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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 ...
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 ...
Generations of people are known for various characteristics, whether they are true or not. One group that has the spotlight focused on them and their money habits are millennials, those people born...
U.S. adults between the ages of 25 and 44 are eyeing small towns. "It’s been so much easier to connect with strangers and meet all sorts of people," says one 28-year-old who made the move.
In the U.S., 60% of millennials say they would wave goodbye to the traditional American dream of hard work and big salaries, opting to exchange a chunk of their income for a slower-paced life.