If you hear young adults complaining about how tough it is to find fulfilling, long term employment, you may be tempted to think they are just feeling sorry for themselves. After all, times are tough on everyone, right? Well, yes and no. Times may be tough across all age groups, and yet most Americans, and most economists, agree that young workers have it particularly bad these days. According to a new report from the Pew Research Center, "There seems to be a near consensus among the public that today’s young adults face greater challenges than their parents did in reaching some of the most basic economic benchmarks."

The report shares some details on how young adults have reacted to the economic downturn:
Many young adults have felt the impact of the recession and sluggish recovery in tangible ways. Fully half (49%) of those ages 18 to 34 say that because of economic conditions over the past few years, they have taken a job they didn’t really want just to pay the bills. More than a third (35%) say they have gone back to school because of the bad economy. And one-in-four (24%) say they have taken an unpaid job to gain work experience.
For some, tough economic times have had an impact on their personal life as well. Roughly a quarter of adults ages 18 to 34 (24%) say that, due to economic conditions, they have moved back in with their parents in recent years after living on their own. Among those ages 25 to 29, the share moving back home rises to 34%. Most adults under age 25 are enrolled in school at least part time (46% are full-time students). By age 25, the majority are out of school, but jobs and housing can be hard to come by, and many “boomerang” back home.
And yet, they remain largely optimistic about their future. Take a look:

Read the full report here.
Posted
02-09-2012 11:21 AM
by
Graham Griffith
Filed under: jobs, recession, unemployment, wages, income, generation Y, millenials, young workers, Pew, Pew Research Center, generations, pew social and deomgraphic trends