• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises

2

Despite having a $165 million net worth, Scarlett Johansson says work-life balance doesn’t exist—and the first step to success is admitting that

3

Nearly 50,000 Lake Tahoe residents have to find a new power source after their energy source looks to redirect lines to data centers

1

The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises

2

Despite having a $165 million net worth, Scarlett Johansson says work-life balance doesn’t exist—and the first step to success is admitting that

3

Nearly 50,000 Lake Tahoe residents have to find a new power source after their energy source looks to redirect lines to data centers
EconomyGen Z

Young Americans are more pessimistic about jobs than their parents—and no advanced economy has ever seen this kind of divide

By
Nicholas Riccardi
Nicholas Riccardi
and
The Associated Press
The Associated Press
Down Arrow Button Icon
By
Nicholas Riccardi
Nicholas Riccardi
and
The Associated Press
The Associated Press
Down Arrow Button Icon
May 11, 2026, 11:53 AM ET
Yana Iskayeva/Getty Images

For years, younger Americans have been more optimistic about the job market than older Americans, even through the depths of the Great Recession. But in an abrupt shift, a new poll released Monday finds young people’s confidence has plummeted over the past two years — while their elders remain more upbeat.

Recommended Video

The gap between young and older Americans’ views of the job market now is greater than in any other country among the 141 surveyed, according to the Gallup World Poll. In the United States, 43% of those aged 15-34 believe it’s “a good time” to find a job in the area where they live, well below the 64% of those aged 55 and over who say the same.

Around the world, it’s the opposite. Globally, the median share of younger people who say it’s “a good time” to find work in their local job market is 48%, compared with 38% among older people.

The findings reveal a generational rift in Americans’ views of economic opportunity, with young people feeling increasingly downtrodden about job prospects, while older people still largely think it’s a good time to find work. The schism is likely to continue fueling generational divides in politics, where younger voters have focused on economic issues such as housing costs and have registered less faith in institutions.

“It’s an incredibly new phenomenon,” Benedict Vigers of Gallup said of young Americans’ pessimism. He added that last year was the first time in Gallup’s decades of polling that young Americans were more pessimistic about the job market than their peers in other developed countries. “Has this happened in most other advanced economies? The answer is a resounding no.”

Younger and older Americans differ on how easy it is to find a new job

Young people, with fewer physical limitations and family responsibilities — along with an ability to adapt more quickly than older counterparts — normally are more optimistic about their ability to land work.

But the new Gallup analysis finds the U.S. is one of only five countries where younger people are at least 10 points more pessimistic about the availability of work than older ones, joining China, Hong Kong, Norway, Serbia and the United Arab Emirates.

Among the 141 countries surveyed, younger Americans ranked 87th in job market expectations. Even that is striking, Vigers said, because young Americans have long stood out globally for their optimism about job opportunities. Other countries, such as New Zealand and Canada, had lower levels of optimism among the youngest group, but there was no significant generational divide.

The divergence between younger and older Americans happened suddenly. Every U.S. age group registered a drop in confidence in the job market after 2023 — following a post-COVID rebound in 2021 and 2022 — but those 34 and younger saw the largest decline in recent years. The share of younger Americans saying it was “a good time” to find a job plunged by 27 percentage points from 2023 to 2025. That’s comparable to the rate of decline for young people during the 2008 global financial crisis, which also saw a drastic drop in confidence for older Americans. But that hasn’t happened in the last few years. In fact, older Americans’ views have barely dropped.

Older Americans also have a sunnier view of the economic landscape more generally, according to recent AP-NORC polling. About 8 in 10 adults under 35 describe the U.S. economy as very or somewhat poor, according to an AP-NORC poll conducted in April. Only about 6 in 10 adults 55 and older say the same, although a majority still see the U.S. economy negatively.

John Della Volpe, a pollster who regularly surveys U.S. youth for the Harvard Kennedy School’s Institute of Politics, said young people are frequently frustrated at how prior generations don’t understand their current economic challenges.

“It’s just another thing that drains their mental health — ‘my parents don’t understand that their pathway at this stage in life that I’m in was so much easier,’” Della Volpe said.

Job market optimism among younger adults approaches Great Recession levels

Younger Americans’ job market views now register close to the level they did in 2010, when the country was still deep in the Great Recession. This is not the first Gallup poll to find striking levels of pessimism among young Americans — they also register notably high levels of anxiety about pocketbook issues compared with people their age in other countries.

A separate Gallup survey on perceived U.S. job prospects found pessimism emerging at the end of 2024 and continuing into 2025. That coincides with the beginning of President Donald Trump’s second term and the rise of artificial intelligence, which many fear will transform the labor market and eliminate many entry-level jobs.

