The White House released a report entitled “15 Economic Facts about Millennials” (pdf). Here are the facts and charts from that report.
Fact 1: Millennials are now the largest, most diverse generation in the U.S. population.
Fact 2: Millennials have been shaped by technology.
No charts for this one, ironically enough.
Fact 3: Millennials value community, family, and creativity in their work.
Fact 4: Millennials have invested in human capital more than previous generations.
Fact 5: College-going Millennials are more likely to study social science and applied fields.
Fact 6: As college enrollments grow, more students rely on loans to pay for post-secondary education.
Fact 7: Millennials are more likely to focus exclusively on studies instead of combining school and work.
Fact 8: As a result of the Affordable Care Act, Millennials are much more likely to have health insurance coverage during their young adult years.
Fact 9: Millennials will contend with the effects of starting their careers during a historic downturn for years to come.
Fact 10: Investments in human capital are likely to have a substantial payoff for Millennials.
Fact 11: Working Millennials are staying with their early-career employers longer.
Fact 12: Millennial women have more labor market equality than previous generations.
Fact 13: Millennials tend to get married later than previous generations.
Fact 14: Millennials are less likely to be homeowners than young adults in previous generations.
Fact 15: College-educated Millennials have moved into urban areas faster than their less educated peers.