Many researchers have examined the millennials' attitudes and opinions across a spectrum of issues. Most show evidence of a generation that is highly educated, self-confident, technologically savvy and ambitious.
Mental Health Issues. With all the challenges millennials face every single day – from financial to personal aspects, it is no wonder that they feel stressed out, anxious and depressed. A study found out that one in every 5 millennials struggle with depression.
Inflation is the top problem Gen Z and Millennials name as the biggest they are facing today. Over-dependence and addiction to technology ranked second as the top problem among young people for the first time. However, racism and COVID-19 are still top concerns for these gens.
This most health-conscious generation takes a holistic perspective on health. They simultaneously work on their physical elements, appearance, and mental health, and are happy to mix and match traditional and cutting-edge technologies.
Millennials have been described as the first global generation and the first generation that grew up in the Internet age. The generation is generally marked by elevated usage of and familiarity with the Internet, mobile devices, and social media, which is why they are sometimes termed digital natives.
Cultural Acceptance
The Millennial Generation can accept novel things. Hence, Millennials are able to work with other people easily and accept diverse cultures. Unlike previous generations, the Millennial Generation is more tolerant of different races, religions, and cultures (Sa'aban et al., 2013).
3. Millennials care about social issues. Civil rights/racial discrimination, healthcare (for themselves and their aging parents and grandparents), education and employment are the causes millennials in this country consistently care the most about.
Recent surveys show that Millennials place a higher priority on health and wellness than any other generation, including the oldest Americans, and the importance that Millennials give to a healthy lifestyle has increased more dramatically than other generations over the past decade.
Millennials are better-educated than past generations. Approximately 40 percent of Millennials have a bachelor's degree or higher, compared to about 30 percent of Gen Xers when they were the same age. More Millennials are voting than ever.
Millennials are a demographic cohort or age group, also known as Generation Y. They're called millennials because they became adults around the time of the millennium.
Millennials, also known as Generation Y, were born between 1981 and 1996, according to Beresford Research.
Lazy, entitled, demanding and disloyal. These are stereotypes commonly used to describe the millennial generation.
Due to their independent nature, Millenials are not as interested in teamwork as other generations. Millennials do not have as strong a work ethic, with an average of 38.8 hours spent at work a week compared to previous generations who both average above 40 hours8.
After conducting original research, we have found that millennials' challenges stem from a conflict between their desires and attainable goals. Our societal expectations have created tension for millennials who struggle to find ways to act like adults when financial pressures cause them to feel much more like children.
So, what are the top three factors causing millennials this much stress? Of those surveyed, 74 percent of millennials report that their finances and debt are causing them to burn out, while 65 percent said work tension is the cause and 56 percent blame trying to find the right work-life balance.
Studies of values shows Millennials put having a family as a goal. According to longitudinal survey of high school students conducted by the College Board, 77% of students nationwide say “raising a family” is an “essential” or “very important” life objective.
Social media, video content, and gaming are more likely to be taking up their time. Starting from the top, listening to music is the top thing Gen Z and Millennials do in their free time, with Gen Z more likely than Millennials to say so.
Like Boomers, Millennials are a huge generation that we sometimes split into two subgroups: Early Millennials (born 1980-1987) and Recessionists (born 1988-1995). The fairly obvious element that divides these two groups is life stage.