Generation In The Millennial Generation

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Blame is a constant driving force for each new younger generation. This paper is studying specifically the correlation of market trends and attitudes between each generation and how it relates to the dissatisfaction of millennials today.This is not a new revelation as even Socrates has remarked “ The children now love luxury; they have bad manners, contempt for authority; they show disrespect for elders and love chatter in place of exercise. “ .Providing different shifts to provide context and attitudes as to why these shifts happen to provide information as to how the market trends change. Its significance is that the reader will gain more understanding of how we perceive each generation and the new technology that changes the dynamics and…show more content…
The stereotypes in which that the millennial generation is that they want the most benefits while working less, thus “egotistic”, “narcissistic”, and “lazy “ are all popular terms to describe this generation. The economy is not as stable as it has been and it has been rough for the millennials since they are just starting the process of starting jobs, getting into college, purchasing homes. With the influx of technology and more trained people. The younger generation has a harder time competing against the adults who have been in the game longer due to them having more experience. Since technology has increased exponentially, health has increased and people have been living longer. In the article “Failure to launch: Structural Shift and the New Lost Generation.” it mentions that Data shows that the millennial generation is transitioning in stages later in life (15). Due to the increased medical technology, lifespans has drastically improved and therefore less and fewer baby boomers are leaving the job market to go into retirement 15). With those factors, more and more are going to college to be able to achieve a better income and achieve the same life goals at a later date. Those who do not have a college degree suffer way worse financially in comparison to the baby boomers who did not have a college degree at the time. Thus, contributing to the student loan debts which adds up. “The Rising Cost of Not Going to College” notes with the rising amount of college graduates, the cost of a high school degree gets devalued.(8) Millennial High school graduates are more likely to end up in the poverty level compared to other generations and the unemployment rate is higher among Millennials compared to any other generation, such as the silent generation, baby boomers, and generation x. (9)

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