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- เผยแพร่เมื่อ 6 ก.ค. 2024
- Through bad luck, poor timing and worsening economic trends, millennials are turning into a lost generation. In this episode of Think Again, NBC News correspondent Andrew Stern talks to fellow millennials, sociologists and policy experts to break down how his generation finds itself on the brink of financial ruin.
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Millennials: The Unluckiest Generation In Modern History? | Think | NBC News
As a millennial, I take offense to this type of BS. I’m doing better than I ever have. I just moved out of a smaller van and into a larger one.
@Edward Gross No, don't let some of the older generation fool you. They had more good factory jobs, better worker unions, and degrees almost guarantee you a good job. Getting a good job with an education was a lot easier those days.
Congratulations on your upward mobility!
#TheStruggleIsReal
Thank you 1 3! This video is asinine and shameful. I know so many Millennials that are thriving because they majored in engineering or Pre Med. Kids that majored in art and minorities studies wonder why nobody will hire them LMAO
Hahahah did you move out from down by the river too I hope?
My parents told me if I studied hard I'd live better than them. At my age my parents had a house and a car and two children with only High School diplomas.
@King Mener global means the world. You realize america is only part of the world, not all of it right?
So did you study hard?
@@tiktakti6554 I'm a Biochemical engineer and I speak four languages.
@@guidoylosfreaksi don't get your point here. even people with highschool diplomas can get a car or house now. 150k in montana and arizona for a house, maybe not in the silicon valley. were your parents living in the silicon valley before? you need to realize that property prizes are volatile and most of the time go up. the problem here is not you studying hard, but you not being able to adapt. do you expect to get a mansion or a lambo after getting a biochem engr degree?
TikTak Ti yea my parents bought the house we’re living in for 18k with cash, they didn’t and still don’t have credit cards lol. Our house is now valued at about more than 100k so there’s a big difference.
boomers: “millennials are so lazy they never worked for anything in their lives”
*worked at a entry level factory position for 10 years and got a house, car and education.*
This is some stupid logic you have Millennials want to be oppressed so badly
If you are a millennial how do you buy a house ?
@user-db7jw8rw7x you have an idea
Its true. Was there any terrible unemployment during their younger years? Everything was pretty much given and built for them. They even had the voting power. If one politician was offerting great medical incentives, but the other politician was geared towards families, the aging boomers would vote for the politician offering medical benefits.
@user-db7jw8rw7x at this point dating sugar daddies or mommies sounds like a solution instead of a joke.
As someone in isolation, had to move back in with my parents, 29, you think its only you.
Watching this has made me realized it’s our whole generation.
We need to change the way we think and start living for ourselves.
I can't believe boomers are coming here and watching this and getting angry. Do they not even see how bad things are getting? Or are they just glad they got theirs, and are glad to kick the ladder down when the well runs dry?
It's not just you there's a lot of us out here feeling the responsibilities of being an adult while living with parents feeling like a kid. It's a mind f.
@@JennsCorner777 Hurts Gen Z more than Millenials.
@@daggerthedragon1582They’re just deflecting. They don’t want to face responsibility for their actions, but want to tell everyone else to.
Many don’t have the option to move back with their parents for so many different reasons and they are forced to get themselves into dangerous situations to survive
I found the American dream... in Sweden. I get to have an affordable home, time off with my kids, stay home for the first year of their life, healthcare, 100% child healthcare and dentistry, and when I was ready to go back to work, affordable childcare. Yes, I pay 32% in taxes, but it was 29% (federal and state)in the States and you get nothing. American exceptionalism is a big, fat lie.
How did you move to Sweden? Did you have a degree and just moved? Or ?
@@jennymarie2603 lol
Wow...happy for you but a harsh reality for us still stateside
Yes!! Same here, in S. Korea
Same here. I moved in 2018 to Europe and it's the best decision I ever made.
Yeah those "entry level jobs" that require 5 years of experience 😳
Seen a job in Seattle. "Social media marketing manger". 15$ an hour, but required masters degree and 1 year relevant experience.
Michael Stollaire TBAR CEO wow for 15 an hour... that’s a scam
@Michael Stollaire TBAR CEO $15 an hour for a job that requires a Master's is a total ripoff.
Exactly that is crazy
Ain't that the truth!
I hate that millenials are called lazy all the time. I have worked 12 hour days pretty much my entire adult life. I worked for minimum wage for 5 years after I graduated in 2008, that really killed any chance to invest or do anything but survive paycheck to paycheck
same. worked at an autopart store with a degree for 5 years after graduating in 08. luckily i got a few breaks and finally able to provide for myself and fam.
You are not alone. There are many of us in a similar situation. Our generation got screwed it wasn't our fault.
Same here
Why did you work minimum wage for 5 years? It sounds like you became complacent if you are of able body and mind. I graduated the same time and agree it was hard....but 5 years? No way
At my job boomers are always having water cooler conversations and take forever to write documents or come up with innovative ideas. Millennials are running circles around them yet they have the high salaries and cushy retirement savings
Even though what’s going on is really hard and difficult to get through, it’s weirdly and sadly comforting to know that I’m not alone and that we all have something to overcome together. I hope you guys are all doing well and keeping your head up.
I have been trying to put the pieces together for 10 years, it's been enough to make me mentally ill, I had suicidal ideation for years before I was diagnosed.
You too!
@Darrel Myrthil this is the nicest thing I read all day, thank you for spreading your light. 🤝 You improved my life and I love you for it!
@@Ozhull At least you know and hopefully there’s someone near you that does too. This and other situations are extremely tough. Not withstanding the pandemic, times can get so dark we don’t know which end is up and the worst stuff to do to ourselves appear to be the most attractive. All I can say is keep trying… Keep trying to connect. Keep trying to be here and keep trying to see tomorrow. I know those things sound super hard to do and it may seem like the days get predictably worse, but there’s always the potential in tomorrow. Every day has the opportunity to be different than the last. I don’t know you, but I’m glad you’re still here and I’m sure there are more people that think that exact same thing.
Yeah. Reading the comments makes me feel less lonely in all this.
dude I just want healthcare. I've given up on a house or finishing college. I just would love to see a doctor, maybe figure out why my body hurts all the time.
This comment made me so sad. I feel you. I never had access to consistent quality healthcare.
😞 America is a failed state
And even seeing a doctor is expensive af
I feel you, my friend. I was finally issued state insurance when I landed in the ER. Now I've chosen to camp in the woods in order to make sure I prioritize the surgery I needed a year ago. Let's hope I get my body back in time for winter.
Hey, At least I don't live in a city where I could get covid.
Also, I have a degree from Berkeley, graduated in 2014, been working steadily internationally, and was just starting to think I had enough experience to land a solid long-term job in my homecountry....ha. boom, no security when a health problem drops in.
I feel u fam
Born in the wrong year... or victims of corruption
Jet fuel doesn't melt steel beams.
I just want to know the name of the music in the beginning
Exactly!
The stork doesn't bring babies
Umm every American is a victim of corruption... this is America 🤷🏿♂️
Perhaps the most life damaging thing that happened to millennials was the "any degree is a good degree" narrative.
Sad truth. An idea that boomers inflicted since we were young. it worked for them and not us. They werent smart and did not adapt to what they taught us.
Definitely agree with this. Ultimately, you need to be your own career counselor in life. If you want to make 6 figures, you can't major in social work. Too many of us went into college without a coherent plan.
Exactly
I hold a BS in economics a very practical degree for the corporate and government world and still am underemployed for the last 6 years
@@Lupinthe3rd. What is the job title you have? What job title do you want to have?
I am 34 millenial and have been homeless most of my life. Not because I am lazy, because my mother tried to cut my throat and my dad said their divorce was my fault!
My horrible childhood has led to a pretty negative adulthood.
You deserve better. A real childhood. A real future.
I am sorry that happend.....but try not to let that hold you back. You got this
It's okey to be have problems in life , It's okey to walk slowly then others in life , but please don't walk backwards
Remember Biden loves you 😂😂😂😂
I am the same age. How has it been 11 months later since this comment? I was not homeless but my parents are narcissists. My father's alcoholism became worse and the narcissistic mental abuse became worse as I was 18. I couldn't get a job, they were trying to kick me out and force me to get a job. I was going to university but apparently that was not enough.
Reason why the minimalist lifestyle became so trendy. We can't afford anything. 🙄😏
Well most minimalist spend a lot of money looking like they don't have money, the people I see spends like tens of thousands to remodel and make things look efficient, using an architect to design or what not.
@@gilbertoflores7397 huh?
