eventually caught up in wages and retirement savings, providing some hope for Gen Z's future