Earnings for millennials in the US will make their UK counterparts jealous | Torsten Bell
by Torsten Bell from on (#6GG33)
Graduate salaries have fallen 16% since 2007 in Britain, but across the Atlantic youth-friendly policies are paying off, new research finds
Should we envy Americans? There are the wonderful national parks, but also the widely available firearms. Purely on the economics, though, millennials on this side of the Atlantic should be green-eyed.
Children of the 1980s and 1990s in the UK and US were caught out as the financial crisis scuppered the economy just as many started work: generational progress ground to a halt as millennials' pay took a step down from the levels their predecessors enjoyed at the same age. But that was 15 years ago - some of those kids" are hitting their 30s and 40s, with children and wrinkles emerging. How are they faring today?
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