Generation Y Defined

The Silent Generation, people born before 1945.

The Baby Boomers, people born between 1945 and 1961.

Generation X, people born between 1962 and 1976.

Generation Y, people born between 1977 and 1995.

Why do we call the last one generation Y?
I did not know, but a caricaturist explains it eloquently below ...
Tags: Generation Y, People, Silent Generation, Baby Boomers, Generation X