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Millennials resonate with the idea of the sharing economy since it perfectly fits their budgets. Millennials took longer than expected to enter the job market—and at lower wages.
I believe that consumption demand patterns among millennials, including an emphasis on quality of life, is somewhat influencing this demand for travel and leisure, tech products and personal services.
More recently, though the employment situation of Gen Y, as millennials are also known, has greatly improved since 2010, there have been signs that tougher economic times may again be ahead.
