China's reform and opening up have been implemented for more than thirty years now. The "fifth generation" of young people, born between 1978 and 1988, has gradually grown up to become a backbone force for the advancement of social development. This article takes young people living or working in the Xuhui district as a sample and uses statistical data to describe the subjective and objective state of current stratification among the fifth generation of young people and to describe the feelings about life among different strata of young people. The article also puts forward corresponding proposals with regard to the future work of youth league organizations.