Millennials might’ve been promised a more stable future and workplace than will exist for them.

Gen Xers and Baby Boomers likely remember a time when a one-company tenure was the norm. Gen Z workers shudder at the thought of that. Older generations also know what it’s like to buy a house for a fraction of its current market value, while many younger professionals probably don’t put home ownership on their vision boards anymore. So, where does that leave millennials? Perhaps, stuck somewhere between the promise of what their parents had and the reality that their kids are born into.

This pressure could be causing higher rates of burnout, as 66% of millennials say they feel “moderate” or “high” levels of burnout compared to 60% of Gen Xers, 56% of Gen Zers, and 39% of Baby Boomers, according to a recent Aflac report.

Millennials are going through “a perfect storm of professional and personal stress,” said Leah Phifer Buck, an employee engagement consultant and founder of consulting firm WhyWork. These employees, those roughly between 29 and 44 years old, are commonly slammed with caregiving responsibilities for kids and/or aging parents while navigating the growing demands of their careers, Buck told HR Brew, which can exacerbate stress and increase their likelihood of burnout.

What gives? Millennials might be asking themselves the same question. This generation has gone through multiple economic recessions before even reaching a mid-life crisis. From the dot-com bubble bust in 2001, the Great Recession in 2008, the Covid-19 pandemic, and now the current administration’s foreign tariff policies, millennials could be wrapped into yet another chilling economic downturn.

“We might never achieve the level of economic stability that the Baby Boomer generation, our parents, did, but I think that a lot of millennials are starting to reconcile with that,” Buck said. “As they make peace with the economic reality that they face, they’re starting to lean into, ‘How can I still do what I love? How can I still do things that light me up and find joy in my job?’”

Matthew Owenby, chief strategy officer and corporate services executive at Aflac, agrees that millennials have gone through many unstable times, and it could have taken away the workplace they had hoped to be working in. But he told HR Brew that another big contributor to their higher rates of burnout is the lack of work-life balance exhibited by many company executives.

“Leaders need to be aware that they’re controlling the pace of the work for their workforce,” he said. “A lot of this burnout [and] a lot of the experience that employees are having, millennial and otherwise, are directly related to leadership or the lack thereof.”

What’s there to do? As a millennial herself, Buck said there’s a desire among her generation to “improve the system,” which increases pressure to do better and be better workers, leaders, parents, etc. Sometimes millennials “beat our heads against a wall,” she said, trying to help everyone else so much that they’ve burned themselves out. She suggests a solution lies somewhere between companies making structural changes and employees taking on responsibility.

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