The big fear of millennials and Generation Z in Brazil: being unemployed

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With more than a year of pandemic, the new generations — known as millennials e generation Z — are more anxious, stressed and concerned about the unemployment in Brazil. They also believe the world is on an inflection path on issues environmental, inequality e racism.

The latest edition of Deloitte’s “Millennials and Generation Z” global study brings data on how these generations are transforming, how much they feel responsible for societal issues, and what they expect from companies and institutions to drive change around the world.

“We see these generations with more involvement in public issues, spending alignment, career choices that reflect their values ​​and aiming to bring about change in social issues they consider most important. They bring a different way of thinking and acting, but the values ​​remain firm, sustaining their idealism and the role that companies have a duty to do more to help society. The time is ideal for organizations and institutions to adapt and transform themselves to meet these needs.”, points out Marcos Olliver , lead partner in the talent area of ​​Deloitte .

High levels of stress and anxiety

More than half of the study participants — from both generations — said they feel stressed out most of the time. Long-term financial future, family well-being and job prospects are the three most common causes of generational stress. To the generation Z, the main stressors are about jobs/career prospects and the long-term financial future. As for millennials, the reason ends up being their personal financial situation.

O stress it’s at anxiety they are prevalent in the workplace, and employers’ mental health efforts are seen as inadequate. Even with 52% of millennials in Brazil not feeling comfortable talking to their employers about the stress caused by the pandemic, compared to the global average, the generation seems a little more open with their bosses about the matter. However, most feel that their superiors can still do more to support employees’ mental well-being. Millennials, more than Generation Z in Brazil, feel even less supported by their leaders.

“Flexibility/adaptability” was pointed out by all as the most important factor for the success of companies. “Promoting more open and inclusive work connections where people feel comfortable talking about stress, anxiety or other mental health challenges they are facing is critical. -being of the employees.”, says Olliver.