This document discusses generational stereotypes about young and older workers. It notes that while "young" and "old" are constructed categories in the labor market used to exclude workers, both groups face similar means and measures of exclusion based on chronological age. The document also examines how generations are defined but debates the evidence for lasting differences between birth cohorts. It concludes by calling for future research to better understand stereotypes, intersectional experiences, age as a competition, and the impact of COVID-19 across age groups.