What is the age range for individuals classified as Generation Y?

Generation Y, often referred to as Millennials, typically encompasses individuals born from the early 1980s to the mid-1990s to early 2000s. The range considered accurate for Generation Y is from 1980 to around 2000. The choice that captures the widely accepted definition most closely is the range of 1979 to 1994. This range highlights the cohort's unique cultural and technological experiences, such as growing up during the rise of the internet and mobile technology.

The identification of this generational cohort is significant because it helps in understanding the societal and economic trends that have shaped their values and work ethics. This understanding can guide businesses and employers in tailoring their strategies to align with the preferences and behaviors of this age group.