@@ricardo9013 people seem to spend a lot of money to be minimalist. Being minimalist in most sense usually involves remodeling and tons of construction cost to look like it was effortless.
alternatively, the inability to reach the same levels of wealth as the previous generation has made people realize that maybe the pursuit of money does not guarantee happiness
Vanlife is a cry for help
My boyfriend is a practicing attorney and he cant afford his own place. 31, living with mom, but still working 70hours a week in a suit. Ya wonder why we are depressed????
Which state or city are you two living in? If it's California or New York City then GTHO there quickly!
And that’s a good job but I fix and clean pools for a living work 110 to 120 a week 8 years ago I only need to work 40 hours a week idk what changed everything for me it’s the same
He’s only licensed to practice law in New York and California😭 and yes, we are in CA
I can’t believe people tell you to move. It’s career or happiness like that’s the issue. Cost of living is the issue. You shouldn’t have to choose to move. Government responsibility is to fix it yet are doing nothing.
@@LIz9112006 naw bro, California is like 4x more expensive to live in. Just move lol
“That's why they call it the American Dream, because you have to be asleep to believe it.”
― George Carlin
what a brillant comedian may he RIP
He would have so much material now! He is so missed.
Lol take me now 😁
It’s not only america why it’s only about you. The whole world is like that
I don't get it
For me (millennial) who has A & B in High school, spend thousand of dollars at college for 6+ years to get a college degree (with an A this time around). Been studying his whole life because he was raised with the idea that good grade give you a good job and good jobs can turn into a career of which you enjoy to the point that your not actually working, your having fun (and getting paid to do it too). After all this time I can finally say this:
Do you want Fries with that?
Thats exactly why i skipped college and people still ask why im not in college. Met too many adults who work the same jobs i do with a degree
@@SeudXe I keep telling this side of the story to these degrees thumpers but of course, it falls on deaf ears.
I was in collage and don't get a job, because I was Studing (?)🤷When I leave the collage I also don't get a job because I was "old" (24-25 years), I finnaly got a entry level job, my maneger was awful, she put me to work in every single turn, I worked from 2:40 pm to 11:00pm and she put me some times to work the other day 7:00am and I was unnable to by anything because my wage wasn't good enough, my country is broke and I'm not good in my personal life. I thought it was just me who was in this situation, even though I am not americam I belive that is a global thing for our generation.
And those r the real jobs lol😂🍻🍺gotta go out there n get it
Maybe that’s due to you switching from first person to third person half way through this anecdotal story.
Meanwhile my boomer grandparents be like "You see this 3 bedroom, 2 bathroom house?" Paid cash for it on a grocery store income
Lol
If only...
I had my grandparent's original mortgage. Adjusting for inflation I paid the exact same price 60 years later. Their mortgage ran 10 years because any longer was prohibited by law and the interest rate could not exceeed 5%, but yeah totally equal.
So true
I keep saying “STUFF WAS CHEAPER WHEN U WAS A KID” 🤣🤷🏻♂️
They blame the timing of when you were born Instead of blaming the leaders of our country for Mismanagement and greed
The "invisible hand" does not work. Regulate capitalist swine so that capitalism benefits human beings, or just go socialist on some basic things.
Yes, because leaders have always been greedy. And maybe they didn't mismaneged, maybe they just had to cope with the rules of a neoliberal logic.
@Sylvester Steel obama came in after the recession dummy
What about covid tho
basically its the timings fault not the fault of the people that came before us they did nothing wrong. Now we vote those same trash bags in as presidents and government leaders and we are wondering why everything sucks. You want to change things people then stop electing these trash bags and demand removal of these people from high level jobs and high level government positions.
This hit me to the core. I'm a millennial that was sold the same "American dream". Go to college, work hard and you'll live a comfortable life. I worked hard in high school to get in a good college. I worked two jobs to get a bachelor's in Economics. Then, I kept working hard with a demanding full time job while I got my MBA. I worked hard every fing day to only see unqualified people move up because they kissed a$$, slept with management or knew the right people through family members. The fact that I am a minority also hurt me. I worked for multiple O&G companies and they only promoted non-minorities. You never saw a minority in management position. I was considered cheap labor and had to work longer hours and weekends. Whenever I tried to advance to the next level, I was told I was under qualified or over qualified (how is that freaking possible?). It breaks my heart to write this because I am a humble person that truly believed hard work and being a good, respectful person paid off. Boy was I wrong. Ten years later, I am technically at the same job level, however, with a ton of experience. When I ask for a higher salary, I am turned down. Frustration does not begin to explain how I feel. I AM ANGRY. I have thousands of dollars in student loans and make peanuts compared to where I should be. I haven't been able to buy a house and now that the housing market skyrocketed during the pandemic...I don't know if I will ever be able to afford a house. I will have to move an hour or more outside the city to find a decent home. Basically live in rural America. Additionally, I put off having a family because of this. (Do you hear my heart breaking some more?) How can one afford a decent home, work long hours, pay for child care and basic healthcare? It is nearly impossible. Work, work, work. It's a vicious cycle that never ends. My heart goes out to our generation and those younger. There are a lot of good people, working hard to secure a decent life but aren't able to. The earlier generations that say we are lazy and expect handouts, that is absolutely wrong. We want to be valued and respected for our hard work.
I'm there with you.
I hear you.
I love you man. Stay strong!
That's white America. Minorities need not apply. Hahaha
Not only in America. Same almost everywhere I go: Italy, Russia and even Netherlands. Same same same
My dad told me that since he bought a house washing windows 30 years ago, theres no reason I couldn't. He just doesn't understand, nor care. And guess what? I learned to not waste your time on people who waste your love.
Remember when Boomers blamed Millennials for being lazy?
Green Envy you’ll be aight
@like_totally_pending_approval weird, I've never seen a lawyer who couldn't write past a 5th grade level. You must have passed the bar without writing. Please at least attempt to know what you're talking about before you take on a blatantly fake persona.
Green Envy remember when Boomers called Generation X slackers Pepperidge Farm
remembers
like_totally_pending_approval I’m a lawyer too and have been fortunate compared to the people in the video. Have some humility and gratitude.
Some Boomers just aren't aware of how lucky they are/were to be born at their time...
Boomer mindset at 21: Get married, get house, and get kids.
Millennial mindset: Survive.
Edit: To all the boomers in the comments. The problems not that we are lazy. The problem is those jobs that you all have that pay well are unavailable to us. We are stuck with jobs we have to work hard at while getting paid scraps. With 0 chance of promotion or getting out to a better one.
You forgot the bit where you took 6% interest rates years and your business and bank account gets bailed out by the government and interest rates drop to zero. A mass immigration policy to keep pressures on wages down and house prices increasing or landlords thriving, whilst simultaneously outsourcing remote working abroad, loading up the generations below with debt for education which could be done nearly completely online whilst subsidising the education of their future competitors.
@@Floweringlotus we didn't ask for a pandemic nor overregulation of our lives. Not to mention the 1% and the awful federal reserve bank insisting on raising the cost of living through inflation to protect themselves. In the process they screwed over Millennials and some older Gen Z.
YESS lol
Gen Z mindset: Eating tipods.
Yet they don't know how to survive, because they didn't learn anything from boomers.
Thank you for this video. I'm the first person in my family to graduate college (in 2005). I have 163k in student loan debt, have worked hard my whole life, and even joined the Army to help pay for school. I can't afford to buy a house, can barely afford to pay rent, and have very little in savings. I got a Master's and I am a social worker. All I want to do is help other people and be ok myself. It is hard to not let bitterness, anger, and depression swallow me whole. Videos like this help me not to internalize all of this as a personal failure on my part. Thank you.
"All I want to do is help other people and be ok myself", that resonated hard. I believe that is the true theme of millennials.
I thought being in the army for 4 years pays for your whole 4 year school tuition
Keep your head up, our country needs helpers. God bless you and your community.
Imagine having poor parents on top of this.
I don’t have to imagine……
I live it daily
The truest measure of a society is how they treat their children, their elderly, their sick and their prisoners.
@@coke5204, WHICH POTUS ?
@@coke5204,
Yes, Fake President Trumpty-Dumpty does indeed care superlatively for "the disadvantage" that the less well-off have to suffer under his despotic reign of tyranny ; as well as for the disadvantaged that he absolutely needs as fodder for his ongoing delusions of adequacy.
And how they treat their animals
Don't forget to include animals too.
Every society is as strong as their weakest link.
I love how the establishment media is pushing the idea that we are unlucky instead of realizing that we were set up to fail by the past generations.
@Alex Jay This victim narrative people paint does nothing to help the situation and just feeds the self-fulfilling thought some millennials already have. We are way more capable, and we have more options these days for paths we can pave.
