Gen Z earning more than millennials did at the same age, says thinktank (opens original article in a new tab)

Research shows Gen Z is earning more than millennials at the same age, with significant pay increases for lower earners, but challenges like rising prices and the Neet crisis threaten these gains.

• Gen Z's real weekly pay at 24 is 12% higher than millennials' at the same age.
• Lowest-paid Gen Z workers saw a 36% real-term pay rise between 2012 and 2025.
• Gen Z's pay gains face threats from rising prices and weak economic growth.
• Neet numbers in the UK reached 1 million, with warnings of a potential 25% increase by 2030.