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Millennials may end up being the first generation in over a century to have suffered a recession when entering the job market and then suffer a recession when starting a family. amirite?

80%Yeah You Are20%No Way
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I mean, there was 1927 through to WWII...

Killerzacs avatar Killerzac Yeah You Are +14Reply

I graduated and entered the work force in 2008. Today my first born is 3 months old.

madidoms avatar madidom Yeah You Are +10Reply
@peko-ke So in 12 years from now I earn a reasonable amount of money?

A century is not that long ...its less then a life time...i do agree with millennial s here...if boomers had any kind catastropheophe we might be storger today ... But boomers never had to deal with problems so now as leaders they are very detached from reality

So we're just going to ignore the Dot Com recession in 2001... Ok

Anonymous +10Reply

then don't start a family?

Anonymous +10Reply

This is large reason my wife and I aren't having kids. Not the main, but it's in the list.

Anonymous +10Reply

Just learn from it, and don't grow up to be assholes like our parents did.
Stay well.

  • Gen X
Anonymous +9Reply
@Mass Wait I'm 22, does that make me a Millennial or not?

No. You'd be on the older side of Gen Z. I believe the cut off year for millennials is 1996, so you would have just missed the cut.

@Mass Wait I'm 22, does that make me a Millennial or not?

Nope, 96 is what is generally counted as the cutoff year for millennials being born. You're gen Z.

@Mass Wait I'm 22, does that make me a Millennial or not?

If you remember 9/11 when it happened...

I dub thee, Millennial

@Mass Wait I'm 22, does that make me a Millennial or not?

Nope. You're a Zoomer. Millenial birthdates rang from 1980-ish to 1995/6.

Anonymous +5Reply
@Just learn from it, and don't grow up to be assholes like our parents did. Stay well. Gen X

Gen Z here! Graduating college in 3 months. Can't wait to get the millennial treatment!!

Anonymous +8Reply
@Gen Z here! Graduating college in 3 months. Can't wait to get the millennial treatment!!

Well, learn from it, and don't grow up to be "whatever", like we did.

  • Gen X
@Kaysax All boomers aren't assholes some are already dead.

I'm a late boomer (1962) and have very little in common with earlier boomers. First job (recession of the late 70's/early 80's! Start family (recession of the late 80's)

Anonymous +8Reply

My boot straps are literally over my head and I still can't advance because of double dipping pensioners.

401k getting devalued daily don't worry gang

Amen my friend.

Yeah between student loan and car payments my fiancée and I can't even afford a house let alone children

Anonymous +9Reply

Dead on accurate! I was in college during the first recession with limited job market and decided to go to grad school to improve employment prospects. Today, I had a 3 month old and we are trying to figure out how to lay down roots but not sure what the job market holds.

I am straight up not having a good time.

Anonymous +8Reply
@I am straight up not having a good time.

Yeah it's rough. It almost has to get better after it gets worse tho.. so uh .. there's that.

Anonymous +8Reply
@Yeah it's rough. It almost has to get better after it gets worse tho.. so uh .. there's that.

You say that... but like it doesn't have to get better. loltc <—- laughs out loud then cries

@Yeah it's rough. It almost has to get better after it gets worse tho.. so uh .. there's that.

Except we don't know how bad it's going to get and for how long. 2010-2011 were the worst years resulting from the 2007-2008 in terms of unemployment. The damage from this will be felt for many years.

Don't be silly. If you were born around 1915, you came of age during the depths of the depression, and you would still end up getting drafted and fighting in the biggest war the planet has ever seen.

@mateojjz Don't be silly. If you were born around 1915, you came of age during the depths of the depression, and you would...

But they were in their 30's/40's during the greatest economic period of American history, so it gets better?

@mateojjz Don't be silly. If you were born around 1915, you came of age during the depths of the depression, and you would...

What is it that you imagine was meant by "in over a century" in the title? Was that section optional reading?

Anonymous +7Reply
@mateojjz Don't be silly. If you were born around 1915, you came of age during the depths of the depression, and you would...

Well, if you want to get picky about it, the biggest war the planet had ever seen was also an insanely huge economic boon for the US. So if you made it, you were in extremely good shape compared to today's 30-40 year-olds.

ChootinNPootins avatar ChootinNPootin Yeah You Are +7Reply

Then we're going to get blamed for all of it.

Haha jokes on them... ohno wait I did start a family...

Who were the Presidents at the time of these recessions?

Well I'm still too broke to afford to eat

Sell the baby and buy some cheap stocks. Then have another, hopefully cuter, baby.

Chose not to start a family after the first one

Born in 1992. Got my first job around 2008 and have twins on the way due in July. 2 for 2. Impeccable timing.

What happens when your bootstraps tear off, is that good?

People start families? Weird

I'm just going pay for internet and of course weed and food. Attempt to file for emergency unemployment again this week something due to an increase volume of calls

Anonymous +6Reply

Hopefully there will also be a recession when I'm getting ready to retire.

I'm going for the hat-trick.

In a decade maybe. Recessions happened early 90s, early 2000s, and late 2000s, and they happen about every 6-9 years historically.

I entered the job market in 91 (recession) and started a family in 2000, right before things crashed. First job out of college was at $9/hour and I got laid off 7 months after my daughter was born. I landed on my feet just fine, just kept moving forward.

You gotta experience the bad to truly appreciate the good.

ChootinNPootins avatar ChootinNPootin Yeah You Are +6Reply

Smooth sees never made for good sailors hey

Anonymous +6Reply

Yo some of us out here not doing either and still broke af somehow

Trust me it sucks

Anonymous +6Reply

But "Give me a break..." and "Back in my day..."

Luckily enough- ,oh wait I'm not a millennial...

