Better Off? How Generational Progress Slowed in the U.S.
US generations still out-earn the one before, but the gains keep shrinking. At age 36-40, Millennials' median income ran 18% above Gen X; Gen X topped Boomers by 16%. Boomers beat the Silent Generation by 27%, which beat its elders by 34%. Source: Federal Reserve via Statista.
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