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The State of Young American

November 3, 2011 Comments off

The State of Young American
Source: Demos
From press release:

Today’s 20-somethings are the first generation, as a whole, to face downward economic mobility compared to their parents’ generation, according to a new report from national policy center Demos and youth advocacy organization Young Invincibles. The report, entitled “The State of Young America,” details how the Great Recession has intensified the impact of thirty years of negative economic trends across young Americans’ lives, starting with an analysis of wages: Almost all young people make less than the previous generation at the same age, with young men making $.90 for each dollar their fathers earned, and those with only a high school diploma far less.

The release also includes compelling results from an exclusive national poll of young people, conducted by Lake Research Partners and Bellwether Research & Consulting. The poll shows how a plurality (48 percent) believe that Millenials may be worse off than their parents and 68 percent believe it is harder to make ends meet since the Great Recession, while 69 percent still believe the American Dream is achievable for their generation.

“The State of Young America” also includes policy recommendations from Demos and first-hand accounts of struggling young Americans that illuminate the stories behind the troubling data findings.

Categories: business and economics, children and families, Demos, salaries and wages, social and cultural issues
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