Definition

millennials (millennial generation)

Part of the Internet acronyms and lingo glossary:

Millennials, an abbreviation for millennial generation, is a term used by demographers to describe a segment of the population that came to maturity around the year 2000. Sometimes referred to in the media as "Generation Y," millennials followed Generation X and are the children of the post-WWII baby boomer generation.

A few things about millennials:

  • According the U.S. census bureau, around forty percent of the millennial generation is African American, Latino, Asian or of a racially-mixed background.
  • There are about 76 million millennials in the United States (based on research using the years 1978-2000).
  • Millennials are the last generation born in the 20th century.
  • Twenty percent have at least one immigrant parent.
  • A number of studies, including one by the Center for American Progress, anticipate that millennials will be the first American generation to do less well economically than their parents.
  • Millennials are also sometimes called the Net generation because (at least according to some people) they don't remember a time when there was no Internet.
  • As a result of growing up with the Internet and associated devices, millennials are often said to be the most technologically savvy generation to date.

This was last updated in October 2014
Posted by: Margaret Rouse

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