BL Premium reports that a survey by professional services firm Deloitte has found that unemployment, crime and corruption within business and politics top the list of concerns among SA’s young adults between the ages of 27 and 38 (millennials).

Joblessness, economic growth as well as education, skills and training are of utmost concern for those aged between 18 and 26 (Gen Z). Young people were also found to be anxious about mental health, worsening economic prospects and the financial situation in the year ahead, according to the 10th Deloitte Global Millennials and Gen Z survey released on Tuesday. The survey was conducted in 45 countries, representing a broad range of respondents. Forty-five percent of SA’s millennials and 50% of Gen Z say they feel stressed or anxious most of the time and have taken time off work because of it. The leading causes of anxiety are their own long-term financial health, the welfare of their families, their career or job prospects, their day-to-day finances and their physical and mental health. Young people also have a bleak outlook for the economy and their finances in the year ahead. Sixty-five percent of SA’s millennials believe things will worsen economically over the next 12 months and only 19% think they will improve, while 53% of the Gen Z cohort believe things will get worse. The survey found that SA’s youth are acutely aware of inequality, with 82% saying wealth is not equally distributed in society, compared to 69% of their global peers; and 74% of Gen Zs expressed the same view, compared to 66% globally.

• Read the full original of the report in the above regard at BusinessLive (paywall access only)

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