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Millennials: Generation Y and Way Americas Economy

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Millennials: Generation Y and Way Americas Economy
Millennials Future Lets face it the way Americas economy is looking right now the job market is in the dumpster. Millennials are working harder then ever to try and stand out from the rest of their peers so they can land a good job to support them on their own. This is putting millennials in between a rock and a hard place. In these day and age it’s almost required to have a college degree to have any chance of landing a good job to support you on your own. But these degrees come at a price and as the job market is failing and loans are pilling up on are college graduates. This bad economy is crushing the millennial generation and their futures. Millennials also know as generation Y, are people born from 1980s to the 2000s. They’re the first generation to be raised using digital technology, social media, and mass media. People born in this generation are now college students, and college graduates that are struggling in this tough economy. The millennial generation has limitless information at the tip of there fingers. Millennial are “always connected” with social networks like facebook and twitter they always know what friends are doing. People have said millennials are parent dependent and don’t know what reasonability is, which I think could go either way. Some millennials are very parent dependent but I see others very independent going to school and working without the guidance of parents. Its unfair to generalize millenials as slackers that don’t know how to work for something, it all depend on the person. Previous generations were able to go colleges get a degree and start working and living on their own immediately after graduation. “Not so long ago, the average American man in his 20s had achieved most of the milestones of adulthood: a high-school diploma, financial independent, marriage and children.” (Hymowitz 477). “In 1970, just 16 percent of Americans ages 25 to 29 had never been married: today that’s true of an astonishing 55 percent of


Cited: Hayes, Dianne. "The for-Profit Conundrum." Diverse Issues in Higher Education 29.14 (2012): 10-1. Ethnic NewsWatch. Web. 7 Nov. 2012. Z, S. Demirdjian. "The Millennial Generation 's Mindset: Susceptibility to Economic Crisis." The Business Review, Cambridge 19.2 (2012): 2,I,II. ABI/INFORM Complete. Web. 7 Nov. 2012. Hymowitz, Kay S. "Where Have the Good Men Gone." Wall Street Journal (February 19, 2011): 477-81. Print.

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