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☆ A new crop of startups wants to help solve loneliness among millennials and Gen Z. Here's how they're connecting strangers and making money.
▼ + stars: | 2024-05-10 | by ( Lauren Johnson | Sydney Bradley | ) www.businessinsider.com time to read: +10 min

Plus, the pandemic and the shift to working from home have made millennials and Gen Z lonelier than ever, thanks in part to doomscrolling. "I believe the conventional 'make friends' apps too closely mimic the dating model, which can feel awkward and high-pressure for making friends," he said. The group hosts "reading parties" at bars and event spaces with the goal of helping people connect through reading. Dinner With Friends, a group that throws dinner parties, has worked on sponsored events with brands like Bumble and Geneva. Dinner With Friends founder Anita Michaud said brands typically either sponsor entire dinners or provide products — like canned cocktails — for the dinner parties.

Persons: —, they've, Danial Hashemi, Sydney, Z, millennials, Cliff Lerner, Lisa Oreshkina, Saneblidze, Tom Worchester, Andreessen Horowitz, Victor Pontis, Luma, Liz Chick, Gen, Mira Hobbs, ReCreate's Chick, Anita Michaud, Peter Boyce II, Boyce, Maitree Mervana Parekh, Marlon Nichols, they're, it's, Ben Bradbury Organizations: Service, Business, Sydney Bradley, Big Tech, Tech, Timeleft, Reading, Facebook, VC, Wine, Bumble, New, Acrew, MaC Venture, Reading Rhythms Locations: New York City, Los Angeles, New York, Brooklyn, Squarespace, Lisbon, Amsterdam, London, San Francisco, Geneva

☆ The new class war: A wealth gap between millennials
▼ + stars: | 2024-04-26 | by ( Robert Frank | ) www.cnbc.com time to read: +2 min

The wealth gap between rich millennials and the rest of their age group is the largest of any generation, creating a new wave of class tension and resentment, according to a recent study. According to the study, the average millennial has 30% less wealth at the age of 35 than baby boomers did at the same age. Yet the top 10% of millennials have 20% more wealth than the top baby boomers at the same age. The study finds that millennials — typically defined as those between the age of 28 and 43 today — have faced repeated financial headwinds. The millennials who "went to college, found graduate level jobs, and started families relatively late," ended up with "higher levels of wealth than Baby Boomers with similar life trajectories," according to the report.

Persons: Robert Frank, Rob Gruijters, Zachary Van Winkle, Anette Eva Fasang, Mark Zuckerberg, Sam Altman — Organizations: Boomers

☆ People feel financially worse off than their parents—but say their kids will be better off
▼ + stars: | 2024-04-03 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +6 min

It makes sense then that just 36.5% of adults say they feel they're better off financially than their parents, according to CNBC's International Your Money Financial Security Survey conducted by SurveyMonkey. A greater share — 42.8% — say they're worse off than their parents, while the remaining 20.7% say they're faring about the same. Here are three ways younger generations are financially worse off than their older counterparts. More equality Younger generations have navigated adulthood with more freedoms than a lot of their parents may have had. Gender and racial pay gaps, along with other barriers to wealth-building, certainly still affect Gen X and millennials.

Persons: they're, Gen, Xers, Clever, Gen X, Tara Unverzagt, I'm, millennials, Louis Fed, Unverzagt Organizations: Financial Security, SurveyMonkey, Education Data Initiative, CNBC, Pew Research Locations: U.S

☆ The credit card crisis is worse for millennials and Gen Zers
▼ + stars: | 2024-03-09 | by ( Cork Gaines | ) www.businessinsider.com time to read: +5 min

The credit card debt for young Americans has grown at a faster pace than other generations. AdvertisementAmericans are in the midst of a credit card crisis, and nobody is being hit harder than millennials and Gen Zers. The study examined the anonymized credit scores of 41 million customers and anonymized credit card balances for about 80 million people in March 2022 and February 2024. Credit scores are falling for young AmericansThe soaring credit card debt has coincided with falling credit scores for these younger groups of consumers. If that happens, credit card debt will likely keep growing, and credit scores for young Americans could keep dropping.

