At CareerSource South Florida we continue to monitor workforce trends, and it’s essential to recognize the emerging impact of Generation Z, which includes individuals born between 1997 and 2012. Currently, the majority of the workforce consists of Baby Boomers (19%), Generation X (35.5%), and Millennials (39.4%). However, as more Baby Boomers retire, the number of Generation Z workers is rapidly increasing. According to the World Economic Forum, by 2025, Generation Z is projected to make up nearly 30% of the labor force, significantly influencing the South Florida job market.
One of the defining characteristics of Generation Z is their relationship with technology; they are the first generation to grow up with internet access and are often dubbed “digital natives.” Technology has always been part of their lives and they have the ability to adapt and thrive with new technological advances.
This generation was also significantly impacted by the COVID-19 pandemic, which began as the oldest members of Gen Z were graduating and entering the workforce. This experience may explain why, according to World Economic Forum research, 73% of Gen Z employees prefer flexible work options that allow them to manage their hours or work from home either permanently or a few days a week.
Members of Gen Z are more racially and ethnically diverse than any previous generation, according to the Pew Research Center. They are also more likely to identify as LGBTQ+ at much higher rates than older Americans. Therefore companies that prioritize diversity, equity, and inclusion (DEI), tend to attract Gen Z talent.
Compared to other generations, Gen Z workers report higher levels of stress and burnout at work. Burnout and stress can negatively impact work performance and contribute to young workers continually changing jobs or “job hopping”. This generation is generally attracted to jobs that take mental health seriously.
As young workers, Gen Z employees are searching for opportunities to advance in their careers and they actively seek mentorship relationships at work. They also value training and development opportunities. Companies that offer training programs and have a collaborative work environment are generally preferred by this new generation.
Each generation brings unique qualities, traits, and values to the workforce, reshaping it in distinct ways. Gen Z, in particular, is technologically adept, values flexible and remote work arrangements, seeks a healthy work-life balance, and often prioritizes a diversified workplace. While this generation is still relatively new to the workforce, employers who recognize these traits and can adapt to meet them will create a more positive work environment that attracts and retains new talent.
Maximize your capabilities with CareerSource South Florida’s array of resources and assistance. Contact us at
305-594-7615 or stop by our Career Center to commence your path to a thriving career.
Explore further at https://www.careersourcesfl.com/career-center.
