A new understanding of Millennials: Generational differences reexamined has been saved
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Dig into the numbers to investigate similarities and differences in economic behavior across the generations in the United States.
The proportion of Millennials choosing Science, Technology, Engineering, and Math (STEM) majors has not increased over prior generations, in spite of years of rhetoric about the importance of STEM.
Millennials are more burdened with student loan debt than prior generations.
The Great Recession of 2007 has made it more challenging for some Millennials to purchase a home.
Millennials over time have shown less willingness to take on debt than their predecessors.
Millennial rates of vehicle ownership resemble those of prior generations. Vehicle ownership dipped during the Great Recession but has been climbing since 2010.
Conventional wisdom says Millennials hop from job to job, but the data show otherwise: Millennial turnover rates are at or below rates for other generations, and are largely driven by age and the business cycle.
Younger workers’ loyalty towards their employers appears unchanged since 2002, challenging the conventional wisdom that Millennials are less engaged.