The new poll finds the most frustrated groups of young people are those who haven’t secured a first job yet, college graduates and young women. But the heightened pessimism spreads across all subgroups of younger Americans, including men and those who haven’t attended college.

“Whoever they are, they are more pessimistic than they were three years ago,” Vigers said of young Americans.

The older Americans who have a less dire view of the job market are themselves more likely to be retired and not looking for work. They’re also more likely to own their own homes, a longtime building block of American prosperity that has increasingly seemed out of reach to younger people.

Day-to-day financial concerns were a key issue in the 2024 election, particularly for younger voters, and Trump improved on his previous performance among this group as he ran on a platform of economic prosperity, fighting inflation and affordability. But like other groups that were important parts of Trump’s 2024 coalition, some younger Americans have soured on the president as inflation continues, recent AP-NORC polling finds.

About 8 in 10 adults under 35 disapprove of how Trump is handling the economy and the cost of living, the recent AP-NORC poll found, compared with about 6 in 10 older adults.

___

The Gallup World Poll results are based on telephone interviews conducted among approximately 1,000 U.S. adults from June 14 to July 16, 2025. The margin of error is ±4.4 percentage points for the U.S. sample.

___

Associated Press writer Linley Sanders in Washington contributed to this report.

Subscribe to Fortune Gulf Brief. Every Tuesday, this new newsletter will deliver clear-eyed, authoritative intelligence on the deals, decisions, policies, and power shifts shaping one of the world’s most consequential regions, written for the people who need to act on it. Sign up here.
About the Authors
By Nicholas Riccardi
See full bioRight Arrow Button Icon
By The Associated Press
See full bioRight Arrow Button Icon

Latest in Economy

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Economy

America’s productivity boom started before AI, and a Stanford economist who decoded the Great Resignation says working from home is the reason why
Future of Workremote work
America’s productivity boom started before AI, and a Stanford economist who decoded the Great Resignation says working from home is the reason why
By Marco Quiroz-GutierrezMay 15, 2026
2 hours ago
deep-sea mining equipment
EnvironmentChina
China dominates the minerals that power AI. But one company claims there’s enough supply on the ocean floor to last for hundreds of years
By Jake AngeloMay 15, 2026
5 hours ago
Demand for longer-term U.S. debt gets weaker as one shock after another stokes fear that high inflation is here to stay
EconomyDebt
Demand for longer-term U.S. debt gets weaker as one shock after another stokes fear that high inflation is here to stay
By Jason MaMay 15, 2026
5 hours ago
Kevin Warsh, U.S. President Donald Trump's nominee for Chair of the Federal Reserve, is sworn in to testify during his Senate Committee on Banking, Housing, and Urban Affairs confirmation hearing in the Dirksen Senate Office Building on April 21, 2026 in Washington, DC.
EconomyFed interest rates
Dominoes are steadily falling in the path of the rate cuts Trump wants to see from Kevin Warsh
By Eleanor PringleMay 15, 2026
6 hours ago
lebanon
EconomyIran
Lebanon’s economy minister on the ‘existential nature’ of the Iran War shock: companies closing, people losing jobs, no tourism
By Malak Harb, Kareem Chehayeb and The Associated PressMay 15, 2026
8 hours ago
Current price of oil as of May 15, 2026
Personal FinanceOil
Current price of oil as of May 15, 2026
By Joseph HostetlerMay 15, 2026
10 hours ago

Most Popular

The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
Politics
The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
By Jake AngeloMay 12, 2026
3 days ago
Despite having a $165 million net worth, Scarlett Johansson says work-life balance doesn’t exist—and the first step to success is admitting that
Success
Despite having a $165 million net worth, Scarlett Johansson says work-life balance doesn’t exist—and the first step to success is admitting that
By Preston ForeMay 13, 2026
2 days ago
Nearly 50,000 Lake Tahoe residents have to find a new power source after their energy source looks to redirect lines to data centers
Travel & Leisure
Nearly 50,000 Lake Tahoe residents have to find a new power source after their energy source looks to redirect lines to data centers
By Catherina GioinoMay 12, 2026
3 days ago
Current price of oil as of May 14, 2026
Personal Finance
Current price of oil as of May 14, 2026
By Joseph HostetlerMay 14, 2026
1 day ago
The airplane fuel shortage is a myth propagated by airlines who want to cancel unprofitable flights, says private jet CEO
Energy
The airplane fuel shortage is a myth propagated by airlines who want to cancel unprofitable flights, says private jet CEO
By Jim EdwardsMay 14, 2026
2 days ago
Steve Jobs used a 'beer test' for interviews at Apple—if he didn’t want to drink with you, you didn’t get the job
Success
Steve Jobs used a 'beer test' for interviews at Apple—if he didn’t want to drink with you, you didn’t get the job
By Orianna Rosa RoyleMay 14, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.