Here's how much millennials are earning annually across the US

I'm sure you have already guessed, it's around 60-70k right? Because there's tons of opportunity out there these guys just aren't capitalizing on it.



Not a big TYT fan however a fan of this information here and the style of the presenters.

In a way it makes me feel better because everyone is struggling it's not just me, but wait everybody is struggling it's not just me what's going on?

This is the quote from the short video that I liked the best aside from the hilarious sarcasm of the, "you have to move to where the money is" mantra pantomimed by the older generations who experienced year after year growth and stable secure high paying jobs and decent purchasing power with their dollar.

Business Insider

Millennials came of age during a tough economic time: Student debt has reached an all-time high, and the job market is more competitive than ever. As a result, young people today aren't earning as much money as their parents did when they were young. So how much are they making?

Using data from the Minnesota Population Center's 2014 American Community Survey in the Integrated Public Use Microdata Series, we found the median annual total personal income for employed millennials. We used the Pew Research Center's definition of millennials: Americans born between 1981 and 1997.

You know what it is. Every single Millennial is lazy, they don't show up for work and they have degrees in liberal arts. I knew it. Lazy bastards.

a reply to: toysforadults

What does Median Income mean? Do they go by center earning bracket or averaged over all incomes?

Because here in Ca. in silicon valley, the rent is godamn 3000 a month for a town house.

Homes around the new apple citadel are million dollar each and people are outbidding each other to get them.

You see, everyone here is a Software King.

Every single Millennial is lazy, they don't show up for work and they have degrees in liberal arts. I knew it. Lazy bastards.

Just a tad of a over generalisation there????

Honestly I could say the same about anyone born in the 70s, doesn’t make it true.

I know loads of people in their late teens early twenties who work hard and do loads, really pissed me of the way older generations take a dump on the kids of today like this. “Lazy bastards” you say..... well those lazy bastards are future doctors keeping your family healthy, the troops keeping you safe or the guy fixing your car.

Hang on, I'm going to get some popcorn and chug some cold medicine.

BRB

Everyone wants to be a CEO and make millions straight out of school and it's just not going to happen. I made damn good money my whole working life as a coal miner, welding/construction and never went to college.
Time to get your hands dirty kids.

mikerowe.com...

Millions of people who have stopped looking for work, are ignoring 5.6 million genuine opportunities. That’s not a polemic, or a judgment, or an opinion. It’s a fact. And so is this: most of those 5.6 million opportunities don’t require a diploma – they require require a skill.
Unfortunately, the skilled trades are no longer aspirational in these United States. In a society that’s convinced a four-year degree is the best path for the most people, a whole category of good jobs have been relegated to some sort of “vocational consolation prize.” Is it any wonder we have 1.3 trillion dollars in outstanding student loans? Is it really a surprise that vocational education has pretty much evaporated from high schools? Obviously, the number of available jobs and the number of unemployed people are not nearly as correlated as most people assume.

originally posted by: intrptr
a reply to: toysforadults

What does Median Income mean? Do they go by center earning bracket or averaged over all incomes?

Because here in Ca. in silicon valley, the rent is godamn 3000 a month for a town house.

Homes around the new apple citadel are million dollar each and people are outbidding each other to get them.

You see, everyone here is a Software King.

Obviously median mean average meaning there is a higher and lower end of the spectrum. The thing you should be seeing in this is that there is a much much larger share of the population in this age group on the lower end of this spectrum dragging the entire age group down into what's essentially poverty from a macro perspective.

a reply to: DAVID64

Of course, the same old diatribe from someone totally disconnected from the current reality, don't let the data persuade you.

None of the hard work or trade work is getting done in this country yet we somehow continue to move along with the highest production in the world and the hardest working population in the world.

Just basing my opinion on the data though, you are probably right now, no one gets their hands dirty anymore.

originally posted by: OtherSideOfTheCoin

Every single Millennial is lazy, they don't show up for work and they have degrees in liberal arts. I knew it. Lazy bastards.

Just a tad of a over generalisation there????

Honestly I could say the same about anyone born in the 70s, doesn’t make it true.

I know loads of people in their late teens early twenties who work hard and do loads, really pissed me of the way older generations take a dump on the kids of today like this. “Lazy bastards” you say..... well those lazy bastards are future doctors keeping your family healthy, the troops keeping you safe or the guy fixing your car.

Me to, trust me we are probably thinking more alike then you think.

Just wanted to be 1st getting that in. As you can see we already have posters literally saying that. First 3 post. Funny huh?

a reply to: toysforadults

Yep. This is the sad truth.

I'm a bit older than the millenials myself, but my "later Gen-X" peers are all in the same boat. If you live in the Tri-state area, you can easily work your life away and never be able to afford even a modest home.

