How Millennials and Gen Z across Southeast Asia differ in their ambitions and concerns

Millennials (also known as Generation Y) and Generation Z are expressing uneasiness and pessimism about their careers, their lives in general, and the world around them.

A new report titled The Deloitte Global Millennial Survey 2019 assessed the mood of respondents of both generations across five parameters (relating to the next 12 months): economy, social/political, personal, environment, and business.

Composite scores were calculated on a scale ranging from zero (absolute pessimism) to 100 (complete optimism) - where Millennials posted a score of 39; Gen Zs scored 40. Doubts about economic and social/political situations proved to hamper the index scores the most.

Meanwhile, just over half (55%) of both groups believe business is having a positive impact on society, while fewer than 30% believe efforts to protect the planet’s health will not be effective. In both groups, men were more optimistic than women overall.

Among the country breakdown, Gen Z was the most optimistic in the Asian giants of China (66) and India (61), while European markets Italy (32), Germany (31), and France (27) has the least optimistic respondents.

All images / Deloitte