The Peorian

Tue04162024

Last updateMon, 15 Jun 2020 10pm

Back You are here: Home News News Business Generation Z is entering the workforce

Generation Z is entering the workforce

genz1
genz2
Log in to save this page.

The first waves of young people born from 1995 through 2010, aka "Generation Z", are in the process of leaving school for the labor market.

This demographic accounts for 25 percent of the total population, and with the upcoming influx of Generation Z employees, coupled with Baby Boomers' retirements, the American workforce is growing demonstrably younger.

According to a new CareerCast report some of the best jobs for Generation Z are positions that tie directly into the needs of this younger demographic.

Organizations need an understanding of this growing consumer base to succeed in the years to come. Opportunities for Market Research Analysts will grow, corresponding with the push to market to the growing Generation Z consumer base. Other hot careers with high-growth options are Statistician (+34%), Financial Planner (+30%) and Interpreter/Translator (29%).

In addition, Generation Z workers have been exposed to technology from birth, unlike baby boomers, many of whom were born pre-Internet and pre-cell phone. This innate facility with technology lends itself well to professions such as Computer and Information Systems Analyst, Information Security Analyst, and Software Developer.

Financial institutions rank among the most prolific hirers of new college graduates, and degrees in finance rank among the most popular degrees that American students have received in the last three years, per the National Association of Colleges and Employers.

"Generation Z is focused on avoiding debt and that's where Financial Planners come in," says Kyle Kensing, online content editor for CareerCast.

"With the average retirement age expected to push 70 by 2050, early planning and smart savings strategies are paramount for the new generation, starting from the outset of their careers," he said.

The following are 10 of the best jobs for Generation Z as identified by CareerCast.

Career Median Annual Salary Growth Outlook to 2024
Computer & Information Systems Analyst $131,600 15%
Environmental Engineer $84,560 12%
Financial Planner $89,160 30%
Human Resources Manager $104,440 9%
Information Security Analyst $90,120 18%
Interpreter/Translator $44,190 29%
Market Research Analyst $62,150 19%
Registered Nurse $67,490 16%
Software Developer $100,690 17%
Statistician $80,110 34%
About the Author