American Dreams

American Dreams

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  MILLENNIALS DECONSTRUCTED 02 March 2017 AMERICAN DREAM(S) ResearchBy: THE
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  01 The American Dreams 02 BlackMillennials: Optimistic In The Face Of Obstacles 06 Hispanic Millennials: The Traditional Americans 08 Asian Millennials: Beyond The ‘Model Minority’ Label 11 White Millennials: Assumed Success And Apathetically American 15 Where The Dreams Might Take Us 16 Methodology And Sources CONTENTS
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  “HOW THE AMERICANDREAM TURNED INTO A NIGHTMARE.” – Newsweek “THE AMERICAN DREAM IS SLIPPING AWAY.” – The New York Times “A BIG PART OF THE AMERICAN DREAM IS DYING.” – Business Insider “THE AMERICAN DREAM IS BACK.” – USA Today – Financial Times “REQUIEM FOR AN AMERICAN DREAM.”
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  1 THE AMERICAN DREAMS By:Chaille Alcorn As the most diverse generation in U.S. history, the Millennial generation ascribes to no singular American Dream. When it comes to decoding their relationship with this national ethos, cultural and ethnic background matters. There’s no shortage of recent discussion about the American Dream’s evolving status and definition. While valid and necessary, we don’t intend to add to it in this report. What we do intend to do is start to tell the untold cultural stories behind the various American Dreams that exist today among the four key Millennial racial/ethnic segments – Black, Hispanic, Asian, and White. This report is based on 2016 data from a collaborative research study conducted by Richards/Lerma and The University of Texas, Stan Richards School of Advertising and Public Relations and designed to gain a more thorough understanding of the complexities of today’s highly diverse multicultural Millennial group. The study, “Millennials Deconstructed,” consisted of a national online sample of Black, Hispanic, Asian, and White Millennials between the ages of 18 and 34 and Hispanics 35+ for comparison, and explored three separate topics: political beliefs and attitudes, the American dream, and media behavior. A series of qualitative one-on-one interviews were conducted following the quantitative study to gain additional insights into survey findings. Although our initial intent in this report was to strictly define and deconstruct the American Dream by racial/ethnic segment, a much more interesting story emerged after analyzing the results. When zooming into the differences between the segments, the data reached out and smacked us with untold cultural stories that challenge popular notions about each race and ethnicity. While the differences between the way the groups define and relate to the American Dream are interesting, what’s far more compelling is how their cultural and ethnic background shapes their responses in counterintuitive ways. In other words, it’s not only the what we want to talk about, it’s the often neglected how and why. 1) We cannot ignore their power. Millennials and their ever- increasing influence has become a common topic. Millennials have officially surpassed Baby Boomers with an estimated 83 million, and now comprise more than one quarter of the overall U.S. population1 . 2) Millennials are the most diverse generation in U.S. history. More than 44 percent are considered a minority. It’s these dynamics that are pushing our country to become a minority majority by 20442 . 3) Given their diversity, there’s a need for research that deconstructs and nuances the generation. Much of the research surrounding Millennials and U.S. minority shifts is generalized without considering the details that allow us to understand the differences between varying Millennial ethnic groups. WE’VE CHOSEN TO FOCUS ON MILLENNIALS FOR A NUMBER OF REASONS: “...the data reached out and smacked us with an untold cultural story.”
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  2 BLACK MILLENNIALS OPTIMISTIC INTHE FACE OF OBSTACLES In most minds, the phrase race relations evokes the relationship between Black and White America. In 2017, the phrase also evokes something else: an image of deterioration. This is a modern image that many did not expect. After the civil-rights successes of the 1960s, sociologists argued that class would soon displace race as the most important social variable in American life. Surely enough, by the mid 2000s, we experienced the foretaste of a post-racial society and politics. We don’t need a source to tell you that race relations in America are suffering. Expecting to uncover at least hints of despair, apathy, and hopelessness in Black Millennials, we found the opposite. They are the most optimistic segment. With a heightened sense of control over their future, they have the most faith that their hard work will pay off. “The Black middle class was vibrant and growing as the average Black wealth nearly doubled from 1995 to 2005. Race appeared to lose its salience as a political predictor: More and more Blacks were voting Republican, reversing a decades-long trend…Our politics grew increasingly ideological and less racial: Progressives and the beneficiaries of a generous social-welfare state generally supported the Democratic Party, while more prosperous voters were more likely to support Republicans. Stable majorities expressed satisfaction with the state of race relations3 .” “Both the White poor and the Black poor began to struggle mightily, though for different reasons. And our politics changed dramatically in response. It’s ironic that the election of the first Black president marked the end of our brief flirtation with a post-racial politics…The Black wealth of the 1990s, it turned out, was built on the mirage of house values. Inner-city murder rates, which had fallen for decades, began to tick upward in 2015. In one of the deadliest mass shootings in recent memory, a White supremacist murdered nine Black people in a South Carolina church. And the ever-present antagonism between the police and Black Americans - especially poor Blacks whose neighborhoods are the most heavily policed - erupted into nationwide protests3 .” But in the midst of the financial crisis of 2007, something happened: The images and headlines we see and hear in the news today have an eerie resemblance to those of the ‘60s and ‘70s. Racial wounds we thought were healed have been festering all along, and political parties are talking past one another more than what feels like ever before. With all that has transpired since 2007, it’s no surprise that in the first wave of our Millennials Deconstructed study on political beliefs and attitudes (“A New Political Beat”)4 , Black Millennials ranked race issues as the top issue facing our country today. But how have deteriorated race relations influenced Black Millennials’ American Dream? A reasonable person may expect to uncover a sense of despair, apathy, or hopelessness. In this case, a reasonable person would be wrong. “A reasonable person may expect to uncover a sense of despair, apathy, or hopelessness. In this case, a reasonable person would be wrong.”
