This article discusses how far behind young adults are than their peers from 10 years ago. They are behind in savings especially - most having less than 2 months of living expenses saved up. One third of this demographic are still living with their parents - quite literally putting off "becoming an adult."
This should not be called laziness, as the current job market and economic situation do not provide circumstances where people are able to support themselves fully. The second half of the article provides tips for young adults on how they can begin to save and how to improve their situations.
2 comments:
I was really glad to see the comment that employers view our generation as inexpensive because we have less experience, whereas someone over age 40 is assumed to be "expensive" and a less desirable hire. This gave me a little more hope when thinking about the future when I go to find a job. I think this article exploits our generation a little bit. On one hand, I think that we are facing tough economic times, but on another I think priorities are different. For example, 10 years ago, people did not have the products to spend money on that we do today. Our generation has to have the best of things. An iPod for instance is viewed as a need, rather than a want. Who is fair to say that if todays adults were living in our time they wouldn't be doing the same thing?
I do appreciate this article shedding some light on the fact that it may not be laziness that contributes to all young adults' unemployment. Certainly for some, laziness is a main factor, but in reality there aren't a lot of jobs out there for us to take; even though employers do view us as "inexpensive and tech-savvy" and thus we can be hired more easily. Another problem for our generation, which Rachel pointed out, is that we want too much. Not only in the area of goods but also in wages. These companies may want to hire us "inexpensive" workers, but we may be unwilling to compromise for the "little" amount of pay that we will receive. We all graduate from college wanting the big high-paying job and often do not want to settle for something less. I think this contributes also to the large amount of unemployed in our generation.
Post a Comment