Ben, you have my apologies, but PLEASE - don't be the victim. My parents were orphans during the Great Depression. They lived on stale bread and left over coffee. They bounced around from household to household starting at age 9. They somehow were able to provide a happy and loving home to my brother and me. They were generous givers even when we had very little to spare as I was growing up. I was taught compassion, forgiveness, and love. I don't know how they did it, but they lived to be very old, very healthy, and very kind. Yes, we failed you, and EVERYONE is paying the price. Be better than we were. Show the world you care. Nature is suffering the heaviest consequences of our folly. Protect the Earth. She needs you desperately. I hope you find peace and comfort as your life progresses, and I hope you can save the most precious and innocent of us all, and I hope the world rewards you in kind.
And again, you blaming the past generations
@Alex Jay the old bootstrap argument. Classic. 😂.
I think you guys in the comments need to hear him out just a bit. I hear where he is coming from. Think about it. Has the grand scheme and the way we have set out society up been w/o fault? I agree...don't play the victim card. But, he has a point that the way we (previous generations) have been running things (and are continuing to run things (Yeah, you Congress)) needs to be really looked at as maybe we need to try something different.
Boomer: I just bought my house for 90,000.
Millennial: Did I just buy that house (from that Boomer) for 450,000?
Boomer: Welp, my car just hit 300,000 miles, time to get a new one.
Millennial: What do you mean my engine blew up? My car only has 80,000 miles on it?
Boomer: I had to work a summer job to pay off my Bachelors Degree.
Millennial: I worked as a cashier for 10 years to pay off my Associates Degree.
Millennials are just cash cows for the previous generation and “our turn” is not coming anytime soon.
Well explained
Wow this is some stupid logic you have if you really think that boomers had it better you are clearly wrong
I wish there was a more straightforward exploration of the fact that legislators never passed any legislation to help Millennials in the same way that legislation was passed to support Baby Boomers and previous generations. Even getting a reprieve from student loan debt, which is literally crippling Millennials seems to be a far flung dream that Boomer-aged legislators will never let happen even though they have received government support in myriad ways in the past.
It's because we don't vote. Baby boomers just about anywhere in the world have the highest voter turnout of any generation.
Baby boomers also believe in self responsibility. If you take out a loan you pay it back. Simple concept that seems to ill use many many.
@@ianalan4367 to be fair, it’s easier to simply “just pay it back” when those loans boomers received were a fraction of what millennials are paying for an education. Even with inflation, the price of an education was much more reasonable back then.
@zirconia: Yes, that’s a fair statement. Not just the cost either. More so than prior generations this one faces misleading promises. Many of the degrees they tout are not worth much. The terms of loans that many agreed to were ‘bad investments’ as well. Unfortunate that many have been either misled or simply didn’t have anyone teaching them the basic skills needed to determine if collage was even the best route to go. I didn’t have the money for collage so worked my way up the Corp ladder in food and bev. Started out washing dishes lol
Took longer than a four year degree but I’ve managed to make a living and don’t owe anyone anything. I’m sure I could have done better but it’s nice being where I am without any government assistance or outstanding loans. There are still those type opportunities (work up from nothing) for people who are willing to make the sacrifice needed.
Peace to all!
@@ianalan4367 Yes, Exactly!! Students were so mislead and uninformed that the loan and collection companies were brought before Congress to explain their actions. And that is wonderful you were able to make a way to work to a debt free education. Affordable education is definitely the least the country can provide to our men and women in uniform. Thank you for your service 🇺🇸
Kids? Can’t even feed myself...
Definitely a good idea to not have any...
@@jeep19 true
@@jeep19 The economy sustaining the increasing World population is already at the very risk of it. Think about the global population would be 10bil. people in 10 years or 13bil. people in 20 years. (Hypothetically) Do you think all people will be able to sustain their life happily with limited resources? I don't think so..that's why the increase in population is not always a wise way for our global economic chain system. I'm mid-20's and not a rich guy, so I can't afford to make a new family. I'd rather feed my parents than having another child. I'm with you, dude.
I only laugh because I relate to this...
@@UnaestheticGoblin lol
Millennials are the equivalent of a joining a game of Monopoly after all the Properties have been bought and each property you land on has 4 houses or a hotel.
And the game isn't even supposed to be played that way. There's an intentional limit on the number of houses and hotels available for use on the board.
Expert Monopoly players don't buy hotels, specifically to limit the number of houses available to everyone else.
I wish I can give this more thumbs up because you hit the bulls eye with 100 accuracy
Millennials and gen Z have had access to cheap bitcoin... Yet most were to lazy and dumb to take the opportunity.
@@jandersen6802 Access would imply we had money to invest with. Sorry I was too busy trying to survive instead. Boomers were too lazy and dumb, millennials were too poor.
Dangerous Koin and Boomers feel entitled that their 1970's $30k is now somehow worth $500k! 😂😂😂😂😂 plus all the Toxic chemicals they made/dumped into the planet...they literally Trashed the whole world in a Single Generation!
When told by my parents that if obtain a degree my life would be perfect & everything would fall in place, money, house, material possessions etc... realized early on after college that this wasn't the right move. Became a union trucker that goes home every night, have a pension and make well over 6 figures. I decided that switching from white collar to blue collar was the move and now my parents realized that maybe college ain't a smart decision when you can do a labor job that pays extremely well
A lot of people discredit trade labor. Now there's a shortage and those people in trades are getting paid a premium for their services.
schools prep students for college and not trades. I went to a private school that had a co-op with a local trades school. There was one kid who went to that school and was SEVERELY bullied for it. The social expectation of the school was college, anything less was an embarrassment - like you aren't good enough. Getting people into trades starts at home and at school. It needs to be normalized and not looked at as a fallback.
Discovered the exact same thing. A degree is a thing of the past,
but Hillary Clinton and Media propaganda had to convince you that
you needed a degree. I'm at an Amazon type warehouse for 7 years, I'm $19.00 per hour
worked my way up. I knew in my heart that College wasn't for me because it cost so
much money and no guarantees, so I followed my heart and let it go. There's also prestige and a kind
of honor and bragging that comes with someone who has a degree vs someone who doesn't. But I'm doing
better financially than all my friends who work mediocre jobs and have mortgage size student loans to pay back!
Yo, the College dream, unless your going in the medical field, computers, or engineering is a waste of time and money.
The shortage of blue collars whether skilled or unskilled labor is unbelievable like you've never seen.
@@impactodelsurenterprise2440 Yea because they demand experience and for 100 new positions that require experience there are only 10 intern positions. What are they even thinking.
Another thing people don’t talk about is the fact that in the past, it was assumed that internships would include some level of pay. Nowadays, it’s the opposite. For most fields, it’s assumed that interns will work for free for “experience” that often doesn’t involve more than secretary work.
But according to the vid the problem is only "timing"....
EXACTLY OMFG
@@tonysantos6345 Yeah, they should have timed their internship in 1956
"Unpaid" is nothing but slavery. It is outlawed by the Constitution. But "trickle down" mafia corporations control the government (hijacked Supreme Court "Citizens United" etc.) and have been getting away with such crimes. Any FAKE "business" doing slavery, so-called "internships" without pay, every single executive owner board member etc. ought to be jailed for violating the Constitution.
I had a person over 70 tell me "You should quit your job if it doesn't offer a pension and find one that does"... My response was most jobs dont offer pensions anymore.
This!!!
A pension....... haha, what's that
I was able to get a small pension, but the company stopped adding to them in 2002 and abolished them for new hires a year later. Now it's 401K (a joke, as I later found out when I began to manage my own money) or nothing.
Now, pensions are called a 401K. One who is planning for retirement has either that, an IRA or some other financial product. Times have changed; even I know that many career fields do not offer pensions.I think the old guy was probably thinking of something akin to retirement income in whatever form it takes, rather than the traditional pension my father received.
2016 election I had boomers screaming me that stocks and bonds are important.
something like that.
their feeble perception of what an economy really is.
As a struggling millennial, I hate 2 things the most about the job market:
1. "Entry level" jobs that require experience.
2. Keep applying for a job that you're 100% qualified for multiple times, never receiving a call from the recruiter, and keep seeing the same job posted month after month.
These should be illegal.
My advice to struggling millennials is: get any job you can even if it is outside your field of expertise and build a business on the side that will grow organically. Worse case senario: use the knowledge and connections built around your business to land your dream job. I have 2 bachelor degrees one in Accounting and another in financial economics, and a master's in finance. After applying for 50 jobs a day for a year and a half, I ended up working as a security guard. I am building an investment company on the side and it is going very slowly but surely.
@Jessica Smith Just stick to something like a Computer Science or Engineering. If you are actually good, then you will get hired.
