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

Molecular Movies

September 2014
Wednesday, August 27, 2014
BY LINDA BAKER

Dr. Chong Fang isn’t God. But the assistant professor of chemistry at Oregon State University is getting closer to figuring out how he put everything together. 


Read more...

Tight and Loose

September 2014
Wednesday, August 27, 2014
BY JENNIFER MARGULIS

As schools implement more rigorous academic standards, holistic and flexible approaches to K-12 education flourish.


Read more...

Buyer's Remorse

September 2014
Tuesday, August 26, 2014

Parents and students paying for college today are like homeowners who bought a house just before the housing bubble burst.


Read more...

What I'm Reading

October 2014
Thursday, September 25, 2014

Nick Herinckx, CEO of Obility, and Jake Weatherly, CEO of SheerID, share what they've been reading.


Read more...

Register for 100 Best Companies survey

News
Wednesday, August 20, 2014
OBM-100-best-logo-2015 150pxwBy Kim Moore | OB Editor

The 2015 survey launched this week. It is open to for-profit private and public companies that have at least 15 full- or part-time employees in Oregon.


Read more...

Gender Code

September 2014
Tuesday, August 26, 2014
BY COURTNEY SHERWOOD

Janice Levenhagen-Seeley reprograms tech.


Read more...

The Diaspora

October 2014
Thursday, September 25, 2014
BY LEE VAN DER VOO

Former newspaper journalists move into brand journalism.


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