Young Workers Suffer Disproportionately in Downturned Economy

Liz Shuler, Secretary-Treasurer, AFL-CIO writes that “in the past 10 years, young workers have suffered disproportionately from the downturn in the economy:

  • One in three young workers is worried about being able to find a job–let alone a full-time job with benefits.
  • Only 31 percent make enough money to cover their bills and put some aside–that is 22 percentage points worse than it was 10 years ago.
  • Nearly half worry about having more debt than they can handle.
    One in three still lives at home with parents.
  • Young workers are living the effects of a 30-year campaign to create a low-wage workforce. It has succeeded.
  • For decades, the far right led an anti-government, anti-investment, feed-the-rich-and-starve-the-poor drive that gave us an era of deregulation, privatization and job exporting.”

[The Huffington Post; December 2009]
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