Jason Gewirtz is the vice president of news for CNBC.
The youngest generation of American workers is prepared to move away from states that pass abortion bans and to turn down job offers in states where bans are already in place, a new survey from CNBC/Generation Lab finds. The “Youth & Money in the USA” survey of 1,033 people between the ages of 18 and 34 found that almost two-thirds of respondents, 62%, would “probably not” or “definitely not” live in a state that banned abortion.
“A lot of young people are trying to buy a home, but there are serious challenges right now,” said Delano Saporu, CEO of New Street Advisors Group, a wealth management firm focused on younger investors. Saporu described his clients as largely middle income with a steady job and salary. “Rates are putting extra pressure on client budgets and limiting their potential to buy now,” he said. “Many are waiting and hoping future Fed cuts will bring mortgage rates down.
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