VA Millennium The Next Generation Vol 7 2010 NEW!
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To be sure, Millennials remain the most likely of any generation to self-identify as liberals; they are less supportive than their elders of an assertive national security policy and more supportive of a progressive domestic social agenda. They are still more likely than any other age group to identify as Democrats. Yet by early 2010, their support for Obama and the Democrats had receded, as evidenced both by survey data and by their low level of participation in recent off-year and special elections. (See chapter 8 in the full report)
Millennials have been described as the first global generation and the first generation that grew up in the Internet age.[13] The generation is generally marked by elevated usage of and familiarity with the Internet, mobile devices, and social media,[14] which is why they are sometimes termed digital natives.[15] Between the 1990s and the 2010s, people from the developing world became increasingly well educated, a factor that boosted economic growth in these countries.[16] Millennials across the world have suffered significant economic disruption since starting their working lives; many faced high levels of youth unemployment during their early years in the labour market in the wake of the Great Recession, and suffered another recession in 2020 due to the COVID-19 pandemic.[17][18]
By the late 2010s, viewership of late-night American television among adults aged 18 to 49, the most important demographic group for advertisers, has fallen substantially despite an abundance of materials. This is due in part to the availability and popularity of streaming services. However, when delayed viewing within three days is taken into account, the top shows all saw their viewership numbers boosted. This development undermines the current business model of the television entertainment industry. "If the sky isn't exactly falling on the broadcast TV advertising model, it certainly seems to be a lot closer to the ground than it once was," wrote reporter Anthony Crupi for Ad Age.[95] Despite having the reputation for "killing" many things of value to the older generations, millennials and Generation Z are nostalgically preserving Polaroid cameras, vinyl records, needlepoint, and home gardening, to name just some.[96] In fact, Millennials are a key cohort behind the vinyl revival.[97] However, due to the COVID-19 pandemic in the early 2020s, certain items whose futures were in doubt due to a general lack of interest by millennials appear to be reviving with stronger sales than in previous years, such as canned food.[98]
By analyzing data from the U.S. Census Bureau, the Pew Research Center estimated that millennials, whom they define as people born between 1981 and 1996, outnumbered baby boomers, born from 1946 to 1964, for the first time in 2019. That year, there were 72.1 million millennials compared to 71.6 million baby boomers, who had previously been the largest living adult generation in the country. Data from the National Center for Health Statistics shows that about 62 million millennials were born in the United States, compared to 55 million members of Generation X, 76 million baby boomers, and 47 million from the Silent Generation. Between 1981 and 1996, an average of 3.9 million millennial babies were born each year, compared to 3.4 million average Generation X births per year between 1965 and 1980. But millennials continue to grow in numbers as a result of immigration and naturalization. In fact, millennials form the largest group of immigrants to the United States in the 2010s. Pew projected that the millennial generation would reach around 74.9 million in 2033, after which mortality would outweigh immigration.[154] Yet 2020 would be the first time millennials (who are between the ages of 24 and 39) find their share of the electorate shrink as the leading wave of Generation Z (aged 18 to 23) became eligible to vote. In other words, their electoral power peaked in 2016. In absolute terms, however, the number of foreign-born millennials continues to increase as they become naturalized citizens. In fact, 10% of American voters were born outside the country by the 2020 election, up from 6% in 2000. The fact that people from different racial or age groups vote differently means that this demographic change will influence the future of the American political landscape. While younger voters hold significantly different views from their elders, they are considerably less likely to vote. Non-whites tend to favor candidates from the Democratic Party while whites by and large prefer the Republican Party.[155]
In fact, millennials have benefited the least from the economic recovery following the Great Recession, as average incomes for this generation have fallen at twice the general adult population's total drop and are likely to be on a path toward lower incomes for at least another decade. According to a Bloomberg L.P., "Three and a half years after the worst recession since the Great Depression, the earnings and employment gap between those in the under-35 population and their parents and grandparents threatens to unravel the American dream of each generation doing better than the last. The nation's younger workers have benefited least from an economic recovery that has been the most uneven in recent history."[211] Despite higher college attendance rates than Generation X, many were stuck in low-paid jobs, with the percentage of degree-educated young adults working in low-wage industries rising from 23% to 33% between 2000 and 2014.[212] Not only did they receive lower wages, they also had to work longer hours for fewer benefits.[18] By the mid-2010s, it had already become clear that the U.S. economy was evolving into a highly dynamic and increasingly service-oriented system, with careers getting replaced by short-term full-time jobs, full-time jobs by part-time positions, and part-time positions by income-generating hobbies. In one important way the economic prospects of millennials are similar to those of their parents the baby boomers: their huge number means that the competition for jobs was always going to be intense.[9]