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  Rather than disrespect,they have pride. 83% of Black Millennials say they are proud to be an American. This suggests their vocalization of injustice isn’t at odds with respect for their nation. In fact, it’s possible their motivation to speak up is because of their national pride, because they hold their country to a high standard. What’s more, rather than apathy, they have hope. One of the most staggering findings of all in the midst of our nation’s current racial upheaval is that Black Millennials are more optimistic than the other Millennial segments. Although they are less likely to say they are currently satisfied with life, they are the most optimistic about the future. DO YOU BELIEVE YOU ARE LIVING THE AMERICAN DREAM? You’ve probably encountered people in your life who are very bothered by Black activism (think Black Lives Matter) and Blacks’ unwavering allegiance to the Democratic Party. Maybe one of those people is you. Certainly, movements like Black Lives Matter and identity politics are not without flaws. But we suspect some of this annoyance can be chalked up to a misunderstanding; a classic case of talking past one another. When Black activists call out systematic racial oppression and White privilege, some interpret this as showing disrespect for America, apathy, playing the victim, asking for handouts, and shirking personal accountability for the state of their and their communities’ lives. However, in the data we found evidence that the exact opposite might be true. HEIGHTENED LEVELS OF AMERICAN PRIDE, FUTURE OPTIMISM, AND FAITH IN HARD WORK They illustrated this hope once again when we asked them if they believe they are living the American Dream. Although Black Millennials are the least likely to say they are currently living the American Dream, the majority believe they can. Optimistic or Very Optimistic Any Satisfied (Somewhat-Very) HOW SATISFIED ARE YOU WITH YOUR LIFE? HOW OPTIMISTIC ARE YOU ABOUT THE FUTURE? 61% Millennials 54% HispanicMillennials 54% AsianMillennials 50% WhiteMillennials BlackMillennials HispanicMillennials AisanMillennials WhiteMillennials 67% 66% 71% 71% 3 16% White 16% Hispanic 14% Asian Not living the dream, and don’t believe I can 16% Black 49% Asian 53% Hispanic 42% White Not living the dream, but believe I can 55% Black 36% Asian 31% HIspanic 29% Black Living the dream 43% White Black
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  And when askedhow likely they think they are to achieve the most important characteristics of their ideal future, Black Millennials were more likely than all other segments to answer “very attainable” on 10 out of the 15 characteristics presented to them. ATTAINABILITY OF FUTURE ASPIRATIONS Very Attainable 4 Owning a home Being happy regardless of what I have Getting a college or advanced degree Helping others Having a family Living in a city I love Passionate about and enjoying what I do for a living Being free to pursue my personal or professional passion Traveling Experiencing and learning new things Having a spiritual life Black Hispanic Asian White Getting married Having close friends 37% 44% 27% 43% 43% 48% 41% 42% 38% 43% 39% 28% 32% 39% 58% 29% 40% 29% 38% 31% 39% 35% 42% 37% 37% 20% 26% 29% 37% 43% 26% 24% 16% 34% 37% 35% 26% 36% 23% 26% 30% 26% 32% 32% 56% 21% 29% 28% 23% 27% 37% 26% 41% 22% 31% 29% 32% 17% 46% 53%
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  5 The study ofthis segment revealed the high energy and optimism Black Millennials are contributing to the state and psyche of America. With an immortal optimism in the midst of racial tension and societal stereotypes, they remain driven to live their American Dream. This is a dream that propels them to be diligent in their aspirations and ambitions, and a dream that rides on the tracks of equality for them and their peers. Their speaking out against racial injustice is not at odds with their self-accountability or love for America, but rather a direct result of it. Any Agree (Somewhat-Strongly) Agree or Strongly Agree DO YOU BELIEVE THAT EVERYONE CAN ACHIEVE THEIR DREAMS IF THEY TRY HARD ENOUGH? I BELIEVE THAT I HAVE CONTROL OVER MY FUTURE If there was one Millennial segment that we would expect to reject the American Dream concept, it’d be Black Millennials. Instead, what we found is that while they readily admit their race has made it more difficult for them to achieve the American Dream, they are more likely than other groups to say they still strive for it. The American Dream remains a relevant and important part of their lives. Agree or Strongly Agree STILL BUYING INTO AND STRIVING FOR THE AMERICAN DREAM AN OPTIMISITIC FORCE FOR AMERICA’S FUTURE 59% 56% HispanicMillennials 55% AsianMillennials 46% WhiteMillennials “...while they readily admit their race has made it more difficult for them…the American Dream remains a relevant and important part of their lives.” As some may suggest, it doesn’t appear that this optimism stems from faith in government intervention either. Representing the antithesis of self-victimizing, entitlement, and asking for handouts, Black Millennials place more value and faith in hard work than the other Millennial segments. They are more likely to believe that people can achieve their dreams if they work hard enough, and they have the strongest sense of control over their future. 