Many millennials are worse off than their parents -- a first in American history

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Many millennials are worse off than their parents -- a first in American history
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Millennials are on track to be the first generation not to exceed their parents in terms of job status or income, studies show.

Chat with us in Facebook Messenger. Find out what's happening in the world as it unfolds.At 29, Larsen has a college degree and earns more money, but he doesn't feel he's moving up in the world.When his father, Craig, was 29, he was already married, owned a home in Payson, Utah, and had two of his five children.

She had hoped to become an elementary school teacher, but districts were downsizing at the time she was applying. Brianna Garcia is having a hard time landing a good-paying job.She broadened her search, looking for"something a little higher paying to help me work my way up." But she was repeatedly thwarted by a lack of experience. Finally, with the help of her mom, she landed a job in March at a medical clinic, doing filing for $11 an hour.

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