$0.18 USD 0.27 a day, more exclusives, analysis and extras. Millennials in the US are earning 20 % less than their parents at their age , despite having been better educated , according to new data from The Invincibles . Its deputy research director , Tom Smith , warns millennials are being set back significantly which is leading to major generational declines and notes that this is particularly true since " millennials make up the greatest proportion of the workforce and the largest generation in America , so in many ways the situation facing young adults today reflects the financial challenges ahead for the nation ” .
Millennials in the US are earning 20 % less than their parents at their age , despite having been better educated , according to new data from The Invincibles . Its deputy research director , Tom Smith , warns millennials are being set back significantly which is leading to major generational declines and notes that this is particularly true since " millennials make up the greatest proportion of the workforce and the largest generation in America , so in many ways the situation facing young adults today reflects the financial challenges ahead for the nation ” .