The class of 2020 started out feeling hopeful, but the pandemic hit—now Gen Z is falling behind in their careers. Almost a year into COVID, college students are adjusting to the impact the pandemic has had on their education and potential careers. In the U.S., recent graduates are seeking employment in “one of the worst job markets since the Great Depression.” The unemployment rate for 15-24-year-olds jumped to 27.4% in April and dropped 11.7% in October. While the job hunt varies by region and sector, employed graduates report that securing a position comes down to luck, time, and “a robust professional network.” Those who have degrees in nursing, communications, psychology, and engineering are struggling to find decent-paying jobs in their fields—which is affecting their student loan payments. YPulse’s employment and career plans report found that Gen Z is becoming more pragmatic when it comes to their futures. (Vox)
