Title: Can Young Americans Still Have A Better Life Than Their Parents? An Analysis Of The Current Economic Landscape And Its Impact On Gen Z & Millennials The current economic landscape presents unique challenges to Generation Z and millennials, who have come of age during periods of financial uncertainty. From the recession in the early 2000s to the COVID-19 pandemic, these generations are navigating adulthood with significant barriers standing in their way. Despite being the largest share of the labor force and on track to surpass previous generations in educational attainment, they remain less likely to believe in the American dream. The financial barriers faced by Gen Zers and millennials include difficulty finding work and high housing costs that have outpaced wages over the last two decades. A recent Marist poll found that 70% of Gen Z respondents say jobs are difficult to find right now, along with nearly 60% of millennials. Housing prices have also skyrocketed, making it increasingly challenging for younger Americans to buy homes. In 1991, the median age of a first-time homebuyer was just 28 years old; last year, that number rose to 38 according to the National Association of Realtors. These challenges have significant implications for young people’s political views and decision-making processes. Many are delaying major life decisions due to concerns about affordability. As a result, they may be more likely to vote based on economic issues rather than traditional party lines. This shift in perspective could potentially lead to changes within the political landscape as younger generations become increasingly influential voters. In conclusion, while Generation Z and millennials are making strides in education and workforce participation, their path towards achieving a better life than their parents is fraught with financial obstacles. These challenges may shape not only their personal lives but also influence the political landscape as they continue to grow into influential voters. It remains to be seen how these trends will evolve over time; however, it’s clear that addressing economic inequality should remain a top priority for policymakers and society at large.
Source: [Original Article](https://www.npr.org/2025/08/31/g-s1-85469/young-americans-economic-anxiety-politics)
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