Study: Young People Upbeat Despite Sluggish Economy

Study: Young People Upbeat Despite Sluggish Economy
News
Like Us On Facebook
Like Us On Facebook

While many are concerned with how business owners and government officials will react to the financial crisis, a study done by Viacom International Media Networks shows that its millennials who are feeling the global slump more than ever at this point in time.

According to this study, 68% of kids ages 9-30 from all around the world feel that the global economic troubles will personally effect their lives, whereas 75% of them are convinced that they won’t make as much money as their parents throughout their entire lifetime. Probably the worst conclusion was that 49% believe that the situation will only get more bleak and their chances for success are decreasing each day.

When asked how stressed they were on a day to day basis, however, only 33% replied that they felt a debilitating amount of stress towards the current economy. It seems that millennials have come to accept the world they have inherited and are now devoted to enjoying the time they have by being grateful for everything they have given from their hard working parents and friends.

Bob Bakish, conductor of the study, reported that kids are not as interested in money and cars as they are in making sure that they are making the most out of the companionship in their lives, most of which is due to the fact that the economic crisis has united everybody it has effected through sympathy and preservation.

Bakish is under the impression that millennials are still as upbeat as ever in this pessimistic atmosphere, taking this misfortune as a reason to be grateful for the people around them and the little things that make life special.

Sean Levinson | Elite. 

Share Tweet
React
Like Us On Facebook
Like Us On Facebook

Sean Levinson

Sean Levinson loves writing almost as much as he loves ranting about politics. Elite Daily lets him do both, and he couldn't be happier now that he's finally putting his years at SUNY New Paltz to good use. When he's not writing, Sean enjoys nature excursions, playing the guitar and the Ultimate Fighting Championship. Look for him on "Real Time with Bill Maher," where he regularly appears in his most precious fantasies.

More In News

World Sean Levinson

Malaysia Airlines Made The Worst Mistake Ever By Launching A ‘Bucket List’ Competition

Malaysia Airlines managed to make a complete fool out of itself while simultaneously terrifying potential customers in its latest marketing tactic. According to Time, the world’s unluckiest airline launched a competition in Australia and New Zealand last week giving away free economy-class tickets and iPads. The competition was called “My Ultimate Bucket List,” and contestants […]

Also On Elite

Women

It’s Not Us, It’s You: 5 Honest Reasons Girls C*ckblock Other Girls

It’s something men aged 14 to 40 all have in common, and it can’t be stopped. It’s the quickest way to lose your two-drink investment and instead go home to your tissue box. No game is safe when there’s a cockblock on the loose. Many men complain about falling victim to cockblocking or the greater […]

Technology

The Future Of Our Country: Georgia Teens Develop App To Challenge Police Abuse

The recent events in Ferguson, MO, have sparked a national discussion about the fragile dynamic between police departments and the communities that officers patrol. From the shooting that led to the initial protests in Ferguson to the way officials have responded, people around the nation are growing concerned about the amount of accountability placed on police […]