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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.
In Canada, the youth unemployment rate in July 2009 was 16%, the highest in 11 years. [31] Between 2014 and 2019, Canada's overall unemployment rate fell from about 7% to below 6%. [4] However, a 2018 survey by accounting and advisory firm BDO Canada found that 34% of millennials felt "overwhelmed" by their non-mortgage debt.
Millennials were born between 1981 and 1996, currently making them 28 to 43 years old. They got their name from the 1991 book, “Generations,” by historians Neil Howe and William Strauss, who ...
Pew Research described millennials as playing a significant role in the election of Barack Obama as President of the United States. Millennials were between 12 and 27 during the 2008 U.S. presidential election. [28] That year, the number of voters aged 18 to 29 who chose the Democratic candidate was 66%, a record since 1980.
The frivolous millennials spending their money on avocado toast, living at home with their parents, and “killing” industries along the way is a well-worn trope by now. Many members of the ...
Millennials tackle the housing market. Many find it unattainable . Owning a home has proven key to millennials’ unique comeback story as the authors note that “housing assets drove most of the ...
Australian and foreign born population pyramid in 2021. In 2019, 30% of the Australian resident population, or 7,529,570 people, were born overseas. [80] Australia's population has quadrupled since the end of World War I, [81] much of this increase from immigration.
The difference in new residential construction following the financial crisis versus the decade or so before is larger in the U.S. than in other major developed economies including Japan, the U.K ...