New Times,
New Thinking.

  1. Business
  2. Economics
18 March 2016

What we talk about when we talk about millennials

When we speak about generational angst, we should not forget that we are really talking about class, and class expectations.

By Laurie Penny

It has been eight years since the Great Recession, and the current economic crisis has become a permanent state of exception. Early this month, the Joseph Rowntree Foundation released a damning report on prospects for young adults around the world. The condensed version is that we don’t have many.

For the so-called millennials, born between 1980 and 1994 and hitting adulthood just as the teeth of a global economic crisis closed around a technological revolution, the old “markers of adulthood” – secure paid work, living independently of your parents, buying a house, settling down, having children – are a vanishing dream.

Subscribe to The New Statesman today from only £8.99 per month
Content from our partners
Wayne Robertson: "The science is clear on the need for carbon capture"
An old Rioja, a simple Claret,and a Burgundy far too nice to put in risotto
Antimicrobial Resistance: Why urgent action is needed