Impact

With a median household income of $40,581, millennials earn 20 percent less than boomers did at the same stage of life, despite being better educated, according to a new analysis of Federal Reserve data by the advocacy group Young Invincibles. Photo: AP
With a median household income of $40,581, millennials earn 20 percent less than boomers did at the same stage of life, despite being better educated, according to a new analysis of Federal Reserve data by the advocacy group Young Invincibles. Photo: AP
Ms Andrea Ledesma talks with her mother Cheryl Romanowski at Classic Slice pizza restaurant, where Ledesma works. With a median household income of $40,581, millennials earn 20 percent less than boomers did at the same stage of life. Photo: AP
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2672041_Millenials are falling behind their boomer parents
Millenials are falling behind their boomer parents

January 13