Generation Z (10-24 years old) represent 18 per cent of Australia and 30 per cent of the Aboriginal and Torres Strait Islander population.
Generation Z: growing up in shifting times
There are currently 4.6 million Gen Zs in Australia, and with this generation the learners of today and the employees of tomorrow, understanding what has shaped them, as well as what motivates them, is critical.
The rise of Generation Z
Generation Z is the most recent to have been named, and many group members will not be able to remember a time before smartphones and social media. However, the group already makes up around 20.66 percent of the U.S. population, and they are said to be the.
According to McCrindle Research, they are the demographic cohort following the millennials and were born from 1995, with a cutoff in 2009. They are the largest generation ever, comprising around 20% of Australia's population and almost 30% of the world's population.
who are between the ages of 18 and 25, and even once the youngest members of Gen Z (just 10 years old in 2022) are factored in, there are only about 68 million members of this generation, according to the Census Bureau, compared with 73.4 million millennials.
Generation X is anyone born from 1965 to 1980. Baby boomers are anyone born from 1946 to 1964. Millennials are anyone born from 1981 to 1996. Generation Z is anyone born from 1997 to 2012.
What are the biggest generations in the US by population? According to data from the US Census Bureau, millennials (born 1981-1996) made up the largest population group in the US in 2022, followed by baby boomers (1946-1964), Gen Z (1997-2012), and Gen X (1965-1980), respectively.
New data released on Tuesday from the latest census shows that Australia's millennial generation is becoming the nation's largest, displacing the postwar baby boomers.
Gen Z and Millennials currently account for 36% of the total retail spend in Australia. Their share of retail spend will grow to 48% by 2030, as more of Gen Z (currently aged 9-24) enter the workforce. Spending by Millennials and Gen Z is now 5% and 7% below pre-COVID levels.
Generation Alpha (Gen Alpha for short) is the demographic cohort succeeding Generation Z. Researchers and popular media use the early 2010s as the starting birth years and the mid-2020s as the ending birth years.
Various think tanks and analytics companies also have set a 1997 start date. Although the U.S. Census does not identify Gen Z like it does the baby boomers, a U.S. Census publication in 2020 described Generation Z as the “young and mobile” population with oldest members of the cohort born "after 1996".
An overview of Millennial and Gen Z dating statistics
75% of Gen Z are single. 44% of millennials are married.
The research, conducted in June through December 2020, focused on Gen Z parents (20-24 years-old).
Gen Z's economic concerns stem from the fear of accruing debt, limited job opportunities and the difficulty of finding affordable housing. These concerns have been exacerbated by the financial insecurity many young people and their families have faced during the COVID-19 pandemic.
More than half of all Australians are first or second-generation migrants, figures from the census have shown. The results of the 2021 Census, released on Tuesday by the Australian Bureau of Statistics (ABS), showed 48.2 per cent of Australians have a parent born overseas, and 27.6 per cent were born outside Australia.
Generation Z (10-24 years old) represent 18 per cent of Australia and 30 per cent of the Aboriginal and Torres Strait Islander population.
Yes, that's right, millennials are the most generous generation – there are stats to prove it. Millennials are often given a bad rap for being lazy, job-hopping, entitled, and selfish, whether it's in the workplace or in general day-to-day life.
Baby boomers are collectively 10 times wealthier than millennials. Millennials are 24% behind Generation X in terms of wealth accumulated.
In 2021, the largest age group in Australia was 30 to 34 year olds.
But Gen Zers are different from older generations, because they are the first consumers to have grown up wholly in the digital era. They're tech-savvy and mobile-first—and they have high standards for how they spend their time online.
Seventy-three percent of Gen Z report feeling alone either sometimes or always—the highest level of any generation. The mental health challenges experienced by Gen Z are like nothing any other generation has faced.
Gen Z is also the smartest and best educated generation. Having an unlimited wealth of information at our disposal has not gone to waste. In America, 57 percent of Gen Z is reported to have enrolled in a two-year or four-year college, compared to 52 percent of Millenials and 43 percent of Gen X.