@Jessica Smith You are right. It is 95% who you know. Things are changing very fast. Back in 2009, I had a classmate who graduated with BA in Art with 2.4 gpa and got a job at an investment bank with $65k starting salary, but they wouldn't hire me with my double degrees with honors. Accounting was a safe profession 10 years ago when I was an undergrad. Not any more. Things are changing very fast.
If you know what you want to do and are passionate about it you could go into any field you want, but you must have a SOLID GAME PLAN. I have wanted to be financier since I was 12 years old. My game plan was to start an investment company after a 15 years career at a firm. Being unable to get a job, I skipped the career part and moved directlyto entrepreneurship. I am passionate about finance and it is one of the rare fields with unlimited income potential as an employee.
If you are not sure about your career goals, I suggest you postpone college. You will figure it out down the road.
Engineering is a very tricky field, entry level pay is relatively high but no employer will pay you $200k - $1 million annual bonus. Besides, a retired IT engineer told me that the field will very autonomous and less engineers will be needed. But we will see.
Good luck.
Wow. That sucks. How did you even find 50 jobs a day to apply to, and for a year and a half?
@@shannon2748 Initially I applied for jobs within my field of interest. After that, jobs outside my field of interest. Later, jobs that I was overqualified for (after trimming down my resume). I had also reapplied for jobs that I had initially applied for few months prior. Believe me there are jobs out there, many employers are just waiting for the "perfect candidate" because they have so many offers. It is like trying dating a woman that had been told over and over again that she is attractive. After awhile, she will raise her standards very high, passing on many men that aren't "good enough ". This is how we end up with entry level jobs that pay $15 per hour requiring 3 years minimum experience and a bachelor's degree with high GPA.
Good luck!!
As a person in their early thirties, everything feels miserably impossible as far as homes and jobs go, and everything is so expensive that I feel like I break even monetarily every week
I started working full time just after the 2008 crisis. The economy took years to recover, then ten years later we were in another financial crisis with Covid. Now we're facing high inflation, stagnant wages, and pretty much a guaranteed recession in the next few years. Our generation really got the short end of the stick. We never got a chance to breathe and accumulate wealth. Baby Boomers have houses that they bought during their working years that shot up in price, meanwhile our generation has to wonder if buying a house is even financially possible.
Stop voting socialists into office.
a lot of baby boomers I know have 2 homes (or more). Not all, but a lot of them.
@@bewareofchild2462 at this point I wonder who will take us out of the crisis
@@josem588 Sadly if history is any indicator it will be a war to end the economic problems. Sadly.
@@bewareofchild2462 also I wonder if we will make it past 2050
Who else thought they would get paid a decent amount of money if they graduated with good grades?! 😭😭😭
I'm gen x, boomers rigged the economy in the 80s so everyone had to work for them, this isn't new.
TheLegendHimself sike.
How dare you assume such things. Lol
People who graduated without knowing anything about the world.
My boomer professor at grad school did try to warn us. She had a sign on her office door that read "nobody cares WHAT your GPA was."
@Zerk ' I worked at a shelter where men in their 70s borrowed $4000.00 in student loans when they went back to school at 40 (for all of you who think boomers lived a cake walk) bc no jobs or jobs went overseas or tech or grad degrees replaced workers or 40 was just the end of getting hired), and now had $80,000.00 in student loan debt bc they believed unemployment was their own fault and they needed to go back to school to retrain, or so was the lie they bought into. They were homeless bc they couldn't get hired at 40 regardless of the degree they held as their kids were 20 and getting multiple degrees and being recruited!
You do know that student loans can't go into bankruptcies right? Do you also know that they come out of your disability and SS? And do you know that any social service is dependent upon the amt of money you are AWARDED, not the amt you actually receive after student loan deductions?
Think kids, think.
This is so relatable. Always starting over and underpaid.
Always another internship or fellowship or some contract position
Your words sound like ‘victim’ mindset. Focus on positives and you will see the opportunities. It’s not easy being an adult.
@@susanmercurio5098 Not even my work speaks for myself.
I mean, most millennials don't have kids so no worries
Exactly. Well said. 😔
I love that I am scolded for being born! On top of this, the older generations blame us for anything they don't like!
The nice thing about having been born poor and miserable is that even as the world burns around you, there's really nowhere left to go but up. Sure, my wife and I have hundreds of thousands worth of debt that we will never pay off in our lifetimes and collectively make less than $100K a year, but we are both doing better than ever. Throw a few more civilization destroying disasters our way. We can roll with it; perhaps even thrive.
I'm sorry to hear that. You have the right mindset though. That's what separates you from the average "millennial".
Me, 29, unemployed, unmarried, childfree, living with my parents and a little drunk in December 2020: "This speaks to me."
I'm 32 and it's the same for me except I live with my siblings. That's why I'm so happy I joined the military back in 2007. I didn't even know the recession was a thing until 2013. I have my $3100 /month VA disability pension and it has saved my life.
big same
Why is this litteraly me.😭😭😭 well its never late..
Yeah, I'm 30 and this is my reality.
This is me except I am not a little drunk more like a lot high. And I had to learn to grow my own trees because weed is expensive
"Unluckiest". I think, "actively screwed", would be a little closer to accurate.
Well said
With no rubber or lube 😜
Shut the f up and listen to the Comcast employee. It _all_ has to do with timing, like hurricane season. There's just nothing you can do about it. Move along!
explain. sounds like you're complaining.
Exactly!
I hope all the 80’s & early 90’s kids watching this video are still grinding and doing what we can to be happy and financially stable… We got this y’all!! 💪🏾❤️❤️❤️❤️
We are here, but I disagree that we should take this as an individual endeavour for each of us to solve. This is a social issue and we'll only "get this" when we pressure for social change
1984. Worked two jobs while working on my PhD and a separate graduate degree. Paid off my loans, but saving for that down payment. Turning 37 next month. Maybe I'll have a house by 40. It's a grind but our generation has grit. They are afraid of us because they don't understand us.
You see the cup as half full don't ya...
@@greyrock9747 1983, here. They are afraid of us because they don't understand us. is fact
The truth is we don't "got it" this is ridiculous! Housing is extremely expensive, student loans, health care. And Lord be with you if you have children. It's crazy out here. I used to be able to feed my family of 6 spending about $500/Mth now I'm spending around $800/Mth and thats getting necessities.
Also, soda drinking was normalized in time for some of us to ruin our adult teeth during our teenage years by drinking the stuff like it was water. Getting the damage fixed costs a fortune.
The biggest lie ever told was that you need to put yourself in serious debt with a 4 year degree, when you could have just went to trade school and been making real money.
No crap im 25 and doing just fine got into ibew im an eletrician job markets good it gets slow every now and then just as it always probably has. People just dont want to do labor
Education doesnt pertain to just school all knowledge is power
A lot of trade schools are scams though. I got scammed by one. Gotta be careful.
College was cheap in the 60's . My 1st semesters tuition was $ 120 . Now that wouldn't buy a textbook.
They pushed University so hard and didn't bother tell us about trade options! If I could go back I'd learn a trade!
Its more complicated than that. Many women can go to trade school but people won’t hire them. Coming from someone who tried.
I’m 35 wifeless and no kids. Too afraid that I couldn’t afford either.
YOUR WINNING !!!!!! man
The Perfect 2020 Vision that will only happen if you let your drug or alcohol addiction take over your life, wifeless or not you’ll ended up under that bridge and death after a few years.
Or an incell oof
@The Perfect 2020 Vision I'll eat a snubnose before I ever become that
I made 75k last year, I been out of work since March
32 single, no kids.. I make a decent money but I'm still paying off debt from the last recession. lol.
luck doesn't have anything to do with it. This nation has been sold out from under us.
sometime I really feel we have been betrayed by the educational system.
Capitalism made it so, if you're not the best from the jump (little to no experience) then you're not worth the time. Which makes the pressure of being educated and have work experience difficult to obtain simultaneously in your field. So yeah, multiple systems failed on the way here.
America isn’t an elite country anymore. I knew this before the pandemic and the pandemic only further proved this.
Go live in Columbia and let me know which is better 🙄
@@creedbratton606 go live in any other first world country and let me know which one is better 🙄
Vera Domfeh America is better smh it’s not the winners fault that there are losers in this world. Capitalism is a system that determines who is smart and who is poor. That’s just the way it is.
Plutonium never said it couldn’t but the truth is if people like you who hate America and hate living here then you know you have a right to go somewhere else if you wish. Simply hating it won’t change your situation.
Creed Bratton classic response from someone who didn’t read my statement. I said it wasn’t elite anymore that has nothing to do with hating America. R-E-A-D.
You missed the early 2000s recession that a lot of older Millennials graduated into, so it's 3 different recessions over a period of 20 years.
