Gen Z's careers could be derailed like millennials' if recession hits - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The coronavirus pandemic could completely derail the careers of Gen Z — and they might end up a lot like older millennials

found that students who graduate into and start working in a recession often have to contend with higher unemployment rates and lower starting salaries, causing a stagnation in economic prosperity which can linger for 10 to 15 years."There's [always] a certain anxiety that comes with finding a job. But with this all coming on, it's just tenfold," Matthew Phillips, a senior at the University of Southern California, told Business Insider.

As a result, Nehemiah says it is certain that she will enter law school for "job security down the road." "I no longer have the luxury of time to figure out what the next steps are for me," Nehemiah said. "I have a couple of friends who are just finishing up undergrad, and they are completely out of luck in this job market — one has interned for the same company for four years with promise of a job, and the company can no longer hire him. Another friend has a Fulbright and zero job prospects — it's unfathomable what is happening during this economic downturn.

Phillips and Mier are two of thousands of college students nationwide who have had their senior years cut short, as

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I COULD read this article, but I MIGHT pass. Success is relative, and successful people find ways to flourish (in any time).

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

5 money mistakes millennials make, according to CFP - Business InsiderMany millennials aren't saving enough for retirement — or saving anything at all — and missing out on employer-sponsored 401(k) plans and matches. Most of them don't have Wills either - such a damn shame! Should we take this more seriously? Any thoughts guys? karinaoctavina agustiantrg Most millennials don’t trust financial institutions and purchase car/renters insurance online directly. Maybe there should be a more millennial focused life insurance product?
Source: BusinessInsider - 🏆 729. / 51 Read more »

How 4 businesses are meeting higher demands during COVID-19 - Business InsiderIndustries like gardening and security services are busier than ever during the pandemic. Here's how 4 small businesses are meeting higher demands. (via Inc)
Source: BusinessInsider - 🏆 729. / 51 Read more »

Philippines' largest TV network, which held Duterte to account, told to close - Business InsiderThe Philippines' largest television network, which refused to air Duterte's 2016 presidential campaign, has been forced off air, striking a blow to media freedom Did we finally pass them in the world rankings? So what form of media freedom do you practice if you selectively air only the views you agree with? Just asking! Frighteningly, I don't think we're too far behind.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Hungary rejects treaty to protect women - Business InsiderHungary rejected ratifying a treaty to protect women from violence, because it said it promoted 'destructive gender ideologies' and 'illegal immigration' I totally get that. I wonder when it will start breaking on the wheel or pouring boiling tar as a punishment against morality Svarun_K Poor women, living with violence, orban must be excited
Source: BusinessInsider - 🏆 729. / 51 Read more »

Missouri governor defended his decision to go mask-free in public - Business InsiderMissouri governor defends decision to go mask-free in public, says it's 'personal' and not 'government's place to regulate' Seatbelts too? It absolutely is the government's responsibility to regulate public safety. Deep Stupid.
Source: BusinessInsider - 🏆 729. / 51 Read more »