Wednesday, July 24, 2013

EOC: Week 3 - My Demographic

1.     Echo Boomers are the largest generation in U.S. History since the Baby Boomers.
2.         There are approximately 80 million Echo Boomers between the birth dates 1982 to 1995.
3.         Echo Boomers are also called Millennials and are part of Generation Y.
4.         Post housing collapse, Echo Boomers hold the highest unemployment rate of any U.S. demographic.
-TRUE: People in my generation have difficulties finding jobs.
5.         Echo Boomers are more isolationist than former American generations.
-TRUE: I prefer to work alone, I get irritated when I am surrounded by crowds.
6.         Echo Boomers use technological forms of news.
-TRUE: I receive news faster on social media sites rather than any other method.
7.         Echo Boomers favor pragmatic policy over ideological policy.
-TRUE: A pragmatic policy appears to be more just towards me rather an ideological policies.
8.         Among all different political views, Echo Boomers are influenced most by their parents.
-TRUE: I always vote for who my family votes for.
9.         A small percentage of Echo Boomers move back in with their parents, and this act is not stigmatized as irresponsible.
-TRUE: Many of my peers move out early and decide it was too big of a responsibility for their age.
10.      Echo Boomers think that China will pose the largest problems for the United States in the future.
-TRUE: With such a great amount of our manufacturing happening in China, they play a huge role in our country.
11.      Echo Boomers observe religion far less than former generations.
-TRUE: Fine lines tend to be blurred when it comes to religions and their unique beliefs.
12.      As of 2009, only 21% of Echo Boomers were married.
-TRUE: I am not married.
13.      As of 2009, Millennial median household income is $58,620.
-TRUE: My household makes a number close to that.
14.      As of 2009, 54% of Echo Boomers lived in the suburbs.
-TRUE: At one point or another, most of my peers along with myself have lived in the suburbs.
15.      Echo Boomers seem less interested in owning their own vehicles than former generations.
-TRUE: Our generation has less motivation in achieving the American Dream.
16.      90% of Echo Boomers over the age of 18 have access to the internet; 75% of Echo Boomers use some form of social networking; 40% of Echo Boomers have no land-line.
-TRUE: Everyone I know my age has internet access and social media.
17.      40% of Echo Boomers have a tattoo.
-TRUE: A lot of people my age, including myself have tattoos.
18.      Echo Boomers define themselves through their relationships with other people.
-TRUE: Social acceptance is very important to my generation.
19.      Echo Boomers value time over money and value relationships over work.
-TRUE: This generation is very sentimental.
20.      Echo Boomers tend to buy products on the basis of peer suggestions, not advertising or public relations.
-TRUE: Echo boomers care about their social appearance more than their self-perception.
21.      Only 20% of Echo Boomers list owning a home as a major priority.
-TRUE: This generation’s mindset is more on the present rather than the future.
22.      While only 21% of Echo Boomers are married, 34% of Echo Boomers already have kids (source).
-TRUE: A significant number of my peers are married and have children.
23.      The average Echo Boomer remains at a job for 1.5 years (source).
-TRUE: The older generations tend to stay longer within one job while my generation tends to explore other options.
24.      80% of Echo Boomers have used an online service in the past 30 days (source).
-TRUE: Online shopping is a big hit for this generation.
25.      33% of Echo Boomers have used mobile services in the past 30 days (source).
-TRUE: My peers and I rely on quite a few mobile services because it is convenient.
26.      48% applied for a credit card online (source).
-FALSE: My peers and I all applied through the bank itself.
27.      Wealthy Echo Boomers prefer digital online media over Television, radio, and print (source).
-FALSE: I still prefer books over computers.
28.      In 2008, approximately 40% of Echo Boomers aged 18-24 are enrolled in college.
-TRUE: My parents’ generation didn’t put as much importance to a college education as my generation does.
29.    The average Echo Boomer spends $30 per mall visit.
-TRUE: I haven’t been to the mall without spending at least $30.




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