The pandemic has had a lopsided affect on millennials, a generation that was already divided before 2020 by wealth and opportunity, among other things.
— the financial crisis — split the generation down the middle, as the older cohort graduated into a stagnated job market and the younger cohort caught the tailwind of the recovery. Pre-pandemic, millennials were marked by high income inequality that looked even starker along racial lines.
The pandemic has intensified this wealth divide, with some millennials faring well and others continuing to struggle, mirroring America’s K-shaped recovery. But this divide exacerbated and even created other ones, with a huge impact on careers on the one hand, and the very concept of adulthood on the other.
Here’s how the pandemic has further fragmented the millennial generation.