Why this is a good thing.Gen Z workers increasingly opt out of college and into the trades: ‘There are about 2 million fewer college students.
First that’s 2 million less protestors. But all kidding aside, these young folks are seeing that they not only can make as much if not more, but also are finding it easier to start their own business.
“Industries like construction, manufacturing, and trade, transportation, and utilities have had lower termination rates than sectors where many white collar workers are concentrated, like professional and business services,” he says.
And with Baby Boomers slowly exiting the workforce, more opportunities could open up. “As these folks age out,” says Tremper, “Gen Z workers are going to be able to move into a space where they’re building their own businesses, adding to the dynamism of the economy and really providing a lot more opportunity for themselves financially.”