The MTV generation's unemployment problem: Is the 'Great Resignation' losing steam?

Generation X workers, born between 1964 and 1980, are experiencing a growing share of unemployment in the United States, representing a quarter of the unemployed population as of May. Despite a strong labor market and job growth, the prolonged unemployment faced by Gen Xers can have far-reaching effects on their retirement savings and future earnings. This economic anxiety among Gen Xers may impact Democrats' ability to sell the economy to voters, and the Federal Reserve's interest rate hikes could further stress the labor market. However, there are still more job openings than workers, and average wages have risen over the past year.