Latest news with #youngadults
Washington Post
2 hours ago
- Business
- Washington Post
Economy likely created 115,000 jobs in July as labor market loses momentum
WASHINGTON — The American job market is deteriorating -- ever so slowly. It's not showing up as widespread layoffs. The unemployment rate is still low. It's subtler than that: New college graduates are struggling to break into the job market. The unemployment rate for college graduates 22 to 27 years old, reached 5.8% in March , the highest, excluding the pandemic, since 2012, and far above the nationwide unemployment rate.
Yahoo
2 days ago
- Business
- Yahoo
Nearly 60% Of Last Year's Graduates Still Haven't Landed Their First Job. 1 In 4 Gen Z Workers Regret Going To College
Making the jump from school to full-time work is tough, and a new pair of reports show just how complicated the job market has become for young adults. While recent graduates are entering the workforce with confidence, many are still struggling to find their footing, and they're increasingly questioning whether college was worth the cost. A Tougher Start For Today's Grads According to a May Kickresume survey, 58% of fresh graduates are still looking for their first job. That's more than double the 25% of earlier graduates who said they were in the same spot after college. Only 12% of last year's grads had full-time jobs lined up by graduation. Don't Miss: Be part of the breakthrough that could replace plastic as we know it— $100k+ in investable assets? – no cost, no obligation. The survey found that use of social media platforms for job searching has nearly quadrupled between earlier graduates and fresh graduates–7% to 26%–and LinkedIn has overtaken traditional job boards as the top search tool. Today, 57% of fresh grads use LinkedIn to look for work, compared to just 29% of earlier graduates. Despite these setbacks, fresh grads aren't lacking in optimism. About 41% said they felt fully confident entering the workforce, even though many are still navigating job postings that ask for experience they don't have. Still, that confidence doesn't erase the core concerns. Roughly a third of fresh grads said they were most nervous about not being 'good enough' or qualified, while resume writing remains the most challenging part of the process for both fresh and earlier grads. Trending: Accredited Investors: Grab Pre-IPO Shares of the AI Company Powering Hasbro, Sephora & MGM— Side Hustles And Regret Among Gen Z Another recent survey by Resume Genius shows Gen Z is redefining career success altogether. Out of 1,000 full-time Gen Z workers surveyed, 23% said they regret going to college, and 19% said their degree hasn't contributed to their career at all. Not all degrees are created equal. Science, technology, engineering and math, or STEM and health-related degrees, had the highest career value, with 87% of grads in those fields saying their degree contributed to their career. On the other hand, those with degrees in arts and humanities were less likely to say their degree directly helped them advance—77%. Money is tight, and many Gen Z workers are turning to side hustles. According to this survey, 58% already have one, and another 25% are considering it. Others said they use side gigs to explore passions or build skills for the Balance Over Prestige When asked what matters most in a career, Gen Z ranked work-life balance at the top. A total of 91% said it was either 'important' or 'very important.' Job security came next at 89%, followed by a high salary with 83% and doing meaningful work with 80%. Only 37% said working for a prestigious company was important. The Big Picture Together, these reports suggest that the job market isn't just harder for fresh grads, it's also pushing Gen Z to rethink traditional career paths. Degrees don't guarantee success, and many feel forced to build multiple income streams to get by. While confidence is high, long-term satisfaction depends on how well work aligns with their values, not just their resumes. Read Next: Can you guess how many retire with a $5,000,000 nest egg? .UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article Nearly 60% Of Last Year's Graduates Still Haven't Landed Their First Job. 1 In 4 Gen Z Workers Regret Going To College originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
Daily Mail
23-07-2025
- Business
- Daily Mail
UK housing crisis sparks 10% increase in young British adults living with their parents - while more than half of people living alone now are pensioners
Soaring housing costs have sparked an increase of almost 10 per cent in the number of young British adults failing to move out of their parents homes, new figures reveal today. The number of those aged 20-34 still living with mum and/or dad rose from 3.3 million in 2014 to 3.6 million last year, the Office for National Statistics said. The figures suggest fewer people are leaving home in their mid 20s, with issues like rent and mortgage costs and the uncertain job market affecting their choices. The proportion is higher among men, with a third of those in this age group still with their parents, compared to a quarter of women, with the difference most prevalent in the early and late 20s. The ONS said it was part of 'a trend of adults reaching milestones later in life' which could be explained by 'a number of factors including increased housing costs'. The data also revealed that pensioners accounted for more than half (51 per cent) of all people living alone in the UK last year, up from 45 per cent in 2014. Over 65s were the only age group where the number of people living alone actually rose, thanks to increasing life expectancy. A higher proportion of women aged 65 years or over lived alone (40.9 per cent) than men of the same age (27 per cent). Labour has pledged to deliver 1.5 million homes before the next election and has introduced major changes to the planning system. Angela Rayner has also announced plans to build 180,000 new social homes in the next decade as the Government seeks to 'turn the tide on the housing crisis'. The figure would be six times the number of social homes built in the 10 years up to 2024. It forms part of a drive to build 300,000 new social and affordable properties by 2035, backed by a £39 billion investment announced by Chancellor Rachel Reeves in last month's spending review. But housing charity Shelter has argued that the Government needs to build 90,000 new social homes a year for the next decade – five times the figure Ms Rayner has committed to. According to Shelter, building 90,000 social homes a year would clear waiting lists, which currently stand at around 1.3 million households, and end the use of temporary accommodation.
