Account

The Actual News

Just the Facts, from multiple news sources.

Can young Americans still have a better life than their parents? We want to know

Can young Americans still have a better life than their parents? We want to know

Summary

Young Americans in Generation Z and millennials face challenges like finding jobs and buying homes. These difficulties are making them question if they can have a better life than their parents. Studies show they are worried about financial issues and how these affect their future decisions.

Key Facts

  • Young Americans make up the largest share of the workforce.
  • Many young people face financial uncertainty due to past economic issues like the early 2000s recession and the COVID-19 pandemic.
  • A Marist poll shows 70% of Gen Z and nearly 60% of millennials find it hard to get jobs now.
  • Housing prices have increased more than wages in the past 20 years.
  • The median age of first-time homebuyers has risen from 28 in 1991 to 38 in recent years.
  • Young generations are more educated than previous ones but less confident in achieving the American dream.
  • NPR is seeking input from people under 40 about how these financial issues affect their lives and political views.

Source Information