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Millennials, also known as Generation Y or Gen Y, are the demographic cohort following Generation X and preceding Generation Z. 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.
Authors William Strauss and Neil Howe, who created the Strauss–Howe generational theory, coined the term 'millennial' in 1987. [15] [16] because the oldest members of this demographic cohort came of age at around the turn of the third millennium A.D. [17] They wrote about the cohort in their books Generations: The History of America's Future, 1584 to 2069 (1991) [18] and Millennials Rising ...
As this generation constitutes 72.7 million Americans as of 2023, millennials (those born between 1981 and 1996) are the largest generation in the workforce. ... 37.7% of millennials point to a ...
Millennials, also known as Generation Y, are the demographic cohort following Generation X and preceding Generation Z. The generation is typically defined as people born between 1981 and 1996. [ 1 ] [ 2 ] Millennials are reshaping political discourse, showing evolving attitudes towards governance, social issues, and economic policies.
Gen Beta will be the seventh generation since generations started being named in 1901, with the Greatest Generation. ... Millennials or Generation Y: b. 1981-1996.
Millennials have surpassed baby boomers as the largest generation in the United States, so it's vital for retailers to understand the average millennial spending habits of someone born between 1981...
The median price of a home purchased by millennials in 2019 was $256,500, compared to $160,600 for Generation Z. Broadly speaking, the two demographic cohorts are migrating in opposite directions, with the millennials moving North and Generation Z going South. [99] Average home sizes was declining between the early- and late-2010s.
Despite the acres of news pages dedicated to the narrative that millennials refuse to grow up, there are twice as many young people like Tyrone—living on their own and earning less than $30,000 per year—as there are millennials living with their parents. The crisis of our generation cannot be separated from the crisis of affordable housing.