A survey by the Resolution Foundation has found that 48% of respondents think millennials – those born between 1981 and 2000 – will have a worse standard of life than their parents because of economic worries. They live in this low-wage economy now,” said one baby boomer. Only half of those who thought their children would have a better standard of life 15 years ago still do today, the study found. “Even though I’ve gone to university and got a good job, I’m very pessimistic about getting on the property ladder for instance,” said another millennial. Among older generations, only 15% said they would rather be a young person growing up today.

Source: The Guardian September 09, 2017 09:42 UTC