And 2 for oil industry 2014 ans 2020
Because that begins to destroy the thesis that Millennials are especially unlucky and reminds everyone that there was also the recession in the early 90s, and the one in the early 80s, and the rampant inflation and oil shock of the 70s...I'm not sure what the answer is, but dividing everybody by demographics is probably not it.
I just think America is cursed to continue robbing it's own people. It was always successful and built on the wealth of mass. No surprises here. The only reason America will fall is the demand for equality, then the rich and powerful will either flee or flex and make things worse. Either way, the citizen will be left with the tablescraps, and we are already tired of fighting eachother for those. Big changes coming to America, it will be a little painful
@@TheRealCantaraBella some people misinterpret the demand for "more equality" as "absolute equality". Normally wealth is automatically redistributed back into the economy, either through their personal spending or investments into new businesses. More so than ever now, this money is not being circulated, being stashed into trust accounts or offshore tax havens, used to buy political influence, invested into big businesses that stifle market competition, used to invest money in foreign countries with cheap labor. Whatever it is, left up to the rich people themselves, the wealth is not coming back to ordinary Americans
@@danielromerosol4158 Nixon bankrupted the country and linked a new fiat currency to oil imports, so much winning in the US since then. Things they don't teach you in your American indoctrination camps.
“The unluckiest generation in modern history”
Zoomers: Is that a challenge?
How do you figure? There are plenty of jobs available right now...
@@herbhungry7565 And millions that were also destroyed and continue to be destroyed by the delayed economic impact of Covid-19 and those Covid stimulus checks
@@herbhungry7565 someone tested the claims that people dont want to work.. they applied at all the companies making these claims and only got one interview.. i dont know how these people are benefitting from this scam but its pretty much some kind of scam theyre running.. maybe tax credits or something.. didnt everyone get those stimulus loans that didnt need to be repaid if they kept their employees? what happened to that?
@@thothheartmaat2833 It's a funny thing isn't it? Pizza hut did that to me actually, they have signs up offering "up to" 18/hr for delivery driving, when I came in for my driving record check and face to face with the hiring manager, he told me no its only minimum wage, but "bro the tips are where its at though"
Then I never got a callback, and ended up going with the restaurant that was offering me 17 +tips for a line cook spot.
Small businesses are struggling to get workers, and big businesses are scamming and taking advantage of the unique circumstances. This is the conclusion i've gotten too.
Its related to the PPP stuff from what i've read as well. somehow they are able to get reimbursed for the lack of workers and "lost profits" etc.
@@herbhungry7565 yeah, minimum wage jobs are hiring....
"Millennials: The Unluckiest Generation In Modern History?"
If WW2 is modern, I disagree.
Ironically something as deadly as ww2 is what took usa out of the crisis of 1929
We millennials have the most difficult adulthoods in recent history, but we probably had had the best childhood growing up in the 80s and 90s.
Its only gonna get worse for Gen Z
Pokemon was pretty great but I"m not sure it was a fair trade
Anti-Leveled gen z still had the opportunity to become coders and train for higher paid jobs the first Time around. Not everyone but it’s still a smaller advantage growing up in a different era :
@@anti-leveled142 I'm just old enough to remember losing our house to the crash in 2008-2009 and I just graduate college a month ago. This is gonna scar our generations for a long time :( thankfully I'm in the fitness and health industry so at least my field isn't totally dead. But it's gonna be so tough and I hope we stick together
This is true, but I'd trade every toy my dad bought me for a few more hours with him on the weekends as a kid. Learning my wonderful childhood was built on the back of my father at the expense of his health and sanity really makes me wonder if all this materialism is worth it
6 years of college it'd be nice to find an employer that pays more than $12/hr
What state/county are you in?
Same, six years, two degrees and I couldn't even get a call back from the dollar store. That one hurt.
@@86yourhopes Overqualified, they expect you to move on ASAP if they were to hire you. Not saying it’s right but just an explanation. There is a lot of waste with business expenses for short term hiring.
All the people in this comment thread, sharing their person success stories as though it invalidates the experiences of millions of millennials.
I'm just now watching this in 2022, as someone on the younger end of being a millennial this hits hard. Gonna send this vid to both of my parents. Mom will probably not even bother nor care to watch, very boomer energy. ¯\_(ツ)_/¯
We're always just the lazy ones who didn't pull ourselves up by out boot straps. My family is the same way.
@Squelch Otron I used to lift like double my own weight for min wage. That sucked. Working hard is stupid. Work smart do something smart not hard.
According to the boomers our 10 bucks a month on Netflix is why we’re broke.
Personally had to take out a loan for my avocado toast. I am financially ruined.
It's at least part of why.
T S ok boomer
The bigger picture would be money management. If you are broke, wtf are you doing paying for a Netflix subscription? That is a leak of money that is most certainly hand in hand with many other poor individual decisions.
The world might be a difficult place for many reasons, but it should be a no brainer to realize that at least partly the reason you are broke falls within your own responsibility.
MrHighway meanwhile they spend like 100 bucks a month on cable
I graduated with a bachelor's in 2007. I served in the Navy. I went back to school and graduated with a Masters in cybersecurity in 2020 and I have a certification. I can't even get an interview despite all the networking I've done. My dad had disowned me saying I'm a failure. I have more education than he does. For anyone who thinks this situation is your fault, it's not. This system is ducking trash. I don't know why I even bother trying anymore.
try upwork or become a freelancer that helped me a lot. Jobs will be presented as u meet more people on the industry not really your fault but try networking with people as well.
Contracting is the only way these days it seems.
You’re not a failure. I’m sorry your family called you that. Will the VA help you?
Me getting an engineering degree in cyber security in my 30s’ 👁👄👁... and I can’t play the housewife card with this student debt 🤣🤣🤣 , I wish you the best my dude
@@jakweed I've already switched careers. I'm starting a master's in epidemiology this fall. Best of luck to you.
I'm terrible with money, so I'm just doing "okay" But I think I may be a outlier for millennials. I never finished high school (short on credits and was working full time) and obviously didn't go to college. I've bounced around from jobs but I've always worked. 4 months ago I was a box truck driver making 17$ a hour getting about 36 hours a week. And now, I make 43,600 a year in salary at a office job that I really don't do much at, I'm single, Own my car, and have 0 debt. IT IS ABOUT LUCK, NOT HARD WORK. Let my story be proof.
No matter what, I'm grateful to be part of the last generation who grew up playing on the street. I remember I was 17 years old when Facebook came out, but still most of my friends (me included) didn't have Internet at home. I got my first smartphone when I was 21. I have so many great memories of my childhood. Now I'm 31 and I still don't really know where I'm going. I wasted my 20s. But it's never to late. Age is just a number. Stop looking at the past, stop comparing your life with the life others, you can still archive all of your goals. If there is one thing my life has taught me, is that our generation, the so called millennials, is the last one that knows what it means to get punched in face, to fall hard, but yet to still get up, every time, over and over again. We know what it means to face difficulties. Be grateful for this. Kids today are so spoiled. They get everything they want. But remember, good times create weak men. So, stop complaining, get up and start living. Cheers.
"If Americans want to live the American dream, they should go to Denmark." -Richard Wilkinson
And pay extremely high taxes? No thanks.
I went to Japan...that was the most empowering and depressing experience.I was able to live on my own, not rely on roommates, I was able to save up money and I did not have to work two jobs-I couldn't do that here in the U.S. That is the most depressing feeling in the world.I want to make my country great.
@@kevin15776 They get healthcare, eldercare, and college education for their taxes. They come out way ahead of us.
@@kevin15776 if i pay you 1 million dollars an hour but tax it at 95% would that still be too high taxes for you? The tax rate isn't everything.
@@sxdarknessxs Absolutely too much. Who are you to take 95%? What have you done for me to take 95% of my income? It's basically theft at that percentage.
I think it hit the millenials in the US harder because of student debt.
🤣 yes and no.
Students are told that college is their best bet and degrees are necessary for certain fields. Student debt is so normalized and schools don’t teach financial literacy whatsoever. No one told them to accumulate debt, but no one told them to not get debt either.
Sunkissedguy if the president forgives all student debt we will be able to buy homes and save. That’s the only way.
It's time to pay for your college partying. Never go to college, worked as handyman, OWN car and 1b apartment in Los Angels 100% debt free
@@Bekssss what if I don't want to be a handy man? Or in the medical field or engineering? Are we supposed to take on careers that we aren't passionate about? If that's the case then what's the point to existing?
This video is literally my life. Graduated college in 2008, after just getting laid off from the CA GOV shut down, and just never have been able to find that 'entry' level experience to get moving. I've been working 2 to 3 part time jobs since.
I'm Burned out and been burned out since 2008. Financially my life is getting worse .
