Gen Z also faces an unprecedented behavioral health crisis: US Gen Zers surveyed by McKinsey report the least positive outlook and the highest prevalence of mental illness of any generation, and European respondents report struggling with self-stigma.
Gen Z kids are more likely to experience depression, anxiety, and suicidal thoughts than their older counterparts. This is largely due to the excessive amounts of time they spend on social media, which can lead to feeling isolated, inadequate, and overwhelmed.
Research also indicates that Gen Zers are currently the most stressed demographic of people. The American Psychological Association (APA) reports that: 90% of Gen Z experienced psychological or physical symptoms as a result of stress in the last year. ²
It's little wonder why: Gen Z are more likely than other generations to report that the pay they receive for their work does not afford them a good quality of life (26% compared to 20%), and 77% of them are in search of a new job (nearly double the rate of other respondents), per a McKinsey & Company report.
Here's what companies can do about it. In a survey by the Alexandria, Virginia-based nonprofit, 47% of Gen Z workers reported experiencing stress related to their job at least once per week, compared to 27% of Baby Boomers.
In most surveyed countries, a higher share of Gen Z survey respondents report poor mental, social, and spiritual health compared with other generations.
Gen Z (42%) is about twice as likely as Americans over 25 (23%) to battle depression and feelings of hopelessness.
The biggest mental health issue Gen Z deals with is anxiety. Nine out of ten Gen Z with diagnosed mental health conditions struggle with anxiety, and nearly eight out of ten (78%) are battling depression. Other mental health conditions the generation faces are ADHD (27%), PTSD (20%), and OCD (17%).
But Gen Zers are different from older generations, because they are the first consumers to have grown up wholly in the digital era. They're tech-savvy and mobile-first—and they have high standards for how they spend their time online.
Generation Z – also known as Gen Z, iGen or postmillennial – are a highly collaborative cohort that cares deeply about others and have a pragmatic attitude about how to address a set of inherited issues like climate change, according to research by Roberta Katz, a senior research scholar at Stanford's Center for ...
Art and Music / Playing an instrument are top hobbies for Gen Z and Millennials that are included in both their top five rankings.
Students fear a lack of finances and fulfilment
The greatest fears for Generation Z centre on not achieving their hopes and dreams for the future.
According to Finder's Consumer Confidence Index, Gen Z saves an average of $857 per month, while millennials save $294. Gen Z also has an average of $10,062 in savings compared to $7,165 for millennials.
Generation Z, or "Gen Zers," are known for having a strong sense of social justice and promoting diversity in all areas of society. They use their voices and platforms, such as social media and online communities, to advocate for marginalized communities and push for change.
Gen Z and mental health. Regarding the stats, it's clear that Gen Z is struggling. A 2022 survey of Gen Z young adults (ages 19 through 24) found that 42% are diagnosed with a mental health condition.
Researchers say younger generations deal with an ongoing wealth inequality. They see senior executives get bonuses and higher wages, while average worker wages remain stagnant. In a 2023 Deloitte survey, nearly half of Gen Zs and four in 10 millennials said they feel stressed all or most of the time.
Gen Z and the Loneliness Epidemic
Business Insider's research further reveals that 60% of Gen Z has felt the grip of loneliness within the past year. Additionally, an alarming 30% of young people confess they are unsure how to make new friends (Vice, 2022), heightening their feelings of isolation.
Results from a recent Australian National Youth Mental Health Survey taken in 2020 -2021 showed Gen Zer's are reporting the highest rates of anxiety, depression, trauma, stress, loneliness, unemployment, housing stress, educational disruption, eating disorders, substance abuse, and social anxiety, in history.
Coping With Obesity
If Gen Z's historically high child and teen obesity rate continues unchanged, 77 percent of men and 61 percent of women in the demographic will be obese by adulthood. One of the major reasons is that kids are not as active as older generations were.
So it's no surprise recent studies have declared millennials, especially women, the most anxious generation in history. Anxiety comes in many forms, but the simplest way to describe it is feeling worried or nervous about the future or uncertain situations.
“Hot yellows and oranges, vibrant purples, bright reds—these too tell a playful story, one that brings us back to our childhoods encouraging play and the joyfulness of creative expression.”
“What Gen Z wants is to do meaningful work with a sense of autonomy and flexibility and work-life balance and work with people who work collaboratively,” said Julie Lee, director of technology and mental health at Harvard Alumni for Mental Health, and an expert on Gen Z health and employment.
Gen Alpha will be even more digital-forward
As the second digitally native generation, Gen Alpha will adopt technologies like smartphones and social media even faster than Gen Z.