The pandemic has intensified economic precarity for all workers. Half of American Gen Zers who are old enough to work witnessed someone in their household lose a job or take a pay cut due to the Covid-19 outbreak, according to the Pew Research Center. They’ve also watched older generations go through multiple recessions and end up with huge amounts of debt, says Elizabeth Michelle, a London-based psychologist and workplace engagement consultant. “So, Gen Z are looking at all of that and thinking, ‘Not for me; I’m not going to do that’.”
