Millennials in the United States

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Millennials, also known as Generation Y or Gen Y, are the demographic cohort following Generation X and preceding Generation Z. Unlike their counterparts in most other developed nations, Millennials in the United States are a relatively large cohort in their nation's population, which has implications for their nation's economy and geopolitics. They generally adopt a slow-life history strategy in that compared to previous cohorts, they tend to be highly educated, be less inclined to engage in sexual intercourse, marry later, and have fewer children, or none at all. Furthermore, Millennials are much less religious than older generations, though some still identify as spiritual. Millennials have faced economic challenges posed by the Great Recession, and another one in 2020 due to the COVID-19 pandemic. But they have been steadily catching up with their elders in terms of inflation-adjusted median household income and home ownership. They also maintain a high level of participation in the...

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