- published: 01 May 2016
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Generation Y, also known as the Millennial Generation (or Millennials),Generation Next, the Net Generation the Echo Boomers are the demographic cohort following Generation X. There are no precise dates for when Generation Y starts and ends, and commentators usually use birth dates ranging somewhere from the late-1970s or early 1980s to the late 1980s, early, mid, or late 1990s, or even as late as the early 2000s. All definitions include at least those born between 1981 and 1989. Members of this generation are called Echo Boomers, due to the significant increase in birth rates through the 1980s and into the 1990s, and because many of them are children of baby boomers. The 20th century trend toward smaller families in developed countries continued, however, so the relative impact of the "baby boom echo" was generally less pronounced than the original boom.
Characteristics of the generation vary by region, depending on social and economic conditions. However, it is generally marked by an increased use and familiarity with communications, media, and digital technologies. In most parts of the world its upbringing was marked by an increase in a neoliberal approach to politics and economics; the effects of this environment are disputed.