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Adults worry children will be economically worse off: study

January 16, 2025
in Hot Takes
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Adults worry children will be economically worse off: study
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By Leonardo Blair, Senior Reporter Thursday, January 16, 2025Twitter
Photo of stressed out young mother sipping on a cup of coffee on her messy bed while her three daughters are jumping around her.
Picture of stressed younger mom sipping on a cup of espresso on her messy mattress whereas her three daughters are leaping round her. | Getty Photos/Davin G. Pictures

Adults in 36 nations all over the world, together with the US, maintain a bleak view of what the longer term holds for his or her youngsters economically, with greater than half anticipating that children at the moment will probably be worse off than their mother and father amid rising revenue inequality, in line with a brand new examine from the Pew Analysis Heart.

Information collected by the Pew Analysis Heart’s Spring 2024 World Attitudes Survey suggests {that a} median of 57% of adults count on youngsters of their nation to be worse off financially than their mother and father once they develop up.

The examine is predicated on phone, face-to-face and on-line interviews performed underneath the route of Gallup, Langer Analysis Associates, Social Analysis Centre and Verian. 

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The nations that participated within the survey have been the U.S., Canada, Poland, Germany, Sweden, Hungary, Netherlands, Greece, Spain, Italy, United Kingdom, France, India, Bangladesh, Indonesia, Philippines, Singapore, Thailand, Malaysia, Sri Lanka, South Korea, Australia, Japan, Israel, Tunisia, Turkey, Ghana, Nigeria, Kenya, South Africa, Mexico, Argentina, Brazil, Chile, Peru and Colombia.

“In many countries, there is more economic pessimism today than before the COVID-19 pandemic — which hurt many people economically. In 15 of 31 countries where trends are available, the share of the public who thinks children will be worse off financially than their parents is higher today than in pre-pandemic surveys,” researchers notice.

Simply 34% of adults within the nations surveyed imagine the youngsters will probably be higher off than their mother and father.

At 81%, France had the best share of adults who say their youngsters will probably be worse of economically. Italy, the U.Ok., and Australia adopted in second place at 79%. The U.S. and Canada have been listed amongst a number of high-income nations the place roughly three-quarters or extra of adults say youngsters will probably be economically worse off than their mother and father.

In Europe for instance, Poland and Hungary have been the one nations the place most adults didn’t count on youngsters to be worse off than their mother and father.

Over half of adults within the nations surveyed pointed to the rising hole between the wealthy and poor as a “very big problem,” whereas one other 30% say it’s a reasonably huge downside. About 60% of respondents cited the affect of the wealthy in politics as a major issue contributing to revenue inequality, which is seen as a pronounced issue amongst Latin American adults.

“The view that the political influence of the wealthy contributes to economic inequality, while common across most survey countries, is particularly widespread in Latin America. About seven-in-ten or more say this factor contributes a great deal in five of the six Latin American countries polled,” researchers notice.

To a lesser diploma, respondents additionally blamed different components for rising revenue inequality together with issues with their nation’s training system (48%), individuals being born with extra alternatives than others (40%); some individuals working tougher than others (39%), the influence of robots and computer systems doing work beforehand carried out by people (31%), and discrimination towards racial or ethnic minorities (29%).

“Concerns about these issues are often tied to respondents’ demographic characteristics, background and experiences,” researchers clarify.

“For example, in some nations, people with lower incomes are especially worried about economic inequality; racial and ethnic minorities are more concerned about racial and ethnic discrimination; women are more concerned about gender inequality; and people who prioritize religion are more likely to see religious discrimination as a very big problem.”

Contact: leonardo.blair@christianpost.com Comply with Leonardo Blair on Twitter: @leoblair Comply with Leonardo Blair on Fb: LeoBlairChristianPost



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