America’s Flatlining Income Growth Is Hitting Gen Z the Hardest, Throttling Their Shot at Homeownership, JPMorgan Report Warns

America’s flatlining income growth is hitting Gen Z the hardest, throttling their shot at homeownership, JPMorgan report warns

In a period of their lives when young people are poised to make career leaps and earn more money, they are instead falling behind past generations on the path to growing their finances, according to the JPMorganChase Institute. A report published Wednesday found income growth, a metric showing how much one’s earnings have increased, slowed to its lowest level in nearly a decade—and Gen Z and young millennials are being hit the hardest. All age g…

Why are Gen Z unsure about having children?

Studies show that Gen Z are becoming increasingly uncertain about having kids, citing climate change and economic uncertainty as key factors in their decisions. Should we be worried? Are you a family person? Research over the last few years suggests that Gen Z and those under 50 are becoming increasingly unsure about having children. Studies … Continued

Digital-First Retention Playbook: Winning Gen Z Loyalty at Credit Unions

Generation Z consumers—born between 1997 and 2012—are an increasingly sought-after credit union (CU) demographic. Members belonging to this age group are at the highest risk of switching to competing financial institutions (FIs), making their retention an urgent priority for CUs. Gen Z consumers perceive themselves as facing unique challenges and feel less in control of their financial lives than older age groups. As the first digital-native gen…