Millennials vs. baby boomers: New study reveals major differences

By age 35, 17% of baby boomers moved into a prestigious professional careers after graduating college, such as law or medicine, while 7.3% of millennials did the same. Millennials tended to postpone marriage and live with their parents for longer amounts of time. About 27% of boomers got married earlier and … See more

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Millennials Vs. Baby Boomers: New Study Reveals Major Differences

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What do millennials and baby boomers have in common?

Here are five key things that millennials and baby boomers have in common: Economic resiliency. Common thinking is that baby boomers always had an easy economic ride with no shortage of jobs throughout their careers. ...

Are baby boomers better than Millennials?

[Baby Boomers] take up more than their fair share of the housing market. [Millennials] and [Baby Boomers] have different family values. The work ethic of [Baby Boomers] is at odds with the work ethic of [Millennials]. [Baby Boomers] have a different moral code than [Millennials]. ...

Are millennials worse off than Boomers?

But "those living more 'typical' middle-class lifestyles often have more wealth than their boomer parents did at the same age," the study, published in the American Journal of Sociology in September 2023, reported. Lead author of the study, Dr. Rob Gruijters said the debate about whether millennials are worse off is a distraction. ...

Will millennials outnumber Boomers?

Although a greater number of births underlie the Baby Boom generation, Millennials will outnumber Boomers in part because immigration has been boosting their numbers. Millennials are also bringing more racial and ethnic diversity. When the Silent Generation was young (ages 22 to 37), 84% were non-Hispanic white. ...

Are millennials more wealthy than Boomers?

Millennials are more likely to work in low-paying jobs and live with their parents, researchers found. But "those living more 'typical' middle-class lifestyles often have more wealth than their boomer parents did at the same age," the study, published in the American Journal of Sociology in September 2023, reported. ...

Are millennials acrimonous to baby boomers?

Although Millennials and Baby Boomers report reciprocal, acrimonious sentiments toward one another, the animosity of Millennials (i.e., the younger generation) is driven primarily by concerns over tangible resources (realis-tic threat) and the animosity of Baby Boomers (i.e., the older Figure 4. Mediational Process, Study 3. Note. ...