56% 48% Black Hispanic Asian White 48%48% The American Dream is something to strive for. The American Dream remains relevant and important. 45% Asian 51% Hispanic 29% White 55% Black 45% Hispanic 48% Asian 41% White 49% Black 44% Asian 42% White 42% Hispanic 48% Black BlackMillennials
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  No “minority” groupreceives more attention than Hispanics, and for good reason: They’ve fueled more than 50% of U.S. population growth since 20005 and are leading a demographic revolution transforming society and shaping a new America. Coinciding with this demographic revolution is conversation among some political and social circles about returning America to “better days.” Whether it’s intended or not, when these groups talk about a deteriorating and detrimentally evolving society, many Hispanics feel blamed, misrepresented, and above all, misunderstood6 ,7, 8 . When you look at the data on how Hispanic Millennials feel about America and what they strive to accomplish as citizens, you can see why this perceived indictment stings. According to our study, Hispanic Millennials are perhaps the most traditionally American Millennial segment, adherents of classic American virtues with a high level of energy to build a better future for the country. Many Hispanics feel misrepresented as cultural intruders, blamed at least in part for what some see as a deteriorating American society and culture. But the data suggests that there’s been a misdiagnosis. Hispanic Millennials are the most traditional keepers and seekers of the American Dream. HISPANIC MILLENNIALS THE TRADITIONAL AMERICANS How would you rate your pride in being a U.S. citizen? (Very Proud) AMERICAN PRIDE As we’ve previously reported in Wave 1 of this research on Millennial political beliefs and attitudes (“New Political Beat”)4 , Hispanic Millennials maintain the greatest sense of American pride compared with other ethnicities. 54 percent of Hispanic Millennials state they are “very proud” of being American despite being the least likely cohort to have a long lineage of heritage in the U.S. In contrast, White Millennials, who are more likely to have generations of American heritage behind them, have the lowest levels of national pride at only 40 percent. MORE AMERICAN PRIDE, MORE COMMITTED TO TRADITIONAL AMERICAN VIRTUES “...Hispanics feel blamed, misrepresented, and above all, misunderstood.” What’s more, Hispanics’ heightened American pride coexists with a more traditional American Dream. When comparing their responses about their ideal future to other Millennial segments, Hispanic Millennials are the most likely or second-to-most-likely to say they desire cornerstones of Americana: home ownership, family, religion, a successful career, and financial comfortability. Select the six things that would be the most important to your ideal future situation FUTURE ASPRIATIONS 6 Owning a home Having a family Having a spiritual life Black Hispanic Asian White 42% 36% 39% 14% 59% 49% 44% 29% 23% 60% 39% 49% 23% 23% 58% 38% 44% 24% 15% 56%
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  7 Without a longfamily history of attainting these goals (in America at least), this segment does not assume these aspects of their ideal future will come to fruition without hard work. Therefore, they seek them intentionally and vigilantly. In other words, milestones of homeownership or having a successful, meaningful career aren’t treated as assumptions or rites of passage - they must be fought for. Reinforcing this idea that Hispanic Millennials do not see success as an entitlement, they are also more likely than any other Millennial segments to think it’s okay that some people in America do not achieve their goals. Some would say this is a traditionally American, free-market idea and mentality in itself. Another aspect that sets Hispanic Millennials apart is how they define the American Dream. Hispanic Millennials are the segment mostly likely to agree with the traditional definition of the American Dream: the ability to achieve success and