Scar Tissue - Predictions of the Long-Term Bahaviorial Scars of the 2020 Recession on Gen Z

This is where pandemic-induced reductions in spending, decadelong resentment over income inequality, the resurgent progressive and labor movements, sustained millennial/Gen X burnoutand precarity, and burgeoning Gen Z idealism collide. What if we decided that things didn’t have to be the way they were before all of this happened? Part of that shift... See more

Many zoomers entered the workforce during the pandemic-affected economy. Naturally, this has major consequences for social attitudes about work --- and the viability of performing labor in times of crisis.

What we’re collectively facing is unbearable economic and social strain — the cracks are splintering and the time-bomb is ticking. In the darkest sense, ruin awaits: our population is aging, living longer, unable to afford healthcare, isn't saving, and required to work to survive in an environment where 1. they don’t have the digital prowess, and 2... See more

When you account for the fact that Gen Z is now the largest generation in the U.S., small-scale behavior changes compound into macro-sized cultural shifts.

*  Distrust in media and legacy organizations (education, big tech, government,etc) * Frustration with lack of transparency of government and disconnect between public and private entities* Increasing time spent online and facilitation of funds (crowdsourcing)* Creator Economy and the Great Resignation (a return to seeking autonomy and individ... See more

"It's not necessarily that different generations hold different attitudes about work," Damaske argued. "For millennials and for some members of Gen Z, they've witnessed two recessions, back-to-back. This is a very different labor market experience than what their parents and grandparents encountered."