ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

Amidst Layoffs and Uncertainty, Gen Z and Millennials Find Security in Government Jobs

The guy shared that he always wished to pursue a government job and after having one, he can think of retiring early—in 20 years. 
PUBLISHED FEB 18, 2024
Image Source: TikTok|@thatssoobrandon
Image Source: TikTok|@thatssoobrandon

The layoff wave and the struggle that younger professionals face in finding employment have together created uncertainty about the future. Amidst these gloomy times, GenZ and Millennials are now going old school, as they look for stable jobs instead of glitz and glamour, and government jobs have suddenly become popular on several social media platforms. One social media user has posted a video where he criticized private sector jobs and compared them with his government job, listing the perks of the latter. He started his video with a shocking reaction on how today's generation is making GRWM (Get Ready With Me) videos when they are about to be laid off. He further shared that he always wished to pursue a government job and after having one, he can think of retiring early in 20 years. 

Image Source: TikTok|@thatssoobrandon
Image Source: TikTok|@thatssoobrandon

The guy mentioned several benefits of the government job that he holds, including health insurance with a pension. He further revealed that he could retire in his 40s-50s and could easily invest his pension and make an added income. The guy mentioned that if he shifted to the private sector with the same KRA and was laid off, he would have no idea what to do as layoffs are pretty common in that sector. His government job gives him security and massive additional perks, even for his spouse.

Image Source: TikTok|@thatssoobrandon
Image Source: TikTok|@thatssoobrandon

He recommended looking out to the USAJobs website and finding out which federal agencies are currently hiring. There are several sectors such as HR, finance, tech, and IT that post urgent hiring requirements. If you come across any of those, do apply if you match the requirements and the industry. Another advice was to check the local government website regularly for well-paying openings.

The user further advised against rushing into a career, and added that people can start small and shift to a better role once they are in. Also, don't get impatient in the process as it takes time for the application to move and agencies will contact you if you fit their criteria. The influencer himself shared his experience of not hearing from the agency for three months and after being employed, it took another two months for the offer letter, but it was worth going through the hurdles.

Image Source: Pexels|Photo by Mart Production
Image Source: Pexels|Photo by Mart Production

Reacting to the post on the benefits of a government job, @user3743641245657 commented, "FT gov worker here. Hate the politics and glacial pace of change, but benefits, security, PTO, pay, and union rep are golden handcuffs." Another user @Rosanny Cuello Ventu mentioned how much she is making and commented, "This! I work in NYC education and can retire at 55 with 60% of the income from my highest three years. I’m 38 making over 100k. Never leaving this job!"

Image Source: TikTok|@thatssoobrandon
Image Source: TikTok|@thatssoobrandon

One user @nina commented, "I made fun of my HS friends for getting a gov. internship & then getting hired after graduation. Jokes on me, they are going to retire at 45-50." Some of the users were in favor of the public sector jobs where @user9401483265433 commented: "When someone says the pay isn’t the best for us in public sector, I don’t get what they mean? Where else am I gonna make 100k without a degree lmao????"

Image Source: TikTok|@thatssoobrandon
Image Source: TikTok|@thatssoobrandon
MORE ON MARKET REALIST
Vance has had varied opinions about the technology in the last year, some good and some bad.
10 hours ago
The studio audience loved the segment as they cheered the two on whole-heartedly.
10 hours ago
While Warsh compared the current situation with the internet boom, economists differ on the opinion.
10 hours ago
He suggested some changes to be made to the 401(k) scheme to help Americans save more.
13 hours ago
The retailer reverted to a traditional method of doing retail business, which many have hailed.
14 hours ago
Costco's notice comes several days after the gift card provider filed for bankruptcy.
15 hours ago
Industries that are susceptible to automation include manufacturing, lodging, catering, retail, wholesale, and extraction.
16 hours ago
The man in question even went on national television to criticize exactly what he ended up doing.
1 day ago
The country had added 130,000 jobs in January and inflation remained at 2.5%.
1 day ago
Harvey says chitlins are the reason he can “never get COVID.”
1 day ago
The administration has been urged to roll back their policies and lower costs for tourists.
1 day ago
The product might contain a toxin that is produced by mold in fruits, especially apples.
1 day ago
US energy policy under Trump intends to lift drilling restrictions and deregulate to lower equilibrium oil prices.
1 day ago
The product was produced on January 14 and distributed to a number of states.
1 day ago
While the hefty tax refunds can boost consumer spending, the demand may also drive up inflation.
1 day ago
The government site further stated that the recall concerns MK04 air purifiers, with serial numbers beginning with "BN."
1 day ago
Goldman Sachs CEO David Solomon also spoke about how the IPO activity in the US is now gaining momentum.
2 days ago
Last year, Hyatt Hotels Corporation decided to pause the complimentary breakfast at about 40 locations.
2 days ago
Many companies in the U.S. are now using enterprise AI systems that learn how an employee works.
2 days ago
Some Americans may see smaller refunds this year compared to the past few years.
2 days ago