by Felix Richter, Statista.com
— this post authored by Niall McCarthy
30 years ago, young adults could dream of a bright future.
Many of them earned in excess of the average national wage in most developed countries, and were able to afford houses, cars and a family. These days, however, many factors have combined to place those dreams out of reach of most millennials. The extent of financial inequality for young people today was uncovered by a Guardian investigation and forms the basis of one of Statista’s recent infographic features on Forbes.
This chart shows % growth in household disposable income above or below national average growth rate.
You will find more statistics at Statista.
