BUSINESSFORTUNE
United States’ $39 trillion national debt will mean fewer jobs at lower wages for Gen Z, according to think tank
A report by the Peter G Peterson Foundation, using analysis from EY’s QUEST practice, warns that rising U.S. national debt could reduce jobs and wages for Gen Z and Gen Alpha by 2075. EY projects 3.6 million fewer jobs by 2075 under current fiscal trends, with wages declining by 5.3% compared to a stabilized debt scenario.
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