Financial crisis hit millennials' income gains across advanced economies

In the UK, Generation X were 54% better off than baby boomers born between 1946 and 1965

The income boom enjoyed by people born between 1966 and 1980 has turned to “bust” for the generation that followed them, according to a report published Monday.
 

In an analysis of eight high-income countries, the Resolution Foundation think tank found that millennials in their early 30s have household incomes 4 percent lower on average than members of so-called Generation X at the same age.

Britain and Spain stand out. In the UK, Generation X were 54 percent better off than baby boomers born between 1946 and 1965. By contrast, millennials, born between 1980 and 2000, had incomes just 6 percent higher