Young adult are struggling the most with the economy.
Since 2010, only 54 percent of adults ages 18-24 have been employed. That's the lowest since 1948, when the government started collecting such data. Currently, about 41 percent of Americans believe young adults (ages 18-34) have been hit the hardest by the bad economy, according to the Pew Research Center.
The gap of 15 percentage points, between young and all aged adults, is the widest in recorded history. Those young adults have also seen a drop of 6 percent in weekly earnings, the biggest decrease among full-time employed adults of any age group in the last four years.2 comments on this story
A large segment of the public, 82 percent, says it's harder for young adults to find a job now than it was during their parents' generation. About 70 percent of those surveyed say it's more difficult to save for the future, pay for college, or buy a home, according to Pew.
However, many young adults still look at the future with optimism. In fact, 88 percent say they either currently have or earn enough or will earn enough money in the future to live the life they want, according to the survey of 2,048 adults across the nation.
The full article is available on Pewsocialtrends.org.