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Millennials Are Still Crushed by Recession and Could Be for Decades

Kansas City Star

“The financial crisis and the Great Recession and its aftermath are hopefully the most significant economic calamity that this generation will experience,” said labor economist and policy analyst Catherine Ruetschlin, a visiting professor at the University of Missouri-Kansas City [and Demos fellow].

“We can cross our fingers and really hope that now that we’re climbing out of that experience, millennials have the opportunity for growth and improving living standards ahead of them. However, there are ... things that really complicate that.”