Young households still have 25% less income than in the worst moments of the crisis

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Young people still do not recover from the crisis . Not much less. The Family Financial Survey (EFF) that the Bank of Spain has published today, confirms that the average level of income of households with a family head less than 35 years of age "still stands at 76.7% of the average level 2010 ", that is, that young households still have 25% less income than in the worst moments of the severe economic crisis.

"The average income level of households under 35 years of age is substantially lower than what they had in 201 0," say sources from the agency that directs Pablo Hernández de Cos, which affect the situation of young people is one of the aspects more innovative work.

"Despite the recovery, the income and wealth of young households are clearly inferior to those of the pre-crisis period, with implications also for accessibility, savings and financing," they impact from the Bank.

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