Now, you would THINK that instead of the older generations criticizing millenials for being lazy, they would want to provide more opportunities in order to avoid the inevitable housing collapse of the future....But no.

Instead we have things like an opiate epidemic. Hmmm. How did that pick up so much steam from around 2006 on? Oh right! The old men in suits that allow the CIA to repurpose the Afghani poppy fields to flood our streets with dirt cheap heroin.

I know that's a random tangent, but my point is that instead of the baby boomers being so quick to condemn Millenials, they should take a look at what THEY themselves handed them.

a reply to: AgarthaSeed

Yeah, the people in charge of everything are actually causing their own demise. I find it funny cause I'll be around long enough to see it rebound and recoup my losses but they won't.

They lose in the end and I won't be feeling sorry for them.

I also live in the tri state area where I am a carpenter and I am doing everything I can to get out of the trade because there's a million more tradesmen here that are competing for the same jobs constantly bidding lower and lower. Also you don't get paid consistently, sometimes I won't get paid for 6 weeks because I'm waiting on money from jobs to come in.

How the hell can I continue this way with no security and not making enough to get ahead?

I don't care what other people make.

a reply to: DBCowboy

I do because if I am the only one with money there's no one around to buy my service, which is carpentry with a specialization in hardwood flooring. Used to be a great way to make money but not enough people can afford my services meaning I'm constantly having to adapt to a shrinking market where there's more and more carpenters with the same skill.

Good luck existing in your own world.

a reply to: OtherSideOfTheCoin

Just a tad of a over generalisation there????

Honestly I could say the same about anyone born in the 70s, doesn’t make it true.

I think he was being facetious.

It doesn't matter how hard you study / work, the median income is below a decent living wage.

About the 70s-- I afforded a muscle car, maintenance and repair, gas, party and concert money, on a part time gas station job earning 2.25 an hour.

a reply to: toysforadults

The current reality is that millions of skilled jobs are available, without 4 years of college. Jobs that will start putting money in your pocket NOW. I've told my kids all their life "College is fine...but learn a skill". I'm teaching my son to weld and my daughter has also shown an interest. They always helped me in remodeling projects around the house and are both fairly competent in carpentry. I wouldn't let them build a house, but they know the business end of a hammer and how to operate power tools.

Of course, the same old diatribe from someone totally disconnected from the current reality, don't let the data persuade you.

Seriously? I have 3 kids - 29, 19 and 17. I'm smack in the middle of "the current reality".

a reply to: toysforadults

Not in my own world, it's just none of my god damned business what people earn.



Now if a person is a Marxist asshole, then yes, they will get all bent out of shape over what other people make.


But I don't care what you or anyone else earns.

It's none of my business.

a reply to: DBCowboy

What about Gunther?


On topic. Millennials in my circle don't fall into this demographic, at all.

originally posted by: intrptr
a reply to: toysforadults

What does Median Income mean? Do they go by center earning bracket or averaged over all incomes?

Because here in Ca. in silicon valley, the rent is godamn 3000 a month for a town house.

Homes around the new apple citadel are million dollar each and people are outbidding each other to get them.

You see, everyone here is a Software King.

An experienced "software developer" can earn $150K+. Those are people who have designed API's, written books, written Open Source software that is used by others. Add the money that they have gained from bonuses and stock options. Since the banks allows jumbo loans up to 5x the salary, that pushes house prices up into the stratosphere.

Plus the commutes are awful, taking at least an hour or more. That's an hour that could be spent doing some home R&D or attending Meetup groups.

I've seen jobs ads in other states like OH for embedded systems people where the salaries start at $150K.

originally posted by: DBCowboy
a reply to: toysforadults

Not in my own world, it's just none of my god damned business what people earn.



Now if a person is a Marxist asshole, then yes, they will get all bent out of shape over what other people make.


But I don't care what you or anyone else earns.

It's none of my business.

I don't have to debate this perspective because it's a moot point. As long as you are the only person in the world doing good that's all that matters. You live on a fully self sustaining island and totally take care of yourself so what's happening around you doesn't matter.

I totally understand that and it's completely logical.

originally posted by: toysforadults
a reply to: AgarthaSeed

Yeah, the people in charge of everything are actually causing their own demise. I find it funny cause I'll be around long enough to see it rebound and recoup my losses but they won't.

They lose in the end and I won't be feeling sorry for them.

I also live in the tri state area where I am a carpenter and I am doing everything I can to get out of the trade because there's a million more tradesmen here that are competing for the same jobs constantly bidding lower and lower. Also you don't get paid consistently, sometimes I won't get paid for 6 weeks because I'm waiting on money from jobs to come in.

How the hell can I continue this way with no security and not making enough to get ahead?

You gotta get in the union buddy. Unfortunately that's one of the trades that's union or nothing. It's a shame because unions are a world of politics in their own, but in my experience all the union guys make TONS more than independent contractors.