Jobs, AI & Gen Z: 5 Numbers That Explain Today’s Economy

228,000

U.S. payrolls rose by 228,000 in March—well above expectations—while the unemployment rate increased to 4.2%. Healthcare led job gains with 54,000 new roles, and average hourly earnings rose 0.3% month-over-month (annual growth at 3.8%, lowest since July 2024). Despite strong job growth, markets were rattled by new 10% tariffs announced by President Trump, raising fears of a trade war.

40%

The UN warns that AI could affect 40% of jobs globally, increasing the risk of widening inequality between nations. The AI market is projected to reach $4.8 trillion by 2033, matching the size of Germany’s economy. However, 40% of global AI R&D spending is controlled by just 100 companies, mostly in the U.S. and China. The UN urges inclusive governance, AI skill development, and open-source access to avoid leaving 118 countries out of critical AI advancements.

155000

In March, U.S. private sector employment increased by 155,000 jobs, surpassing expectations and rebounding from 84,000 in February. Annual pay rose by 4.6% year-over-year. Notable job gains occurred in professional and business services (57,000 jobs), financial activities (38,000 jobs), and manufacturing (21,000 jobs). Conversely, trade, transportation, and utilities sectors experienced a loss of 6,000 jobs. ​

74%

As companies like JPMorgan and Dell push for full-time return-to-office (RTO), 74% of working parents are back in-office or hybrid, creating a surge in childcare needs. Around 44% want subsidized and 41% want on-demand childcare. Rising costs and tighter schedules are making parents rethink staying in the workforce. Flexible start/end times were the top benefit parents wanted, and many now prioritize flexibility over salary. Some companies are exploring on-site childcare as a long-term solution.

52%

Gen Z is financially falling behind — but time is still on their side. A recent Bank of America report shows that 52% of Gen Z workers don’t earn enough to meet their desired lifestyle, and many spend nearly twice their income. Only 20% are saving for retirement, while the average credit card debt is $3,456. Their spending on entertainment and travel rose 25.5% in the past year, leaving many unable to cover even a month’s expenses.