![]() ![]() ![]() 3 In this sense, and in order to characterise Millennials, we can look at how important events that took place at a global level while they were growing up (between 19 approximately) may have shaped them in one way or another. In fact, several studies show that this impact not only affects them while they are still young but tends to accompany them throughout their lives. So, what characterises this generation? The major events that define a period in history, such as scientific and technological advances or economic crises, affect the entire population, but tend to leave a greater mark on younger adults, since they are still forming their values and expectations. In Spain, the Millennial generation is even smaller (18.7%), and Generation X represents the largest share (26.2%). According to Eurostat data, in 2017 there were approximately 102 million Millennials living in the EU, roughly 20% of the population, while the Baby Boomers accounted for a larger share (23.4%). 2 In Europe, however, the generational composition is quite different. 1 In the US, 22% of the population belongs to this generation and it is estimated that, by 2019, Millennials will surpass Baby Boomers as the largest adult generation in the country. In particular, it is estimated that they represent almost 24.0% of the world’s population, much more than the Generation X (19.5%) or Baby Boomers (17.0%). Globally, the Millennial generation is a larger cohort than previous ones. Let’s begin by comparing its size over the population. In this article, we try to identify the main features that define the Millennial generation and the reasons why this generation differs from previous ones. Therefore, Millennials are now aged between 22 and 37 years old. According to the definition coined by the US think tank Pew Research Center, this includes all those born between 19. Also known as Generation Y or Next, Millennials reached adulthood at the start of the new millennium. Generations, like people, have personality and the Millennial generation is no exception.
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