Table of Contents
This is the beginning
This is the beginning
Snowflakes are not all alike, as the saying goes. This is true of two of today’s most talked-about generations: baby boomers and millennials. The baby boomer and millennial generations are very different. As part of the millennial generation, I think that it’s very important to compare the two. It is fascinating to me as a person from generation “Z”, that the two generations can differ so much. I did research to compare them. My choice of these two groups was because many millennials have been raised by baby boomers. After doing this research, I was able to make some interesting conclusions on the future of this generation. IV. BodyBodyThe financial difference between baby-boomers and millennials can be quite staggering. A. Baby boomers are generally defined as those born between 1946 and 1964. The boomers are known for being a hard-working generation that values family. Steven Brill’s book Tailspin explains that baby-boomers are to blame for America’s recent recession. They do this at the expense and detriment of the millennials (those born between 1982 and 1993), a group known as a younger generation. Baby boomers retire later due to rising costs and ever-changing regulations for retirement. It is now difficult for millennials to get a good paying job if they are not highly qualified or specialized. Due to this, many millennials had to take student loans in order to get degrees they might not use depending on their job market. A degree wasn’t a requirement to enjoy a middle-class, comfortable lifestyle during the time of the baby-boomers. After learning about the differences between the baby boomers’ and the millennials’ educational backgrounds, it is not surprising that the two groups have different financial situations. II. It is not surprising that baby boomers have a lower education level than millennials. Samantha Raphelson’s article, an intern for National Public Radio, states that millennials have a higher level of education than baby boomers. They have the hardest time finding jobs that are in line with their education. Samantha writes in her article Amid Stereotypes: Some Facts about Millennials that almost half of minimum-wage employees have a Bachelor’s Degree. As a matter of fact, many “entry-level jobs” require a certain degree. B. 28 percent of those aged 24-36, in contrast to their parents, have bachelor’s degrees or higher. It has affected our economy because millennials can’t afford to buy a car or home. The divorce rate was alarmingly large when baby boomers arrived, despite their more traditional views on marriage and families. Many millennials also put off their family life as a result. Baby boomers and millennials have different views about family life. This isn’t as complex as may seem.
A result of the alarmingly higher divorce rates than their parents’ generation, the baby-boomers, millennials view family life in a completely different way. The high cost of living, their desire to pursue education and delay having children are all driving factors.
Some people aged 24-36 years are happy cohabiting, but don’t want to marry or reproduce. Some couples are happy to cohabit, but do not want to marry or reproduce.
A graph from 2016 by the Center for Disease Control shows that 43. In 2016, the Center for Disease Control reported that 43.6% (or 6,000) of Tennessee children were born out-of marriage, compared with 23.9% (or 9,000) in 1950. Nine percent of the population in 1950. Ironically, the couples find that they have more time for their children. Deborah Carr Ph., an author, estimates that 34 of millennials marry by 40. D. ConclusionNow you know why and how the generations differ, in terms of education, financial status, and the outlook of family life, it will help us navigate the world with a greater understanding II. (clincher) Robert Kennedy said once, “Everygeneration inherits an unmade world, and in so doing, becomes a trustee for the next generation.” Each generation will eventually account to their children. “