Generation Z, also known as the igeneration, comprises individuals born between 1997 and 2012. This generation has been raised in a world vastly different from that of their parents and grandparents, with rapidly evolving technology and changing social norms.
Despite their unique challenges, one of the most significant concerns for Gen Z is the lack of preparation for the workforce. America is failing to prepare this generation for work in numerous ways, and if we do not take action, the consequences will be dire.
Lack of Soft Skills Training
Soft skills such as communication, teamwork, problem-solving, and critical thinking are essential for success in any job. However, these skills are often not taught in schools and colleges.
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According to a National Association of Colleges and Employers survey, only 43% of employers believe that recent college graduates are well-prepared in soft skills. This skill training gap leaves many Gen Zers struggling to secure employment and succeed in their careers.
Lack of Technical Training
The job market is increasingly becoming more technical, and Gen Zers must have the skills to keep up with the changing landscape. Unfortunately, many schools and colleges are not providing enough technical training to prepare their students for the job market.
A study by CompTIA found that only 45% of high school students have access to computer science courses, and just 8% of college graduates have a degree in a STEM field. The lack of technical training from a traditional education system disadvantages Gen Zers when applying for jobs in technical fields.
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Lack of Career Guidance
Many Gen Zers enter the job market without knowing what they want to do or how to get there. This is partly because schools and colleges do not provide enough counseling services. Also, many Gen Zers are not exposed to a wide range of career options; therefore, they do not understand the skills and qualifications required for different jobs. This makes it harder for them to navigate the job market.
Lack of Real-World Experience
Employers want candidates with real-world experience. However, many Gen Zers are not getting enough opportunities to gain experience before entering the job market. This is because there are insufficient internships, co-op programs, and other work-based learning opportunities. As a result, many Gen Zers enter the job market without experience, a significant disadvantage in today's competitive job market.
Consequences of America's Failure to Prepare Gen Z for Work
America's failure to prepare Gen Z has made it harder for them to find employment. According to a report by the Economic Policy Institute, the unemployment rate for young adults aged 18-34 was 7.8% in 2020, significantly higher than the overall unemployment rate. This statistic highlights the challenges that Gen Zers face in the job market.
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Moreover, according to a report by the Brookings Institution, young adults who enter the job market during a recession experience lower earnings throughout their careers.
America's failure to prepare Gen Z for work is also impacting the country's economic growth. The labor market is a critical component of the economy, and if Gen Zers are not well-prepared to enter the workforce, it could slow down the country's economic growth in the future.