British Gen Z Earns 15% More Than Millennials, Gaining £3,700 a Year
Updated
Updated · Bloomberg · Jun 24
British Gen Z Earns 15% More Than Millennials, Gaining £3,700 a Year
2 articles · Updated · Bloomberg · Jun 24
Summary
Young Britons born between 1996 and 2000 are earning 15% more before housing costs than millennials born between 1986 and 1990 did at the same career stage.
£3,700 a year is the effective income boost for Gen Z workers, according to Resolution Foundation analysis comparing early-career earnings across the two generations.
The finding may ease political concerns about a UK “lost generation” by suggesting younger workers are starting out with stronger pay than the cohort immediately before them.