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Stock impact report

Baby Boomers In Gig Economy Make 60% More Than Millennials [zero hedge]

Prudential Financial, Inc. (PRU) 
Last prudential financial, inc. earnings: 2/4 04:18 pm Check Earnings Report
US:NYSE Investor Relations: investor.prudential.com
Company Research Source: zero hedge
Baby boomers working jobs in the gig economy are raking in more money than younger workers, are far less financially stressed and are typically more content with their situation, according to a study recently published by Prudential Financial.Boomers - those above 56-years-old, make an average of $43,600 a year while working 25 hours a week. This compares to Gen Xers (36-55) at $36,300 per year and Millennials (18-35) at $27,500. The younger generations are also working longer hours per week, with GenX at 30 hours and Millennials clocking in an average of 26 hours weekly. The reason behind the variance in income may be because boomers - due to their age - have more hard-to-find skills in fields in which Boomers appear well qualified, compared to younger and less experienced cohorts.There are other factors making boomers in the gig economy happy:“Boomer gig workers are enjoying not only higher levels of income, but also are more likely to be married,” said Jim Mahaney, vice president o Show less Read more
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