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What the hell is this shit? Instead of pushing for the return to traditional pensions, capitalism is celebrating the idea that Millennials and Gen Z may simply never be able to stop working. (www.cnbc.com)

submitted 8 months ago* (last edited 8 months ago) by ASK_ME_ABOUT_LOOM@sh.itjust.works to c/workreform@lemmy.world

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Traditionally, retiring entails leaving the workforce permanently. However, experts found that the very definition of retirement is also changing between generations.

About 41% of Gen Z and 44% of millennials — those who are currently between 27 and 42 years old — are significantly more likely to want to do some form of paid work during retirement.

...

This increasing preference for a lifelong income, could perhaps make the act of “retiring” obsolete.

Although younger workers don’t intend to stop working, there is still an effort to beef up their retirement savings.

It's ok! Don't ever retire! Just work until you die, preferably not at work, where we'd have to deal with the removal of your corpse.

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[-] ZzyzxRoad@sh.itjust.works 30 points 8 months ago

So sick if seeing these articles framing "millennials/gen z killed xyz" as a preference or a want.

Remember when we killed the diamond wedding ring industry? We can't pay our rent ffs.

[-] SnipingNinja@slrpnk.net 20 points 8 months ago

That industry deserved death tbh, and so does the diamond mining industry in general

[-] FlyingSquid@lemmy.world 15 points 8 months ago

They used to advertise a diamond engagement ring as costing 'three months' salary' since that was painful, but affordable.

Who can afford to sacrifice one month's salary anymore?

this post was submitted on 23 Oct 2023

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Work Reform

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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

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All workers must be paid a living wage for their labor.
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