toussaint , ![]()
"In 2022 more than 1/3rd of young adults reported earning no income through wages or a salary, up from 1/5th from 1990.
The share of young adults reporting depression climbed from ˜4% in 2017 to 12.4% in 2022...the median young adult household had a net worth of $11,200, compared with a net worth of $192,100 for all households..Since 2019, real wages have again been stagnant not only for young adults...but also generally for adults of all ages"
#CapitalismIsKillingYou
https://www.stlouisfed.org/institute-for-economic-equity/state-of-economic-equity/challenges-opportunities-advancing-economic-security-us-young-adults?utm_source=twitter&utm_medium=SM&utm_content=stlouisfed&utm_campaign=2b9aee72-99a9-4590-bef4-a09108b72307