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Study: Earning A Living Harder For Millennials
By: Associated Press
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A new analysis finds that millennials are less well off financially than their Baby Boomer parents. The advocacy group Young Invincibles looked at Federal Reserve data and found that with a median household income of $40,581, millennials earn 20 percent less than boomers did at the same stage of life, despite being better educated. Carrie Antlfinger from the Associated Press reports.