The “Great Resignation” looks to continue as a quarter of workers expect to change jobs in the next 12 months, up from 19 percent last year, according to a new global survey by PwC. The Great Resignation is a term coined in 2021 to describe the record number of people changing jobs or leaving the…
The ‘Great Resignation’ Continues as Workers Look to Change Jobs: Survey
Gen Zers and Millennials? I Love ’Em!
Dave, I am the managing partner of a family business. We would like to add to our team, but I’m worried we can’t try to hold millennials and Gen Zers to the same standards as other generations without losing them. How do you feel about this? —Sarah Sarah, If you give them what you should…
Baby Boomers Replace Millennials as Nation’s Top Home-Buying Generation
A just-released study by the National Association of Realtors (NAR) indicates baby boomers have now surpassed millennials when it comes to home-buying in the United States. In its 2023 Home Buyers and Sellers Generational Trends Report, the NAR indicates the boomers, aged 58–76, comprised 39 percent of all homebuyers at the end of 2022—a 10-point…
Millennial Money: 6 Ways to Move out of Your Parents’ House
Nearly a quarter of millennials (22 percent) are living with their parents, and more than half of those living with them (55 percent) made the move in 2022, according to a December survey from PropertyManagement.com. Many said they’re back home due to high rent, money concerns or job losses—and 9 in 10 say they would…
Building Bridges: Adults Young and Old Are Natural Allies
In the 21st century, division has become as American as mom and apple pie. Red states and blue states, left and right, black and white, male and female, rich and poor: Our culture teaches us to judge others by such criteria as skin color, where we went to school and the work we do, and…
Arizona Lawmakers Propose Civic Participation Act to Boost Youth Participation in Government
Arizona lawmakers have announced bipartisan legislation that would lower the eligibility age to run for elected office in the state legislature from 25 to 18. The filing of the Arizona Civic Participation Act comes in the wake of a historic turnout of young voters in the 2022 midterm elections. The legislation aims to boost participation…
Pet Supplies Plus Expands as Americans Splurge on Animals
A specialty store owned by America’s largest privately held pet supplies retailer is boosting its footprint in Tennessee and Texas, as young animal owners continue to fuel growth in the country’s $124 billion pet industry. Pet Supplies Plus, a subsidiary of NASDAQ-listed Franchise Group, Inc., has sold more than two dozen franchises of its Wag…
9 Ways Millennials Can Prep for Retirement
Is it a surprise that we Millennials are scared of retirement? Not only did we survive the Great Recession and a once-in-a-lifetime pandemic, but we’re also buried under debt. Moreover, unlike previous generations, traditional pathways to wealth, such as homeownership, are increasingly out of reach. On top of that, we don’t have access to pensions…
Silver Economic Power: Seniors and Disposable Income
August 31, 2022
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More than 34 percent of the U.S. population is over 50, and the over-65 demographic will increase 65 percent by 2030; seniors are living longer and spending more. Many retirees can expect to live 10 years longer than their parents. And these aren’t frail retirees. These seniors tend to work later and play harder. From going…
Why Job Turnover Is So High for Gen Z and Millennials
Jonathan Haidt’s latest essay “Why the Past 10 Years of American Life Have Been Uniquely Stupid” in the Atlantic calls attention to concerns related to how Generation Z has been raised. According to Haidt (and previously fleshed out in his insightful book “The Coddling of the American Mind,” Gen Z members have received more structure and attention…
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