The Daily

It Sucks to Be 33

Mar 14, 2024

Jeanna Smialek, a U.S. economy correspondent for The New York Times, dives into the unique struggles of the cohort born in the early '90s. She discusses how these peak millennials grapple with economic adversity, from student debt to career instability, while trying to hit traditional life milestones like homeownership and family planning. Jeanna highlights the profound impact of the Great Recession and rising costs of living on their aspirations, revealing the pressures faced by a generation navigating a system that's often too small to accommodate them.

26:27

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Episode guests

Jeanna Smialek

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Quick takeaways

Peak Millennials born in the early 1990s have a significant impact on the economy and housing market.

Delayed economic milestones of peak millennials may influence future fertility rates and retirement systems.

Deep dives

Genetic Research on Children's Mental Health

Emerging genetic research is expanding our understanding of children's mental health, shedding light on the hereditary component of many mental illnesses.

Economic Trends in Relation to Personal Life Events

01:25

Economic Challenges of Peak Millennials

01:36

Competition and Disillusionment Among Millennials in the Housing Market

01:42

Intro

2min

Millennials at a Crossroads

12min

Navigating Economic Struggles in Early Adulthood

3min

Millennial Delays: Economic Impacts and Challenges

9min

Exploring Pediatric Health and Industry Challenges

2min

Whistleblower's Fight for Safety at Boeing

2min

Jeanna Smialek, who covers the U.S. economy for The Times, will be 33 in a few weeks; she is part of a cohort born in 1990 and 1991 that makes up the peak of America’s population.

At every life stage, that microgeneration has stretched a system that was often too small to accommodate it, leaving its members — so-called peak millennials — with outsize economic power but also a fight to get ahead.

Guest: Jeanna Smialek, a U.S. economy correspondent for The New York Times.

Background reading:

When millennials gripe that they get blamed for everything, the accusers might actually be onto something.
Millennials have the children, but boomers have the houses.

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The Daily

It Sucks to Be 33

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

Genetic Research on Children's Mental Health

Impact of Peak Millennials on the Economy

Long-term Consequences of Peak Millennials' Delayed Economic Progress

Economic Trends in Relation to Personal Life Events

Economic Challenges of Peak Millennials

Competition and Disillusionment Among Millennials in the Housing Market

Remember Everything You Learn from Podcasts