PMMJ (cheetahmaster) wrote,
PMMJ
cheetahmaster

scary read

"Call it the recession's lost generation. In record-setting numbers, young adults struggling to find work are shunning long-distance moves to live with Mom and Dad, delaying marriage and buying fewer homes, often raising kids out of wedlock. They suffer from the highest unemployment since World War II and risk living in poverty more than others — nearly 1 in 5.

"New 2010 census data released Thursday show the wrenching impact of a recession that officially ended in mid-2009. The American Community Survey, which queries 3 million households, highlights the missed opportunities and dim prospects for a generation of mostly 20-somethings and 30-somethings coming of age in a prolonged slump with high unemployment... Recent college grads now getting by with waitressing, bartending and odd jobs, they will have to compete with new graduates for entry-level career positions when the job market eventually does improve."

Tags: 2011, news, welcome to america
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