https://www.weforum.org/agenda/2019/04/middle-class-dream-out-of-reach-millennials/

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Do you feel like your cost of living is rising? If so, you’re not alone. Years of low income growth and increasing prices have made the "squeezed middle" a reality for many, with new research showing young people’s prospects are among the hardest hit. The middle class is shrinking in most countries and represents an out-of-reach dream for younger generations, according to the OECD’s report Under Pressure: The Squeezed Middle Class . Just 60% of millennials – people born between 1983 and 2002 – are part of middle-income households in their twenties, compared with almost 70% of baby boomers. “The middle class used to be an aspiration,” the report says. “However, there are now signs th... Full story

23 April

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