Thursday , 21 November 2024

The Millennial Cohort: A Look at Their Present Predicament, Their Future Economic Prospects (+2K Views)

Though considered the most educated generation in history, the Millennial generation – young adults between the age of 18 and 29 who make up 25% of America’s population – is also living through one of the worst economic crises. From a weak job market to the global economic downturn, are the Millennials cut out for this market? [A look at the infographic below tells the story.] Words: 345

So writes the EW News Desk Team at www.EconomyWatch.com  in edited excerpts from their original article* which Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!), has edited further below for length and clarity – see Editor’s Note at the bottom of the page. (This paragraph must be included in any article re-posting to avoid copyright infringement.)

The Team goes on to say, in part:

The newest generation is soon approaching the prime of their lives. Raised as a generation, the Millennials grew with the Internet boom, and they are nothing like their parents. They are social, independent, and entrepreneurial but many of them are still struggling with huge college debts and unemployment, unattuned to the rigors and reality of the current economic climate.

 

Generation Screwed

Conclusion

Life depends more on luck than hard work and effort so only time will tell if luck, work ethic or a little bit of both will make the Millennial generation as successful as they hope.

*http://www.economywatch.com/in-the-news/infographic-whats-wrong-with-our-generation.14-02.html (Created by: Online Graduate Programs)

Editor’s Note: The above article has been has edited ([ ]), abridged (…), and reformatted (including the title, some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. The article’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article.

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