"In fact, Gen Z might just be the most risk-averse generation on record. Fewer Gen Zers got a driver’s license, drank alcohol, or had sex as teenagers than their parents did. The same young adults now report skyrocketing rates of anxiety and other mental illnesses, with some estimates finding that as many as 1 in 5 18-to-24-year-olds have been diagnosed with depression. Timidity—not to mention self-conscious neuroticism—is increasingly the norm.
“An ongoing study from Montclair State University argues that some of this risk aversion is due to the current political climate—or perhaps young people’s perception of it. “Gen Z’s mental health has deteriorated due to a worldview that the society and environment around them are crumbling,” writes justice studies professor Gabriel Rubin. “Rights are being taken away, the Earth is burning, maniacs could kill you with a gun, and viruses could shut down society again.””
See also, for counterpoint: https://www.forbes.com/sites/markcperna/2024/06/18/gen-z-thriving-entrepreneurship/
A bunch of them helped Trump get back in the WH. Not exactly risk-averse in my book.
This isn’t just Gen Z. Yes, it’s happening to them, but it’s also happening to the rest of us. It’s impacting low to middle income folks the most, because we can’t afford the rising costs of, well, everything.
Job security is also extremely hard to find these days, and Healthcare costs have been getting worse ever since Obama left office.
Driving cost money (remeber used cars selling for more than new?). They use to get drivers license to hang out (and have sex) with their friends. Now everything moved online.
Alcohol decreases where marajuana is legalized, a safer alternative.
Women saw the right to an abortion disappear- and more than half of gen Z men support it. That plus sex ed leads to low levels of sex.
But, no, it is because all of Gen Z is “Timid”.
As a millennial, fuck this article and all of those like it. Now they’re going after Gen Z with their Pro-Boomer attacks. My generation got fucked but Gen Z and Gen α are getting it even worse, without even getting the childhood benefits that we had.
It does feel like an accusation, doesn’t it?
Why did they get the black eye I gave them with my status quo?
Forbes is just writing fan fiction for a certain demographic…
Uh didn’t the majority of them just vote in a fascist to fuck up their economy and futures? Risk averse my ass.
That actually seems just true or perhaps it just lines up with my personality. Alghtough i wouldnt be so quick to put wars , plauges and other dangers as the actual cause. its probably the opposite and the relative lack of those combined with the social media either overblowing most stuff or completley opposite , ridiculuing the problem with no inbetweens makes pepole weary .
I’m surprised only 1 in 5 is depressed. Oh, diagnosed, got it.
I dunno, I worked with a Gen Z aged dude that thought blowing his life savings on a down payment for a new Camaro was a sound investment because it was going to be the last ICE Camaro ever made.
I wanted to go into the points that a new car depreciates the second it leaves the lot, the cost of upkeep between now and the years it would take for the car to POSSIBLY gain value, but I knew they wouldn’t listen.
Last time I spoke with him before he was fired he was trying to decide whether it was a better idea to ship his collection of Pokemon cards to California to get professionally graded or to take the trip himself.
Dude definitely took risks. He definitely had some NFTs in his portfolio.
Every generation has dipshits man. I know broke Millennials who even now try to hold onto BMWs they can’t afford to maintain or fuel, just for the clout
What age is it okay to walk a couple miles from your house these days?
18, with a license to do so
I urge people to please read the article. When you read it properly, you can see that it mentions that Gen Z are emotionally risk averse but says nothing about their risk taking in other avenues like finance, entrepreneurship, career direction, etc.
In fact, the Forbes article clearly shows how Gen Z are taking more risks in entrepreneurship and work related activities.
It seems like the generation may be more willing to take risks when safe at home behind a screen.
safe at home behind a screen.
You have to define safe here. Investing in starting a business, even one involving sitting behind a screen and writing code, involves a appreciable amount of risk of losing your money. In no way is that person in a position of safety.
I would actually like to see if gen Z are more risk averse when it comes to participating in adventure sports - mountain climbing/rock climbing, skydiving, rafting in fast flowing water, etc
“Careless mans careful daughter.”
See parents be dumb sometimes leads kids to not want to be like them.
she cute
We don’t need to take risks, our circumstances are taking all the risk for us.
18-to-24-year-olds
Weird grouping with Gen Z being 3 years older than the max
But the way they use the computer and internet shows they aren’t risk adverse, just different risks
The anxiety is probably because like millennials, they’ve been told the world is ending their whole lives and instead of doing anything about it we’ve just made the middle class poor
Don’t forget the rapid fire misinformation they are addicted too. Manipulation is off the charts
People like Tate and Peterson have done immeasurable damage to Gen Z… Instagram was deeply damaging to women’s mental health but the manosphere has done damage that will probably never be undone.