prosperity through hard work, determination, and initiative. What’s just as telling is how they don’t define the American Dream. Millennials are often critiqued for their increasingly me-centered and relativistic philosophy on life. But Hispanic Millennials are more likely to reject this idea. They are the least likely to define the American Dream as personal fulfillment, happiness, and self- actualization. This can be explained by the Hispanic cultural focus on the family, which puts personal needs and fulfillment second to the collectivist goal of having an overall successful family status. As declining family centeredness is often cited as evidence for a detrimentally evolving American society, this Hispanic value exists as another piece of evidence that Hispanics are and will be more traditional keepers of the American Dream and vision. IT IS OKAY THAT SOME PEOPLE IN AMERICA DO NOT ACHIEVE THEIR GOALS Agree or Strongly Agree Oddly, returning America to a “better time” with more traditional values will rely on Hispanics. Misrepresented as cultural intruders and diluters, Hispanic Millennials are more full of American pride and driven by “traditional” American values and aspirations than any other segment. Their desire is not to leech from or change this country, but rather to help maintain, support, and champion its traditional value system. “MAKE AMERICA GREAT AGAIN?” NOT WITHOUT HISPANICS WHAT DOES THE AMERICAN DREAM MEAN TO YOU? Select the statement you agree with most 29% Millennials 35% HispanicMillennials 28% AsianMillennials 29% WhiteMillennials Black Hispanic Asian White Ability to achieve success and prosperity through hard work, determination, and initiative Ideals of freedom, equality, opportunity being available to every American A life of personal happiness and material comfort Ability to become whatever you want to be without being limited by your background or birth The American Dream is not available to me because of circumstances I was born into The American Dream has lost its meaning The American Dream means nothing to me None of the above Black
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  8 Expressing fears, concerns,and racial setbacks, Asian Millennials aren’t the racially unaffected “honorary Whites” or “model minority” they’re often made out to be. ASIAN MILLENNIALS BEYOND THE ‘MODEL MINORITY’ LABEL “At the outset of the 20th century, Asian Americans had often been portrayed as threatening, exotic and degenerate. But by the 1950s and 1960s, the idea of the model minority had begun to take root. Newspapers often glorified Asian Americans as industrious, law-abiding citizens who kept their heads down and never complained9, 10, 11 .” This model minority stereotype and myth – which suggests that Asian- Americans are universally successful, wise, happy, and healthy – has a fascinating origin story, one that’s tangled up in agendas and motives related to geopolitics, the Cold War and the civil rights movement rather than reality9 . Ultimately, experts say it is inaccurate because it fails to take into account significant cultural diversity within the segment, individual needs, and potential challenges faced by individual American Asians12 . Sharing no common language or heritage, Asian-Americans encompass individuals from a number of different countries such as Bangladesh, Burma, Cambodia, China, India, Japan, Thailand, and Vietnam. Interestingly, the results of this study do two opposing things: 1) contradict the myth, 2) tempt you to buy into it. In one instance, Asian Millennials show themselves as far more affected by race-related setbacks, fears, and concerns than the stereotype would ever let on, while in the next moment appearing oddly distinct from Hispanic and Black Millennials, ticking closer toward Whites. NOT IMMUNE TO RACE-RELATED SETBACKS AND FEARS Part of the “model minority” concept is the notion that Asians have “proven themselves” in America and therefore don’t face race-related obstacles. However, this study revealed that Asian Millennials still perceive their race as a threat and setback in the United States. A significant 45% of Asian Millennials agree that race has made it more difficult for them to achieve the American Dream. While this is less than the percentage of Hispanic (51%) and Black Millennials (55%) who agree with the same statement, it is significantly higher than White Millennials (29%) (see chart on page 5). Also, when asked about their fears related to the future of the U.S., Asian Millennials are significantly more likely than Hispanic and White Millennials to be afraid of racial persecution and racism in the U.S. Racial persecution/racism What are you most afraid of? THINKING ABOUT THE FUTURE OF THE U.S.
