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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]
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 ...
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 ...
According to Pew Research Center, millennials are more racially and ethnically diverse than previous American generations. When this generation was coming of age, the prevailing parenting idea was ...
The study, published in the American Journal of Sociology in September 2023, examined the work and family life trajectories of more than 6,000 boomers and 6,000 millennials in the U.S. It compared ...
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 ...