Economist Mike Walden: The Millennials Have Taken Over

This is Mary Walden with economist MW, welcoming you to the economic perspective.  Today’s program looks at the Millennials taking over.  Mike, we often like to talk about people in terms of their generation.  One reason is that generations differ in the attitudes and opinions, and these factors are important to both employers and sellers.  What’s the mix of the generations in today’s workforce?

Silent Generation (WW II): prior to 1945: 2%

Baby Boomers (1946-64): 25%

Gen X’ers (1965-80): 33%

Millennials (1981-96): 35%

Gen Z’ers (1997 – ): 5%

Gen X’ers and Millennials are now dominating

They are more globally oriented, tech savvy, and goals are broader

And I’m Mary Walden for the Economic Perspective, an NC State Extension program from the Department of Agricultural and Resource Economics