![]() ![]() Members of this demographic cohort are known as millennials because the oldest became adults around the turn of the millennium. Millennials across the world have suffered significant economic disruption since starting their working lives many faced high levels of youth unemployment during their early years in the labour market in the wake of the Great Recession, and suffered another recession in 2020 due to the COVID-19 pandemic. Between the 1990s and the 2010s, people from the developing world became increasingly well educated, a factor that boosted economic growth in these countries. The generation is generally marked by elevated usage of and familiarity with the Internet, mobile devices, and social media, which is why they are sometimes termed digital natives. Millennials have been described as the first global generation and the first generation that grew up in the Internet age. In the West, they are less likely to be religious than their predecessors, but they may identify as spiritual. In the developed world, young people of the 2010s were less inclined to have sexual intercourse compared to their predecessors when they were at the same age. Those in developing nations will continue to constitute the bulk of global population growth. Millennials were born at a time of declining fertility rates around the world, and are having fewer children than their predecessors. Īcross the globe, young people have postponed marriage. Most millennials are the children of baby boomers and older Generation X millennials are often the parents of Generation Alpha. Researchers and popular media use the early 1980s as starting birth years and the mid-1990s to early 2000s as ending birth years, with the generation typically being defined as people born from 1981 to 1996. That said, it'll be interesting to see what drives them into the seclusion of their parent's basements one day.Millennials, also known as Generation Y or Gen Y, are the demographic cohort following Generation X and preceding Generation Z. Those born in 1997 and beyond, many of whom are entering adulthood or are teenagers, are all still living in the afterglow of the millennial experience, but they'll likely have it a little easier. The long-term effects of this “slow start” for Millennials will be a factor in American society for decades." "As is well documented, many of Millennials’ life choices, future earnings and entrance to adulthood have been shaped by this recession in a way that may not be the case for their younger counterparts. ![]() As Pew writes, the Great Recession is the curse that keeps on cursin': Those who are old enough to remember the political consequences of September 11, 2001, the declaration of war in Iraq and Afghanistan, the onset and experience of shuffling for work during the Great Recession, along with copious other human tragedies, are indeed millennial to the core.Īnd yeah, the implications are grim and longlasting. Anyone born afterwards is living in the shadow of the preceding generation at least in name, as Pew is calling this cohort the "post-millennials."Īs any self-hating millennial is surely aware, the definitive generational experience has been punctuated by war, recession, debt, and maybe a national tragedy or two. According to the Pew Research Center, millennials were born between the years 19. But finally - finally - we've been gifted with an actual metric that defines the millennial age range, with some real, empirical evidence instead of the nebulous platitudes advanced by your Uncle Blowhard. Of course, these are all lies borne of a bizarre fascination with dragging millennials through the rhetorical dirt. They generally lack the self-sufficiency and "can do" attitude of their parents, who ironically prattle on about the virtues of bootstraps while collecting social security checks. It's always been hard to pin down what a millennial is, although certain stereotypes tend to bubble to the surface: Millennials spend too much money on avocado toast to buy homes, they swear constantly, and live in their parents basements while paying off calamitous student debt. Millennials are highly inscrutable, yet they are likely the most scrutinized generation in history.
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