Study Says Generation X Is Balanced And Happy

(CNN) -- A generation once labeled "slackers," detached and melancholic has grown up to find out that reality doesn't bite as much it seemed when they were younger.

To the contrary, most of the 84 million Americans ages 30 to 50 are "active, balanced and happy," according to the authors of "The Generation X Report," a research report from the University of Michigan's Longitudinal Study of American Youth.

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