We have known for some time that today’s young people face more debt, more job competition and lower relative incomes than their parents and grandparents at the same age. But when we surveyed 1,509 young people – including those who did not attend college – we found there is a worrying lack of optimism about their economic prospects across the board.
In research undertaken for the Macdonald-Laurier Institute, we explored the economic outlook and attitudes of young adults aged under 30 who were born or went to school in Canada. What we found paints a picture of a generation frustrated by intergenerational inequality and a strong sense that the deck is stacked against them.