Boomers lives gotten easier and easier. Millinials lives are getting harder and harder. I'm a millinial male with adhd and I am tired! I can't keep up.
I don't ask for much, all I need is a studio apartment, used car, and cel, THATS IT!!! I don't need a fancy house, nice ride, or infinite hot girlfriends, im a introvert anyway. All I want is a simple quite life, but I can't even get that. My rent is going up every year, my car insurance doubles every 6 months, and price for basic needs are high.
I CAN'T EVEN LIVE A BASIC LIFE WITH OUT IT BEING F**KED UP! And I'm not a greedy person at all. I'm a strong advocate of the Maslow hierarchy of needs, ALL I NEED IS Physiological needs and Safety needs and I'll be happy, The belonging and esteem can wait. This society is too fast and demanding I can't keep up. I'm done! 😒
Yup its tough out there in the concrete jungle.
As a kid I used to daydream about the life I'd have in my late 20s and early 30s. Now that I'm here, all I do is daydream about the good days as a kid or moving to New Zealand or Ireland where governments work for the people and not billionaires.
Dude holy crap me too! I am trying to get out of America for sure
Go to Europe dude, like Germany or Switzerland
New Zealand closed its borders when COVID-19 hit, and a year later the borders are still closed.
Sorry to break it to you man, but Ireland is a tax shelter for the wealthy
@@thatdude4364 Sorry to break it to you but I wasn’t replying to you
"It's called the American Dream because you have to be asleep to believe it."~George Carlin
😂😂😂
George hated boomers
Thank you for your highly original comment.
George Carlin died a millionaire, for telling jokes.
But he is remembered and quoted for telling truths
Theres nothing happy about life. We have to use distractions like video games or other hobbies just to forget about the pain of life , and even thats temporary
I went into college _knowing_ that it would be a waste of time and money, but my parents didn't think that and insisted I go to a University. You'd think they'd know better _being college teachers._
Wages need to be adjusted for cost of living standards, period.
Unfortunately I feel like it will never happen until the Boomer generation either retires or realizes we're continuing to struggle (the latter half the least likely)
Never gonna happen as long as there is a central bank that can print money willy nilly and debase the currency. Fix that and the problem will be solved. Don't and a million dollars won't buy a candy bar.
If you increase minimum wage you may think that's good for workers..but what about the companies, mainly restaurants or other, that they have to pay them..if you increase workers salaries the company may not have enough money and lose their job..hence why some retailers and restaurants have tablets that you put in your order and someone brings it out to you..idk just some food for thought.
@@SigFigNewton True
If you force businesses to pay more, they will just move to another country and you will be even poorer
My mom recently compared herself to me when she was my age. I gave her a list of how it's not the same. That shut her up real quick. 😒
Actually to explain the difference she would have had to tell you that "You really werent Special"..Your failure in the job market should tell you that quite clearly.. But Denial is a difficult thing to overcome.. You have no SKILLS, KNOWLEDGE, EXPERIENCE or training to get the job you feel you deserve.. Because all you deserve is the opportunity to compete.. And you cant handle that or compete successfully... Join the MIlitary....FREE, room & board, salary, medical, travel & training.. And experience companies look for in employees..
Tell your mom life is not a competition. About who has what or who has done what. As longest you know yourself and what makes you happy you live your life how you want! NoRmAl life is just a perspective of people or someone.
@@rackets7991 Did you have a mirror up the entire time you were typing that? You realize you're just talking about yourself the entire time, right? No skills, knowledge, experience, or training of any kind because you wasted your life growing up and that's why joined the military. Not everyone is like you bud ;) I'm sure that recruiter didn't even have to convince you to join.
Check out the SNL skit "Millennial Millions".
can you please share that list with me?
The unluckiest generation was my grandmas . She didn’t have food to eat , her brother died of starvation in the 1930s . She would get hit at school for speaking Spanish in school . That generation had it worst .
1930s and most likely the future 2030s are the worst times in history. Here's to the 2130s. :) The great depression was a major time in history. The boomers didn't have to live through it though.
@@thatguyalex2835 we can learn from the mistakes of the Great Depression generation. We must not raise baby boomers. Raise children who are supported thru anxieties and tough challenges. Show them compassion and care and love as children, and their hearts will be good.
@@grassgeese3916 Agreed. Many of the boomer people that I have in my life are open to change. :) But also the generic close minded boomers do exist in this country. I have known some millennials in my circle who are not open to any new ideas, as I am part of the younger millennial generation, I can attest.
at least they didnt orchestrate their own misery.. how do we watch ourselves doing this to ourselves.. why dont we all just hit ourselves in the face?
Thank you for understanding the importance of history by telling your grandmas story. My mother was born at the start of the depression but still told me stories of how people had to live. My mother was of Ukrainian descent , and her classmates would get punished for speaking Ukrainian. Another generation that comes to mind are the young men who fought and died in the trenches of WW1 ...no cell phones or Starbucks there. Can you imagine hiding in an underground dugout trying to keep calm while knowing that in a few minutes you were climbing out of a trench and into murderous machine gun fire and /or poisonous gas ? That's somewhat more difficult than finding a decent job, to completely understate it.
I'm currently facing poverty and on the verge of bankruptcy because my work hours have been cut so much. I honestly feel like i'm stuck in quicksand right now, the more I try to fight against it the faster I sink.
How are y’all gunna use a black woman as the thumbnail and interview 0 black people 🤣🤣🤣🤣
Alanna Hardy facts
She's just person. Why does it matter if she's black??? Like if a yogurt add had a black person, that would be weird??
And it wasn't about black people..
IKR! smh 🙄
They are associating black with bad. Typical white supremacy
literally why listening to parents arent always the wisest option
Couldn't agree more. Parents are not infallible. They are human beings just like us and they can also make mistakes.
@crispycritter223 or drug addicts :)
@crispycritter223 parents who say i dont need help in raising kids are the worst
Horrible college cost. Horrible job market. Horrible cost of living. Meanwhile all the previous generation blaming you.
It's amazing how I feel more and more confident about being an artist with this info.
I wanna be an author.
My dad (a boomer) is retired and his pension is more than my salary.
He got his job by hard work sure, but no college or university education was needed.
His job today requires a PHD.
My mother (before she met my dad) bought a house at 25 just working at a grocery store.
No doubt there is some entitlement in our generation, but to assume that is the reason for the wealth gap is just disingenuous.
Sure some like their Iphones and costa's but many boomers forget that they were buying FAR more expensive items at the same age; like cars, vacations and of course homes.
Not to mention, all the BS about wasting money on fashion; seriously?, I'm pretty sure owning the latest fashion has been around far longer than my generation.
Many boomers forget that they imprint on their children, if your kids are obsessed about the latest clothes, fashion, cars..etc it is pretty likely the parents aren't that different themselves.
So true!
Bought a house at 25!? by working at a grocery store??!?!??!?
All facts. 💯🍵
Born an Raised in SF, by the time I'm 28, Houses here cost 2-8M....
That "bought a house at 25 by working at a grocery store" part got me deep. Nothing is affordable here. It's painful. And it's easier said than done to "get out and leave". You need extra money to save up to leave properly. If a city like SF traps you and you didn't know any better, you can spend all your savings making things work out then realize it'll take longer just to leave than it took to first stay.
@@Mary-Ann_B_Mabaet texas is a little more affordable and a lot of millennials move there for jobs
correction: millennials (and gen X) without wealthy parents are the unluckiest group.
Yet Gen Xers were able overcome their situations without complaining or whining like younger millennials and Gen Zers do! So what's your point?
@@davidmitchell3997 my point remains the same. only the ones without wealthy parents are unlucky, and complains. to state all millennials are unlucky is not true. don't like complaints, don't listen.
What about if you have wealthy parents who are cheap or mentally unstable? They're pretty unlucky too.
@@davidmitchell3997 Gen Xers had different issues. Their great issue was the drug war. Also the situation was different then - not good, but better. The INCENTIVES for millennials are also different than for Gen x. We dont really have an incentive. The political split (3rd wave feminism for example) has hit the milennial generation right where it hurts. Much more so than gen X with their punk phase. Milennials biggest issue is actually with gender. As such, brainwashed by the ideological left, they struggle for identity in a way your gen didnt have to.
The gender thing is also the reason milennial men dont have the "work mentality" of older generations. The workdrive is 100% coupled to the sexdrive. Since there has been driven a wedge between these 2 by the older generations, the basic motivation to keep men and women together was dismantled. Remember, the milennials were raised by BOOMERs, who were mostly sexual deviants. I guess over 40% of boomers are at least hebephiliac. Taken from my own expirience as milennial... So we were raised by boomers, educated by radFem nazis from outer space, and i know you may not be willing to acknowledge this, but that did not grow on our turf - we were thrown in the turf. I say if the sexual split in gen Y would be healed, we would see a lot of milennials get married, and at least try to work something out. But the older generations dont let us take our own place in society. Due to bellyfeels.
