Millennials become largest generation in the United States

Insight

Every generation has a name: from Baby Boomers to Generation X, experts group people together based on their years of birth.

And those had born between 1981 and 1997 called “Millennials.” They’ve now become the largest generation in the United States.

That is having a profound effect on the economy, family life and the political makeup of the U.S. and across the globe.

CCTV America’s Nathan King reports.

Aged 18 to 35 millennials are everywhere, according to data from the U.S. census bureau, millennials now number 75 million, slightly more than the generation born after World War II, known as the baby boomers, and nearly ten million more than the generation after them known as Generation X.

Millennials become largest generation in the United States

Breaking down the numbers, the future is the brightest for female millennials who are increasingly better educated than their male counterparts and climbing the career ladder at a faster pace.

Getting married and having children later, focusing on career before family and emphasis on personal life as well as work is having, some say, a profound effect on global society but perhaps the biggest impact of the millennials life choices will be on their children who could be a smaller and much younger group from their rapidly aging parents.


Derrick Feldmann on impact of millennials on economy and society

There are some common stereotypes about millennials. They’re lazy and live in their parents’ basement, but how true is that?

CCTV America’s Mike Walter spoke to Derrick Feldmann, president of the Millennial Impact Project.
Follow Mike Walter on Twitter @mikewaltercctv