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Message
Millennials Work Harder for the Same Pay Their Parents Did
Posted on 3/7/16 at 1:24 pm
Posted on 3/7/16 at 1:24 pm
You're Making the Same Money Your Parents Did... But You're Probably Working Harder
frick off, old people.
quote:
According to a new report from the Center for American Progress (CAP), median compensation (wages plus the value of employer benefits) for a 30-year-old in 2014 was below that of a 30-year-old 10 years earlier. Instead, 30-year-olds today make around the same amount of money as 30-year-olds in 1984 — $19.30 an hour.
That compensation's been adjusted for inflation. Still, get ready for the kickers — the wage equivalency, the report notes, exists despite the fact that today's 30-year-olds are 50% more likely to have finished college. They also work in an economy that is 70% more productive. Translation: there's a good chance you're being asked to do more at work than Mom and Dad were.
frick off, old people.
Posted on 3/7/16 at 1:25 pm to LoveThatMoney
frick off millennial. No way this young generation works hard...hell they hardly work.
Posted on 3/7/16 at 1:25 pm to LoveThatMoney
Insert meme with that guy from the 70's.
Posted on 3/7/16 at 1:26 pm to LoveThatMoney
The poli board is going hot and heavy today over a similar article.
The 30-year economic betrayal dragging down Generation Y's income.
The 30-year economic betrayal dragging down Generation Y's income.
This post was edited on 3/7/16 at 1:28 pm
Posted on 3/7/16 at 1:27 pm to Walking the Earth
Old Economy Steve is the best.
Posted on 3/7/16 at 1:29 pm to LoveThatMoney
I make more money than my dad ever made, and he damn sure worked harder than I have to work.
Posted on 3/7/16 at 1:30 pm to purpleleaf
quote:
frick off millennial. No way this young generation works hard...hell they hardly work.
Because your dad was in a factory 18 hours a day? GTFO. I totally believe this.
Posted on 3/7/16 at 1:30 pm to LoveThatMoney
And I thought the Baby Boomers whined
Posted on 3/7/16 at 1:30 pm to LoveThatMoney
I have never understood the sweeping generalization against millennials.
1. Most millennials I know cannot stand the stereotypical millennials anymore than you can. They give everyone in my generation a bad wrap.
2. Millennials catch a lot of flak especially around election time, but like I had to remind someone the other day, most "millennials" could not vote the first time Obama was elected.
3. Who the frick raised us bunch of fricked up, no-working retards? That's right I'm looking at you people between 35-55 years old.
1. Most millennials I know cannot stand the stereotypical millennials anymore than you can. They give everyone in my generation a bad wrap.
2. Millennials catch a lot of flak especially around election time, but like I had to remind someone the other day, most "millennials" could not vote the first time Obama was elected.
3. Who the frick raised us bunch of fricked up, no-working retards? That's right I'm looking at you people between 35-55 years old.
Posted on 3/7/16 at 1:32 pm to LoveThatMoney
Younger people just need to work harder and stop complaining.
Posted on 3/7/16 at 1:32 pm to LoveThatMoney
quote:
They also work in an economy that is 70% more productive
I wonder if technology has anything to do with that, and the economy is actually more productive, but requires less work to make it so.
frick off millennial.
Posted on 3/7/16 at 1:32 pm to LoveThatMoney
30 Year Economic Betryal Dragging Down Gen Y
being discussed on the poli board right now
quote:
A combination of debt, joblessness, globalisation, demographics and rising house prices is depressing the incomes and prospects of millions of young people across the developed world, resulting in unprecedented inequality between generations.
A Guardian investigation into the prospects of millennials – those born between 1980 and the mid-90s, and often otherwise known as Generation Y – has found they are increasingly being cut out of the wealth generated in western societies.
Where 30 years ago young adults used to earn more than national averages, now in many countries they have slumped to earning as much as 20% below their average compatriot. Pensioners by comparison have seen income soar.
being discussed on the poli board right now
Posted on 3/7/16 at 1:33 pm to Artie Rome
quote:
Because your dad was in a factory 18 hours a day? GTFO. I totally believe this.
No he was in construction and typically worked 40-50 hours a week. Sometimes 60 if they were rained out the week before. Millennials today want a $80K starting pay job with no experience. They can suck a dick.
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