
Balance between Job and life remains a top priority for both young people her Generation Z (including those born between 1996 and 2015), as well as the previous generation, known as the generation millennials (applies to those born between 1981 and 1995). These are two generations who, due to the recent and unexpected health crisis caused by the coronavirus pandemic, are redefining the role of Job in their lives.
So they are asking for flexible working arrangements, including part-time which become more attractive. Deloitte’s 2023 Gen Z and Millennial Survey examines how the devastating events of the past three years have impacted the lives and perspectives of respondents. It collects data from over 22,000 Gen Z and Millennial respondents in 44 countries. Their responses show that while they acknowledge some positive changes, they are still deeply concerned about their future.
Generation Z and millennials recognize progress in the workplace, but are looking for more flexibility and work-life balance. About a third of full-time or part-time workers say they are very happy with their work-life balance, up from one in five in 2019.
It also notes that many respondents now have hybrid work models, an advantage they greatly appreciate. At the same time, flexible working hours are a priority. That is, they would like their employers to offer better development and career opportunities for part-time employees, more part-time jobs overall, and the opportunity for more employees. flexible schedule for full-time workers (for example, a four-day work week).
The cost of living remains one of the main concerns, and economic uncertainty makes it difficult for respondents to plan for their future. About six in ten Gen Zers and two-thirds of millennials believe their country’s economy will deteriorate or remain stagnant over the next year.
Among them, many believe that buying a house or starting a family will become more difficult or impossible. More than half of Generation Z (51%) and millennials (52%) report living paycheck to paycheck (up five percentage points since 2022).
Despite the desire for better work-life balance and shorter work hours, many Gen Zers (46%) and millennials (37%) are forced to look for second, full-time or part-time jobs to make ends meet.
The most popular second job options are selling goods or services online, gig jobs such as delivering food or ordering taxis, pursuing creative ambitions, and social media influencers.
Source: Kathimerini

Lori Barajas is an accomplished journalist, known for her insightful and thought-provoking writing on economy. She currently works as a writer at 247 news reel. With a passion for understanding the economy, Lori’s writing delves deep into the financial issues that matter most, providing readers with a unique perspective on current events.