All Posts Tagged With: "Gen Y"
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.