Your comment is full of egotistical solipsism. Your siding with the abusive side to make a point about you were being a better slave, you didnt complain to your masters. Baaah makes the sheep, go feed on some fodder...
@@davidmitchell3997 Gen X had it slightly better tho, my parents were Gen X and when they went to University (in the UK) from 1988-1994 ish people that couldnt afford uni would get help from the government
As a GenXer I am going to say GenX has had it worse the Millennial's
But they were the last generation that could buy a house so what is bad ?
This is so true. Comparing myself (34) with the actual 24/25/26/27 y.o folk, they have been much luckier than me. Straight after graduation, they got their first proper job. I'm now basically competing with those ppl, 8/10 years younger than myself, with more qualifications than myself, and less stressed out than me. I dropped my first degree in 2012 as I couldn't see through it. I then moved abroad, spent 7 years in the UK, learned the language, got an associate, and declined the offer to top-up as Covid-19 hit plus personal reasons. So here we go. I'm now a 40 h p/w intern at the age of almost 35. I'm starting to think that it's all bs, and I want to come up with a plan b.
No kidding. If I'd graduated in 2016 instead of 2009, I think I'd be in exactly the same place as I am now career-wise. 2009 to 2017, I was working manufacturing and serving jobs even though I had a 4-year degree... couldn't find anything else, just trying to get by. Finally got a lucky break in 2017 and got a career job.. got a bit stable.. boom, pandemic.
The only way out is to start something of your own. Working for others and that too, at an “entry level job” is not gonna help much. The game is rigged!😢
It might be bad luck. But the main problem for everybody is still wealth inequality. Don't lose sight of that due to events.
And all the Chinese moving in buying up property. Overpopulation
Explanation. More negative pressure pushing the little guys down yet more positive pressure lifting the big guys up.
The little guy has less margin between income and living costs, so he can't own the things that go up like stocks, real estate. So gets no benefit, but bears the burden of inflation therefor what little he saves is now worth less.
The big guys seem to only get richer, because instead of a majority of income going to essentially needs, they have a majority in assets that go up, so there is a tree of benefits from those assets while increased compounding of value.
AND..... WHOOOOO has all the wealth? Don't you DARE DARE DARE say Gen X. Do some research. BOOMERS handed this mess to you. Skipped right over Gen X. Gen X could fix ALLLLLL this, but NAME a Gen X President. Don't you dare say O'Bama. He is tail end boomer. College in the 70's when he could still afford it.
I have a masters degree and live with my parents. I’ll never have kids or get married. No way.
The world is a big place. Travel as much as you can!
Joey Boedeker with what money & during a pandemic?
No shame. I live with my parents too but just associates degree which has been worthless for me lol. I've been saying for a few years that its one of the most financially responsible things to do if you have the option to live with parents. Even better now with (greater) uncertain times ahead. But also i plan to use my parents house for when my spouse moves to the US - hopefully we both have some "decent" paying jobs, and we can massively save our incomes 90%, for future real estate investment opportunities (outside the US.). My parents house really is a saving grace. And also it helps that the US dollar is a lot "stronger" than others and is the worlds reserve currency -despite the high cost of living and shet healthcare here. Lol.
Yup... licensed professionals living with mommy and daddy or 2 other roommates.
This comment actually makes me feel so much better. I don’t know any other 35 year olds who still live with their parents.
Now we can’t afford gas, food, houses, apartment, next will be we can’t afford to pay taxes
My mom was able to take care of me and my siblings while working as a waitress, now I can't afford housing.
And my folks say I'm making excuses and that if I really wanted it I would have it.
That’s sadly the old way of thinking. For their generation that was true at times, but it sure isn’t now. Sorry to hear that!!
Really sorry you are experiencing this. I have the same problem with older family members who never had to go through it.
Their way of thinking is fantasy now but they will never realize it.
The American Dream was just that, a dream
Same thing here. but I tried a slightly different way and it worked.
What would make some people absolutely fail could work to help you succeed.
I'm pushing 30. I have an 8 year old kid. All I do is work. I'm so tired. I don't have a savings. I will never be able to own a house. I don't know how I'll ever be able to retire. I just finally got a dining room table after 3 years of not being able to afford one. We shouldn't have to live like this. It's too much.
Hello! I just read this and feel so much anguish and sadness in the comment. I am praying that God provide you with direction🙏🏽 Lord, please give this woman a sense of security and faith in these challenging times .
@Danni There are a lot more people on the bottom than people at the top. Not everyone can marry rich.
@Danni 30 with a kid ain't marrying rich, what fantasy world you live in?
#condoms
You should have determined your career and necessary education level before having kids. Kids only keep you broke long-term. My sister lived that life and is lucky to have married a guy who would accept her kids from a prior relationship.
I graduated from high school in 2009. I remember the feeling looking over a mountain ledge being pushed by the life event of me graduating high school. Everything was hitting the fan across the country economy wise, people were losing their homes, people were committing suicde plus killing their families becasue the parents lose both of their jobs, the Iraq wars were going on.
That was a hard time
"Millennials are the unluckiest generation in modern history"
19 year old boys at the Battle of the Somme: "Am I a joke to you?"
Yeah despite the economic challenges as a zoomer I consider myself lucky to live in the US in 2021. Many in my generation do not understand how good we have it.
Or the silent generation. They grew into the Great Depression, many fought in world war 1 and 2.
@@angelgjr1999 and many more suffered through the Spanish Flu pandemic
@@angelgjr1999 I think you mean greatest generation. The silent generation wasn't even around for ww1
@@houstonwehaveaproblem4187 true
Both of my daughters have bachelor's degrees and are working jobs beneath their education level, it's disheartening.
Care to elaborate ? What degrees have they earned ? Just curious. Thanks.
@@gaminglikeapro2104 What degrees did you get jobs with? How about your kids?
Should have had studied engineering instead of gender studies lol
Boys are more competitive than girls. Most women will be unemployed in near future
Someone coined the phrase "smugtocrazy" when describing the less attractive part of the american psyche. Reading through these comments, one understand exactly what that person was thinking about.
Unlucky, bull we got screwed by those who looked after themselves instead of their children.
The older millennials had it even worse than the middle and younger millennials. Those who graduated in 2004 did so in the middle/ end of the early 2000s recession. The peak unemployment was 2003. Then they get hit with the great recession 3ish years later. They are laid off again. Then Covid strikes. so, for those 20 somethings, you have seen nothing. During the prime career growth years those in their mid to late 30th have been through the early 2000s recession, the great 2008 recession, and now covid. They have spent the better part of the last 16 years in recessions. Let's hope the middle, junior, and even younger generations don't have to go through what the elder millennials and young Gen Xers have gone through.
I always blame it on the boom
@Sergio Díaz Nila absolutely.
Baby Boomers the most selfish generation in US history.
Boomers are literally the most selfish, self-serving, inconsiderate and arrogant group of people to have ever existed.
I basically just blame myself for everything. I rented with roommates most of my 20s while working 2-3 jobs with no days off. I’m pushing 30 now and I don’t even have 10k in the bank
Tbh, I am 100% convinced that bringing new life into the world is straight up inhumane.
Ofcourse I won't go around telling people how to live their lives, but I genuinely don't know how raising kids whilst the future of our species/planet is so uncertain (special thanks to the climate crisis)
I don't even get why some people still want to... kids are expensive af, you also need emotional and financial maturity to raise one
@@aeoligarlic4024 and lots and lots of patience
@@aeoligarlic4024 exactly LMAO i personally don't get it either man
I think many people share your point of view. Historically speaking though, people still gave birth during horrifying events like the the bubonic plague or world war 2.
You're right though, the climate crisis is a whole new challenge on its own. It has also made me think many times about whether having children is a good idea or not.
The older I get, the more I think about it. And it's pretty tough, because I'm convinced a life without children is only a life half fulfilled. I don't know how old you are, I'll assume rather young, but I think you might reconsider this position later on in your life. The more mature you become, the more you want to bring new life. At least that's how I experience getting older.
I believe it's both a tragedy not to give a chance to your future offpsrings, but also a tragedy if the climate gets apocalyptic.
100% Agree.
I’m 31 and I have lived below the poverty line since I graduated in 2012 with a 3.81 GPA and a Bachelor’s degree. I now make much more on Unemployment than I ever did working a job. But now Unemployment with the $600 bonus is ending soon and so I am having to almost completely reinvent my career due to this pandemic/recession since I cannot go back to my old job (not that it was doing anything for me anyway). I will say that I am mostly optimistic about my prospects since I am a very adaptable person, but it is uncharted territory for me so I will just have to see how it goes. Many of my Millennial peers are in much worse situations than I.