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  9 Another surprising findgiven common Asian stereotypes is that Asian Millennials don’t have as much confidence in their ability to earn a higher education or advance at work. They are the least confident in their likelihood of earning a college or advanced degree, being promoted at work, having opportunities for training and development, and being recognized in their field of work. While this could be attributed to a number of things, experts suggest this is a learned doubt based on experience. Asians of certain nationalities are often culturally misunderstood, perceived as passive and poor leaders, and therefore not promoted or invested in like other employees12 . Finally, and potentially contrary to the model minority notion of universal wealth and financial wisdom, Asian Millennials are significantly more likely than all other Millennial segments to have a fear of financial instability/being in debt. While this seems to connect back to their heightened concerns about job security, it’s also possible that this is a result of the segment simply placing more emphasis and higher importance on personal economic success and comfortability. Percentage of people who responded“very attainable” HOW LIKELY DO YOU THINK YOU ARE TO ACHIEVE THE MOST IMPORTANT CHARACTERISTICS OF YOUR IDEAL OCCUPATION OR FUTURE? DOUBTFUL AND WORRIED ABOUT THEIR SUCCESS AND FUTURE THINKING ABOUT YOUR PERSONAL FUTURE What are you most of afraid of? Financial instability/being in debt Lack of job opportunities 48% Hispanic Millennial Asian Millennial 57% White Millennial 45% Black Millennial 47% 44% Hispanic Millennial Asian Millennial 48% White Millennial 43% Black Millennial 44% Getting a college or advanced degree (4-year college, master’s or PhD) 43% Black 37% Hispanic 26% Asian 31% White 27% Black 29% Hispanic 16% Asian 28% White Having opportunities for training and development 41% Black 25% Hispanic 19% Asian 26% White Opportunities for promotion within the company 20% Black 28% Hispanic 18% Asian 29% White
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  10 An interesting patternemerged in the data. When it came to a substantial portion of the statements, beliefs, attitudes, fears, and aspirations explored, Blacks and Hispanics mirrored one another while Asians and Whites were more aligned. We see this in their reported levels of life satisfaction. Asians, like Whites, are more satisfied with life as it currently stands than Hispanics and Black Millennials (see chart on page 3). And likely related to their higher life satisfaction, Asian Millennials are again similar to Whites and more likely than Black and Hispanic Millennials to say they are currently living the American Dream (see chart on page 3). Also, when asked about their fears related to the future of the United States, Asian Millennials are significantly less concerned than Black and Hispanic Millennials about losing freedoms. This suggests that similar to Whites, they put more faith in the United States government to maintain and protect their freedoms despite their race. What are you most afraid of? Losing Freedoms THINKING ABOUT THE FUTURE OF THE U.S. Likewise, Asian Millennials are significantly more likely than Black and Hispanic Millennials to define the American Dream as “the ideals of freedom, equality, and opportunity being available to every American.” Like White Millennials, this was their number one definition of the American Dream. Although Asian heritage and nations are diverse, a common (but not universal) thread is oppressive governmental powers. It makes sense that a definition emphasizing freedom would stand out and resonate with this group more than others, and that despite their racial setsbacks in America, they still see the U.S. as a country that protects and values freedom compared to other nations (see chart on page 7). YET IN MANY CASES DISTINCT FROM HISPANICS AND BLACKS AND CLOSER TO WHITES So, are Asians “honorary Whites,” a model minority who has found a way to transcend racial prejudices and be universally happy, wealthy, and successful? The answer, according to Asian Millennials, is no. Race is still an obstacle in their lives that they feel holds them back from their goals. They also have many doubts and fears related to their race, career, and financial success that suggest their lives are filled with more resistance than the model minority myth would ever let on. Yet we must admit that in some ways Asian Millennials do seem to navigate through life and the American Dream distinctly differently from their minority segment counterparts. Despite their race-related fears and setbacks, they are more likely to be satisfied with life, a life that many of them qualify as the “American Dream.” Also, unlike Hispanics and Blacks who are skeptical about the supposed American ideals of freedom and equality, the data suggests that Asian Millennials have more confidence in their freedom and believe that their country truly upholds these values. Attempting to reconcile and explain this paradox is not our goal. A worthier takeaway we want to leave you with is this: While it is 100% true that Asians do mirror Whites in some regards, it is not 100% of the truth. Asian Millennials and the broader racial segment they represent have not transcended race. They still feel affected by racial prejudices and have a litany of race-related obstacles, fears, and doubts. Ignoring this fact, which is also 100% true, is the mistake the model minority myth makes. A MODEL MINORITY OR NOT? 46% 53% 35% 38% BlackMillennials HispanicMillennials AsianMillennials WhiteMillennials
