Economic Progress

Millennials will be the first generation to earn less than their parents

Matteo Achilli (R) works with one of his assistants in his office in Formello, north of Rome July 25, 2013. Achilli, dubbed the Italian Zuckerberg by Panorama Economy, is the 21-year-old founder of Egomnia, a social network created to match companies looking to hire graduate job seekers. According to Achilli, Egomnia, which was founded in February 2012, has around 100,000 users, about 600 multinational companies in Italy as clients and a 2013 sales volume of about 500,000 euros. Picture taken July 25, 2013.REUTERS/Tony Gentile

Image: REUTERS/Tony Gentile

Joe Myers
Writer, Forum Agenda
Share:
Our Impact
The Big Picture
Explore and monitor how Economic Progress is affecting economies, industries and global issues
A hand holding a looking glass by a lake
Crowdsource Innovation
Get involved with our crowdsourced digital platform to deliver impact at scale
Stay up to date:

Economic Progress

Median pay during the downturn by age: UK, 2009-2015
Image: Intergenerational Commission
Median earnings at age 25 compared to the previous five-year cohort: UK, 1981-2009
Image: Intergenerational Commission
Pensioners have seen significantly higher disposable income growth than young people in almost every wealthy country over the last few decades
Image: The Guardian
Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

Sign up for free

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Share:
World Economic Forum logo
Global Agenda

The Agenda Weekly

A weekly update of the most important issues driving the global agenda

Subscribe today

You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.

More on Economic Progress
See all

Africa embraces local currencies for cross-border payments

Christopher Adam

December 1, 2023

1:52

Huawei: Harnessing digital innovations to bring positive change into people’s lives

About Us

Events

Media

More from the Forum

Partners & Members

  • Join Us

Language Editions

Privacy Policy & Terms of Service

© 2023 World Economic Forum