April 11, 2019

Millennials falling out of middle class

Daily Mail, UK -Millennials are falling out of the US middle class, and at a more rapid pace compared to developed nations around the world.

A new report from the Organization for Economic Cooperation and Development (OECD) has revealed that only 6 out of 10 millennials earn enough to be considered middle class.

While the middle class is shrinking across the globe, it's millennials and Generation Z that appear to be in the biggest trouble.

Threatening the middle class lifestyle is stagnant wages, soaring house prices, health and education costs, and the rise of automation in many career sectors.

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