As a matter of fact, in a study by the Georgetown University Center on Education and the Workforce, it was discovered that Millennials constitute 40 percent of the unemployed, as opposed to 37 percent from Generation X and 23
percent from the Baby Boomers.
Not exact matches
Nearly 1 in 5 millennials has had to ask for money
from a friend or relative, LendingTree found, versus 16
percent of Gen Xers and 9
percent of
baby boomers.
For example, of the millennial respondents, 45
percent say they chose a more expensive home than they'd planned, compared to 30
percent of «Generation Xers» — those born
from the early 1960s to late 1970s — and 19
percent of
baby boomers.
Yet, according to the Bureau of Labor Statistics, by 2022, 25.6
percent of the labor force will be comprised of
baby boomers (up
from 11.8
percent in 1992), and by 2020, 46
percent will be comprised of millennials.
Seventy - one
percent of millennial women give to charity based on the moment, while less than half of
baby boomer women do so, according to a new study
from Fidelity Charitable.
Healthcare's piece in the consumer spending pie has grown for years, up
from 15
percent in 1990, and it remains a big concern especially as
baby boomers enter their retirement years.
Proving that it's never too late to pursue your passions, data
from the 2016 Kauffman Startup Index indicates that while
baby boomers currently account for 25
percent of new business owners, the last few years show the number of
boomer entrepreneurs are on the rise at a rate that outpaces other age groups.
Baby boomers most often cited Social Security as their expected primary source of retirement income (35
percent), according to a 2015 report
from the Transamerica Center for Retirement Studies, whereas Gen Xers and millennials expected retirement accounts like 401ks or IRAs to be their main source of retirement income.
By contrast, nearly a quarter of the children of
baby boomers descend
from the mere 11
percent of
baby boomer women who had four or more children.
In three to five years, the colony completes the final version of the nest, and the queen slows down, effectively ending the
baby boom and shifting the makeup of the mature colony
from 50
percent youngsters to 25
percent.
Twenty
percent of couples are meeting online now and the popularity ranges
from busy college students to
baby boomers.
Studies indicate that over 40 million people in the United States have entered into online dating
from 2009 - 2011, among them the amount of
baby boomers over 50 registering on the
baby boomers dating sites had a huge rise of over 4 hundreds
percent over the two years prior.
Millennials (customers under age 34) now buy more new vehicles than any generation besides
Baby Boomers, and they account for 20
percent of GM sales, up
from 5
percent in 2010.
But,
baby boomers are even more likely to seek help
from a sales associate, with 77
percent saying that they seek advice before making a major purchase.
Baby Boomers — generally defined as those born
from 1946 - 64 — make up about 30
percent of the U.S. population.
Eighteen
percent of sellers are
Baby Boomers, and 19
percent are
from the Silent Generation.
Baby Boomers are much more likely to defer to a real estate agent (93
percent) than use online resources (55
percent) or information
from friends and neighbors (33
percent).
According to Realtor Mag, Ninety - four
percent of young adults
from the millennial generation and 84
percent of
baby boomers said they used online websites in their home search.
A 2015 report
from Fidelity Investments showed that
baby boomers are keeping too much of their assets in the stock market — in fact, 10
percent of people ages 55 to 59 have all of their 401 (k) assets in stocks.
According to a survey conducted by the Insured Retirement Institute, only 27
percent of
baby boomers are confident that they will have enough money to last through their retirement (which is down
from 33
percent a year ago).
Forty - eight
percent of
baby boomers reported being satisfied with their overall economic situation, a new low and down
from 76
percent in 2011, according to a survey of 803 adults for the Insured Retirement Institute, an association of insurers and asset managers.