千禧一代

EM millennials out-earn their elders

If the media coverage is to be believed, the so-called millennials are the most victimised generation in living memory.

This cohort, roughly defined as those born between 1985 and 2000, are perceived (by millennials themselves, at least) as facing a uniquely bleak financial future, blighted by high property prices and student debt, low wages and an ultra-competitive labour market.

But if there is any truth in this at all, it would appear to be a first-world problem. In the emerging world, it seems, millennials are doing so well it is their parents’ generation that is being eclipsed.

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