Which generation is winning on income? – data insights from the Guardian

Some really interesting data visualisations from the Guardian in their article here that’s part of their series on millenials.

You can enter your age and country and it will tell you on average whether you’re better or worse off than your equivalents in the past and in different countries.

Helpfully they also take that 2d matrix of combinations and plot all the possibilities in a single view like the below which really neatly gives you the full overview in a single screen-sized chunk. Each plot represents income (or possibly disposable income – it’s not clear from the site) from 1979 to 2010 with green representing groups that are now better off and purple those that are now worse off.

disposable income by age and country

It’s a shame the data doesn’t extend to 2016. It’s a really interesting view on some of the real effects of recent economic events across the globe and how their impacts are shared across different age-groups in the same society (spoiler alert: they’re not shared evenly!).

In only one country are under-30s better off now than they were in 1979. That’s crazy!
In the UK particularly, things have been getting a lot worse for under-30s and a lot better for the over-60s. Maybe the state pension pot should be going to help the young rather than the old!
Something’s not right but maybe it’s down to that age-old problem – young people don’t vote, older people do.