Generations in the workforce the recession, there has been a significant shift in Gen X moving to management roles. Perceptions of Gen X managers are high according to an online survey published by Ernst & Young. Out of 200 people, 57% of respondents believed that Gen X displayed each of the survey’s positive characteristics and were thought to be best at managing through difficult times. The Y generation, also referred to as "Millennials" were born around 1980 to 2000. They have been described in a report published by United Nations Joint Staff Pension Fund as the next big generation after the Baby Boomers. They
Baby boomers baby boomers apart from other generational groups is the fact that "almost from the time they were conceived, Boomers were dissected, analyzed, and pitched to by modern marketers, who reinforced a sense of generational distinctiveness." This is supported by the articles of the late 1940s identifying the increasing number of babies as an economic boom, such as a 1948 "Newsweek" article whose title proclaimed "Babies Mean Business", or a 1948 "Time" magazine article called "Baby Boom." The age wave theory suggests an economic slowdown when the boomers started retiring during 2007–2009. Projections for the aging U.S. workforce suggest that by