Millennials are a very distinctive generation, according to Paul Taylor, the Executive Vice President of the Pew Research Institute and the author of The Next America: Boomers, Millennials, and the Looming Generational Showdown.
One of those distinctions is that they are probably the most hyped-up generation. Even the Baby Boomers haven't gotten this much scrutiny, and flack. What it means to be a Millennial and where this generation is headed are often debated in the media. Thanks to his research, Taylor has the hard numbers that can provide some answers.
He told Big Think that the believes that some of the hype is undeserved and provided stunning insights into why we should rethink what we think we know about this generation. Most startling, Taylor told us that Millennials are the first modern generation to be doing less well economically than their parents. They're entering adulthood into one of the worst economies in generations and this has all sorts of implications, says Taylor, for how their story will play out.