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Hysteresis - Generation Y bear the scars of the Global Financial Crisis

Graham Watson

14th November 2023

The Resolution Foundation has published new research indicating that so-called Generation Y adults are worse off than their predecessors, earning less, and struggling to afford property in the UK, in comparison with their US counterparts. It's another example of intergenerational inequality, and paints a picture of an economy that hasn't really recovered post the 2008 financial crisis.

Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to tutor2u, reads voraciously and is interested in all aspects of Teaching and Learning.

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