Well yeah - they're pretty fucked to put it bluntly. The social contract while not entire broken is just broken enough to make things near impossible. Can't afford a house. Can't afford an education. Can't afford a family. Can't even get a proper job anymore (offshoring/gig economy/zero hour contracts)
All gets chalked up to laziness / too much avocado toast etc, when the truth is the goal posts have shifted to such an extent that for many scoring a goal is no longer plausible no matter how hard they try. This chart captures it best:
[0] https://www.reddit.com/r/dataisbeautiful/comments/e1jrvw/oc_...
I'm sorta on the edge of this (millenial) but man do I have sorry for the younger gen