It is a reality which spares almost no one, and which has dramatic consequences on many life courses. For economist Erwann Tison, “the republican promise is broken”.
Buying an apartment before 30 years old, going on vacation without counting, saving easily each month … These projects that seemed accessible to our parents now seem out of reach for many young workers. Between the explosion of real estate prices, the stagnation of wages and the multiplication of precarious contracts, the purchasing power of the new generations is eroding. Where baby boomers were able to build their heritage quickly thanks to exceptional economic growth, their children and grandchildren face a very different reality. This situation creates unpublished family tensions, with parents who are struggling to understand the financial difficulties of their graduate children.
The figures confirm this. According to economist Erwann Tison, questioned in the program “Questions du Soir d’été” on France Culture, the prospects for wage development have deteriorated considerably. In his analysis, the expert emphasizes that young people clearly express their concern: “I don’t have the impression that I will live as well as my grandparents”especially in terms of salary, access to property, employment and savings. The expert recalls the work of Antoine Foucher, specialist in social issues, who show that a revolution has taken place: “In the 1970s, you double your salary almost every 10 years. Today, it takes 80 years to double your salary.”
This stagnation has dramatic consequences on the life courses of many French people: “When you enter the labor market at the minimum wage, unfortunately, you leave it at 1600, 1,700 euros. So you spend your life, in fact, you are partitioned somewhere in the same socio -professional category.” For Erwann Tison, “The republican promise is broken” Because despite studies and investment in human capital“It is not enough nowadays to access what was doing somewhere the salt of everyday life before, that is to say being able to enjoy your own work, accommodate and start a family serenely.”
Faced with this reality, a few strategies make it possible to accelerate the evolution of its remuneration. Continuing education remains an essential lever: training in new technologies or obtaining certifications can justify a salary revaluation. Changing business every 3 to 5 years also allows larger salary leaps than internal increases. Finally, diversifying your sources of income or additional activities can compensate for the slowness of traditional progress.
