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Economy toughest on young adults, study finds [View all]
Difficulties are shaping their decisions about careers, schooling, marriage and parenthood.
By Rebecca Trounson, Los Angeles Times
February 9, 2012
As the nation climbs slowly out of the Great Recession, young adults appear to be having the toughest time of any age group gaining a foothold in the recovering economy. Those difficulties, in turn, are shaping their decisions about careers, schooling, marriage and parenthood, according to a new report.
The analysis by the Pew Research Center, released Thursday, examines the effects of the recession on the lives and attitudes of young Americans ages 18 to 34.
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Nearly half say that in recent years they've taken a job they didn't really want, to pay the bills. More than a third have gone back to school because of the poor economy. About a third have postponed either their plans to get married or have a child, and one in four say they have moved back in with their parents after living independently. And fewer than half of young people who are now employed say they have the education and training necessary to get ahead in their jobs.
With government economic data showing a record gap in employment levels between the young and all working-age adults, the Pew survey found that 41% of Americans believe that young adults have been hit harder by the recession than other age groups, while 29% said middle-aged adults have had the toughest time, and 24% said those 65 and older have had the worst of it.
More: http://www.latimes.com/news/local/la-me-young-recession-20120209,0,5245256.story?track=rss&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+latimes%2Fmostviewed+%28L.A.+Times+-+Most+Viewed+Stories%29
By Rebecca Trounson, Los Angeles Times
February 9, 2012
As the nation climbs slowly out of the Great Recession, young adults appear to be having the toughest time of any age group gaining a foothold in the recovering economy. Those difficulties, in turn, are shaping their decisions about careers, schooling, marriage and parenthood, according to a new report.
The analysis by the Pew Research Center, released Thursday, examines the effects of the recession on the lives and attitudes of young Americans ages 18 to 34.
---------
Nearly half say that in recent years they've taken a job they didn't really want, to pay the bills. More than a third have gone back to school because of the poor economy. About a third have postponed either their plans to get married or have a child, and one in four say they have moved back in with their parents after living independently. And fewer than half of young people who are now employed say they have the education and training necessary to get ahead in their jobs.
With government economic data showing a record gap in employment levels between the young and all working-age adults, the Pew survey found that 41% of Americans believe that young adults have been hit harder by the recession than other age groups, while 29% said middle-aged adults have had the toughest time, and 24% said those 65 and older have had the worst of it.
More: http://www.latimes.com/news/local/la-me-young-recession-20120209,0,5245256.story?track=rss&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+latimes%2Fmostviewed+%28L.A.+Times+-+Most+Viewed+Stories%29
My question to you: how have you seen the Great Recession impacting younger people's lives?
13 replies
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