Sometimes humanity comes up with nice words to classify itself. The generation born after the Western post–World War II baby boom (1946-1964) ended some preferred to call them, the generation born between 1964 and 1981, Generation X, commonly abbreviated to Gen X, so those coming after them would then to be called Generation Y, though soon they would come to the end of the alphabet.
The Gen Xers for a time were also called the “baby bust” generation, because of the declining birth rate that started in 1964, officially ending the post-war baby boom.
The Y generation is also known as the Millennial Generation (or Millennials) which would best describe those born around the turn of the century after the 2° World War.
For the Babyboomers “Generation X” was the best undefined name to be put on the label for those who did not seem to have a real goal and own idea. For them it were a a group of young people, seemingly without identity, who faced an uncertain, ill-defined (and perhaps hostile) future. The 1991 novel, Generation X: Tales for an Accelerated Culture by Canadian author Douglas Coupland, concerning young adults during the late 1980s and their lifestyles, confirmed the tagging. Though in the US Generation X was originally referred to as the “baby bust” generation because of the drop in the birth rate following the baby boom. Was it not that it also could imply that it was a ruined generation it certainly was not penniless. The world could see a Spoiled Generation with many different groups like the Millet Generation. Generation X is also called the “13th Generation” (In the 1991 book Generations, by William Strauss and Neil Howe) and considered the group of those born between 1961 and 1981. 1970, the approximate mid-point of the “13th Generation”, had the lowest birth rate of this period.
While in most of the developed world, a person born in 1985 and a person born in 1990 are considered the same generation; in China, those born in the ’70s are called the “post-70s” generation, those born in the 80s the “post-80s” generation, and those born in the 90s the “post-90s generation”*
In China and Japan you could really find a workaholics generation, while here in the West the parents of those kids born in 1970ies were perhaps workaholics, but the children did not become that because they found everything to come to them just like that, not having to do too much. Often they were spoiled by their parents who wanted to give them the best they could.
China’s post-1980s generation is proving to be passionately entrepreneurial as the economy prospers, a new survey shows. More than 54 percent of the adults younger than 30 surveyed are planning to launch their own businesses. That compares with 44 percent of people born in the 1960s and 70s. The figure for people born in the 1950s is about 39 percent. (The findings are part of the Kelly Global Workforce Index, which is conducted by Kelly Services, an international human resources company.)**