Nowadays, the housing crisis is developing into one of the most thorny socio-economic problems the new generation has to face. With rents galloping and wages remaining pinned down, the acquisition of housing seems to most young adults in Greece as an impossible scenario, entrenching them to a prolonged dependence on [...]
Time Out has just announced the best cities in the world for Gen Z – and half of those in the top 20 places are in Europe. After researching 4,000 residents aged 18 to 29 in 150 cities worldwide, Tokyo emerged as the number one option for those born [...]
The Z generation faces great challenges by entering the labour market, which is at its worst possible moment. Import level positions shrink due to AI, recruitments have been at the lowest level since 2020 and degrees no longer guarantee the coveted interview. Most still seek a steady wage and health insurance In front of [...]
Larry Fink, CEO of BlackRock, warns that overemphasis on university professions creates a labour market crisis. In an interview with the BBC he stresses that technical professions, such as plumbers and electricians, gain equally strong prospects. Investigations show that 38% of employers plan to hire fewer graduates due to artificial intelligence, while 41% of workers fear disappearance of admission levels. At the same time, 61% of young people under 28 now consider technical professions attractive, with AI creating new opportunities in practical areas that cannot be automated.