Persons: Gen Zers, —, Zers, Z, millennials —, Rich Franks, Franks, Gen Z, that's, OnePoll, millennials Organizations: Service, Federal Reserve Bank, Intuit Credit Karma, Intuit Credit, Forbes, MMI, Money Management Locations: millennials

☆ Meet the typical Midwest mover, a Gen Zer from California who's paying under $1,500 a month in rent
▼ + stars: | 2024-02-27 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +5 min

Many of these new residents are single Gen Zers, millennials, and students. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . For some, that's meant flocking to the Midwest, and its promises of cheaper living, more space, and friendly neighbors. While the initial pandemic bump in Midwest residents has slowed a little, its population level is still above pre-pandemic highs. Gen Zers, the oldest of whom are 27, make up the greatest percentage of movers, followed by millennials, topping out at age 43.

Persons: —, Gen Zers, millennials, Zers, Gen Xers, Gen Alpha, haven't, Redfin, Texans —, James McClure, Alcynna Lloyd, McClure, Lloyd Organizations: Service, Gen, Census, Midwest, Texans Locations: Midwest, California , Florida, Texas, East Coast, New York, Massachusetts, Wisconsin, Minnesota, Austin

☆ Use this simple strategy to win your boss over, say two CEOs: ‘Don't be afraid to be seen’
▼ + stars: | 2024-02-26 | by ( Morgan Smith | ) www.cnbc.com time to read: +3 min

But it takes a lot more than being a hard worker who meets deadlines to be a standout employee. Hoskins has noticed that younger employees — Gen Zers and millennials —are especially good at establishing strong, empathetic relationships with higher-ups. If it's hard to find time on their calendar for a check-in, Cohen says you can still build a strong personal relationship with your boss with small gestures. What most employees don't realize, adds Hoskins, is that "as much as you want your boss to like you, they want you to like them too. So don't be afraid to be seen, to build a close relationship with them."

Persons: Andy Cohen, Diane Hoskins, Hoskins, Gen Zers, — Hoskins, Alison Green, Cohen Organizations: CNBC

☆ Millennials have been priced out of buying homes, and are venting that they can't afford rent either
▼ + stars: | 2024-02-22 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +5 min

Read previewFirst millennials were priced out of buying homes, and now they can't even afford their rent. In another recent video, Ora Hardesty tearfully said that for the first time ever she wouldn't be able to afford rent. "I don't have a lot of lavish things, I don't go on vacations, and I don't spend a lot." Rents are higher than ever, and millions of millennials are spending the majority of their paychecks on their housing. AdvertisementAccording to real-estate experts, millennials are in a perfect storm, tackling a slew of financial woes at once.

Persons: —, Kaitlin Murray, she'd, it's, Ora Hardesty, Alana Lindsay, Coldwell Banker Warburg, Omer Reiner, Rashi Malhotra, Lee Davenport, Whoopi, Whoopi Goldberg Organizations: Service, Business, Coldwell Banker, BI Locations: Boston, New York, Savannah , Georgia, United States

☆ A millennial says her boomer mom was a 'helicopter' parent. She says she's doing the opposite with her kids.
▼ + stars: | 2024-02-15 | by ( Jane Ridley | ) www.businessinsider.com time to read: +6 min

AdvertisementWhen Michelle Curtis returned to work after her maternity leave, she thought she could rely on her mom, Marjorie Hershberg, a boomer, to watch the baby. Curtis described Hershberg as a "helicopter parent," saying the now 66-year-old had the best intentions. AdvertisementCurtis, right, with her two kids, Hershberg, center, and Curtis's sister, Laura Levenstein, left, with her two children. "There's a lot more evidence about how children are supposed to sleep," Curtis, who works in technology, said. They'll say things like, "Why can't you just let the kids sleep in the car?'

Persons: Michelle Curtis, she'd, millennials, boomer, —, Marjorie Hershberg, Hershberg, Curtis, Eddy, it's, Mom, Laura Levenstein, Maisie, Aidan, I'm Organizations: Service, Business

☆ Millennials Won the Stock Market Boom, Proved They're Good Investors
▼ + stars: | 2024-02-14 | by ( Emily Stewart | ) www.businessinsider.com time to read: +4 min

It turns out the Robinhood crowd was onto something when they piled into the stock market during the pandemic. As of 2019, people under 40 held 4.9% of total US wealth even though they’re 37% of the population. People over 54, who make up a similar share of the population, held 71.6% of total wealth. Nearing the end of 2023, under-40s controlled 6.7% of total wealth, while those over 54 had 72.8%. Now, the challenge is to try to keep at it, get some more luck in the stock market and, God willing, their own homes.

