Centre for Research in Social Policy

School of Social, Political and Geographical Sciences

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#YOLO: Millennials are buying experiences but are not necessarily better off

Millennials (individuals born between 1981 and 2000) are often portrayed as living short term and therefore spending on immediate rewards – eating out, social events, travels – rather than on investing on long-term possessions, like housing. In the end, ‘YOLO – You Only Live Once’. I am a millennial; I eat out, I go to […]

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Employment growth does not mean a socially acceptable standard of living for many young adults

At the end of 2014, we learned that joblessness in the UK reached its lowest since the beginning of the financial crisis of 2008.   According to the ONS, unemployment is now 6 per cent, having reached its peak at 8 per cent in 2009. This seems to be good news, especially for young adults who […]

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