THE CONVERSATION: Give millennials a break – young people have fewer opportunities to wealth and it’s not their fault

Press/Media: Expert comment

Release date: 27/3/2018

Description

Young people are poorer than older people. And it’s not simply because the old have worked all their lives and are enjoying the fruits of their labours in their sunset years.

The wealth gap between the young and the old is on the rise in England. These were the stark findings of our research into deprivation levels between 2004 and 2015. We measured wealth (or lack thereof) using the the UK government’s English Index of Multiple Deprivation data, which pulls together relative deprivation across seven domains: income, employment, education and skills, health and disability, crime, barriers to housing and services, and living environment.

Media coverage

TitleGive millennials a break – young people have fewer opportunities to wealth and it’s not their fault
Media name/outletThe Conversation
Media typeWeb
CountryUnited Kingdom
Date27/03/18
DescriptionYoung people are poorer than older people. And it’s not simply because the old have worked all their lives and are enjoying the fruits of their labours in their sunset years.

The wealth gap between the young and the old is on the rise in England. These were the stark findings of our research into deprivation levels between 2004 and 2015. We measured wealth (or lack thereof) using the the UK government’s English Index of Multiple Deprivation data, which pulls together relative deprivation across seven domains: income, employment, education and skills, health and disability, crime, barriers to housing and services, and living environment.
URLhttps://theconversation.com/give-millennials-a-break-young-people-have-fewer-opportunities-to-wealth-and-its-not-their-fault-93833
PersonsEvan Kontopantelis