Difference Between Baby Boomers And Millennials

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Every person belongs to a generation: you associate yourselves with a particular set of people usually based on age such as “Baby Boomers” from 1946 to 1964, “Generation X” from 1965 to 1979, and “Millennials” from 1980 to 2000, (Smola, 364). Parents’ generations differ from their children, and sometimes within their significant other. My parents, separated by two years, are both considered “Baby Boomers”, and my sister and I, also separated by two years are both considered “Millennials”. “Generation X” separates our generations, and as you can assume there are many differences between the two: “Baby Boomers” experienced the immense development of the economy and education (Kupperschmidt, 4).
There is a significant difference between the …show more content…

A study conducted by Statistics Canada in 2011, in article, “Generation Y stays at home; 'much better off'; Delaying marriage and kids, StatsCan says” evaluated the percentage of “Baby Boomers” who lived at home during their twenties, and the “Millennials” who currently still live at home in their twenties, while employed. The studies showed that 51 percent of Millennials still live with their parents, and twenty-eight percent of “Baby Boomers” continued to live at home during the age period, (Abma, n.pag). The deputy chief economist of CIBC World Markets, Benjamin Tal, concluded that these results reflect the economic mind-set of the two generations, stating that “Millennials” continue to live at home to save money and are “more financially savvy” (qtd. Abma, n.pag). This coincides with the notion that “Baby Boomers” prefer to “spend rather than save” (Kupperschmidt, 4), because many move out of the household early.
Every generation is different from each other: there are both negative and positive characteristics of every generation, and it appears that mostly the negative aspects are associated with “Millennials”. However, our generation has learned from the mistakes of our parents and grandparents generations and has improved the community that the latest three generations live in—“Baby Boomers”, “Generation X” and “Millennials”, an most if not all of our actions and decisions reflect …show more content…

"Generation Y Stays at Home; 'much Better Off'; Delaying Marriage and Kids, StatdCan Says." The Gazette [Montreal] 13 July 2011, Final Edition ed.: A12. LexisNexis Academic. Web. 27 Mar. 2012. <http://www.lexisnexis.com/lnacui2api/api/version1/getDocCui?oc=00240&hl=t&hns=t&hnsd=f&perma=true&lni=539G-DDH1-DY2T-C1XR&hv=t&csi=8355&hgn=t&secondRedirectIndicator=true>.
Fynes-Clinton, Jane. "The Kids of Gen Y Really Are All Right." The Courier Mail [Australia] 15 Mar. 2012: 36. LexisNexis® Academic & Library Solutions. Web. 27 Mar. 2012. <http://www.lexisnexis.com/lnacui2api/api/version1/getDocCui?oc=00240&hl=t&hns=t&hnsd=f&perma=true&lni=555S-2NJ1-JD3N-5240&hv=t&csi=244788&hgn=t&secondRedirectIndicator=true>.
Kupperschmidt, Betty R. "Multigeneration Employees: Strategies for Effective Management." Health Care Manager 19 (2000): 65-79. OvidSP. Web. 28 Mar. 2012. <http://ovidsp.tx.ovid.com.proxy.library.emory.edu/sp-3.5.1a/ovidweb.cgi?WebLinkFrameset=1&S=FNLJFPELNPDDMIOBNCALFHGCIGLBAA00&returnUrl=ovidweb.cgi%3fMain%2bSearch%2bPage%3d1%26S%3dFNLJFPELNPDDMIOBNCALFHGCIGLBAA00&directlink=http%3a%2f%2fgraphics.tx.ovid.com%2fovftpdfs%2fFPDDNCGCFHOBNP00%2ffs046%2fovft%2flive%2fgv023%2f00126450%2f00126450-200019010-00011.pdf&filename=Multigeneration+Employees%3a+Strategies+for+Effective+Management.&link_from=S.sh.15.16.19.26%7c11&pdf_key=FPDDNCGCFHOBNP00&pdf_index=/fs046/ovft/live/gv023/00126450/00126450-200019010-00011&link_set=S.sh.15.16.19.26|11|sl_10|tocsiblings|S.sh.15.16.19.26.30|0>.

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