Monday, March 7, 2016

Revealed: the 30-year economic betrayal dragging down Generation Y’s income

The Guardian
Link

Exclusive new data shows how debt, unemployment and property prices have combined to stop millennials taking their share of western wealth

Who’s winning? Find out how your income compares with every other generation

The full scale of the financial rout facing millennials is revealed today in exclusive new data that points to a perfect storm of factors besetting an entire generation of young adults around the world.

A combination of debt, joblessness, globalisation, demographics and rising house prices is depressing the incomes and prospects of millions of young people across the developed world, resulting in unprecedented inequality between generations.

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