Millennials are the generation of children born between the early 1980s and the mid-1990s. They're called millennials because the oldest members of this generation were reaching adulthood at the turn of the millennium.
The term millennial (also known as Generation Y) refers to anyone born between 1981 and 1996, and Gen Z refers to anyone born from 1997 through 2012, according to the Pew Research Center. Along the blurry edge at the cusp of the two generations, between Gen Y and Z, is where zillennials live.
While there is no scientific process for deciding when a name has stuck, the momentum is clearly behind Gen Z. The name Generation Z is a reference to the fact that it is the second generation after Generation X, continuing the alphabetical sequence from Generation Y (Millennials).
According to several kinds of research, Generation Z wants more independent work environments. Instead of being part of companies or big corporations, they want to create startups or businesses, which made them more entrepreneurial at an early age. Millennials grew up with limited internet access.
GENERATION Y OR THE MILLENNIALS: DIGITAL NATIVES
The revolution was shaped by the millennials or generation Y. Also known as digital natives, millennials are those born between 1982 and 1994 and technology is part of their everyday lives: all their activities are mediated by a screen.
The term "snowflake generation" was one of Collins English Dictionary's 2016 words of the year. Collins defines the term as "the young adults of the 2010s, viewed as being less resilient and more prone to taking offence than previous generations".
Generation X follows, and they were born between 1965 and 1980. Next comes Generation Y (more commonly known as Millennials), born between roughly 1981 and 1994. The youngest generation in today's workforce is Gen Z, who were born between 1995 and 2009.
Gen Zers are known for working, shopping, dating, and making friends online; in Asia, Gen Zers spend six or more hours per day on their phones. Digital natives often turn to the internet when looking for any kind of information, including news and reviews prior to making a purchase.
Initially, the group born after Generation X was coined Gen Y because it was the next letter progression in the current naming schema. In the late 1990s, authors William Strauss and Neil Howe coined the term “Millennials” to describe the generation coming of age at the beginning of the 21st century.
The term was coined by Mark McCrindle, founder of the Australian consultancy firm McCrindle Research, and he explains how it came about: "It conforms to the scientific nomenclature of using the Greek alphabet instead of the Latin alphabet and there was no point in going back to A, after all they are the first ...
Baby boomers are the generational cohort born after World War II. Also known simply as “boomers,” they are named after the unprecedented post-war spike in birth rates, referred to as the baby boom.
Recent News. Generation Z, also called Gen Z, zoomers, iGeneration, centennials, post-millennials, or Homelanders, term used to describe Americans born during the late 1990s and early 2000s.
Sociologist & BU professor Deborah Carr defines Zillennials as those born "roughly" between 1992 and 2002. Fullscreen, LLC defines the Millennial/Gen Z cusp group as those born from approximately 1993 to 1999 in their research.
“Generation Zennial,” or those born between 1995 and 2005, are considered a microgeneration that possesses some unique consumer habits and is therefore worth closer scrutiny.
Members of Generation X, or the MTV Generation, are now the parents, and they're more likely to be divorced and to work outside the home [source: Fleming]. According to some, this absenteeism compounds an issue already at work in Gen X's parenting style: overindulgence.
The Silent Generation, also known as "Radio Babies" or "Traditionalists," includes people who were born between 1928 and 1945 and lived through World War II and the Great Depression, according to FamilySearch . These challenging experiences shaped many of the generation's attitudes toward the workplace.
Xennials were graduating from college and entering the workforce as early as 1995. While the millennials were still in elementary school, xennials may have been finishing high school and moving away from home. Xennials have been a part of the world's workforce for the past 20 years.
And so it follows that Generation Beta will be born from 2025 to 2039. If the nomenclature sticks, then we will afterwards have Generation Gamma and Generation Delta, but we won't be getting there until the second half of the 21st Century so there is plenty of time to reflect on the labels!
According to Finder's Consumer Confidence Index, Gen Z saves an average of $857 per month, while millennials save $294. Gen Z also has an average of $10,062 in savings compared to $7,165 for millennials.
The Greatest Generation refers to those Americans born between 1900 and 1925, many of whom fought during World War II. These individuals grew up during WWI and lived through the Great Depression and are often the parents of the Baby Boomer generation.
As students, this generation is great at researching and finding information. They want to learn on their own terms and prefer bite-sized learning. Having grown up in the age of the internet, smart devices and social media, they're accustomed to searching topics of interest for school, DIY projects and other interests.
Gen Y: Gen Y, or Millennials, were born between 1981 and 1994/6. They are currently between 25 and 40 years old (72.1 million in the U.S.) Gen Y.1 = 25-29 years old (around 31 million people in the U.S.)
Generation Alpha is the generation following Generation Z and currently includes all children born in or after 2010—the same year the iPad was born. The majority of this demographic is under 13 years of age, but the oldest of them will become teens in 2023.