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Started By
Message
The average millennial worker makes less than the average baby boomer did in 1975
Posted on 4/24/17 at 5:24 pm
Posted on 4/24/17 at 5:24 pm
LINK
quote:
Over the past four decades, young American workers saw their average incomes decline by 5.5 percent after adjusting for inflation, according to new figures published Wednesday by the U.S. Census Bureau. In 1975, workers aged 25 to 34 had a median personal income of $37,000 in modern dollar terms. In 2016, that number was down to $35,000.
quote:
Earnings have declined despite the fact that today's young people are better educated than 40 years ago. Thirty-seven percent of young people had a bachelor's degree last year, compared to 22.8 percent in 1975.
32
Posted on 4/24/17 at 5:26 pm to GreatLakesTiger24
And in unrelated news, the number of baristas has increased in the same time by 30000%.
Posted on 4/24/17 at 5:27 pm to GreatLakesTiger24
If we had a penny for every thread that were started about us, we'd be part of the 1%.
Posted on 4/24/17 at 5:28 pm to GreatLakesTiger24
Baby boomers destroyed America for us
Incoming baby boomers complaining about millenials
Incoming baby boomers complaining about millenials
Posted on 4/24/17 at 5:29 pm to GreatLakesTiger24
quote:
today's young people are better educated than 40 years ago. Thirty-seven percent of young people had a bachelor's degree last year, compared to 22.8 percent in 1975.
Higher learning back in the day meant just that. Today a bachelor's degree is the same as this
This post was edited on 4/24/17 at 5:31 pm
Posted on 4/24/17 at 5:29 pm to PrivatePublic
quote:that means millennials with real jobs must be killing it compared to the boomers in '75
And in unrelated news, the number of baristas has increased in the same time by 30000%.
Posted on 4/24/17 at 5:30 pm to GreatLakesTiger24
wal mart jobs all over the place.
Posted on 4/24/17 at 5:30 pm to GreatLakesTiger24
Technology has made jobs easier.
I'll go with what I know. In 1975 my mom was only making $6k a year as a school teacher. What does one make now starting off?
I'll go with what I know. In 1975 my mom was only making $6k a year as a school teacher. What does one make now starting off?
This post was edited on 4/24/17 at 5:31 pm
Posted on 4/24/17 at 5:31 pm to GreatLakesTiger24
quote:
Earnings have declined despite the fact that today's young people are better educated than 40 years ago.
It doesn't help when you water-down degrees and everyone is "educated."
Posted on 4/24/17 at 5:31 pm to GreatLakesTiger24
Send in the memes with that dude from the 70's!
Posted on 4/24/17 at 5:33 pm to GreatLakesTiger24
Baby Boomers are chuckling at this. They got theirs and that's all that matters.
Posted on 4/24/17 at 5:33 pm to GreatLakesTiger24
quote:
Earnings have declined despite the fact that today's young people are better educated than 40 years ago. Thirty-seven percent of young people had a bachelor's degree last year, compared to 22.8 percent in 1975.
So stop handing out "degrees" for careers that don't exist
Posted on 4/24/17 at 5:34 pm to GreatLakesTiger24
All those goddamn entitled millenials
In my day, I raised 8 children on $37k a year
In my day, I raised 8 children on $37k a year
This post was edited on 4/24/17 at 5:36 pm
Posted on 4/24/17 at 5:34 pm to Pecker
There are still several people without a college degree out there.
Posted on 4/24/17 at 5:34 pm to GreatLakesTiger24
Boomers spent all of our money and bred like rabbits.
Throw in a few robots and millenials have their current problem.
Throw in a few robots and millenials have their current problem.
Posted on 4/24/17 at 5:35 pm to jmcwhrter
Degrees aren't for careers
Posted on 4/24/17 at 5:35 pm to Paul Allen
quote:
There are still several people without a college degree out there.
Yeap, and some of them prob make good money. Welders, mechanics, chefs...
Posted on 4/24/17 at 5:38 pm to GreatLakesTiger24
Darth Vader inbound to tell us that it's all bullshite, and he had to walk to school both ways, in the snow, no shoes, up hill both ways, and then roof houses after school for $2.00 a day; and that the millenials are a bunch of pussies...
Posted on 4/24/17 at 5:38 pm to GreatLakesTiger24
quote:
Degrees aren't for careers.
Not if you went to a certain group of about 30 schools.
If your arse is going to LSU, you better be able to tie your degree to something more practical than "it taught me how to critically think" Or go work for the state or feds.
Posted on 4/24/17 at 5:38 pm to GreatLakesTiger24
quote:
that means millennials with real jobs must be killing it compared to the boomers in '75
Probably, particularly in the South.
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