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Monday, June 9, 2014

A Bleak Future for Millennials?

Starting Out Behind from the Editorial Board of the New York Times 
"Unlike those who had to enter the work force in the depths of the downturn, they had time, or so it seemed, to wait out the weak economy. But that’s not how things have worked out. While the worst is over, economic conditions are still subpar, damaging the immediate job prospects and long-term living standards of young adults starting out now.  In recent years, the economy has grown annually at 2 percent or so. That’s too slow to make up the current shortfall of nearly seven million jobs, let alone to absorb new graduates or push up wages in jobs that do exist."

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