Source page: McKinsey & Company
Commentary
Job jitters
Jobs | Economy
May 9, 2023 – Economic uncertainty has some US consumers concerned about job security, despite a persistently tight labor market. Senior partner Kelsey Robinson and coauthors shared results from the recent McKinsey Consumer Pulse Survey, finding that 74 percent of Gen Z and millennial respondents are worried about job security. Baby boomers, meanwhile, are less likely to reenter the workforce and indicate less concern about job stability.
To read the article, see “US consumers send mixed signals in an uncertain economy,” April 28, 2023.
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Visual form
Stacked vertical bar comparison chart.
Layout / body structure
A single set of vertical columns runs left to right across generations and total population, with the top portion of each bar showing lower worry and the bottom portion showing increasing worry levels below the midline.
What is being compared
It compares concern about job security across Gen Z, millennials, Gen X, baby boomers, and the total sample.
Measurement system
The measure is percent of respondents, broken into four worry bands: not worried at all, slightly worried, somewhat worried, and extremely worried.
Visible structure inside the graphic
Each column is split into four stacked shades, with the lightest segment above the midline for respondents not worried at all and three darker segments below it for increasing levels of worry, so the chart reads as a balance between calm and concern for each generation.
Main takeaway from the visual
Younger cohorts carry much more of their bar below the midline, while baby boomers have the largest not-worried segment by far, which makes the age gradient in job-security anxiety visible immediately.
Key standout values or extremes
Gen Z shows 25 percent not worried at all, 37 percent slightly worried, 30 percent somewhat worried, and 7 percent extremely worried, while baby boomers show 82 percent not worried at all and only 2 percent somewhat worried plus 4 percent extremely worried.
Controls / sequence, when applicable
This is a static chart image with no in-chart controls to operate.
Companion media, when applicable
There is no separate companion audio or video; the chart image is the full visual on this page.