Plan on starting your own business or company. You're still relatively young and have some time.
David Mitchell That’s basically what I’m doing. It’s crunch time for me right now. And I plan on having many sources of income.
Areya S. 😂😂🙏🏼😂
Bachelor's degree in what?
tehbonehead Film and Television with a minor in Sound Design. Many studios weren’t hiring when I graduated and any on-set jobs were low-paying or non-paying. It only just recently got better, and then the pandemic hit and all those jobs stalled again. No one could make a living that way. So I figured out something else. I’ve survived all these years, and had some good experiences, but broke at the end of every day. I took on side hustles too and it still wasn’t enough to get ahead. Plus I had aging family members to take care of who were in worse financial shape than me. They were worse than broke. I was often paying their bills in addition to mine. That’s another factor that people don’t take into account with Millennials. We’re often taking care of our Boomer parents or even their parents. But like I said, many of my peers are much worse off than I. I will adapt and carry on, as I always have. We are a strong bunch.
I’m tired all the time. Mostly because of severe depression. Everyday feels like a struggle to not be worse off than the day before.
I have been depressed as well and felt the same way but started drinking coffee and noticed it helps lift my energy and mood. Maybe give it a try, along with meditation & eat more potassium & omega-3 rich foods.
@@sigmasiren777 Sad state of affairs when you have to rely on stimulants to get through the day. Crazy times.
@@serrahighsfinest and none that I mentioned are artificial. God said let food be thy medicine.
You a slave. Today slaves are called fools. Slaves are for self. You are so tied into the matrix that you will fight to be a slave. Slavery never ended. Sale and save. Slave.
You’re not alone. Never give up
Gen X here. I just remember coming out of college into the late 90s...and struggling. Got the degree, did an internship, etc...but at the time, it felt like "entry level" didn't exist. Like today, everyone wanted someone with 2-5 years of experience, and they didn't pay well. It's why I felt I could relate to the Millennials when they hit this issue.
I know we can blame timing, but I also feel like it was much of the previous generation making decisions to help their generation without "thinking of the future", despite how many of them claim to think about it. Trickle-down economics, climate change denialism, no real reform of healthcare, rollback of labor laws, NIMBYism, and too much emphasis on Wall Street as the measure of our economy, despite the big disconnect now between Wall Street and Main Street.
In my late 40s, I honestly fear my 50s and 60s, wondering when the USA will deem me as "too old" but "too young to retire" and thus I will struggle to gain solid employment in a world that prefers to hire young people at crap salaries, hoping a fresh crop of graduates will step in for wage slavery. I worry many in my generation who are trying to build nest eggs will end up unemployed and struggling due to ageism, and thus get to retirement age with barely anything beyond Social Security...which those with means are actively trying to abolish.
I'm sorry folks, but "Working hard" and "pulling yourself up by your bootstraps" isn't going to cut it anymore. We really do need to stop trying to be the USA of the 50s and 80s, and start looking forward to countries like in Europe who put quality of life over "making a few people into billionaires".
It's a brilliant strategy. Have a economic system that by design increses wealth/income inequality + convince people they need education to succeed in the system, increases tuitions, get significantly better educated populace -> blame people for not making it/getting into debt, coz they chose wrong degrees.
I think the movie "Reality Bites" dealt with this a bit at the time.
They should at least provide us painless death by euthanasia. Millenials inherited strongest genetics then previous generations, so we cant even count on death at 60 years old anymore. We will live to 100 without healthcare, food , Family and a roof over our Heads. I am already planning suicide.
as a milennial, i think dating apps and modern day dating is more tragic
To me, it's more people experiencing life through a virtual frame. Net dwellers are becoming more the norm
One of the things that really gets under my skin is the misconception that Millennials just want "hand outs". For me, I was raise is probably the most competitive generation in American history. The generation where as a 14 year old, having a .2 point difference in my GPA was causing mental stress and panic attacks in a high school kid. The generation that was bred to believe that a college education was the ONLY way to make something of yourself and without one, you were deemed lazy and doomed to be poor.
Millennials don't want handouts, we want a fighting chance. We want a system that allows for those who are trying hardest to actually rise. What is funny, is those who have already made their wealth primarily in a different time have blinders on to the way the world works today. The joke "entry level job with 5 years experience" is not untrue. It is real and it is difficult to navigate that type of environment where you application is thrown in the trash, or not even seen because of automated resume filtering tools. You wonder why so many young people are upset? It's because the playing field is not fair, it's obviously not fair, and we're told we're just lazy and not trying hard enough as a solution. Who wants to live like that?
Amen, brother.
Thank u👏👏👏👏
College is MOST CERTAINLY NOT the only way to make something of yourself. Had I skipped college and become a plumber, I believe I would be just as happy today.
@Gherman Doina Mhm. Same situation. 😑
I've had to live with my relatively elderly parents during the Coronavirus after losing my job. I haven't been able to get another that won't put me at high risk of exposure to the virus. My emotionally abusive mother has repeatedly told me she wants me out of the house and calls me lazy (and... other things) for not having found a new job. She says I've ruined her life and my very presence makes her miserable. I've had to go back to a therapist over the stress - I became suicidal in August - but I turn 26 in April and will lose my health insurance, and I wouldn't make enough to pay my car and health insurance combined even if I still had my job.
I'm so angry at the harships my generation has to face being written off as not as hard as we think by the older generation. I keep hearing from my elders "but I did this when I was your age! It worked for me!" Yeah, because you _could_ do that. I can't. The world has changed - under your watch, and you've done nothing to fix it. And you don't care enough to help any of us, your precious children and grandchildren, despite claiming you all care so much and despite being partially responsible for all of this.
"Buy a house interest rates are s0O00o cheap!"
I can't even buy groceries...
Me too.....
at least u r skinny
Come on, man "I can't even buy groceries". Really? Every business I know today is looking for employees. IF you aren't working today, you are just lazy and making excuses.
Yeah, lowest interest rates ever, and most over inflated housing prices EVER! Why do they think we can just afford $2,500+ mortgages, and be okay? My parents purchased a Condo in 1977 for $39,900. My Dad made like $32,000 that year, and my Mom didn't work at the time. Sold it in 2005 in a condition that needed a lot of work to resell for $232,500. Now, somehow they want Gen Zers and Millennials to purchase homes for 400K to 900K. For me to earn the same income in 2021 that my Dad earned in 1977, I would have to pull in $143,000 LOL, and I still wouldn't be able to find a nice 3 bedroom brand new Condo for around $177,000 today in Maryland
@@djrickyb ironic that the house 2 doors from me just sold for 32,000 a month ago.1 acre yard 3 bedroom house. sat empty for months after the old man died.
not to mention we were tricked into believing we would graduate into the same booming economy we were born into. I was born in the Clinton years and remember being happy and remember a strong economy. my family was by no means rich, but we were able to afford our necessities even take the occasional vacation. now you can barely even afford rent at $15 an hour. its crazy
Let’s see:
- deep into student debt for their degrees
- can’t get jobs because somehow an ENTRY level wants years of experience and underpay people
- don’t have enough to buy homes and etc that helps drive the economy
- endures the 2008 recession and now the sheer economic devastation of COVID that annihilated the job market
And I’m just barely scratching the surface. Millennials have unfairly been dealt a vile hand, and will suffer for no reason. But sure some boomers like to call them entitled? Hilarious coming from a generation that caused this mess.
You forgot the solution though... stop buying avocado toast.
@Chaos Sector it matters on the degree and college tho. If I went to a cheap online community college then I would get less debt then a person who got the same degree and went to Harvard with no money. The degree matters too and the job as well. Also if they got scholarships and grants or if they did something like dual credits like we do in Texas. There is a lot of factors in play and just saying that makes no sense. Plus chances are the person probably payed off most of their debt though depending on the degree.
@Chaos Sector but it is important to understand what they are spending their money on. Lots of students spend their money on stuff they really need. So they can't save money
@@nicoleb.2182 OKAY! I did eat avocado toast one time! only one time though lol. it's kinda gross.
I am 45 and I can remember when I was about 25 I had a temp job at a newspaper in San Francisco that paid $17 an hour no experience and we were trained. Today I live in Atlanta where $17 is either a hard labor warehouse jobs with at least 6 months to a year of related experience or that's a BA job with 1 to 3 years related experience and the list of job tasks is comparable to a bible. It's crazy but what that has done is push a lot of people (including myself) to get creative and work for themselves.