Many people from Gen Z are turning away from studying and are looking for a regular job. This is because some have realized that a long education is not for them.
For a long time, Generation Z was considered the population group, that primarily wants to secure office jobs and leadership positions to earn high salaries.
But instead of studying and looking for top positions, there is now a shift among the first of Generation Z: Many are now seeking employment, and there are good reasons for this.
In several interviews with CNBC, young people explained that they have turned away from college and are instead looking for a real job. The individuals interviewed mention jobs such as mechanic, landscaper, or cleaning specialist. Many are particularly seeking jobs in fields where there is currently a desperate need for new talent.
Fear of high debts and anxiety about artificial intelligence
What reasons are there for this shift? Primarily, two causes or reasons are mentioned as to why many from Generation Z are hanging up their studies to work. This is reported by the online site 3Djuegos.com:
On one hand, many respondents cite the high costs of studying, which they would later have to repay. Because 4 to 5 years of education in the USA are very expensive, and it can take decades to pay off a student loan. This causes many to feel dependent on their parents or the loan payments.
The fear of AI drives Gen Z from university to craftsmanship
On the other hand, some cite the fear of being replaced by AI in their jobs as a reason to seek a down-to-earth job. An IT degree or generally a technical field of study is becoming significantly less attractive with such fears. This is also a reason why many people are now turning to jobs that have long been considered unattractive but are now experiencing a renaissance.
Prices and costs play a significant role in the current generation. Because Generation Z is the generation that, compared to other groups, faces the highest prices for basic necessities, the highest housing costs, and the most debt. And the negative consequences are expected to have a much more substantial impact than the global financial crisis of the late 2000s: Experts believe: Generation Z is struggling because they spent a lot of money at the wrong time