According to survey data collected by market researcher YouGov in collaboration with Mint, more urban youth believe it is easier to find a job now compared to six months ago. About 43% of the Gen-Z (19- to 22-year-olds) and 45% of younger millennials (23- to 29-year-olds) think it is "somewhat" to "extremely" easy to find a job nowadays.
This is a marked improvement from six months ago when the percentage of respondents saying it is easy to find a job was just 21% among the Gen-Z and 27% among younger millennials. The outlook among the older millennials (30- to 38-year-olds) and Gen-X cohort (39- to 54-year-olds) also shows a similar improvement over the same period.
The pessimism is also prevalent across industries. The survey shows that, barring financial services and information technology industries, a majority of employees across sectors, including business services and manufacturing, believe it is difficult to find fresh jobs.
Across genders, this pessimism is concentrated largely among younger respondents (Gen-Z and younger millennials). Not only are these youngsters more pessimistic about finding jobs, they are also more dissatisfied with their existing jobs.
The survey showed that 16% of Gen-Zers and 12% of younger millennials, compared to 8% of older millennials (30- to 38-year-olds) and Gen-Xers (39- to 54-year-olds), said they weren't satisfied with their jobs and would move as soon as they got a better offer.
Even among those who said they were satisfied in their current job, an overwhelming majority of younger millennials said they would move for better roles or better pay.