Most in the U.S. say young adults today face more challenges than their parents’ generation in some key areas
About seven-in-ten say young adults today have a harder time when it comes to saving for the future, paying for college and buying a home.
Numbers, Facts and Trends Shaping Your World
About seven-in-ten say young adults today have a harder time when it comes to saving for the future, paying for college and buying a home.
Additionally, about half of lower-income parents (52%) say they have not had enough money for food or their rent or mortgage.
About a year since the coronavirus recession began, there are some signs of improvement in the U.S. labor market, and Americans are feeling somewhat better about their personal finances than they were early in the pandemic.
Generation Xers were hit particularly hard in the recession. Yet Gen Xers are the only generation of households to recover the wealth they lost in the downturn.
Social Security has developed into one of the most popular federal programs, though that popularity is tempered by concern over its long-term financial outlook.
Sales at many retailers spike during the year-end holiday season, but holiday sales overall are a bit less significant than they were two decades ago.
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