Millennial age range definition9/16/2023 ![]() Millennials have been blamed for killing off a wide array of products and industries––from casual dining chains, diamonds, and napkins to light yogurt and the housing market. ![]() Adding to this financial disadvantage is the fact that millennials also tend to have more debt, due in part to higher college tuition, but they’re also more likely to be college educated than previous generations. Many millennials started their careers after the Great Recession of 2008, which has impacted their earning potential, according to the Pew Research Center. Other notable differences include finances and wealth. Millennials were born and grew up during the advent of the internet and personal computers, encouraging a stereotype that they are more innately familiar with that technology than previous generations, namely baby boomers (born 1946–1964) and Generation X (born 1965–1980). How Are Millennials Different from Previous Generations? This age range, like other generational cohorts, is chosen for statistical analysis of certain trends rather than being a strict identifier. The millennial generation is defined as anyone born between 19, which means anyone between the ages of 24 and 39 in 2020. ![]() It’s important to view these generational characteristic in context and with the mindset of understanding how broader historical, economic, and social trends are affecting a particular group, rather than using that information to form inaccurate stereotypes. ![]() While each generation has positive and negative aspects, it’s important to remember that these generational characteristics are based on statistical trends rather than inherent traits. ![]()
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