Re: Gen X - Contrary to what most seem to think, Gen Xers are the tail end of the boomers - those born between 1961-65. We get lumped in with the Boomers, but we didn't actually benefit from any of the boomer stuff because of the glut of boomers ahead of us. See this article, for example:
These days, Foot says Generation X has two meanings. There's the real Generation X -- those born in the early '60s -- and the marketing Generation X -- anyone born between 1960 and 1980.
"The marketing of Gen X has all the opposites of the popularized Gen X that was portrayed by Coupland," he says.
The real Gen-Xers were at the tail end of the boomers, just before the pill became commonplace and birth rates dropped dramatically. The Gen-Xers in many ways lived in the shadow of the rest of the boomers.
By the time they were ready to enter the workplace, it was already overcrowded with those born in the decade before them.
"They came into a world in the early '80s, where there was a deep recession in Canada when youth unemployment was at record-high levels, and it took them forever to get established," Foot says.
He says the generation that followed was much smaller in numbers and faced less adversity than the real Generation X -- though they, too, faced the recession of the early '90s.
While Gen-Xers are technically part of the baby boomers, their experience of work and finance has more in common with the generations that follow, Foot says.
no subject
These days, Foot says Generation X has two meanings. There's the real Generation X -- those born in the early '60s -- and the marketing Generation X -- anyone born between 1960 and 1980.
"The marketing of Gen X has all the opposites of the popularized Gen X that was portrayed by Coupland," he says.
The real Gen-Xers were at the tail end of the boomers, just before the pill became commonplace and birth rates dropped dramatically. The Gen-Xers in many ways lived in the shadow of the rest of the boomers.
By the time they were ready to enter the workplace, it was already overcrowded with those born in the decade before them.
"They came into a world in the early '80s, where there was a deep recession in Canada when youth unemployment was at record-high levels, and it took them forever to get established," Foot says.
He says the generation that followed was much smaller in numbers and faced less adversity than the real Generation X -- though they, too, faced the recession of the early '90s.
While Gen-Xers are technically part of the baby boomers, their experience of work and finance has more in common with the generations that follow, Foot says.