2020s Could Be Decade Millennials Finally Get Ahead
Young people now in their mid-20s to late-30s grew up during the Great Recession, the worst economic period in the United States since the 1930s. Many in this group called millennials, experienced a late entrance into the job market or accepted lower-paying jobs for which they were overqualified.
The Great Recession lasted from 2007 until 2009 but its effects were longer lasting. Now, observers say the 2020s might mean a better financial future for millennials after their difficult start.
Many millennials starting out faced high unemployment, student loan debt and an increased cost of living. These factors especially affected millennials who completed high school or college during the recession.
Jason Dorsey is president and lead millennial researcher at the Center for Generational Kinetics. He told VOA that since the recession, wages in the United States have largely stayed the same. He says "so many millennials started behind where they thought they would be. And it's taken them longer to recover — if they have recovered."
Experts also say U.S. millennials are the first generation to feel the full impact of many years of rising inequality in America.
A recent study found millennials are financially worse off than members of past generations at the same age. Since 1996, the net worth of people under 35 has dropped by more than 34 percent.
However, things could be more hopeful for these younger Americans. The average U.S. millennial is now over the age of 30 and ready to enter the wealth-gaining time of their life.
Dorsey says millennials have had a lot of time to learn about what it takes to succeed. He says members of the "boomer" generation, people aged 55 to 75, are going to increasingly leave the workforce. He says that is going to create chances for millennials to actually move up into more management-style jobs.
Millennials are at the age when Americans traditionally buy homes, start saving for the future and invest for their retirement. It also will help that many have paid down their student debt now that they have been out of college for a number of years.
Dorsey adds that many millennials may become "two-income households and that's also really helpful for many of them." He says, "Millennials are hitting the times when they should start really saving and investing, and earning higher incomes relative to their spending."
I'm Jonathan Evans.
1.relative to 相对于；涉及
House prices now look cheap relative to earnings.
2.move up into 进入
Engineers may also hold teaching positions or move up into management positions in business.
3.job market 就业市场
Soldiers returning from the war had glutted the job market.
4.full impact 全面影响
We haven't yet seen the full impact on the real economy.
5.It also will help that many have paid down their student debt now that they have been out of college for a number of years.
for a number of years 数年
She had endured great pain for a number of years.
The problem is not new and has been ongoing for a number of years.
6.It also will help that many have paid down their student debt now that they have been out of college for a number of years.
paid down 支付
He planed to keep the house for12 years and let the mortgage get paid down faster.
The owner of the house made it a condition of the sale that one half the purchase money should be paid down.
现在，二三十岁的年轻人在大萧条期间长大的，这是自上世纪30年代以来美国经济最糟糕的时期 。这群人中的很多人被称为“千禧一代”，他们进入就业市场的时间较晚，或者接受了对他们来说大材小用的低薪工作 。
这次大萧条从2007年持续到2009年，但是其影响持续时间更长 。观察人士表示，本世纪20年代可能意味着，在经历了艰难起步后，千禧一代的财务前景可能会更好 。
许多千禧一代初出茅庐就面临着高失业率、学生贷款债务和生活成本上涨的环境 。这些因素尤其影响到了大萧条期间高中或大学毕业的千禧一代 。
杰森·多尔西(Jason Dorsey)是世代动力学研究中心的总裁兼千禧世代首席研究人员 。他告诉美国之音，自这次经济衰退以来，美国基本工资基本保持不变 。他说“很多千禧一代刚起步低于他们的预期 。如果恢复的话，他们一定是花了很长时间才恢复常态 。”
最近的一项研究发现，千禧一代的财务状况较同龄的前几代更差 。自1996年以来，35岁以下人群的净资产下降了超过34% 。
然而对于这些美国年轻人来说，未来可能会充满了转机 。现在美国千禧一代的平均年龄已经超过了30岁，准备进入人生中积累财富的时代 。
多尔西表示，千禧一代花了很多时间学习制胜之道 。他说，55岁-75岁的婴儿潮一代已经逐步远离劳动力市场 。他说，这将为千禧一代创造机会，让他们进入管理类岗位 。
千禧一代正处于美国人传统上购房、开始为未来攒钱并为退休投资的时代 。由于他们已经大学毕业多年，很多人如今都还清了学生贷款，这也会有所帮助 。
多尔西还说，很多千禧一代可能会成为“双收入家庭，这对他们中的许多人也会很有帮助 。”他说：“千禧一代正赶上他们应该开始储蓄和投资，并且收入会比支出更高的时代 。”