Or graduate college during the great recession. Finally decide that the stalled career wasn't working out, go back to college just in time to graduate during the next recession!

Anonymous +6Reply

Lol start a family. Millenials are trying to pay their bills. The only people with kids from my age group (33) are the ones with rich parents that bought them houses etc

Lol some of us are still too broke to have started a family.

@AJQ1986 Lol some of us are still too broke to have started a family.

Lol, I'd settle on a car from this decade and a livable wage.

@AJQ1986 Lol some of us are still too broke to have started a family.

A family?

I'm still saving for a second pair of pants.

Anonymous +11Reply
@A family? I'm still saving for a second pair of pants.

I'm 28 and I think I can count the number of items of clothing I have purchased for myself on one hand

@A family? I'm still saving for a second pair of pants.

Have you tried cutting your Starbucks and avocado toast budget? When I cut mine, I found that I suddenly had more than enough to pay rent and start saving! Give it a shot!

/s

Caper-Xs avatar Caper-X Yeah You Are +7Reply
@A family? I'm still saving for a second pair of pants.

Oh look at Mr fancy pants here who can afford pants

Anonymous +6Reply
@A family? I'm still saving for a second pair of pants.

Who needs pants when you could just wear that towel you found in the dump!

@Weareblahs Who needs pants when you could just wear that towel you found in the dump!

Well look at you all bougie, living in a neighborhood that has a dump

@Kaysax Well look at you all bougie, living in a neighborhood that has a dump…

It's not a legit dump, just an abandoned lot where everyone throws their old appliances and doll eyes.

Anonymous +5Reply
@It's not a legit dump, just an abandoned lot where everyone throws their old appliances and doll eyes.

Well look at you all bougie, living in a neighborhood that has abandoned lots with doll eyes

Darealkyps avatar Darealkyp Yeah You Are +2Reply
@Darealkyp Well look at you all bougie, living in a neighborhood that has abandoned lots with doll eyes

You can use those as hair accessories and make a Doll-eye Parting.

Jolene, Jolene, Jolene Joleeeene...

@Velstrom dumpster diving gang rise uppp!!!

We'll be like a discount version of the Sunny gang.

...that's pretty low.

@AJQ1986 Lol some of us are still too broke to have started a family.

Or to have bought a house or had any meaningful amount of money saved up

@AJQ1986 Lol some of us are still too broke to have started a family.

Literally what I came to say lol. Even thinking about a house or family until I'm 50 seems like a joke.

Millennials are hitting 40 this year. I suspect a lot of those that are ever going to start a family may already have done so.

@Peter_Sikoski 38. But it's true, Elder Millenials are raising young Gen Z's.

Elder Millennial sounds pretty badass. Some kind of extraplanar d&d creature or some Lovecraftian horror maybe.

Anonymous +3Reply
@baron7755 Millennials are hitting 40 this year. I suspect a lot of those that are ever going to start a family may already...

I'm 31. Got married six months ago. Planning on starting a family later this year.

Maybe.

First real job in summer 2008. In banking. Lost it. Took forever to get back up the ladder. Had a kid 5 months ago.

Times up. Let's do this!

Nope. Recessions happened much more frequently prior to 2008 then they have since. We are just coming out of the longest period of sustained growth in US history. Get your facts straight.

Bold of you to assume I had the money or self-esteem to start a family.

The damn thing's been a recession

1990:1991 then 1997 was a down year then 2001/02 —9/11 and 2008/2011 full fubar

It's happen before and will again

You guys want families?

my brother got his first real job just 2 months ago

jodzdzownicas avatar jodzdzownica Yeah You Are +5Reply

And the boomers will still complain that they had it the toughest!

Anonymous +5Reply

Jokes on them. I never had enough money to start a family to begin with after the last recession. Thanks Avocado Toast.

Anonymous +4Reply

and then suffer a recession when retiring...

@Apellllll and then suffer a recession when retiring...

You say that like we're gonna _be able_ to retire

@Apellllll and then suffer a recession when retiring...

Well... we do have a recession every 10 years and millennials age group spans like 15 years so naturally this would be true.

Don't discount all the people near retirement who may never see their money again. We're already anticipating a nursing and health care shortage for seniors. Having their retirement funds wiped out will be catastrophic.

It's ok, euthanasia is here to save the day!

@landlevenlover Don't discount all the people near retirement who may never see their money again. We're already anticipating a...

They'll do what they did last time - stay in the work force and increase unemployment for the younger generation.

Anonymous +7Reply

I see 23 yr olds talking about promotions . When I was 23 (2008) jobs didn't exist, let alone promotions

Meh, there's more to come. The longer you live, the more you live through.

We also went through Dot Com bust, 9/11 and the short recession that followed. All right around the start of adulthood for us older Millennials.

I think this is the winter coming. We've all been sweet summer children until now.

On the bright side I haven't lost a cent with the stock market crashing because I have nothing to lose!

Sorry. We have had a recession almost every 10 years or so, since the great depression.

Some larger, some smaller. But every decade has had one

MrSorrys avatar MrSorry Yeah You Are +3Reply

That's why I ordered extra strength boot straps off amazon

Anonymous +3Reply

Stay down. Final warning.

When supposed to start a family

Anonymous +3Reply

I have great opinions on my parents.

Want to hear then?

Anonymous +3Reply

I legit just graduated on the 13th and had this job lined up 3 weeks before graduation, did their online safety trainings etc. They were waiting for me to finish classes and now they have no idea when I'll be able to start work because this pandemic has effected business. Also I quit work to focus on my schooling. So I've already been using my savings for car payments, cell phone etc.

Anonymous +2Reply

Australia gang

Anonymous +2Reply

All good man! We are used to it at this point. Managed to pull investments out of the stock market ahead of the crash this time!

Honestly that's a sucky thing to think about...

Anonymous