during a downturn can earn less for up to 15 years compared with people who graduate during times of prosperity.
Instead of sending millennials into greater responsibility and higher income potential, early roles launched many into career uncertainty and lower income paths, trickling down into their ability to build wealth. Many are still financially behind 12 years after the financial crisis, and now they're suffering another blow to their careers and wages.The dismal job market also bears bad news for Gen Z, the oldest of whom turn 23 this year and are just starting to enter the workforce.
Hold on, I'm getting 2008 flashbacks.
Bullish about the next few years.
Is it a one time effect or do you see a prolonged loss of jobs once the economy stutters to a start, if it doesn’t run out of fuel that is.
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Source: BusinessInsider - 🏆 729. / 51 Read more »