Millennials earning less than Generation X at the same age

By Personal FinanceFOXBusiness

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According to a global analysis of eight high-income countries, the Resolution Foundation think tank found that millennials in their early 30s have household incomes 4% lower on average than members of the so-called "Generation X" at the same age, particularly in the U.K. and Spain. Looking at other countries, the Resolution Foundation said the U.S. and Germany had seen minimal generation-on-generation gains. Typical incomes for Americans approaching 50 are no higher for those born in the late 1960s than those born in the 1920s.

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