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Millennials are falling behind boomer parents

By Associated Press in South Milwaukee,Wisconsin ( China Daily ) Updated: 2017-01-14 07:51:13

Troubling divide helps to explain the anxiety among US society that defined 2016 election

Baby boomers in the United States are worse off than their millennial children.

With a median household income of $40,581, millennials earn 20 percent less than boomers did at the same stage of life, despite being better educated, according to a new analysis of Federal Reserve data by the advocacy group Young Invincibles.

Millennials are falling behind boomer parents

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