Gen Z Is Leaving the US Because They Can't Afford It

Thursday, 12 September 2024, 09:00

Gen Z is leaving the US because they can't afford it, with 45% of expats seeking a more affordable lifestyle abroad. The desire for a lower cost of living drives their choices, particularly towards the U.K. as the top expat destination.
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Gen Z Is Leaving the US Because They Can't Afford It

Understanding the Gen Z Exodus

In recent findings, it is revealed that Gen Z is leaving the US because they can't afford it. A significant portion, specifically 45 percent of Gen Z expats, has made the decision to seek a lower cost of living outside their home country. The U.K. stands out as the leading destination for these young expatriates.

Reasons for the Move

  • High living expenses are prompting these changes.
  • An attractive job market and lifestyle options abroad.
  • Community and networking potentials in foreign lands.

Impact on The U.S. Economy

This shift raises questions about the future of the U.S. economy and workforce. As more of these individuals choose to establish their lives elsewhere, the implications for local markets may be profound.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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