A new NBER Working Paper, Countries For Old Men: An Analysis Of The Age Pay Gap by Nicola Bianchi and Matteo Paradisi, reveals, reveals that the pay gap between older and younger workers has been widening for decades across high-income countries, with wages of older workers growing much faster than those of their younger counterparts. The paper uses administrative and survey data to investigate this growing wage disparity.
Want to point out I’m 41 and in the same boat. I can only imagine I’m not an extreme outlier either.
42, class of 2000, one of the original ‘lazy millenials’ I have always worked harder for less and be told be grateful or we will make it even harder. I don’t have a moral to this story.
See my comment above, 42 also, class of 2000 also, and I guess I’m one of the few that got lucky in landing a position in a great company. Just turned over 14 years there. We’re Xennials btw
I’m also the same age and have had a mix of companies. The ones that sucked I left quickly, and the ones that were good I stuck around.
Though I’ve never stayed in one job for more than five years and mainly work for private startups, who spend at ton of money on their employees. Free lunches, lots of trips, great perks, and reasonable, involved executives. But I have the right kind of autism which makes me a highly profitable employee.
And I call us the Oregon Trail Generation.
Don’t worry: that kind of “the kids these days - they are so lazy!” commentary is something that can be traced wayyyyy back in media, and was applied to every generation, I bet.