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
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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
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