In a recent report from Public Religion Research Institute on the Economic Values Survey of a random sample of 2,002 American adults conducted by landline and cell phone interviews from May 30, 2013 through June 16, 2013, it was found that nearly half of respondents (47%) state that their generation is worse off financially than their parent’s compared to 16% who say that their generation is doing about the same as their parent’s and 36% who say that their generation is better off than their parent’s.
The majority of respondents between the ages of 66 and 88 (Silent Generation) say they are better off than their parent’s generation (59%) while the majority of respondents between the ages of 18 and 33 (Millennials) say that they are worse off than their parent’s generation (58%). More than half of respondents between the ages of 34 and 48 (Generation X) also say that they are worse off than their parent’s generation (51%). Respondents between the ages of 49 and 67 (Baby Boomers) are nearly equally divided when comparing their generation to their parent’s (40% say that they are better off while 45% say that they are worse off).
Read more:
http://publicreligion.org/research/2013/07/economic-values-survey-07-2013/#.Ug4SGpK1GvM
http://publicreligion.org/site/wp-content/uploads/2013/07/2013-Economic-Values-Report-Final-.pdf
http://publicreligion.org/
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