Sunday, September 25, 2011

Young Adults are a Lost Generation

The recession (which officially ended in 2009) has hit young adults the hardest, and will continue to impact this generation for the next decade or so. Young people are delaying adulthood, moving in with their parents, and less likely to cross state lines for a job prospect, opting to stay close to home. Many are unemployed or underemployed, the largest group of young adults since WWII.

Even when the market improves, these young people, who have been perhaps scraping by with restaurant or service industry jobs, will then have to compete with recent college grads for entry-level jobs. 

How do you think this recession will impact our generation in years and decades to come? What will America look like in 20 years? How have young people adapted because of the overwhelming unemployment and poverty rates?

Read more about the census findings of the "lost generation" here.

--Megan

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