All Posts Tagged With: "Gen Y"

Youngest Canadians more stressed about money: poll

Shortage of work blamed

A survey of Canadians from 18 to 80 found that respondents in the earliest stage of their adult lives are more likely to stress over money than anyone else as they struggle to nail down good jobs.

The online survey — conducted for Sun Life Financial — found nine out of 10 respondents aged 18 to 24 experience “uncomfortable” levels of stress, with money and work two of the biggest factors.

Those in the next age brackets aren’t doing much better, with 80 per cent of respondents between 25 and 44 indicating they are also stressed to the max from job and financial concerns.

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Success at 22 is depressing?!

Scaachi Koul: it’s more depressing to hear this girl complain

multi-bits/Getty

When I graduated last month, everyone told me that it was the beginning of the rest of my life. This, they told me, was when it would all start becoming really difficult, and it would show what I was made of. I would come into my own.

But why didn’t anyone tell me I wouldn’t get everything I waaaaaaaaaaant?

Taylor Cotter, a 22-year-old American writer and editor, already has a job, an apartment, a 401k and financial autonomy from her parents. But she’s sad. She’s sad because things are working out for her. Cotter, you see, never had to struggle for her success the way others have had to. From her blog post on The Huffington Post:

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Fred Penner came back, the very next decade

University students connect with their childhood entertainer

Evolve Music and Awareness Festival (Moe C)

Emily Slofstra, 24, is one-fourth of the Tra La Las, a band of Wilfrid Laurier University graduates who sing about the environment, income inequality and police brutality. “One of our songs is called Harper is the Root of All Evil, if that gives you any indication,” says the Occupy supporter, who grows her own veggies on an urban farm.

The Tra La Las attend plenty of shows in Kitchener-Waterloo, Ont. But without exaggeration, Slofstra says 65-year-old children’s entertainer Fred Penner gave one of the best.

Like so many twentysomething Canadians, she grew up singing along to hits like Sandwiches and The Cat Came Back. Now the man who crawled through the log on CBC’s Fred Penner’s Place each weekday from 1985 to 1997 has made a comeback by playing for people who heartily embrace his messages of sharing and environmental respect.

Continue reading Fred Penner came back, the very next decade

Study confirms Millennials are “Generation Me”

Twenty-somethings value fame and money over community

Photo by ABRAHAMY2K2 on Flickr

Millennials—those born after Jan. 1, 1982—are much more likely than Baby Boomers (now aged 50+) to value money, image and fame than things like self-acceptance, community and the environment, suggests an extensive new study in the Journal of Personality and Social Psychology.

The research adds to the debate over whether those raised in the 1990s are more self-concerned and individualistic than previous generations—the Generation Me hypothesis—or whether they’re more caring because they tend to volunteer more—the Generation We theory.

The results support the Generation Me hypothesis. The study, co-authored by Millennials expert Jean M. Twenge, was really three studies in one. All three are based on surveys that captured the values of millions of American 18-year-olds and college freshman between 1966 and 2009.

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Majority of Canadians aged 20 to 29 live with parents

Huge social differences between Gen X, Gen Y and Boomers

Photo courtesy of h3nr0 on Flickr

Generation Y Canadians (those born between 1981 and 1990) are experiencing a very different life in their twenties from what Generation X (those born between 1969 and 1978) and the Baby Boomers (born 1957 to 1966) experienced. It’s all laid out in a new study in Canadian Social Trends that used data from Statistics Canada’s General Social Survey.

The most strking change is that a slim majority of Gen Y twenty-somethings now live with their parents (51 per cent). In 1998, fewer than a third (31 per cent) of Gen X twenty-somethings were living at home. In 1986, only 28 per cent of twenty-something boomers were with mom and dad.

Considering how many are living at home, it’s not surprising that far fewer are now married or in common law relationships. For the Boomers, 48 per cent were in a serious relationship during their twenties. It was 37 per cent for Gen X and 33 per cent for Gen Y.

Continue reading Majority of Canadians aged 20 to 29 live with parents

Generation Y me?

Young adults are staying in school longer, and accepting impermanent, no-benefits jobs

From The Toronto Star:

Generation Y grew up being told that if they were willing to work and study hard they could have it all: well-paying, fulfilling jobs that provided all the comforts.

But as they reached adulthood, secure jobs began vanishing, replaced by part-time, non-union work with little security, no benefits and odd hours. Then the financial crisis hit. Now, young adults are being forced to radically remake their life plans. They are staying in school longer to keep up with an “educational arms race” and accepting that life will be contract-to-contract, perhaps in different cities, and almost assuredly without benefits.

They are living in a purgatory of arrested adolescence, of delayed adulthood. They are unable to do what twenty-somethings have done for generations: settle into careers and start families.