![]() Among Polish adults who see the country’s current economic situation as good, by contrast, only 19% share this view. In Poland, for example, 63% of those with a negative view of the country’s current economic situation believe children will be worse off in the future. ![]() In all 19 countries surveyed, people with a negative view of their country’s current economic conditions are far more likely to believe that children in their country will be worse off in the future. In France, for example, 90% of adults said in 2013 – during the eurozone public debt crisis which resulted in a French recession – that children would be financially worse off than their parents. ![]() In other countries, however, the share of adults who see a worse financial future for children is lower than in previous years. In South Korea, for example, there has been a steady increase since the question was first asked in 2013 in the share of adults who say children will be worse off than their parents. In 11 of the countries surveyed this year, a record or near record high percentage of adults say children will be worse off financially than their parents. Smaller but still significant increases in these views occurred in the UK, Canada, Singapore, Japan and the U.S. The proportion of people with a pessimistic view of children’s financial future is up by 14 percentage points in Australia, 12 points in the Netherlands and 11 points in Hungary since the last time the question was asked in each country. For example, 42% of respondents in Poland say the youngest generation will be worse off financially – nearly double the 23% who said so in 2019. In nine of the countries surveyed, the percentage of people who say children are going to be worse off than their parents has increased significantly since the question was last asked. Still, Hungarians are more pessimistic than optimistic about the financial future of children in their country, while Israelis are more optimistic and Poles are almost evenly split. In Israel, Hungary and Poland – where the surveys were conducted through face-to-face interviews – more than one-in-ten volunteered a response of “same,” meaning they believe children will have about the same financial situation as their parents. Singapore is the lone country surveyed where a majority of adults (56%) believe the next generation will be better off financially. For respondents in the U.S., read more about the ATP’s methodology.Īt least three-quarters of adults in Japan, France, Italy and Canada say children will be worse off financially than their parents, as do majorities in Spain, the United Kingdom, Australia, the United States, Belgium, Greece, the Netherlands and South Korea. Visit our methodology database for more information about the survey methods outside the U.S. Here are the questions used for this analysis, along with responses. adult population by gender, race, ethnicity, partisan affiliation, education and other categories. The survey is weighted to be representative of the U.S. This way nearly all adults have a chance of selection. survey is a member of the Center’s American Trends Panel (ATP), an online survey panel that is recruited through national, random sampling of residential addresses. In the U.S., we surveyed 3,581 adults from March 21 to 27, 2022. Surveys were conducted face to face in Hungary, Poland and Israel and online in Australia. All surveys were conducted over the phone with adults in Canada, Belgium, France, Germany, Greece, Italy, the Netherlands, Spain, Sweden, the United Kingdom, Japan, Malaysia, Singapore and South Korea. data, this post draws on nationally representative surveys of 20,944 adults from Feb. This Pew Research Center analysis focuses on the financial futures of the next generation in 19 countries, including the United States.
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