United States’ $39 trillion national debt will mean fewer jobs at lower wages for Gen Z, according to think tank
- Posted on July 14, 2026
- By Fortune
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- 1 min read
In brief
Research from the Peterson Foundation reveals how America's mounting $39 trillion debt could reshape economic opportunities for Generation Z. The analysis indicates that escalating national debt will constrain job creation and compress wage growth, creating significant headwinds for younger workers entering the labor market. This fiscal trajectory threatens long-term economic mobility and financial security for millions of young Americans navigating an increasingly challenging employment landscape.
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United States’ $39 trillion national debt will mean fewer jobs at lower wages for Gen Z, according to think tank
"The growing national debt will both shrink the labor market and drive down wages, contributing to an uncertain economic future for millions of younger Americans," wrote the Peterson Foundation.
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