Hello and welcome to Business Daily from the BBC with me, Manuel Zaragoza.

Coming up, we've never had it so good.

In just about everything that you can measure objectively, most of the world is much better off than is generally thought.

But we hear why those born after 1980 in the developed world might not agree.

The last job I got is through on the waging friend that I had.

And after that, I haven't really got a good job.

That's all here in Business Daily from the BBC.

For most of the past 100 years, parents assumed that their children would fare as well, if not better, than they did.

But things are very different for the generation that came of age in the midst of the 2008 global financial crisis.

They're the generation known as millennials.

In the developed world, studies show they drink less, smoke less and study harder.

They also worry about job security and about whether they'll ever own their own homes.

In fact, signs are that for millennials, generational progress appears to be grinding to a halt.

Daniel Tomlinson is a researcher at the Resolution Foundation, a think tank here in the UK. He's

been following the trend. In general, young people are not doing as well as they may have thought

they were going to do. We've seen big generation on generation progress in living standards

that hasn't existed in lots of countries for the youngest generation. So they're not,

they're not doing as well as their parents, put it that way, financially speaking.

Yes. So in some countries, they're still doing a bit better than their parents,

but the gain that they've experienced is quite small compared to their parents,

maybe did loads better than their grandparents. And in other countries, for example, countries in southern Europe, Spain and Italy and Greece,

yes, millennials are doing significantly worse.

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