CEP News: Finance.co.uk: GENERATION GAP: Evidence that young Brits are now less likely to `do better? than their parents

Finance.co.uk:
GENERATION GAP: Evidence that young Brits are now less likely to `do better? than their parents

15 April 2019

Doing better financially than your parents is an important marker of success, and for much of the last half century, real earnings growth in the UK was strong enough that most young people achieved this milestone. But new research by Jo Blanden, Stephen Machin and Sumaiya Rahman shows that plummeting earnings since the Great Recession has meant that fewer young adults now are earning more than their fathers.

Finance.co.uk:GENERATION GAP: Evidence that young Brits are now less likely to `do better? than their parents

Finance.co.uk:
GENERATION GAP: Evidence that young Brits are now less likely to `do better? than their parents