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  11 WHITE MILLENNIALS ASSUMED SUCCESSAND APATHETICALLY AMERICAN With more achievement in their family history, White Millennials are less energetic about the American Dream and future aspirations than the other three segments. The historical and cultural context from which Black, Hispanic, and Asian millennials come and how it influences their American Dream is tangibly consequential, but what about White Millennials? How does their White culture influence their American Dream? Backing up, what does being White, culturally, mean anyway? According to Kantar Futures, the majority of White Americans don’t have a strong connection with their ethnicity, an interest in preserving family cultural traditions, or a desire to participate in activities that celebrate their heritage. In other words, their cultural attachment – the degree to which individuals identify with and define themselves in terms of culture or ethnicity – is low. − DIANE FANNON, PRINCIPAL AT THE RICHARDS GROUP “True story. When I came home one day from a fourth grade class focused on heritage, I ran up to my mother excitedly and asked,“Where are we from?”And she said,“what do you mean where are we from? We’re from Rhode Island.” And I said,“No, before that!”And she said,“ But we’ve always been from Rhode Island.”To which I replied,“No, we had to come from somewhere before Rhode Island.”She thought for a minute and said“Fall River,”which is a large town not too far away in Massachusetts. Being American and from America was so entrenched in her that she couldn’t even understand the question.” Our experience with consumers at Richards/Lerma corroborates this. We’ve found that when asked about their White culture and heritage, they often come up blank. To them, White culture isn’t a culture at all. Unlike Hispanics who have a language to hold on to, or traditions based on their ethnicity, Whites find it hard to identify with ethnicity as much as they do their American-ness. Weak Moderate Strong Sociologist Steven Seidman says that Whites do not typically identify as members of a specific racial group but rather incorrectly perceive their views and culture as “raceless.” Because of this misperception, they often do not recognize the shared experiences that unify their race throughout the history of America. However, as data reveals, being White very much means being part of ethnicity and race, and ultimately a shared cultural experience. And this shared cultural experience is marked by many things, one of which being a higher likelihood of socioeconomic success and achievement. Specifically, White Americans have the second highest median household income and personal income levels in the nation13 . The poverty rate for White Americans is 10%, lower than the poverty rates for other racial groups13 . More than one-third of White Americans have a bachelor’s degree, compared with 23% of Blacks and 16% of Hispanics14 . Most notably, and in the words again of Seidman, Whites tend to be disproportionately represented in powerful positions, controlling almost all political, economic, and cultural institutions. So, what does this part of their cultural background mean for today’s White Millennials and their American Dream? In stark contrast to Black Millennials’ optimism and Hispanic Millennials’ traditional seeking, White Millennials show signs of complacency and waning energy. White (Non-Hisp) Black Hispanic Asian Total 35 15 12 15 0% 25% 50% 75% 100% 28 40 41 40 45 40 24 44 46 40 31
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  12 White Millennials aremore likely than the other Millennial segments to agree that they are satisfied with life. However, they are also the least optimistic about the future (see chart on page 3). When asked to think about their personal future aspirations, they are consistently less concerned about achieving them compared with to the other segments. Specifically, they have the lowest reported interest in achieving financial comfortability or stability, owning a home, getting a college or advanced degree, traveling, helping others, and experiencing and learning new things, and the second-lowest reported interest in being recognized in their field of work, being happy regardless of what they have, enjoying what they do for a living, getting married, living in a city they love, being free to pursue personal or professional passions, and having a spiritual life. In fact, there is not a single aspiration asked about in which White Millennials have the highest level of interest. This is unlike the other three segments, who each have at least three aspirations that were more important to them than the other groups. Two possible explanations for this are apathy about achievement or presumed success. In other words, they don’t care, or these achievements are so commonplace in their family’s history that investing as much thought, concern, or energy in them is not necessary. In either case, White Millennials reveal a lower-grade energy and excitement about their future. FINE TODAY, BUT LESS INVESTED IN THE FUTURE Select the six things that would be the most important to your ideal future situation FUTURE ASPIRATIONS Black Millennial s Hispanic Millennials Asian Millennials White Millennial s 42% 59% 31% 37% 46% 33% 14% 51% 40% 32% 31% 30% 39% 49% 60% 27% 36% 40% 38% 23% 53% 55% 26% 31% 27% 29% 39% 58% 22% 48% 41% 36% 23% 47% 44% 26% 20% 22% 23% 38% 56% 17% 32% 35% 28% 15% 50% 42% 24% 26% 29% 24% Owning a home Being happy regardless of what I have Traveling Getting a college or advanced degree Helping others Experiencing and learning new things Getting married Living in a city I love Passionate about and enjoying what I do for a living Being free to pursue mypersonal or professional passion Having a spiritual life
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  13 The only futurework-related aspirations White Millennials reported having either the highest or one of the higher levels of interest in were having flexibility in when and where they work from, working near where they live or having an easy commute, and not being bored. This suggests that White Millennials, who may have reason to believe they will achieve the more basic work-related aspirations, are more concerned than the other segments with these nice-to-have, upper-Maslow-pyramid desires. A similar story emerged when asked about their future aspirations related to work. White Millennials are the least concerned, with 11 out of the 16 workplace aspirations asked about: a good work/life balance, salary/income, working in a fun/nurturing workplace environment, their job reflecting their personal passions, making a positive impact on society, opportunities for training and development, using the most up-to-date technology, a fast/easy commute, opportunities for promotion within the company, working with people they can learn from, and job stability and security. Select the six things that would be the most important to your ideal occupation/livelihood CAREER ASPIRATIONS Black Hispanic Asian White 55% 64% 37% 42% 41% 26% 23% 26% 25% 36% 31% 47% 55% 33% 37% 37% 21% 18% 26% 21% 32% 28% 59% 59% 45% 40% 42% 30% 21% 30% 30% 39% 33% 64% 57% 37% 39% 38% 30% 21% 26% 34% 38% 36% Salary/income Having a good work/life balance Using the most up-to-date technology Fast/easy commute Working in a fun/nurturing workplace environment Making a positive impact on society Having opportunities for training and development Working with people I can learn from Job stability/security Opportunities for promotion within the company
