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Correct now that the upper crest of Millineals is hitting the mid 30's range but previous generations had these as priorities way before Millineals came to that level.
A recent report titled The Changing Economics and Demographics of Young Adulthood: 1975-2016 published by the US Department of Commerce found that most young adult Americans believe “that educational and economic accomplishments are extremely important milestones of adulthood”.
A recent report titled The Changing Economics and Demographics of Young Adulthood: 1975-2016 published by the US Department of Commerce found that most young adult Americans believe “that educational and economic accomplishments are extremely important milestones of adulthood”.
This would almost seem to argue against your statement that Millenials are interested in more than just a hefty paycheck.
yeah and the article stated what those other priorities are based on the study by the American Institute for Economic Research. You can't really be doubting that the Millennial generation priorities marriage and kids less then any previous generation?
"The young and educated are interested in more than just a hefty paycheck.
In a new report on the top destinations for young college graduates, the American Institute for Economic Research finds young people are drawn to city amenities in addition to jobs.
The rankings examined eight economic and quality-of-life factors that young people look for in a new city, the top three factors being: high density of people with a college degree, a low unemployment rate, and the ability to get around the city without a car.
The other factors included: average salary, cost of rent, competition for jobs, bars and restaurants per 1,000 residents, and racial and ethnic diversity."
Every "millennial" is different and where they go probably depends on race, social class, upbringing, personality/personal preference, family/friends and job connections. Cities like Portland, Austin, & San Francisco are popular among white hipster millennials but not black/hispanic millennials. Dont think cuz ppl were born in the same decade/generation theyre all the same.
I think black/hispanic millennials are different than white millennials, in that they prefer spacious affordable areas like Georgia, Florida, Pennsylvania, NC, Texas. While millennials prefer more build-up cities with high densities and "trendy" atmosphere (or what they think is trendy for a hipster), which is causing gentrification in some cities
Last edited by Spreadofknowledge; 09-15-2017 at 10:10 AM..
yeah and the article stated what those other priorities are based on the study by the American Institute for Economic Research. You can't really be doubting that the Millennial generation priorities marriage and kids less then any previous generation?
"The young and educated are interested in more than just a hefty paycheck.
In a new report on the top destinations for young college graduates, the American Institute for Economic Research finds young people are drawn to city amenities in addition to jobs.
The rankings examined eight economic and quality-of-life factors that young people look for in a new city, the top three factors being: high density of people with a college degree, a low unemployment rate, and the ability to get around the city without a car.
The other factors included: average salary, cost of rent, competition for jobs, bars and restaurants per 1,000 residents, and racial and ethnic diversity."
A lot of that is tied to robust local economies which includes lots of stuff to spend one's disposable income on, so it still comes back to making a lot of money.
Every "millennial" is different and where they go probably depends on race, social class, upbringing, personality/personal preference, family/friends and job connections. Cities like Portland, Austin, & San Francisco are popular among white hipster millennials but not black/hispanic millennials. Dont think cuz ppl were born in the same decade/generation theyre all the same.
I think black/hispanic millennials are different than white millennials, in that they prefer spacious affordable areas like Georgia, Florida, Pennsylvania, NC, Texas. While millennials prefer more build-up cities with high densities and "trendy" atmosphere (or what they think is trendy for a hipster), which is causing gentrification in some cities
but at the same I doubt you want to bucket all Black and Hispanic millennials into how you're breaking them out. I know tons of Black and Hispanic educated Millennials who are no different then their white "hipster" counterparts and the type of lifestyle they want to lead is more or so the typical lifestyle an educated Millennial with a good job desires. I think the Millennial bracket, while still having clear racial distinctions, also have stronger economic variances.
A lot of that is tied to robust local economies which includes lots of stuff to spend one's disposable income on, so it still comes back to making a lot of money.
Yes, but if said prosperous city A and prosperous city B were to purposely attract Millennials, based on this study, the city with more amenities is more likely the successor of the two. Also, the stated priorities in the study do not reflect every prosperous city i.e. high density of college educated & getting around the city without a car and no, the existence of a metro system and/or some sort of light rail does not count if most of it's citizens still drive since clearly it's an indication that mass transit does not suffice in that area.
Yep, Nashville kind of played second fiddle to Memphis in TN for many years, and has only relatively recently caught up and since passed it. Nashville in 2000 was a far, far different city in many ways than Nashville today.
I wonder what changed all that?
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