Why are Gen Xers worried about retirement?

Jul 10, 2024
According to a new survey from BlackRock, only 60% of Gen Xers say they are on track to have enough retirement savings. And time is running out -- the oldest of them are reaching retirement age.
Unlike younger generations, Gen Xers are struggling to save money for retirement.
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Online retailers lean into secondhand shopping surge

Jun 17, 2024
As consumers become more thoughtful about spending, many are turning to used goods when they need to shop.
"eBay was the OG of all of this," said retail analyst Sucharita Kodali at Forrester. "They're trying to introduce themselves to this new generation."
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For young voters, housing is a top issue in this election

Jun 14, 2024
High home prices and high mortgage rates can make homeownership feel impossible for Gen Zers. But what can the president do about it? 
Many Gen Zers worry about the challenges of becoming a homeowner, especially affordability. But state and local officials might have more sway over the housing market than the president.
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Some younger workers aren't using their PTO, but they are "quiet vacationing," poll finds

May 24, 2024
The Harris Poll found 37% of millennial workers and 24% of Gen Z had taken time off without telling their boss. Here's why.
The Harris Poll found 37% of millennial workers and 24% of Gen Z had taken time off without telling their boss.
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Gen Z is taking on more credit card debt

May 9, 2024
The credit bureau TransUnion is out with a report showing that borrowers aged 22 to 24 are carrying an average of $2,834 in credit card debt — about a quarter more than millennials in the same age range a decade ago.
Adjusted for inflation, members of Gen Z ages 22 to 24 are carrying roughly a quarter more debt than millennials in the same age range a decade ago.
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Recent college grads see rise in unemployment

Apr 23, 2024
Unemployment jumped from 8.6% to 12.3% among 20-somethings with bachelor's degrees year over year, the BLS reported.
"This is the first sign of [the job market] not being as strong as I thought it was," said Patricia Anderson with Dartmouth.
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While the secondhand market booms, thrifting is coming apart at the seams

Apr 15, 2024
If you've recently dug through the racks of a Goodwill and found a lot of lower-quality fast fashion, you're not alone, says Kelsey Vlamis of Business Insider.
"Needs-based shoppers are increasingly getting priced out, and it's getting harder to find those, like, special pieces at an affordable price," says Business Insider reporter Kelsey Vlamis.
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What does "overqualified" really mean in hiring?

Jan 18, 2024
With the share of older people in the workforce growing, maybe it's time to rethink the label.
"The reality is that 'overqualified' is often a code word for too old," says Dana Siomkos, founder and CEO of recruiting firm You and Them. As more young people move into managerial roles, older job searchers are having trouble getting hired.
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Amid the voracious spending, some holiday shoppers will have to trade down this year.
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Yes, young people can fall victim to scams

Anti-scam education “is not information to just pass on to your grandmother,” says Emma Fletcher of the Federal Trade Commission.
Rip-off schemes involving investments, jobs and online shopping usually target younger people, says Emma Fletcher, senior data researcher at the Federal Trade Commission.
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