16 Facts About Millennials

Millennials, known as Generation Y or Gen Y, are the demographic cohort following Generation X and preceding Generation Z Researchers and popular media use the early 1980s as starting birth years and the mid-1990s to early 2000s as ending birth years, with the generation typically being defined as people born from 1981 to 1996.

Millennials were born at a time of declining fertility rates around the world, and are having fewer children than their predecessors.

Millennials have been described as the first global generation and the first generation that grew up in the Internet age.

Millennials are sometimes called echo boomers, due to them often being the offspring of the baby boomers, the significant increase in birth rates from the early 1980s to mid-1990s, and their generation's large size relative to that of boomers.

Millennials asserted that some of the reasons for this are the surge in interest in higher education and cultural changes.

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Millennials discovered that their average IQ had dropped by more than two points during that time period.

Millennials further noted that in the past, IQ gains had been correlated with socioeconomic class, but this was no longer true.

Political scientist Shirley Le Penne argues that for Millennials "pursuing a sense of belonging becomes a means of achieving a sense of being needed.

Millennials came of age in a time where the entertainment industry began to be affected by the Internet.

Millennials enjoy a number of important advantages compared to their elders, such as higher levels of education, and longer working lives, but they suffer some disadvantages including limited prospects of economic growth, leading to delayed home ownership and marriage.

Millennials are the most highly educated and culturally diverse group of all generations, and have been regarded as hard to please when it comes to employers.

Millennials are expected to make up approximately half of the U S workforce by 2020.

Millennials warned that the turbulent 1960s and 1970s could return, as having a massive young population with university degrees was one of the key reasons for the instability of the past.

Millennials are more willing to vote than previous generations when they were at the same age.

Millennials were between 12 and 27 during the 2008 U S presidential election.

Millennials often describe themselves as "spiritual but not religious" and will sometimes turn to astrology, meditation or mindfulness techniques possibly to seek meaning or a sense of control.