How much less are millennials making than their parents?

LONDON - It turns out that young, single people are making less than individuals with dependent children.

According to an article published by The Guardian, millenials aged 25 to 29 "have become poorer over the last 20 years compared with the average population."

While attempting to build a career, these adults struggle with a high cost of living combined with a lack of disposable income. The slow-moving economy has also created a "job-hopping" phenomenon among millennials who often see no point in sticking around at a low-paying, unsatisfying job. Some say that this will actually be beneficial for millennials in the future, as they widen their skill sets and career path for the future.