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GAO REPORT: ACHIEVING AMERICAN DREAM HARDER FOR MILLENIALS, RACIAL DISPARITIES DIMINISHING ECONOMIC MOBILITY

[Economy\GAO Report]
According to GAO, millennials had an estimated median net worth of $20,038 in 2016 dollars, $11,202 less than the average net worth of Generation Xers when they were 25 to 34 years old—a 36-percent decline over 15 years… Black families experience less upward economic mobility from one generation to the next than white families.
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