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  14 What makes thisdata so interesting is that it suggests that if it were remotely appropriate to implicate (which we’re not sure it is at all) any racial or ethnic segment for chipping away at America’s value system, it’d be White Millennials. Whereas Black and Hispanic Millennials display hope, optimism, and grit, White Millennials seem to let out a collective sigh or “meh.” What’s happened here? Have White Millennials officially checked out? To vindicate and be fair to this segment, it’s important we share this thought: While White Millennials may very well be going through an existential, jaded crisis, we also think that their lower energy level is not a moral indictment. As the three minority segments, especially Hispanics, continue to grow in size and economic power, we foresee their energy waning as well. As more minorities go to college, see career success, and buy houses, we predict they too will lose excitement for these pursuits. For their children and grandchildren, these achievements will shift from aspirations that require tremendous vigilance and focus, to future goals they assume they will reach based on their family history and the behavior their parents modeled for them. If you’re tempted to read this psychological shift only negatively, don’t. While it has a dark side of entitlement, it also plays a role in instilling an “of course this is possible” type of confidence. Success begets success. White Millennials align with Asian and Hispanics Millennials on the semantics of the American Dream, defining it as it as “the ideals of freedom, equality, and opportunity being available to every American,” or “the ability to achieve success and prosperity through hard work, determination, and initiative” (see chart on page 7). However, the semantics seem to be just in their heads, not their hearts. White Millennials have significantly less faith than the three other segments that hard work will pay off. They are the least likely to agree with the statement that says, “I believe everyone can achieve their dreams if they try hard enough,” and the mostly likely to agree that “the American Dream is no longer a possibility for most Americans no matter how hard they work.” And to complete this picture is the reminder that White Millennials, despite their longest American heritage, have the lowest level of American Pride (see chart on page 6). NOT BUYING AMERICA’S PROMISES WHITE MILLENNIALS: THE TRUE CULTURAL INTRUDERS? Agree-Strongly Agree AGREEMENT TO STATEMENT Select the six things that would be the most important to your ideal occupation/livelihood CAREER ASPIRATIONS Black Hispanic Asian White 36% 24% 33% 37% 27% 33% 35% 33% 26% 36% 25% 26% Working near where I love or having an easy commute Flexibility in when I work and where I work from Not being bored 59% 31% BlackMillennials 56% 32% HispanicMillennials 55% 32% AsianMillennials 46% 34% WhiteMillennials The American Dream is no longer a possibility for most of Americans no matter how hard they work I believe that everyone can achieve their dreams if they try hard
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  15 WHERE THE DREAMMIGHT TAKE US One day early on in my career, my husband and I spent the weekend with some older friends in a small town where they lived. We got on the topic of work, and I started rattling off some stats about the demographic revolution taking place in our country. You know, the whole by 2044, we’ll be a nation of minorities spiel. My tone was anticipatory, but with furrowed brows as if I had given them terminal news about the health of our country, their response was not. “We’ll let you and your kids worry about that.” Those words stuck with me. Those words are why the stories in this report are so compelling and necessary to share. If we take the nuances found between each segment seriously, then where these dreams might take us is quite clear. The minority Millennial segments will contribute the most energy toward pursuing and keeping alive the American Dream. Their racial setbacks fuel their motivation and oddly their optimism and traditional values as well. What we’ve seen in this report is that speaking out against racial injustice is not code for “fix my life for me.” It correlates with hard work and personal responsibility. If we want to preserve what it’s about the United States that makes this country great, the growing minority populations are key, not hindrances. And as strictly a bonus to all of this, evolving into a nation of minorities affords non-Hispanic Whites a sacred gift: an awareness of their own race. For maybe the first time, they will know what it feels like and means to be White. They will think about their skin color and notice its hue. Racial heritage shapes individuals’ perspective and preferences more than we could ever imagine, but it’s only the mainstream segment that has the ability to not feel their race. Growing up in White normativity, Whites in the U.S. have never been compelled, provoked, or forced to think seriously about their color or racial heritage. While this should not be a source of guilt for Whites (mainstream races across the world lack racial awareness), we should be anxious for the day that all races in our nation can identify deeply with and celebrate their heritage. There are riches to be found in self- understanding and knowing your cultural story, and both the individual and the nation will be the beneficiary. In other words, unfurrow your brows. This demographic revolution shouldn’t worry us. It should excite us.
