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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 ...
Strauss and Howe ascribe seven basic traits to the millennial cohort: special, sheltered, confident, team-oriented, conventional, pressured, and achieving. However, Arthur E. Levine, author of When Hope and Fear Collide: A Portrait of Today's College Student, dismissed these generational images as "stereotypes". [96]
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 have had a number of economic factors working against them over the years. During the Great Recession (2007-2009), many millennials were in their 20s, facing high unemployment, stalled ...
They’ve also been dubbed the “Polars” by the psychology professor Jean Twenge, author of “Generations: The Real Differences Between Gen Z, Millennials, Gen X, Boomers, and Silentsâ and ...
Plus, other real-life factors have contributed to the feelings of a midlife crisis. “Of course, sometimes life just happens, whether it’s a health issue, a breakup, a personal disaster. I’ve ...
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.
Previously, Bank of America strategists wrote that baby boomers won the housing market and millennials got screwed: Boomers benefited from a massive wealth transfer from the public to private ...