Millenials make less money than boomers

1494567669703

https://www.washingtonpost.com/news/wonk/wp/2017/04/20/census-young-men-are-making-much-less-than-they-did-in-1975/?utm_term=.57a81fb2b97e

Over the past four decades, young American workers saw their average incomes decline by 5.5 percent after adjusting for inflation, according tonew figurespublished Wednesday by the U.S. Census Bureau

In 1975, workers aged 25 to 34 had a median personal income of $37,000 in modern dollar terms. In 2016, that number was down to $35,000.

Earnings have declined despite the fact that today’s young people are better educated than 40 years ago

Millenials make less money than boomers

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s