Persons: —, Young, Millennials, Zers, they’re, “, Nick Colas, ”, Colas, Ernst & Young, It’s, millennials, Emily Stewart Organizations: Federal Reserve Bank of New, New York Fed, DataTrek, Ernst &, Bloomberg, Business Locations: Federal Reserve Bank of New York, America

☆ What the latest inflation data means for interest rates
▼ + stars: | 2024-02-14 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at what a hotter-than-expected inflation report means for markets and the econom y . That silver lining doesn’t address the elephant in the room: What does the latest CPI data mean for interest rates? AdvertisementMadison Hoff/Noah Sheidlower/Business InsiderThe hot inflation report comes just a few weeks after some industry experts felt the market was in a perfect position. Stubbornly elevated inflation means Powell might be less willing to cut rates and risk further fueling inflation. It’s particularly painful for smaller companies, which tend to carry floating-rate debt more susceptible to elevated interest rates.

Persons: —, Angela Weiss, Insider’s Madison Hoff, BI’s Aruni Soni, Madison Hoff, Noah Sheidlower, we’ve, Jerome Powell, Powell, Jim Zelter, BI’s Yuheng Zhan, Alyssa Powell, Peter Thiel, bitcoin, Noah Berger Sam Altman’s, Jensen Huang, Altman's, Mark Zuckerberg, Jeff Bezos, Bezos, Rob Dobi, doomsayers, Brace, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Business, Service, Dow Jones, Bank of America, Apollo Global Management, Federal Reserve Bank of New, BlackRock, Strategic Investors Group, BI, Fund, Reuters, Apple Vision, BI Sky, Employees, Cisco Systems, Sony, McLaren Locations: Federal Reserve Bank of New York, Dubai, Miami, Washington, New York, London

☆ Indonesia election: Young voters will decide the country’s future, here’s what they care about
▼ + stars: | 2024-02-10 | by ( Rachel Wilson | Rosa Deacostanoya | ) edition.cnn.com time to read: +8 min

With a majority of the electorate under 40 years of age, the candidates are all vying for young voters to claim victory. On the ground, young voters are struggling to find jobs that suit their aspirations.” Yoes Kenawas, doctoral candidate at Northwestern UniversityIn addition to these economic concerns, more young voters also now worry about climate change. The social media battlegroundNearly 80% of people in Indonesia are connected to the internet and people aged 16 to 64 spend an average of more than three hours a day on social media, according to the We Are Social 2023 Digital Report, which provides global social media insights. Wednesday’s results will potentially offer a verdict on how effective social media campaigns have been in addressing young voters’ worries. There is a concern that young voters could get trapped in “a political campaign that is relying on gimmicks,” Kenawas said.

Persons: Indonesia’s, Joko Widodo, Ganjar Pranowo, Anies Baswedan, Prabowo Subianto, — Gibran Rakabuming Raka, Raka, Widodo’s, Subianto, Abigail Limuria, Bijak, ” Abigail Limuria, ”, Yoes Kenawas, ” Yoes Kenawas, Instagram, Kenawas, Muhaimin Iskandar, Mahfud, Gibran Rakabuming Raka, Subianto’s, Widodo, He’s, he’s, ’, ” Kenawas Organizations: CNN, Indonesia, Indonesian Defense, CNN Indonesia, Center for Strategic, International Studies, International Labour Organization, Indonesia’s Central Statistics Agency, Northwestern University, “, CSIS, Widodo Locations: Central Java, Jakarta, Swiss, Indonesia, policymaking, CNN Indonesia

☆ Millennials and Gen Z saw their wealth balloon during the pandemic
▼ + stars: | 2024-02-07 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +3 min

A new analysis from Liberty Street Economics finds younger Americans saw their net worths swell. That might be because their new pandemic stimulus let them invest more. Coming into the pandemic, Americans under 40 were holding just under 6% of all US wealth, according to Liberty Street Economics, even as they made up just under 40% of adults. And it was a boon: Americans under 40 — who comprise both Gen Zers old enough to be in the full-time workforce, and almost all millennials — saw their real wealth skyrocket by around 80%. AdvertisementThose younger Americans were willing to make riskier investments, as the analysis notes, perhaps due to just how far out they are from retiring.