Yet by the late 2010s, things changed. Like older generations, millennials reevaluate their life choices as they age. Millennials no longer felt attracted by cosmopolitan metropolitan areas the way they once did. A 2018 Gallup poll found that despite living in a highly urbanized country, most Americans would rather live in rural counties than the cities. While rural America lacked the occupational diversity offered by urban America, multiple rural counties can still match one major city in terms of economic opportunities. In addition, rural towns suffered from shortages of certain kinds of professionals, such as medical doctors, and young people moving in, or back, could make a difference for both themselves and their communities. The slower pace of life and lower costs of living were both important.[248]
According to the Pew Research Center, 53% of American millennials attended or were enrolled in university in 2002. For comparison, the number of young people attending university was 44% in 1986.[272] By the 2020s, 39% of millennials had at least a bachelor's degree, more than the Baby Boomers at 25%, the Economist reports.[273] Historically, university students were more likely to be male than female. The difference was especially great during the second half of the twentieth century, when enrollment rose dramatically compared to the 1940s. This trend continues into the twenty-first century. But things started to change by the turn of the new millennium. By the late 2010s, the situation has reversed. Women are now more likely to enroll in university than men. In 2018, upwards of one third of each sex is a university student.[274]
In 2015, a Pew Research study found 40% of millennials in the United States supported government restriction of public speech offensive to minority groups. Support for restricting offensive speech was lower among older generations, with 27% of Gen Xers, 24% of Baby Boomers, and only 12% of the Silent Generation supporting such restrictions. Pew Research noted similar age related trends in the United Kingdom, but not in Germany and Spain, where millennials were less supportive of restricting offensive speech than older generations. In France, Italy, and Poland no significant age differences were observed.[322] In the U.S. and UK during the mid-2010s, younger millennials brought changes to higher education via drawing attention to microaggressions and advocating for implementation of safe spaces and trigger warnings in the university setting. Critics of such changes have raised concerns regarding their impact on free speech, asserting these changes can promote censorship, while proponents have described these changes as promoting inclusiveness.[323][324]
In their youth during the early 21st century, British millennials were generally considered a relatively politically disengaged generation.[347] Turnout at United Kingdom general elections fell sharply after the millennium with involvement lowest among the young. A majority of 18 to 24 year olds failed to vote in the 2001, 2005 and 2010 general elections with participation reaching a record low among this age group of 38.2% in 2005.[348][349][350] The British Social Attitudes Survey suggested that the proportion of people in their 20s and early 30s who identified with a particular political party fell from 85% in 1983 to 66% in 2012.[351] Later, various political events such as the 2014 Scottish Independence referendum,[352] 2016 European Union membership referendum[353] and 2017 general election[354] were seen as sparking the interest of the millennial cohort though turnout at elections has remained below mid-to-late 20th century levels.[348]
Demographer and futurist Mark McCrindle suggested the name "Generation Alpha" (or Generation α {\displaystyle \alpha } ) for the offspring of a majority of millennials,[416] people born after Generation Z,[417] noting that scientific disciplines often move to the Greek alphabet after exhausting the Roman alphabet.[417] By 2016, the cumulative number of American women of the millennial generation who had given birth at least once reached 17.3 million.[418] Globally, there are some two and a half million people belonging to Generation Alpha born every week and their number is expected to reach two billion by 2025.[419] However, most of the human population growth in the 2010s comes from Africa and Asia, as nations in Europe and the Americas tend to have too few children to replace themselves.[10] According to the United Nations, the global annual rate of growth has been declining steadily since the late twentieth century, dropping to about one percent in 2019. They also discovered that fertility rates were falling faster in the developing world than previously thought, and subsequently revised their projection of human population in 2050 down to 9.7 billion.[6] Fertility rates have been falling around the world thanks to rising standards of living, better access to contraceptives, and improved educational and economic opportunities. The global average fertility rate was 2.4 in 2017, down from 4.7 in 1950.[420] 2b1af7f3a8