Financial Uncertainty Triggers Desire for Fiscal Stability Among Gen Y Employees, Reveals MetLife Study

Generation Y employees may have been hardest hit by the daily financial pressures exerted by the economic downturn of recent months. More than half (53%) of Gen Y employees (ages 21-32) say they are now living paycheck to paycheck – up from 50% in 2007 – versus 44% of their older associates. And nearly three in four (73%) are very concerned about having enough money to make ends meet, compared to 56% of Generation X employees and 62% of Baby Boomers, according to MetLife’s 7th annual Employee Benefits Trends Study.

Financial Uncertainty Triggers Desire for Fiscal Stability Among Gen Y Employees, Reveals MetLife Study
Source: Earthtimes