The failure-to-launch trend that started with millennials is continuing with Gen Z, and many are turning to parents for assistance, according to a new column by Bloomberg.

According to a 2024 Bank of America study, over half of adult Gen Zers reported that they don’t pay for their own housing. A separate study by Savings.com found that parents of adult Gen Zers expect to give their children $1,813 a month in 2025, which includes expenses for groceries, cell phones, rent and utility bills.

The uncertainty around AI and long-term employment prospects for entry-level jobs raises another question for details ⇒

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