A growing segment of the Gen-Z population is withdrawing from the global workforce and educational systems, raising concerns about long-term economic stability. Currently, one in five individuals aged 15 to 24 is classified as a NEET (Not in Employment, Education, or Training) on a global scale. This trend is largely driven by escalating debt levels and wages that have failed to keep pace with the rising cost of living. Analysts suggest that these financial pressures, combined with weak job prospects, are discouraging young people from traditional career paths. The long-term implications include structural labor shortages and reduced productivity, which could weigh on major equity indices like the SPY and QQQ. Furthermore, a decline in labor participation poses a significant risk to future GDP growth and overall economic resilience.
Sign up free to access this content
Create Free Account