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41% of Americans believe that young adults have been hit the hardest by the recession.
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Only a third of 18-34 year olds rate their financial situation as “excellent” or “good.”
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Young adults working full time have median weekly earnings of $448, about 6 percent less than in 2007.
Why we should care: The prospects for our generation appear bleak, with income declining, high joblessness, and significant debt from credit cards and college. Even older generations agree that we’ve been dealt a lousy deck of cards.
(via today’s Translation)
OUR TIME uses, facts, brevity, and wit to summarize current events and news in ways that provoke dialogue and potentially catalyze action. It’s going to be the next big thing; I’m calling it now. Join the movement!
Jen Bokoff 