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The Intelligence from The Economist
The Intelligence: The kids are alright, turns out
May 2, 2024
21:26
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Debunking stereotypes about Gen Z's financial success, India's advancements in nuclear capabilities, and Sub-Saharan Africa's baby boom. The podcast challenges popular narratives and explores global demographic shifts.
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- Generation Z shows higher financial prospects than perceived, with lower youth unemployment and higher wage growth.
- Sub-Saharan Africa is experiencing a baby boom despite global fertility rates falling.
Deep dives
Gen Z's Economic Advantage
Gen Z, born between 1997 and 2012, is experiencing better financial prospects compared to previous generations. Despite facing challenges like the pandemic and global unrest, Gen Z shows lower youth unemployment and higher wage growth, with an average income of $40,000 at age 25. This generation has more job choices, demands better conditions, and exhibits higher pay growth compared to other age groups.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode