Home Must Reads Economy hits young hardest

Economy hits young hardest

| Print |  Email
Must Reads
Friday, February 10, 2012

Young adults are having the toughest time of any age group recovering from the recession.

Those difficulties are affecting their decisions on careers, school, marriage, and parenthood, according to a new report.

 

“The economy may be improving, but in spite of the recent decline in unemployment, young people are still really struggling,” said Kim Parker, associate director of Pew’s Social and Demographic Trends Project and a co-author of the study.
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.

Read more at The Register-Guard.

{biztweet}recession young adult{/biztweet}

 

 

Comments   

 
Martha  Perez
0 #1 Worried future grandmother...Martha Perez 2012-02-11 13:15:40
Yes, I can relate. When I was a young woman, groceries cost a lot less. Nowadays, everything is so darn expensive! Now that my daughter is independent, she sees how difficult it is to live in this horrible economy. The formula for success that worked for my generation, no longer applies. I see the frustration of today's youth, and it does concern me. When a seedy drug dealer or corrupt CEO can out-earn someone who is honest & educated, what message are we sending to our youth? Do we really want our kids to believe that getting on TV reality shows like "Knocked Up" is the best that they can aspire to? I do not think so.
Quote | Report to administrator
 

More Articles

Healthcare Perspective

November/December 2014
Wednesday, October 22, 2014
BY KIM MOORE

A conversation with Majd El-Azma, president and CEO of LifeWise Health Plan of Oregon, followed by the Healthcare Powerlist.


Read more...

OB Poll: Wineries and groceries

News
Friday, October 24, 2014

24-winethumbA majority of respondents agreed: Local vineyards should remain Oregon-owned and quality is the most important factor when determining where to eat or buy groceries.


Read more...

100 Best Nonprofits to Work for in Oregon [VIDEO]

News
Thursday, October 02, 2014

Screen shot 2014-10-02 at 11.17.21 AMMore than 5,500 employees from 180 organizations throughout the state participated in the 100 Best Nonprofits to Work for in Oregon project.


Read more...

The short list: 5 companies making a mint off kale

The Latest
Thursday, November 20, 2014
kale-thumbnailBY OB STAFF

Farmers, grocery stores and food processors cash in on kale.


Read more...

Three problems with Obama's immigration order

News
Wednesday, November 26, 2014

BY NISHANT BHAJARIA | OP-ED CONTRIBUTOR112614-immigration-thumb

By now, anyone who knows about it has a position on President Obama’s executive order on immigration. The executive order is the outcome of failed attempts at getting a bill through the normal legislative process. Both Obama and his predecessor came close, but not close enough since the process broke down multiple times.


Read more...

What I'm Reading

November/December 2014
Wednesday, October 22, 2014

Peter Lizotte at ACME Business Solutions and Roger Busse at Pacific Continental Bank share their favorite reads.


Read more...

Semiconductor purgatory

News
Monday, October 06, 2014
roundup-logo-thumb-14BY LINDA BAKER | OB EDITOR

Intel's manufacturing way station; Merkley's attack dog; Diamond Foods gets into the innovation business.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS