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Thursday, February 9th, 2023

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"The world's deadliest earthquakes in the past 25 years, at a glance"

It is hard to overstate the sheer destruction coming out of Turkiye. Over 20,000 people dead. Just atrocious stuff. This article from NPR helps put it in perspective.

2/9/2023 6:16 pm | | Tags: turkiye, natural disaster, earthquake

Why Gen-Z and Millenials might be seen as Entitled

This post looks at the perception of "entitlement" among Millenials and Gen-Z. The author, Ted Lamade highlights the fact that for the past 15ish years, the economy has been very solid and mass layoffs haven't happened. This, he says, is part of the reason the young generations (myself included, sort of) have (as you'll read) a high confidence in their ability and bargaining power.

Now, I will note, as an "elder millenial" I worked (and was laid off) during the great recession. So, I am aware of what it can mean. However, I do take Lamade's point that this might be part of why older works perceive younger ones as "entitled." Not something I had considered before.

While it's a bit harsh to label these generations "entitled", they do have something in common that can give off this impression. Something that binds them. Something that explains the heated responses in the bar — given the strength of the U.S. economy over the past decade-and-a-half, these two generations have yet to experience or witness sustained professional loss (Covid was clearly traumatic, but the recovery was swift given the degree of fiscal and monetary support).

This means that the youngest part of the U.S. workforce hasn't experienced large scale layoffs, seen what effective leadership amidst a pronounced economic downturn looks like, witnessed strong mentorship during these moments, watched teams rally together, and ultimately seen the impact these experiences can have on their careers. The work-from-home phenomenon has only exacerbated this phenomenon.

The result?

This sustained economic expansion has created two generations that are more confident in their own ability and bargaining position than any in quite a while.

Yet, change might be afoot. If this current economic slowdown persists (especially in the tech world), I expect to see some significant changes in the coming months and quarters, with one of the first being a migration back into the office.

2/9/2023 6:23 pm | | Tags: gen z, millenial, economics, layoffs

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Chess For the Day

Record: 2-0-0
Net Elo Change: +11

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2/9/2023 10:45 pm | | Tags: automated, mastodon, social media, chess
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