Are you better off than your parents? Research suggests that many Americans born in 1980 have had a harder time jumping up the economic ladder than the generation before.
The year 1980 also marked a rough turning point in the United States, where income, wealth, job security and economic opportunity began to diverge sharply for the most and least affluent Americans. That means that this current public health and economic crisis is catching them with varied levels of resources to draw on.
We’re working on an article about the financial situations of people born in 1980 as we enter a recession. If you’re turning 40 this year, please tell us what effect the economy has had on you.