5 Facts About Millennials That Discount The Stereotypes

By Kristy Rice Jul 17, 2017

Let me begin by saying that, of the 80-million-and-some millennials out there, I am not one of them. But being stuck between my childrens' and my parents' generations does have its benefits.
I'm objective enough to realize that my parents were just as criticized by the elders of their era. They were 'all sexed up' with their Rock and Roll, their long hair, and later, The Beatles.
This same generation now hands down this tradition, complaining that millennials are only good for taking selfies and living at home.
What keeps me objective? What keeps me from judging 80 million millennials solely on stereotype?
I can't speak for my entire generation but any time I consider poking fun at my children for participating in some goofy new trend or dance...I remember Kris Kross.
Works every time.
If Daddy Mack never made you 'JUMP JUMP' (or if I've completely lost you with that reference) here are five surprising facts that may just renew your faith in the largest generation to date:

#1 - Millennials Worry About Money More Than Other Age Groups

According to a report from Bank of America Merrill Lynch Workplace Benefits, financial fears weigh heaviest on workers in their twenties and early thirties. In addition, Money reported that most Millennials feel the stress caused by money matters has a negative impact on their work and health. Sixty eight percent of them feel that financial stress affects their physical health.
So not only do we have a generation freaking out about money (for good reason given the cost of living, entry level wages, and the $133k price tag on a Bachelor's degree) but they're feeling the effects of it on their health, a physiological response previous generations commonly ignored or discounted. And here we all thought millennials were carefree.

#2 - Millennials Keep A Job Just As Well As We Did

Gone are the days of working your entire adult life for one company and retiring with a fat pension. Sure those jobs still exist but they're highly competitive and many have moved overseas, where employers don't have to help fund comfortable retirements. My grandparents had that stability but it's no longer the norm.
In recent years it's been more commonplace for employees to change jobs several times before settling into something long term. I, for instance, had three jobs before I was 18, while attending college. But millennials keep these jobs just as long as my generation did.
According to an article in Forbes magazine, "When you compare people aged 18 to 35 from February 2016 (millennials) and February 2000 (Gen X), you find both groups report a similar tenure with their current employer: roughly 13 months. Things get even more interesting when you compare folks who’ve been with their employer for five years or more — the figures stand at 22% for millennials and 21.8% for Gen X."
Source: Forbes | Ocregister
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