Persons: —, That's, Xers, Gen Zers, Rajashri Chakrabarti, Natalia Emanuel, Ben Lahey, Gen Z Organizations: Liberty Street Economics, Service, Liberty Street, Federal Reserve Bank of New Locations: Federal Reserve Bank of New York, —

☆ DINKs, Couples With No Kids, Are Living the New American Dream
▼ + stars: | 2024-02-07 | by ( Juliana Kaplan | Bartie Scott | ) www.businessinsider.com time to read: +12 min

DINKs are proudly emerging as an aspirational class for young people — and they're ready to live it up. So when she set up her dating profile, Johnson included in her bio that she didn't want to have kids of her own. Amy Blackstone, the author of the 2019 book " Childfree by Choice ," said that the financial gap between DINKs and couples with kids wasn't solely because of the choice about children. DINKs, GINKs, " rich aunties ," and DINKWADs — DINKs with a dog — have become aspirational identities for younger generations. There are the DINKs who can seize the American dream and the parents who are struggling to stay afloat in a country without guaranteed paid leave or affordable childcare .

Persons: Elizabeth Johnson, Johnson, DINK, DINKs, they've, there's, Amy Blackstone, it's, Alex Killingsworth, Killingsworth, Marcia Drut, Davis, Drut, Blackstone, she'd, Gen Z, That's, X didn't, Zachary P, Neal, Jennifer Watling Neal, millennials —, I've, Marcia, she's Organizations: of, Johnsons, Minneapolis townhome, Federal, Consumer Finances, Broadway Locations: Florida, Swiss, Hawaii, Oregon, Canada, Alaska, Dominican Republic, of America, Minneapolis, Texas, New York, Michigan, Drut

☆ Loud budgeting is in, quiet luxury is out. Meet the TikToker who started the financial trend
▼ + stars: | 2024-02-05 | by ( Vanessa Yurkevich | ) edition.cnn.com time to read: +6 min

“Loud budgeting is a new concept I am announcing for 2024, it’s the opposite of quiet luxury,” he said in the TikTok post, posted on December 29. In this screen grab taken from a viral video by Lukas Battle, the comedian talks about the 'loud budgeting,' trend, versus 'quiet luxury.' In an online world where luxury and opulence are constantly on display — and unattainable for most people — “loud budgeting” makes being on a budget cool and acceptable. It’s the inverse of “quiet luxury,” which flourished on social media last year and promoted not flaunting your wealth or being understated about it. But loud budgeting could be a reckoning for brands who have found success in social media marketing.

Persons: Lukas Battle, Lukas, It’s, ”, they’re, Vivian Tu, Rich, ” Tu, Giovanna Gonzalez, “, Gonzalez, “ I’m, Michael Hershfield, Tu, it’s Organizations: New, New York CNN, CNN, TIAA Institute, Wall, P Global Market Intelligence, “ Locations: New York, Cabo, “

☆ Fake rich? Affluent millennials are more likely to exaggerate to appear wealthy. Here's what experts say they should do instead
▼ + stars: | 2024-01-25 | by ( Lorie Konish | ) www.cnbc.com time to read: +1 min

But one group — affluent millennials — are more likely to lie or exaggerate their finances to appear financially successful, according to a recent survey from Wells Fargo. That goes for 34% of affluent millennials versus just 20% of Gen X or 4% of baby boomers. More than half of affluent Americans have cut back on luxury purchases post pandemic. Yet affluent millennials — with $250,000 to more than $1 million in investable assets — are going to great lengths to appear wealthy. Wells Fargo found 29% of affluent millennials admit they sometimes buy items they cannot afford to impress others.

Persons: boomers, Wells Fargo, Gen Xers, Emily Irwin, Irwin Organizations: Finance Locations: Wells Fargo

☆ Move over, millennials: Gen Zers are coming for boomers' houses
▼ + stars: | 2024-01-17 | by ( James Rodriguez | ) www.businessinsider.com time to read: +11 min

After all their economic misfortune, they'll still face a turbulent housing market and potentially tens of thousands of dollars' worth of necessary updates to boomers' aging houses. In his 2022 paper, "Who will buy the baby boomers' homes when they leave them? ", Engelhardt argued that mass aging would send ripples through the housing market but fail to push down prices significantly. After that point, demand for home purchases will once again outpace supply as millennials buy more homes and younger generations, like Gen Z and Gen Alpha, file in behind them. The timing of boomers' exit will mostly benefit younger generations, like Gen Z and Gen Alpha, who should find themselves on steadier footing than their predecessors.

