“The Economist has assembled data on millennials’ incomes for 32 rich countries. In just three of these—Italy, Greece and Japan—are millennials worse off, in terms of inflation-adjusted income, than previous generations at the same age…

Millennials in the remaining 29 countries in our sample have higher real incomes than past generations. In some, including in Australia, Britain and France, intergenerational progress has admittedly slowed. Whereas Gen-Xers did far better than their baby-boomer parents (born from 1946 to 1964), in those places millennials have gained only slightly on Gen X. But in many others, from rich America to fast-self-enriching Poland, the rate of improvement has stepped up.”

From The Economist.