Matt Rourke, Associated Press
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.
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.
- Clinton: GOP threatening small-business jobs
- How do Utah wages stack up nationally?
- 'Another piece to the puzzle': Census reveals...
- Utah jobless rate holds steady at 3.4 percent
- Koch brothers group launches Utah chapter
- Balancing act: Survey: Millennials seek...
- Is the 40-hour workweek falling out of fashion?
- Dave Ramsey says: Gaining control of your...
- How do Utah wages stack up nationally? 50
- Koch brothers group launches Utah chapter 44
- Clinton: GOP threatening small-business... 15
- Balancing act: Survey: Millennials seek... 14
- Smith's hopes to pass savings from... 7
- 'Another piece to the puzzle': Census... 7
- Banks fined more than $5B, to plead... 6
- Utah jobless rate holds steady at 3.4... 4