7. We asked Millennials about their fears related to their work life. On the whole, Millennials fear they will get stuck with no development opportunities (40 percent), that they will not realize their career goals (32 percent) and that they won't find a job that matches their personality (32 percent).
Millennials are passionate about issues such as sustainability, social justice, and economic equality. They are also passionate about technology and staying up to date with the latest trends, as well as being actively involved in their communities and finding ways to give back.
The constant lack of emotional connection is a significant reason why millennials are afraid of commitment. The majority of them likely choose relationships for convenience. It saves money, lets them move out of their parent's house, and well, you always have someone for your physical desires and pleasures too.
Whether it's financial debt, consumption of social media, always connected work environments or heavier workloads with fewer resources, there are many different factors that may cause higher levels of stress, anxiety and depression in millennials compared to past generations.
Depression and "deaths of despair" are on the rise among millennials, many of whom suffer from loneliness, money stress, and burnout in the workplace. But millennials are changing the way people look at mental health by being more open about their issues and destigmatizing therapy.
According to All About Cats, agoraphobia is Australia and the world's most common phobia, with 61.67 per cent of people identifying it as. Agoraphobia is a social phobia commonly understood as the fear of public spaces and crowds.
Generation Z (Gen Z) is currently between 10 and 25 years old, born between 1997 and 2012, and research suggests that they are the most anxious generation to date.
So it's no surprise recent studies have declared millennials, especially women, the most anxious generation in history.
1. Missing milestones. "The biggest thing I notice in millennial clients is pressure to hit milestones and a feeling of failure if they haven't," says psychologist Aimee Daramus, PsyD. "A lot of millennial clients are 'behind' where their parents were because in a lot of places, the economy is more challenging."
Millennials as a whole also demonstrate more optimism about the future than the other generations. They are more passionate than the older generations, with 27.2% falling into the Passionate group compared to 14.2% of Baby Boomers and 18% of Generation X. They're bested only by Gen Z (31.6%).
Millennials are often portrayed as having different career aspirations and goals from older generations. This stereotype stems from the fact that millennials change jobs more frequently and tend to have a shorter tenure with an employer.
Millennials aren't lazy; in fact, most of them are incredibly driven. They want to learn, advance, and progress. And it's important to provide them a path to do so at your company. As Fontana explains, "Giving employees room to grow and progress at your business is a huge motivator.
Happn also found that the number one quality Gen Z and millennials want in a partner is the ability to be caring; 40% of people said this is important to them. Nearly as many (39%) cited kindness, while more than one in three (35%) said they place a premium on someone's sense of humour.
Why do millennials value experiences over things? Because it makes them happy. And they aren't wrong—studies have found that spending money on experiences brings more lasting joy than spending money on things. Experiences are also more shareable, which is important to younger generations.
Gen Z has been called the 'most depressed generation' with the least positive outlook and diminished emotional and social well-being. They have more unmet social needs than any other generation. The statistics for their behavioural-health issues – mental and substance disorders – are alarming.
In fact, the American Psychological Association reports that 12% of millennials have been diagnosed with an anxiety disorder, which is more than double the percentage of boomers diagnosed.
The main reasons Gen Zers and millennials are considering switching jobs haven't changed, with higher compensation, improved work-life balance, opportunities for career growth and flexible work arrangements all ranking as top priorities, per LinkedIn's research.
(Note: There are five core fears, or “universal themes of loss,” that capture the basic interpretations of danger that we all make. They are 1) fear of abandonment, 2) loss of identity, 3) loss of meaning, 4) loss of purpose and 5) fear of death, including the fear of sickness and pain.)
1. Arachnophobia – The fear of spiders. Nearly 30.5% of Arachnophobia sufferers (the excessive fear of spiders or other arachnids like scorpions) are living in the United States alone. It is one of the most common animal phobias around the world.
1. Acrophobia. Acrophobia is the fear of heights and it affects more than 6% of people.
Another major factor in why younger people are more lonely is that they're more likely to have recently moved. While technology makes it easier to stay connected, we still tend to have a proximity bias when it comes to making friends. As social creatures, we like to gather face-to-face and have impromptu hangouts.
Three in 10 young people often or always feel lonely
But that all means roughly three in 10 young people say rate their loneliness from seven to 10, feeling lonely often or always. Millennials are slightly more likely than Gen Z to say they often or always feel lonely.
Regarding the stats, it's clear that Gen Z is struggling. A 2022 survey of Gen Z young adults (ages 19 through 24) found that 42% are diagnosed with a mental health condition. Of these people, 26% were diagnosed during the COVID-19 pandemic, which worsened mental health for many people of all ages.