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In data: The (wage) gap of ages

Whatever you do, don't be young

By Torsten Bell   September 2018

Inter-generational inequality in data. Photo: PA

The financial crisis was a disaster for everyone, but young adults were hardest hit. Those in their twen- ties were the only age group to see a pay squeeze of over 10 per cent. Ten years on, as they head into their thirties, this group still has the most ground to make up.

Even before the crisis, the young were slipping behind their parents in important respects, with home-ownership in particu- lar slipping out of reach. Britain’s post-war baby boomer generation thrived by…

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