The Abandoned Generation: Creating Jobs and Opportunities for Young Adults
Since the Great Recession began, young people have taken it on the chin—whether they’re carrying a high school diploma or a costly college degree. The jobless rate among young adults is about double that of other age groups—with unemployment rates at Depression-era levels for young African-American and Latino men without college degrees. No previous recession comes close to this one in terms of the loss of jobs and opportunity among young people. Which helps explain why the majority of Americans now believe today’s Millennial generation will be worse off than their parents. American public opinion is simply catching up with reality; the truth is, the downward spiral for this generation was well underway before the Great Recession.