According to the central bank, those born between 1981 and 1996, better known as Millennials, control only 4.6% of the wealth in the country even though they make up the majority of the workforce, with around 72 million people.
It is also observed that during the first half of 2020, Generation X (1965-1980) comprised 25.2% of the population while the Baby Boomers (1946-1964) defended their leadership by controlling 53.2% of US wealth.
Baby Boomers control about $ 59.56 billion and those born before 1946 about $ 18.78 billion.
Millennials have a predilection for real estate assets, where they spend 37% of their fortune, around 3.38 trillion dollars.
His interest in equities, for example, is much more limited, directing only $ 580,000 million to these purposes, about 6.3% of his total wealth.
By contrast, Baby Boomers invest about $ 14.82 trillion in stocks and mutual funds and Generation X another $ 6.28 trillion.
The general unemployment rate, which had risen to 14% in April, has been declining almost month by month, reaching 6.7 in November. »