Deloitte’s global survey of 23,000+ Gen Zs and millennials finds these generations focused on growth and learning as they pursue money, meaning, and well-being. Who are Millennials? Explore age range, key characteristics, and importance of the Millennial Generation for CBSE, UPSC, and SSC GK exam prep. The characteristics of millennials differ depending on the region. They also vary based on the socio-economic conditions of the area. You’ve heard it all before: millennials are lazy and baby boomers are mega-rich. But what do these labels really mean and which generation are you?