Youngest Baby Boomers’ Pay in the US Peaked When They Hit 45
- Findings are in latest US government survey of baby boomers
- Also shows they held an average of about 13 different jobs
This article is for subscribers only.
By the time young US baby boomers reached age 45, their earnings stopped growing — and even declined for some in the years that followed, according to new government data.
Those born from 1957 to 1964 — the youngest contingent of baby boomers — saw hourly earnings surge until age 24 and slow through age 44 before flatlining after that. For people without a college degree, earnings even fell in later years, according to a Bureau of Labor Statistics report published Tuesday.