Persons: Xers, they've, Zers, they'll, Odeta Kushi, Kushi, Gary Engelhardt, Engelhardt, Issi Romem, Meredith Whitney, Boomers, Gen Zers —, Gen, who've, millennials, boomers, Jessica Lautz, Nicole Bachaud, They've, Redfin, Alpha, they're, Lautz, savvier, Zoomers, James Rodriguez Organizations: millennials, Syracuse University, Boomers, Federal Reserve, Alpha, National Association of Realtors Locations: granny, New York, Los Angeles, Chicago, Dallas

☆ Asia's young and wealthy are fueling demand for art — what are they collecting?
▼ + stars: | 2024-01-08 | by ( Quek Jie Ann | ) www.cnbc.com time to read: +2 min

Auctioneer Victoire Gineste gestures as she adjudicates for 20 million euros ($21.9 million) a recently rediscovered drawing by Michelangelo, the artist's first known nude, at the Christie's auction house in Paris on May 18, 2022. Wealthy, young collectors in Asia have been fueling demand for art — particularly via online channels — and have emerged as a key clientele for international auction houses. A report from the auction house showed a 65% increase in new Gen Z buyers in 2023. Sotheby's 2023 report stated that bidding activity of younger collectors grew to 30% in the first half of 2023 from 6% in 2018. Millennials and Gen X — aged 44 to 59 — are classified as "younger collectors" by the auction house.

Persons: Victoire, Michelangelo, Gen Zers, Christie's, Phillips, millennials, Millennials, X — Organizations: Art Basel, UBS Survey, CNBC Locations: Paris, Asia, Mainland China, Hong Kong, Singapore, Christie's Hong Kong, China, Taiwan, Asia Pacific, Americas, Europe, millennials, South Korea

☆ The state that left millennials behind
▼ + stars: | 2024-01-04 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +3 min

Millennials might be stuck California dreaming — and not able to do much more than fantasize. In the Golden State, homeownership is becoming more elusive, especially for millennials. In California, just about 38% of people ages 35 to 45 can say the same. That's not to say that millennials outside California are experiencing completely smooth sailing. A RentCafe analysis found that just over half of millennials now own, not rent.

Persons: Millennials —, That's, millennials, Insider's Kelsey Neubauer, Noah Sheidlower, Texas's Organizations: Golden State, Terner Center, Housing Innovation, UC Berkeley, National Association of Realtors, Survey Locations: California, Golden, it's, New York, Midwest, Texas , Arizona, Florida, Texas

☆ US millennial women are now more likely to die in their late 20s and early 30s than any generation since the World War II era: report
▼ + stars: | 2023-12-12 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

AdvertisementBaby boomer and Gen X women, meanwhile, saw a respective 6 and 4.4 suicides per 100,000 women when they were aged 25 to 34. While White millennial women saw suicide rates decline, young Black, American Indian or Alaskan Native, mixed-race, and Hispanic women experienced increases. AdvertisementBut millennial women also are faring better in the economyThe decline in safety among millennial women comes despite their improved financial and education status compared to generations before. At least 43.6% of young millennial women in the US have graduated college — a record level in modern history. That's compared to 28% of Gen X women and 22% of baby boomer women who graduated by the time they turned 34, the report said.

Persons: —, boomer, Black, Gen, PRB, Gen X, Sara Srygley, X Organizations: Service, Business, Washington DC, Bureau, Statistics, Centers for Disease Control, Census Bureau, Labor Department, Center for American Women, Rutgers University Locations: American

☆ Want a pay bump? Learn how to use AI. Here's how much the skill could be worth based on your job.
▼ + stars: | 2023-12-05 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

Employers said they expect workers with AI skills to receive at least a 30% pay bump. AdvertisementIf your annual review is coming up, flexing your AI skills could be what helps you get that higher salary, a recent study suggests. AdvertisementIn turn, 84% of employees surveyed said that acquiring AI skills could lead to positive impacts on their careers — one of which is higher pay. While more than 80% of younger employees — including Gen Zers and millennials — expressed an interest in developing their AI skills, more than 65% of baby boomers and Gen Xers said they are keen on picking up AI skills as well. The findings on the AI skills premium comes as companies big and small ramp up their efforts to hire generative AI talent.

