Study: Young People Upbeat Despite Sluggish Economy

Study: Young People Upbeat Despite Sluggish Economy
News

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

Politics Aaron Kaufman

An Open Letter To All The People Who Don’t Believe In Global Warming

Dear Climate Change Doubters, We have been sparring for more than 15 years now. Over the course of that period, you have successfully delineated climate change as a political issue subject to partisan debate. Time and time again, you have shrewdly challenged overwhelming scientific consensus on the issue, pinning your campaign’s central arguments to insignificant […]

World Sean Levinson

Forget Raving, MDMA Is Helping War Veterans Cope With Their PTSD

Tony Macie is one of the many Iraq veterans who returned home with post traumatic stress disorder. Doctors gave him anti-depressants but, as usual, they were no use. Thankfully, Tony is very open-minded and had heard of alternative methods of combating PTSD being experimented on in the Multidisciplinary Association for Psychedelic Studies (MAPS). Those are […]

World Katie Gonzalez

This Anti-Bullying Commercial Means Well But Completely Misses The Mark

Er… this anti-bullying PSA might prove that sometimes, something that is well-intentioned can still fail to deliver. The commercial, produced on behalf of VH1 by advertising agency Del Campo Saatchi & Saatchi, attempts to show how bullying is bad, and the ways in which students can cope after they’ve been victimized by the school’s biggest […]

Also On Elite

Politics

The Obama Administration Is Willing To Work With Congress To Reclassify Marijuana

On Friday, Attorney General Eric Holder announced that the Obama administration would consider removing marijuana from the federal government’s list of most dangerous drugs. Of course, the move would entail a reexamination of the drug. This is not the first call to arms for the administration to reevaluate the danger level of the drug. Multiple […]

Sports

Nick Young’s House Was Robbed For $100k Worth Of Stuff During Lakers Game

The man they call “Swaggy P” had some of his swag stolen this past Sunday night. The Los Angeles shooting guard has been one of the few bright spots in this dismal Lakers season, as his electric scoring and fan-friendly attitude have endeared him to the community. Nick Young is widely known as one of […]