Data: The Federal Reserve; Chart: Kavya Beheraj/Axios
Millennials are twice as rich as they were before the pandemic.
Why it matters: The recession arrived when millennials — anybody born between 1981 and 1996 — were feeling burned out and doomed. Student loans were stretching as far as the eye can see, and millennial wealth was just a fraction of what previous generations had managed to accumulate at the same age.