Persons: —, OpenAI's ChatGPT, Gen Zers, millennials —, Gen Xers, Richard Baldwin Organizations: Employers, Service, Amazon Web Services, AWS, Companies

☆ Nobody is talking about Gen X. Gen Xers say they like it that way.
▼ + stars: | 2023-12-04 | by ( Aimee Pearcy | ) www.businessinsider.com time to read: +4 min

Everyone's talking about boomers, millennials, and Gen Zers, but Gen X is often left out of the conversation. Many Gen Xers say they like it this way, and they just want to be left alone. Lee questioned why Gen X hadn't been criticized for "not saving the planet," and for failing to fulfill their promises. Gen X viewers immediately began weighing in, and some jumped to defend themselves. It's been viewed more than 300,000 times and has reignited discussion around why Gen X is seemingly ignored in conversations about generational strife.

Persons: Gen Zers, They're, —, X's, TikToker Bryan Lee, Gen Xers —, Lee, Gen X hadn't, Gen, GenX, TikToker @heatherlynntx, It's, Jon Wellington, Xer, they've, Wellington, Xers, they're, TikToker @stygian_strategies, X, Cassandra Carr, Gen Xers, Millennials, — Cassandra Carr 🥄♿ Organizations: Service, Wellington

☆ Meet the typical student-loan borrower: a millennial woman with a $35,000 balance who wants debt relief
▼ + stars: | 2023-11-26 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

Millennials hold the most student debt, with an average balance of about $35,000 per person. Most student-loan borrowers want Biden to deliver broad debt relief. Take Helena, a 58-year-old borrower with $145,000 in student debt who previously had to sell items on eBay to afford her payments. That amount varies by generation: the average Gen Z borrower holds $24,472 in student debt, the average millennial holds $42,637 in student debt, and the average Gen Xer holds $48,733 in student debt, according to TransUnion. A Morning Consult and Politico poll in June 2022, right before Biden's first debt relief plan was announced, found that of 2,000 registered voters, 65% of respondents aged 18 to 34 supported $10,000 in debt relief, with 61% of respondents aged 35 to 44 feeling the same.

Persons: Millennials, Biden, —, Helena, Joe Biden's, Theresa Teders, that's, it's, Xer, Zers, millennials, Gen Xers —, Biden's Organizations: Service, eBay, Education Department, Higher, American Association of University Women, Federal Student Aid, Politico

☆ Millennials are the reason you can still work remotely
▼ + stars: | 2023-11-26 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

Millennials are powering the continued remote work boom, and are more likely to be remote. While Gen Zers and boomers want to go in, millennials are opting to work from home. Going into the office is a desire that cuts across generational lines, unifying groups that aren't often in alignment: Gen Zers, Gen Xers, and boomers. That data paints a clearer picture of how remote work has created new segments of workers. Of course, remote work has been life-changing for some .

Persons: Gen Zers, —, Nick Bloom, Zers, Gen Xers, Bloom, José María Barrero, Steven J, Davis, Stanford, Charles Bond Organizations: Service, Stanford, People, Workers Locations: Southern California, Plenty

☆ The 10 best states for millennials—New York and California didn't make the list
▼ + stars: | 2023-10-29 | by ( Celia Fernandez | ) www.cnbc.com time to read: 1 min

It can be tough to be a millennial. They want to retire millionaires but are struggling to balance lifestyle costs and financial goals. While many factors can contribute to this, where millennials live can affect how well they can do. Metrics included cost of living, homeownership rate, unemployment rate, average income, retirement age and average FICO score. New York and California might be major work hubs for millennials, but neither state made the top 10.

Organizations: New Locations: New York, California

☆ Opinion | Millennials and Gen Z Are Tilting Left and Staying There
▼ + stars: | 2023-10-24 | by ( Jamelle Bouie | ) www.nytimes.com time to read: +2 min

But the extent of that drift — of where it finally reaches — depends on where they start. But while they have gotten a little more conservative in the years since, it has been at a much slower rate than you’d expect. What’s more, the gap in the number of Millennials who identify as Democrats rather than Republicans is huge, with more than twice as many self-identified Democrats as Republicans. The next cohort on the roster, Gen Z, is even more liberal and Democratic than Millennials, and shows no indication of becoming substantially more conservative as it ages. Now, we should always be a little wary of talking about “generations” as uniform, monolithic or even particularly coherent.

Persons: Richard Nixon, Jimmy Carter, Gen Xers, Reagan, Millennials —, —, Gen Organizations: Pew Research Center, Democratic, General Social Survey, Republicans

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