Millennials were not told that. Millennials grew up on in the golden era and then it all fell apart on them when they became adults. They were raised on high hopes.
I am a mid to early melenial. I was born in 1986. My first time concerned about the future was y2k. Yes, nothing ended up happening but it was a lot of doom and gloom(and long hours for the people preventing the doom and gloom becoming reality). I remember freshman year of hs when September 11th happened. Most of my friends graduated college in 2008-2009 during the financial collapse. We recover but significantly struggling more than expected and more than our parents. Now in the background there is still the Afghanistan and Iraq wars which seem to be at a stale mate.
The you have the chronic issues… Aids appeared in the 80s, probably never to leave. Global warming… Need I say more?.. The multiple diseases spreading like Sars.
Then you have the crazies pushing that a apocalypse will occur in 2012.
We get out of that all and enter into trump. Then covid 19 occurs. Now inflation.
What do we have to look forward to? The housing bubble collapse. Increase global warming. Automation reshaping the job land scape. The loss of the ability to truly own something. The same wage as 30 years ago with prices exponentially growing.
It was the golden age before mellenials… We just hung on through the downfall…
Fuck now I’m depressed…
Maybe that’s what makes millennials different. So many of the big scares ended up being big nothings.
AIDS was going to kill everyone… except it’s a STI, and now can be almost fully managed with drugs.
Weed was going to kill everyone and make everyone else go crazy… except it’s arguably less harmful than even caffeine, let alone tobacco or alcohol.
Y2K was going to end the world… except people put significant money and effort into solving it.
The hole in the ozone layer is growing… except we put regulations in place to stop it from growing and saved ourselves.
We managed to save ourselves, as a species, from all of these things. It wasn’t until 9/11 when we didn’t really know what to do and never really recovered from it as a society.
It makes sense that that’s often where people say the 90s really ended. And it’s a decent cut-off for when someone is Gen Z. If you don’t really remember 9/11 (and especially nothing before it), you’re not a millennial.
The US was fighting wars in the Middle East for the first 30 years of our lives, we watched the worst mass casualty event since pearl harbor on live tv, we lived through the worst economic crisis since the great depression, covid, tea party, trump, Katrina, isis, Putin, etc etc. When were these high hopes you speak of?
Basically, pre-2008.
Wars in the middle east were the norm, but they were always elsewhere, and the govt sold us that they were fighting the bad guys, that everything was under control, and that home would continue to be safe and prosperous. There basically weren’t any other militaries that could reasonably rival the US World Police. Yeah, it was seen as problematic, but in a way that seemed TOO safe, never unsafe. Random acts of terrorism was sold to us as the only real threat (even though it realistically wasn’t).
As kids, millennials were told that the American dream was real, that if you go to college you will get a good job and be able to provide for your family. It wasn’t until around the time of the 2008 recession that people really started noticing how worthless a lot of their college degrees were, and how much debt they had been saddled with.
Similarly, climate change was being successfully sold as “maybe a complete hoax” in the media. Even if you did believe it was real, it wasn’t crazy to feel optimistic that there was still time for the science to settle, and voters/politicians to make the right decisions before things got too bad.
Putin, Trump, and Covid were all solidly during Millennial adulthood, not representative of their youth.
2008-2020, very high, me.
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Millennials include people 10 years older than you. We were definitely being sold a future of sunshine and rainbows until at least late high school, if not our 20s.
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Millennials were sold the same promises as Gen X, only it was quickly becoming apparent that those promises were straight up lies. The young millennials cam of age in the wake of the 2008 crash while the older ones lost everything in said crash. Zoomers are still being sold the American dream, only now it’s more of a hostage demand.
Yeah, my brother is an elder millennial (43), I’m 33. It’s wild the different stories we were told about how our lives were going to be. If he hasn’t gone into the military, I doubt he’d be any better off then I am, and I am… Not doing great, financially.
Yeah I’m 30 and had to explain to my father that he could raise a family on a single engineer’s income, but I wouldn’t be able to. That was when I was a teenager
Affording a house on a single income isn’t doable, never mind raising a family!
You absolutely can. All you need is to be an engineer or other highly skilled professional or a tradesperson who works a ton of overtime and live in a low cost of living area on a tight budget and save for a decade
I am an engineer 🥲
Me too. And if I wasn’t fleeing Ohio I’d be looking at buying a house here. Not a big one but there are decent small houses in the suburbs that are affordable as an engineer on a single income if you save aggressively. Instead I’m spending my down payment on moving to the west coast.
Kyoto protocol was 1997, and that was just extending a climate treaty from 1992
You’re thinking of boomers
I can attest to this. My kids and nieces/nephews are all reaching high school and they are so chill compared to my generation. They’re not interested in booze, sex, drugs or being out all night. They’re happy at home gaming together online or coding or something. It’s good really, we were not risk averse enough
