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[220] [221] 7 million Razor scooters were sold in America alone during 2000-2001 [222] Millennials in the U.S. were initially not keen on getting a driver's license or owning a vehicle thanks to new licensing laws and the state of the economy when they came of age, but the oldest among them have already begun buying cars in great numbers.
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 ...
The Pew Research Center recently analyzed US Census Bureau population estimates of America's population as of July 1, 2015.
The least common cause of living paycheck to paycheck in the survey was an unstable employment situation, with only 10.7% of millennials citing it as the reason for their financial struggles.
In this way, the “geriatric millennial” microgeneration is a bit more like Gen X “because they sort of have the wind at their back and had more of a foothold than the segment of millennials ...
Millennials crave success, and good-paying jobs have been proven to make them feel more successful. [19] Because group projects and presentations were commonplace during the schooling of millennials, this generation enjoys collaborating and even developing close friendships with colleagues.
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.
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...