Singles, without children and living with their parents, that’s how millennials survive in Mexico

288

A study by De las Heras Demotecnia analyzes consumption, what they do and the family and social situation of millennials.

In a special investigation about the millennial generation in Mexico carried out by the polling house De las Heras Demotecnia, their consumption habits, what they do and their current family and social situation were analyzed.

The study locates the identity of those born between 1980 and 1995.

47% of Mexican millennials are currently studying, and of this universe, 75% still receive the support of their parents or family to cover their school expenses.

In fact, 63% of respondents mentioned that they still live with their parents, which does not bother four out of 10 respondents.

The lifestyle of the young people surveyed, regarding the formation of a family, reveals that six out of 10 young people are not in a hurry to start an adult life like their parents.

On the other hand, for the millennials interviewed, the ideal average number of children that couples should have today is 2.4.

Currently 52% of the interviewees are single and have no children, 16% are married, 13% live in a free union, 10% have a dating relationship, 5% are single with children, 2% are in an open relationship, and 2 %, divorced, revealed De las Heras Demotecnia.

Fixed costs

On the maintenance and maintenance of the homes of the millennials, of the family nucleus from which they come, 33% say that both their father and mother work, 29% mentioned that only their father is the one who does it, 12% answered that their mother is the one who works and maintains the home and only 6% said that another relative other than their parents is the one who maintains the home.

Regarding their occupations, he reported that 18% of millennials work in the private sector, while 11% work on their own, 8% work in the home, 7% work as a worker, 5% work in the public sector or government, 3% are unemployed, 2% are dedicated to teaching, 2% mentioned being an entrepreneur, 1% are domestic workers and 1% are dedicated to work in the field.

According to the National Institute of Statistics and Geography (INEGI), millennials represent 46% of the employed population in the country. Of these, 51% of young people who work earn up to three minimum wages per month ($ 7,952), and only 4% of them earn more than five monthly minimum wages (more than $ 13,254).

In the workplace, 62% of millennials agree that in a job they prefer to participate and collaborate and not only to tell them what to do. On the other hand, 53% prefer a job that makes them happy even if they do not earn a lot of money.

Consumption habits

The majority of young people surveyed by De las Heras Demotecnia claimed to have a good relationship with their parents, partner and friends. In addition to feeling comfortable with his physical appearance and his studies. On the other hand, the areas in which they do not feel so satisfied is in their work and in their economic situation.

About the relationship that millennials have with money, 54% prefer to spend their money on experiences and not on possessions. More than half consider that social networks are a powerful instrument to make their voices heard.

Finally, for many it is well known that millennials are digital natives, to such a degree that most of them use electronic devices to stay informed and make purchases.

In fact, 48% of respondents use the internet and social networks as a source of information to know what is happening in the country, 33% are reported through television, 9% by newspapers and 5% by radio.

The study included 3,000 face-to-face interviews in the main cities of the country, with a confidence level of 95%, with a margin of sampling error of +/- 1.8%.

Source: forbes mx

The Mazatlan Post