"We find that cohorts coming of age during the deep recession of the early 1980s suffer increases in mortality that appear in their late 30s and further strengthen through age 50," the authors of the NBER study wrote. "We show these mortality impacts are driven by disease-related causes such as heart disease, lung cancer, and liver disease, as well as drug overdoses."
And the effect isn't purely economical: Both studies found that this cohort of recession graduates were less likely to be married, more likely to be divorced, and more likely to be childless."I'm a little worried about ending up like those who graduated around 2008,". "A lot of the fear people my age have about getting jobs right out of college have come from the horror stories of people 10 years older than us. It's really scary to think that might be our new reality.
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Boomers at are having a field day
I guess this is based on another 'model'. No proof of that and the 'could be' reporting is more like editorializing.
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