The group born between 1968 and 1979,now generally in their early 30s to early 40s are referred to as Generation Y.

Name: The group born between 1968 and 1979,now generally in their early 30s to early 40s are referred to as Generation Y.
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The group born between 1968 and 1979 is generally referred to as Generation X, not Generation Y. Generation Y, also known as Millennials, typically includes those born from the early 1980s to the mid-1990s to early 2000s.

The Group Born Between 1968 and 1979,now Generally in Their