Report/ Young people live paycheck to paycheck - Cost of living increases financial insecurity among the younger generation
The cost of living continues to be a top concern for young people around the world. According to Deloitte's global "Gen Z and Millennial Survey 2025," rising prices and everyday expenses top the list of concerns for younger generations for the fourth consecutive year.
The study shows that feelings of financial insecurity are also on the rise. Almost half of young people say they do not feel financially secure: 48 percent of Gen Z and 46 percent of millennials say their financial situation is insecure.
At the same time, more than half of them live paycheck to paycheck, finding it difficult to save or plan for the future. The pressure of daily costs is also directly affecting their personal well-being.
According to the report, only 36% of Gen Z and 39% of millennials who worry about the cost of living say they have felt happy in the past year. This shows that economic pressure is also affecting the emotional state of young people.
Meanwhile, eight in ten people say that both day-to-day finances and their long-term financial future are a constant source of stress.
Analyzing that if the increase in the cost of living continues, financial insecurity may increasingly affect young people's career decisions, savings, and their plans for the future.
China plans to revive economy with AI - "Using artificial intelligence a high political priority"
China's push to embrace artificial intelligence will create new jobs and boost the world's second-largest economy, policymakers and business leaders said,......
Chevron and Shell close oil deals in Venezuela - Venezuela's National Assembly approved oil law reform.
International oil majors Chevron and Shell are closing their first major oil production deals with Venezuela since the U.S. took over from President Maduro.......
Strait of Hormuz, US eliminates mine ships - Trump: Tehran will face serious military consequences
The US military "eliminated" 16 Iranian ships that were laying mines near the Strait of Hormuz on Tuesday, US Central Command said in a statement. Meanwhile,......
IEA Report: Oil Prices Falling - Largest Oil Reserves Opening Proposed
Oil prices fell further on Wednesday as the International Energy Agency proposed the largest ever opening of oil reserves, due to potential supply......
Exchange rate trend changes - General increase in the foreign exchange market
The US dollar started the day positively after registering an increase in value compared to the previous day, being bought today for 82.3 lek and being sold......
Monitoring the fuel market/ Ministry of Finance establishes a joint Task Force between Taxes and Customs
The Minister of Finance, Petrit Malaj, held a meeting with the Director General of Taxes, Ilir Binaj, and the Director General of Customs, Besmir Beja, where......
Ministria e Bujqësisë sqaron: Programi IPARD III nuk është hapur ende, po rishikojmë procedurat
Mbështetje e fermerëve me fondet e BE pritet që të rifillojë së shpejti. Megjithatë sipas një sqarimi që Ministria e Bujqësisë bën në rrjetet sociale,......
Government increases monitoring of fuel prices - Ibrahimaj: Daily mechanism for transparency in the market
The Minister of Economy and Innovation, Delina Ibrahimaj, together with the Minister of Finance, Petrit Malaj, and the Minister of Infrastructure and Energy,......