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  16 U.S. Census Bureau.“Millennials Outnumber Baby Boomers and Are Far More Diverse.” Release Number: CB15-113. June 25, 2015. Eileen Patten, “How Millennials today compare with their grandparents 50 years ago.” Pew Research Center. March 19, 2015. J.D. Vance. Why Race Relations Got Worse.” National Review. August 26, 2016. “Millennials Deconstructed. A New Political Beat. pg. 4.” Richards/Lerma and the University of Texas, Stan Richards School of Advertising & Public Relations, April 2016 Jens Manuel Krogstad. “Key facts about how the U.S. Hispanic population is changing.” Pew Research Center. September 8, 2016. Ricky Alcantar. “How Donald Trump made me proud to be Hispanic.” Vox. March 18, 2016. Tina Vasquez. “I’ve experienced a new level of racism since Donald Trump went after Latinos.” The Guardian. September 9, 2015. Ronald Brownstein. “Trump’s Rhetoric of White Nostalgia.” The Atlantic. June 2, 2016. Jeff Guo. “The real reasons the U.S. became less racist toward Asian Americans.” The Washington Post. November 29, 2016. Japanese American Curriculum Guide. “The Journey from Gold Mountain: The Asian American Experience.” 2016. U.S. News and World Report. “Success story of one minority group in U.S.” December 26, 1966. Pamela Babcock. “Asians face ‘bamboo ceiling.’” Society for Human Resource Management. July 5, 2012. Carmen DeNavas-Walt and Bernadette D. Proctor. “Income and poverty in the United States: 2014.” U.S. Census Bureau, Current Population Reports, Release Number: P60-252. 2015. Camille L. Ryan and Kurt Bauman. “Educational attainment in the United States: 2015.” U.S. Census Bureau, Current Population Reports. Release Number: P20-578. March 2016. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. “Millennials Deconstructed” is a collaborative research study that was conducted in partnership by Richards/Lerma and The University of Texas, Stan Richards School of Advertising & Public Relations. The study was completed via an online national panel in April 2016, among 1,000 Millennials between the ages of 18 and 34 with representative national averages among White, Black, Asian, and Hispanic Millennials, as well as Hispanics 35+ for comparative purposes. A series of qualitative one-on-one interviews were conducted following the online survey to gain additional insights into survey findings. For more information on survey data, please contact Chaille Alcorn at [email protected]. This research report was written by Chaille Alcorn. The analysis team for this report lead by Quim Gil at Richards/Lerma includes Chaille Alcorn, Sydnee Bush, Alex Gamez, and Yanina Gonzalez. The “Millennials Deconstructed” research initiative is led by Chaille Alcorn at Richards/Lerma in coordination with Matthew Eastin and Alicia Bodas at The University of Texas at Austin, Stan Richards School of Advertising & Public Relations. METHODOLOGY AUTHORS SOURCES
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  17 Research By: ABOUT RICHARDS/LERMA Richards/Lermais a full-service branding and creative agency dedicated to crafting insightful and relevant communications for the multi-cultural market. Based in Dallas, Texas, Richards/Lerma was founded by Pete Lerma and Stan Richards, creative director of the nation’s largest independent branding agency, The Richards Group. Current clients include Avocados From Mexico, Bud Light, Bud Light Chelada, Clamato, Dr Pepper, MetroPCS, The Home Depot and Mission Foods. Richards/Lerma can be found online at richardslerma.com and on Twitter at @richardslerma. ABOUT THE UNIVERSITY OF TEXAS, STAN RICHARDS SCHOOL OF ADVERTISING & PUBLIC RELATIONS The Stan Richards School of Advertising & Public Relations defies categorization as a catalyst for growing exceptional communication specialists who are eager to enter the business world, as well as a Research 1 academic institution launching innovative scholars via the advanced study of advertising and public relations at both the master’s and Ph.D. levels. More information can be found online at http://advertising.utexas.edu.