25 Interesting Statistics about Millennials

Millennial Statistics

The Millennial generation is coming…

Here are the facts and figures that you need to be aware of to stay “in-the-know”

Millennial want to save the world.

Millennials are coming out of school in debt.

Millennials spending habits

  • 63% of Millennials stay updated on brands through social networks. [Ipsos]
  • 48% of Millennials say word-of-mouth influences their product purchases more than ads. [Intrepid]
  • 41% of Millennials have made a purchase using their smartphone. [Edelman Digital]
  • 32% of Millennials say they don’t like advertising in general. [Experian Simmon]
  • 84% of Millennials report that they pay attention to user generated content. [Bazaarvoice]
  • Millennial annual spending is expected to be $2.45 trillion by 2015. [Oracle]

Millennials hate the word “employee”

  • Millennials account for 36% of the U.S. workforce. By 2025, they will account for 75% of the global workplace. [U.S. Bureau of Labor Statistics]
  • 41% of Millennials do what their managers tell them to do. [Strategy+Business]
  • Millennials do not feel they deserve special treatment. [PwC]
  • 80% of Gen Y said they prefer on-the-spot recognition over formal reviews. [Achievers and Experience Inc.]
  • 70% of Millennials have connected with their co-workers on Facebook. [Cisco]
  • The average Millennial is connected to 16 co-workers on Facebook [Identified.com]
  • To replace each Gen Y employee, it costs an average of $24,000. [Beyond.com]
  • If a company bans social media, 56% of Gen Y’s say they won’t work there. [Cisco]
  • The average Millennial will keep a job for 2 years. [PayScale]
  • 40 percent of Millennials think they should be promoted every two years [Time US]