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Making less than dad did


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A place to talk about general business discussions.
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Old 05-28-2007, 06:21 AM
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Do you think your generation is doing better or worse than the previous generation?

What do you think is causing this?

Making less than dad did - American men in their 30s are earning less than their father's generation did, challenging a long-held belief that each generation will be better off than the one that preceded it, according to a new study published Friday.

Relying on Census Bureau figures, the study's authors found that after adjusting for inflation, men in their 30s in 2004 had a median income of about $35,000 per year, for a 12 percent drop compared with $40,000 per year for men in the same age group in 1974.

That stood in stark contrast to men in their 30s in 1994, who earned 5 percent more than their fathers did.
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Old 06-28-2007, 05:08 PM
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I personally feel we are doing less. Job secruity is almost non-existant, there are no pensions, employees are overworked and underpaid compared to the cost of living
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