Ugh, Generation Y. The Millennials. Aren't they just the worst, with their Instagram and their vintage typewriters and Miley Cyrus's new haircut?

While Forbes makes no bones about calling them lazy, in reality those workers who are 19 to 30 years are saddled with student debt for degrees that in many cases don't lead to jobs in their field of study. A new study of Gen Y workers by Payscale shows that while 63 percent of Millennial workers have at least a bachelor's degree, the most commonly reported jobs for them are positions that don't require any higher education.

But for young people trying to defy these depressing odds, some cities are better than others. And, according to Payscale, one of the best cities for Millennials is Houston.

Ranked behind only Seattle, Houston employees earned 4.3 percent more in 2012 than they did in 2009, well above the average U.S. wage change over that time period, at 2.5 percent.

Houston Gen Yers also have a median pay of $44,000, tied for the highest in the country (go oil jobs!), a commute that's only slightly higher than average at 24.8 minutes and plenty of other Millennials to play with, with the age group making up 22 percent of the workforce.

Surprisingly, Millennial magnet Austin did not make the top 20, while Dallas trailed Houston in the No. 6 spot.