Generation with a strong sense of community both local and global.

Some further demographic, cultural, political and economical characteristics about the millennials according to Goldman & Sachs (taking the 1982-2000 cutoff years) are: •             They are the first digital natives. However, only 28.8 million people voted in 1950, compared to about 33.6 million in 2016.

Adjusted for inflation, it was CAN$210,000 in 1976.

[32] Larry Nelson noted that "In prior generations, you get married and you start a career and you do that immediately. [339], In the U.S., millennials are the least likely to be religious when compared to older generations. Some mainstream parties, especially the social democrats, moved to the left in order to accommodate these voters. Only 7% and 18% deemed themselves very conservative or conservative, respectively, and 10% and 6% believed they were liberal or very liberal, respectively.

Meanwhile, grade inflation is a real phenomenon in the humanities, giving students an attractive alternative if their STEM ambitions prove too difficult to achieve. But its economy has been floundering since the Great Recession of 2007–08, with the youth unemployment rate at a staggering 35% in 2019.

[25] Alternative names for this group proposed include the Net Generation,[26] Generation 9/11,[27] Generation Next,[28] and The Burnout Generation. And the United States offers the most opportunity for growth due to the sheer size of its economy and the quality of higher education and training. [250], Because jobs (that suited what one studied) were so difficult to find in the few years following the Great Recession, the value of getting a liberal arts degree and studying the humanities at an American university came into question, their ability to develop a well-rounded and broad-minded individual notwithstanding. But as countries transitioned from having industrial economies to a post-industrial and globalized world, and as the twentieth century became the twenty-first, topics of political discourse changed to other questions and polarization due to competing values intensified. [343] A 2010 Pew Research Center study on millennials shows that of those between 18 and 29 years old, only 3% of these emerging adults self-identified as "atheists" and only 4% self-identified as "agnostics".

Women aged 18 to 34 had sex less often as well. So depending on your source, the Millennial generation either spans 16 or 18 years. [118] In the early 2000s, Russia had not only a falling birth rate but also a declining population despite having an improving economy.

If the Millennial picture in your head features a girl in yoga pants moving into a college dorm, you might want to adjust your mentality. )[336], In virtually all Western countries, the proportions of religious people began declining when the first wave of the Baby Boomers entered adulthood in the 1960s and has declined ever since. This trend was observed in more than 50 of the largest 100 American metropolitan areas.

Among married Millennials with a bachelor’s degree or more education, 75% are married to another college graduate.

", "One in Two New College Graduates is Jobless or Unemployed", "American Dream Fades for Generation Y Professionals.

(Correlation does not mean causation. “Some college” includes those with an associate degree and those who attended college but did not obtain a degree. According to Karen Harris, managing director at Bain Macro Trends, at the current rate of growth, exurbs will have more people than cities for the first time in 2025. "We're not talking about two generations ago, people were just completely selfless, and in this generation we're trying to kill each other to watch the next season of something on Netflix," Joshua Grubbs, a doctoral candidate at Case Western Reserve University in Ohio.

[204] Nevertheless, these developments ease fears of an upcoming recession.

In the 2008–09 academic year, virtually all Swedish students take advantage of state-sponsored financial aid packages from a govern agency known as the Centrala Studiestödsnämnden (CSN), which include low-interest loans with long repayment schedules (25 years or until the student turns 60). For Millennials (aka Gen Y) in particular, we use the birth years 1977 to 1995 for North America. Other positives adjectives to describe them include confident, self-expressive, liberal, upbeat and receptive to new ideas and ways of living.

[208], Despite the fact that educators and political leaders, such as President Barack Obama, have been trying to years to improve the quality of STEM education in the United States, and that various polls have demonstrated that more students are interested in these subjects, graduating with a STEM degree is a different kettle of fish altogether.

[300], According to a 2019 CBS News poll on 2,143 U.S. residents, 72% of Americans 18 to 44 years of age—Generations X, Y (Millennials), and Z—believed that it is a matter of personal responsibility to tackle climate change while 61% of older Americans did the same. In order to determine a country or territory's economic competitiveness, the WEF considers factors such as the trustworthiness of public institutions, the quality of infrastructure, macro-economic stability, the quality of healthcare, business dynamism, labor market efficiency, and innovation capacity. No longer were promises of educating "citizens of the world" or estimates of economic impact coming from abstruse calculations sufficient.

[258] Over 95% of American millennials were unaware that a portion of the Holocaust occurred in the Baltic states, which lost over 90% of their pre-war Jewish population, and 49% were not able to name a single Nazi concentration camp or ghetto in German-occupied Europe. That means the youngest Millennials are between 20 and 24, and the oldest are coming up on 40.



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