Millennials Are Falling Out Of The U.S. Middle Class

The global middle class is witnessing a historic hollowing out, with younger generations struggling to find their financial foothold in many wealthier countries around the world, including the U.S. Only 6 of 10 millennials earn enough to be considered middle class, compared with 7 of 10 baby boomers at the same age, according to a new report from the Organization for Economic Cooperation and Development.