These days, the words “the recession” call to mind ubiquitous images of anxiety, hardship and worry. Bemoaned daily by our leaders and cultural spokesmen, the recession has become almost an abstraction, synonymous with generalized dread rather than specific problems experienced by specific groups of people. However, recent surveys show that not everyone is being affected equally or even in the same ways. Today we will summarize some of these findings in order to pinpoint recessionary pressures on particular age groups.
Teenagers aged 16-19
Citing an impressive collection of research and statistics, the blog Political Calculations claims that the recession has “outgrown” teenagers aged 16-19. While this age group bore the brunt of job losses from July 2006 to July 2008, Political Calculations demonstrates that the bulk of job losses since October 2008 have been among adults 25 or older, remarking furthermore on the “apparent stabilization of the net disappearance of jobs held by teens and young adults.” Unfortunately, the authors predict that job losses for this age group will resume with the passing of new, higher minimum wage laws in July of 2009, as these and our next age group are “disproportionately employed at these wage levels.”
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