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Many Philadelphia millennials are faring worse than Gen Xers
Millennials born to low-income families in the Philadelphia region have lost the most economic ground compared to their Gen X predecessors among the largest U.S. metros, a new analysis finds.
Why it matters: Intergenerational mobility — the idea that you'll do better than your parents, your children will do better than you, and so on — is core to the American dream, but is far from a guarantee.
What they did: A new analysis from the Census Bureau and ...
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