Millennials Millennials Millennials, also known as Generation Y or Gen Y, are the generational demographic cohort following Generation X and preceding Generation Z. There are no precise dates for when this cohort starts or ends; demographers and researchers typically use the early 1980s as starting birth years and the mid-1990s to early 2000s as ending birth years. Millennials are sometimes referred to as "echo boomers" due to a major surge in birth rates in the 1980s and 1990s, and because millennials are often the children of the baby boomers. Although millennial characteristics vary by region, depending on social and economic conditions,
Generation Z Generation Z, which they defined as people born from the mid-1990s to the early 2000s, made up 25% of the U.S. population, making them a larger cohort than the Baby Boomers or Millennials. Frank N. Magid Associates estimates that in the United States, 54% are caucasian, 24% are Hispanic, 14% are African-American, 4% are Asian, and 4% are multiracial or other. Generation Z are often children of Generation X, but they also have parents who are Millennials. According to Public Relations Society of America, the Great Recession has taught Generation Z to be independent, and has led to an entrepreneurial