UK millennials worst off in earnings of any advanced economy except for poor Greeks
Post number #154563, ID: 12b0e4
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UK millennials have suffered the second-worst falls in their earnings of any of the dozen advanced economies surveyed by a think tank over the past decade. In a new report, the Resolution Foundation calculates that average real hourly earnings for under-30s in Britain fell 13 per cent between 2007 and 2014. Only Greece, where real earnings slumped by 25 per cent over the same period as the eurozone country plunged into depression,
Post number #154565, ID: 12b0e4
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saw a worst performance for this age group among the dozen advanced economies Resolution analysed in the latest research from its Intergenerational Commission. British millennials experienced bigger earnings falls than other crisis-hit southern eurozone states such as Portugal and Italy, where they fell 12 per cent and 6 per cent respectively. Average earnings for Spanish millennials fell by only around 2 per cent.
Post number #154567, ID: 12b0e4
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Resolution also found that the gap between the pay performance of UK millennials and workers aged between 50 and 59 was particularly pronounced, with older UK workers seeing their pay fall by around half the extent of the younger group. In Italy and France the declines were roughly in line. In Germany, Spain and Italy the older group of workers saw larger pay declines than millennials
Post number #154568, ID: 12b0e4
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http://www.independent.co.uk/news/business/news/uk-millennials-income-fall-worst-nationality-greece-earnings-report-resolution-foundation-a8217676.html
Post number #154569, ID: f53ada
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lol
Post number #156490, ID: c49a6e
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Don't worry, baby boomers will make this all about them, and how much harder it was somehow.
Post number #156494, ID: 319cfc
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Can't wait till this thread gets spammed with copypasta
Post number #158331, ID: 3df4dc
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Ha-ha, silly millenials.
Post number #158383, ID: 9e6d31
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Who is responsible and how long is their nose?
Post number #158429, ID: b8e504
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Are millennials the new boomers? Everyone blames the poor guys.
Post number #158475, ID: 6ecc9b
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That is sad, sad news. The UK is definitely way at the head of the European pack in charging straight into /cyb/...
Post number #158480, ID: 77d8a2
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Haha, and some idiots here in Germany think that the greeks are living like gods on their costs. Normal and poor people everywhere are easily fooled by the rich ones. I hope younger generations are smarter. The current majority from 45-75 aged people are really a lost generation, only leaving burned ground.
Post number #158939, ID: 28da11
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>>158480 Burned ground? You mean nice prosperous society, that millenials are currently ruining?
Post number #159034, ID: 49433f
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>>158939 >nice prosperous society Where do you see that? Wake up. There is (again) only hate, crime, war and separation these days int the world. >that millenials are currently ruining Ruining by getting lower wages? LOL. The only thing the millennial fail at is class struggle. But they did not learn it from the older Generations that prefer to suck their employers dicks. They just benefited from the concurrency of systems during cold war, which is now over. Now shit starts again.
Post number #160663, ID: af30eb
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>>159034 just wait for ww3 to see humanity as it peak again
Post number #160694, ID: f5eebe
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>>160663 If there was a guarantee that only the responsible idiots would suffer from such an event. I would love to see how the dumb assholes that cry for nation, god and race kill each other. Unfortunately they'll also kill people that are not interested in their shit.
Post number #160992, ID: b80b3b
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>>158383 Fairly long with awful dental hygiene to boot.
Total number of posts: 17,
last modified on:
Sat Jan 1 00:00:00 1519500327
| UK millennials have suffered the second-worst falls in their earnings of any of the dozen advanced economies surveyed by a think tank over the past decade.
In a new report, the Resolution Foundation calculates that average real hourly earnings for under-30s in Britain fell 13 per cent between 2007 and 2014.
Only Greece, where real earnings slumped by 25 per cent over the same period as the eurozone country plunged into depression,