logo
Editorial: Paging Gen Z:  It's not a ‘micro-retirement.'  It's a vacation.

Editorial: Paging Gen Z: It's not a ‘micro-retirement.' It's a vacation.

Chicago Tribune11-07-2025
It's July, and many Midwesterners are flocking to the lake, driving south to go to the beach, or simply sticking around to enjoy the fleeting hot weather at their local pool.
Even Pope Leo XIV, arguably one of the busiest and most important people in the world, is taking a summer vacation. (True, his break includes six weeks off, something most of us can only dream of.)
That's why we were intrigued to see a new Gen Z term crop up.
A 'micro-retirement' refers to the growing trend of taking unpaid time off when younger workers haven't yet accrued sufficient paid vacation days. According to the Fast Company article that catapulted the trend to the national spotlight, this can take a few different forms. You might quit a job and re-enter the workforce only when you're ready, or you might arrange with your employer to take regular, unpaid breaks from work. If you're an entrepreneur, it might mean stepping away from your business periodically and letting others do the work.
It's so popular that 1 in 10 Americans are doing it, if you believe a recent study from Sidehustles.com, a gig and part-time job board.
Hustlers reading this may be perplexed, scratching their heads, unable to fathom how someone can be a successful entrepreneur while walking away and unplugging. People without sufficient savings or financial support likely aren't so comfy with quitting a job without knowing there might be another role waiting when they are ready to go back to work.
All of this is to say, the need for new branding is confusing to many of us. A vacation is temporary rest from work. Retirement is a permanent exit from it. Gen Z's 'micro-retirements' land somewhere in between — and that's part of the confusion.
Rather than roll our eyes, we ask: Why do Gen Zers feel the need to rebrand vacation? Are they uncomfortable taking time off? Are they even getting enough of it? Or is something deeper going on?
Younger generations are less likely to use their vacation time even when they have it. Research shows Gen Z and millennials take about one week less vacation each year than workers 55 and older. And instead of using vacation to recharge, many Gen Z workers are taking paid time off to care for loved ones.
This paints members of Gen Z in a more nuanced light than they're often given credit for. While older generations tend to see these younger Americans as the TikTok generation, it may be that technology and our country's increasing tendency to saddle younger generations with economic uncertainty may be taking its toll.
It's possible the micro-retirement trend is actually a cry for help.
For a long time, there's been a nagging sense among younger American generations that they won't be able to retire the same way their parents did, or will sometime soon. That's especially true for Gen Z. A 2024 report from the TIAA Institute and UTA's NextGen Practice found that many adults under 27 don't expect to retire in the traditional sense — echoing earlier data showing nearly half either don't want to retire, can't afford to or haven't thought about it.
In Illinois, many of today's retirees were able to quit working at age 55, living for decades on public pensions and making as much as they did during their career if they were, say, public school teachers. That will not be normal in 20 or 30 years when millennials and Gen Z are in their 50s. Still, both generations are saving for retirement, with Gen Z doing so at a surprising clip. Which leads us to believe they understand what 'retirement' means.
Please, let's preserve the discreet meanings of both terms: Vacations are a necessary and useful break that keep us invigorated, able to be in our careers for the long haul, and leave us happier and more productive. Retirement is the last big adventure, a respite and release before, well … you know.
We stand with Merriam-Webster, which had this to say about 'micro-retirement' on the social platform X:
''Vacations.' The word is 'vacations.''
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

From refrigerators to snacks to detergent, US households are looking for low-cost alternatives everywhere
From refrigerators to snacks to detergent, US households are looking for low-cost alternatives everywhere

Yahoo

time14 minutes ago

  • Yahoo

From refrigerators to snacks to detergent, US households are looking for low-cost alternatives everywhere

