Economics

Millennials Are Getting Stung by Back-to-Back Global Crises

  • ‘They’re walking a tight rope’ with ‘cliffs on either side’
  • Age group has relatively low levels of net worth, real income
A pedestrian crosses a nearly empty road in Seattle.Photographer: Chona Kasinger/Bloomberg
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Aviv Russ feels like the cards have been stacked against his generation -- and he’s not wrong.

Russ is a millennial, the infamous cohort of people born between 1981 and 1996. He graduated from Boston-based Emerson College in 2009, just as the Great Recession gutted the jobs market for years.