Story perspectives
Young Americans Face Stagnant Income Amid Rising Costs
10/30/2025
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Story summary
- A JPMorganChase Institute report finds that income growth for young Americans is stagnant, the lowest in nearly a decade.
- For people aged 25 to 29, annual income growth dropped to 5.2% as of last month, reflecting pressure from rising home prices.
- Powell noted that graduates face a cooling labor market influenced by AI fears, while Gen Z turns to stock market investments to build wealth.