Americans looking to replace an appliance, restock their pantry, or refresh their household cleaning products all seem to be angling for the same thing right now — lower prices. Comments from companies ranging from Whirlpool (WHR) to Procter & Gamble (PG), as well as major snack brands like PepsiCo (PEP) and Coca-Cola (KO), have told investors this month that cautious consumers are also deal-seeking consumers. "We continue to see consumers choosing to mix into lower-end products," CEO Marc Bitzer of Whirlpool, the company behind KitchenAid mixers and Maytag kitchen appliances, told investors on the company's earnings call Tuesday morning. Bitzer said that "macroeconomic uncertainty marked by elevated interest rates and evolving trade policies negatively impacted consumer sentiment," leading to "suppressed demand" in its latest quarter. The company missed on both the top and bottom lines and cut its guidance in its latest quarterly results. Major domestic appliance sales in North America were down about 5% year over year and industry shipments were down roughly 1%. Whirlpool stock fell over 13% following the results. And this shift in consumer behavior is not only weighing on big-ticket purchases, but is also influencing buying behaviors for household cleaning essentials like laundry detergent. P&G CEO Jon Moeller told Yahoo Finance the company is seeing a "more cautious consumer in many parts of the world." "We are seeing modest trade-down within our branded portfolio ... different Tide offerings, there are some that are more premium than others, and we are seeing some trade down there," Moeller said. "We're also seeing some trade-down to brands ... like Gain." P&G also announced plans to cut 7,000 jobs by the end of fiscal 2027. Moeller said the restructure would allow the company to reinvest in the business and innovation to draw in consumers. Kelly Pedersen, PwC's global retail leader, said consumers are "super price conscious" and "really looking for any deal that they can get right now." Data from the Conference Board published Tuesday showed consumer confidence remains depressed from a year ago, with confidence in the labor market and fears over inflation weighing on the outlook. "Consumers' write-in responses showed that tariffs remained top of mind and were mostly associated with concerns that they would lead to higher prices," said Stephanie Guichard, senior economist at the Conference Board. "In addition, references to high prices and inflation rose in July." Read more: What is consumer confidence, and why does it matter? This week's comments from Whirlpool and P&G follow similar notes from food and beverage giants Coca-Cola (KO) and PepsiCo (PEP), which reported their quarterly results earlier this month. Coca-Cola CFO John Murphy told Yahoo Finance last week, "Part of what we continue to be very focused on is to offer even more affordable options," as low-income consumers remain under pressure. PepsiCo CEO Ramon Laguarta told investors on the company's earnings call that it is "trying to make granular investments in value, [to] make sure that consumers stay within our brands." He added, "Better entry points, better value every day, and that has been successful." Brooke DiPalma is a senior reporter for Yahoo Finance. Follow her on X at @BrookeDiPalma or email her at bdipalma@ Click here for all of the latest retail stock news and events to better inform your investing strategy

Dolores Huerta Has Seen Farm Raids Before. But Not Like This.
Dolores Huerta Has Seen Farm Raids Before. But Not Like This.

Politico

time2 hours ago

  • Politico

Dolores Huerta Has Seen Farm Raids Before. But Not Like This.

Well, right now, we're trying to stop a detention center here in California City, which is up here in the Mojave Desert. They are offering the people to work in that center $50 an hour. In California, our minimum wage is $16. That's what a lot of workers get. Let's offer farmworkers $50 an hour, the same kind of a salary that you offer the prison guards, and you'll get a lot of American workers. We have very high unemployment in the Central Valley. We have the prison industrial complex, where a lot of our young people are going to prison. So many of these young people don't have to go to prison if they were paid adequately. I'm sure a lot of them would go and do the farm work, especially if they had good wages to do it. And we still have a lot of young people here in the valley that go out during the summers and they do farm work to help their families. I'm sure a lot of people that we now see that are homeless on the streets and that are able to work would go to work if they were paid $50 an hour. So it's just a matter of improving wages? And training, too. Because farm work is hard work. I mean, you've got to be in good physical shape to be able to do farm work. Why are undocumented workers such a large part of the agricultural workforce? Is it just that these are low-paying, hard jobs that Americans don't want to do, or is there more going on? Well, like I said earlier, the growers have denigrated the work so much that people don't realize that this work is dignified. Farm workers are proud of the work that they do. They don't feel that somehow they're a lower class of people because they do farm work. They have pride in their work. If you were to go out there with farm workers, you would be surprised to see that they have dignity, and they care about the work. They care about the plants. When we started the farm workers union way back in the late '50s and early '60s, you would be surprised how many American citizens were out there. Veterans were out there. The Grapes of Wrath was filmed here. All of those workers in that camp were white. It was the 'Okies' and 'Arkies,' the people that came from Oklahoma and Arkansas and those places to work in the fields. They were all white workers. There were some Latino workers, and then over the years, you had the Chinese, you had the Japanese, and different waves of immigrants that came in to do farm work.

A Broadcast Meteorologist's Top Tips for Preparing for the Next Natural Disaster
A Broadcast Meteorologist's Top Tips for Preparing for the Next Natural Disaster

Epoch Times

time2 hours ago

  • Epoch Times

A Broadcast Meteorologist's Top Tips for Preparing for the Next Natural Disaster

Americans across the country have already faced a slew of natural disasters this year, from the devastating wildfires that burned across parts of Southern California in January to the deadly flooding that swept through Central Texas in July. The spate of natural catastrophes in the first half of 2025 alone caused approximately $131 billion in overall economic losses, according to a July 29 report from the insurance company Munich Re.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store