Latino and Black Millennials ‘Financially Fragile,’ Report Says

Millennials are “financially fragile,” with Latinx and black populations faring worse than their white counterparts, according to a new report.

Young Invincibles, an advocacy group committed to expanding economic opportunities for millennials (ages 18 to 34 as of 2015), published a brief Friday that found disparities in financial health among white, black, and Latinx young adults. Kelly M. Hernandez, the brief’s author, used the term “Latinx” as a gender-neutral reference to the Latino population.

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