The Guardian
23-07-2025
- General
- The Guardian
Young men in UK more likely to live with parents than women
Young men are more likely to live at home with their parents than women of the same age, with a third of 20-34-year-old men in the UK now living in their parental home. Data released by the Office for National Statistics (ONS) showed 33.7% of men aged 20-34 lived with parents in 2024, compared with less than a quarter (22.1%) of women the same age. In total, the number of young people aged 20-34 living with their parents has risen by 10% over the past decade, from 3.3 million in 2014 to 3.6 million in 2024. The ONS said this was 'part of trend of adults reaching milestones later in life', and could be 'explained by a number of factors including increased housing costs'. This reflects a trend seen across Europe, where data from an EU agency showed the proportion of 25- to-34-year-olds in employment living in their parental home had risen from 24% to 27% between 2017 and 2022. The data also showed a rise in the number of people living alone in the UK in the past decade has been driven by an increase in older people aged over 65. In 2024, there were an estimated 4.3 million people aged over 65 living alone, up from 3.5 million in 2014. The increase means that half of all people living alone in the UK were aged 65 years or over in 2024. The ONS said this 'reflects an ageing population' and there was a higher proportion of women over 65 years living alone (40.9%) than men of the same age (27.0%), because of higher life expectancy for women. The data estimated there were 8.4 million people living alone in the UK in 2024, up 11% from 7.6 million in 2014. The data on families and household types in the UK also showed that the proportion of lone parents who are fathers has grown, from 13.1% a decade ago, to 16.7% last year. While married couples still made up the largest proportion of families in the latest estimates, this has decreased to 65.1% last year from 67.1% in 2014. The ONS said this was down to more couples living together without getting married.
Yahoo
22-07-2025
- Health
- Yahoo
Kids who own smartphones before age 13 have worse mental health outcomes: Study
Children, especially girls, who own smartphones before they are 13 years old may have worse mental health outcomes when they're older, a new study suggests. The study, published Sunday in the Journal of Human Development and Capabilities, analyzed self-reported questionnaire results from more than 100,000 young adults between the ages of 18 and 24. The questionnaire asked respondents about mental health symptoms, such as having aggression, feelings of detachment, hallucinations and suicidal thoughts. Those who were given smartphones at an earlier age were associated with worse mental health outcomes for every year of smartphone ownership before the age of 13. Early smartphone ownership was associated with feelings of lower self-image and lower self-worth in both girls and boys. Girls reported lower emotional resilience and lower confidence, while boys reported feeling less calm, less stable and less empathetic. "The younger the child gets a smartphone, the more exposure to all this impacts them psychologically and shapes the way they think and view the world," Tara Thiagarajan, one of the study's authors, told ABC News in an emailed statement. About 48% of young women who had smartphones by 5 or 6 years old reported having severe suicidal thoughts, compared to 28% of females who had smartphones by 13 or older. In young men, 31% of those who had smartphones by 5 or 6 years old reported having severe suicidal thoughts and 20% of males who had smartphones by 13 or older reported having severe suicidal thoughts. Cellphone bans in schools take center stage amid mental health crisis Study authors attributed the differences between young women's and young men's mental health symptoms to social media usage. Other factors that seemed to impact mental health outcomes were cyberbullying, poor sleep and poor family relationships. The study's authors recommended restricting smartphone and social media access for kids under 13, promoting digital literacy education and corporate accountability. "Ideally, children should not have a smartphone until age 14, and when they do get a smartphone, parents should take the time to discuss with their children how to interact on the Internet and explain the consequences of doing various things," Thiagarajan added. ABC News' Dr. Tara Narula also said on "Good Morning America" Monday that limiting kids' access to social media appears to be a key step in protecting children and their mental health outcomes. "The longer we can push off allowing our kids to be on social media, we are learning, the better," Narula said. "I think lots of families are getting creative … landlines …. flip phones for kids [are] maybe an option so that they can have access to communicating without all the other things that come with smartphones." Social psychologist says kids shouldn't have smartphones before high school The study's findings come amid an effort led by social psychologist Jonathan Haidt, author of "Anxious Generation," to limit kids' smartphone use due to the impact on their mental health. Haidt has proposed setting nationwide "norms" or guidelines, including not giving children a smartphone before high school, no social media before age 16 and establishing schools as phone-free zones. Pediatrician Dr. Natasha Burgert also recommended that parents demonstrate to children how to use smartphones responsibly. "Children watch everything you do -- and that doesn't stop until they leave your house," Burgert told ABC News via email. "Connect authentically and meaningfully for a few minutes every day, and show your children that the humans we live with are more important and worthy of our attention than our phones." The American Academy of Pediatrics also recommends families follow the 5 C's of media use, including teaching kids and teens how to be safe online, since content and advertisements may be targeting an older audience. Child - Consider your child and their personality. What media are they drawn to and how do they react to it? Content - Consider the content of the media your child consumes. Encourage them to consider good media sources. Calm - Help your child learn how to manage their emotions, including without the help of media. Crowding out - Consider what your family would like to spend more quality time doing, besides consuming media. Communication - Discuss media with children early and often and encourage learning digital literacy. Solve the daily Crossword
