THE TELEGRAPH: 'Happiness gap' between old and young is closing as figures show millennials are getting more upbeat

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Sir Cary Cooper, professor of psychology and health at the University of Manchester, said that younger people felt less anxiety and were more content because they had limited their expectations about housing and job security. 

"Younger people are less concerned about the security of their jobs than older people - they don't expect jobs for life. 

"I think they're not that bothered by not being able to buy a house - the older generation expected it, but younger people have given up," he said.