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The Lost Generation

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The unemployment rate for young people 16-24 years old is 18% in the USA in 2009, up from 13% in 2008. This has serious consequences, creating a lost generation as happened in Japan in the last decade.

The shift to part-time workers, lower incomes and the U.S. unemployment rate- 2008 -2014

03/08/2008

Grouped Articles

Income Slides to 1996 Levels

Wall Street Journal 09/14/2011

Young and Isolated

New York Times 06/22/2013

OECD report cites rising income inequality - The Washington Post

Washington Post 12/06/2011

Low Pay Clouds Job Growth

Wall Street Journal 08/12/2013

Lost Decade for Family Income

Wall Street Journal 09/17/2010

Confronting Old Problem May Require a New Deal

New York Times 01/28/2014

Rising Unemployment in the U.S. in 2009.

01/31/2009

The number of people on unemployment benefits hit 5.56 million on March 14, according to the Labor Department, with 662,000 new claims filed since then.

Grouped Articles

Stuck at Unemployed: When A Layoff Becomes a Lifestyle

Washington Post 06/06/2009

How a City Lost Its Soul

Wall Street Journal 02/01/2009

Months After Plant Closed, Many Still Struggling

New York Times 02/10/2009

Ex-G.M. Workers Try to Reboot Their Lives

New York Times 02/13/2009

Dead End in Detroit for White-Collar Workers

New York Times 02/17/2009

Twin Crises Feed the Spiral

Wall Street Journal 02/25/2009

Business credit card debt surge and rising default means the 27 million U.S. small business owners are less likely to hire

07/05/2008

Between 2000 and 2009 there was a sixfold jump in the number of business credit cards to 29 million and the debt on these cards jumped four fold to $296 billion. Small business owners acquired the bad habit of using these cards for operating expenses. with rising default rates, small businessowners are less likely to hire and create jobs as they have done before.

Grouped Articles

A Warning Light to Alert the I.M.F.

New York Times 09/21/2011

Big Banks Cut Back on Loans to Small Business

Wall Street Journal 11/27/2015

Credit Card Overhauls Seem Likely

New York Times 07/05/2008

New Indian Middle Class Gets Caught In the Whirlwind of Revolving Credit

Wall Street Journal 10/28/2008

AmEx Gets Access to Bailout Fund

Wall Street Journal 11/11/2008

Risky Business for AmEx Holders

Wall Street Journal 11/12/2008

How the economic crisis is affecting the U.S. as joblessness increases and people exhaust unemployment benefits.

07/10/2009

The situation in states like Michigan with the auto industry hit hard, and in other parts of the country.

Grouped Articles

Recipients of Jobless Benefits Down Sharply

Wall Street Journal 12/26/2014

Detroit's Food Banks Strain to Serve Middle Class

Wall Street Journal 07/10/2009

Part-Time Workers Mask Unemployment Woes

New York Times 07/15/2009

Jobs Report Highlights Shaky U.S. Recovery

New York Times 10/03/2009

It Will Be Years Before Lost Jobs Return -- and Many Never Will

Wall Street Journal 10/05/2009

The Lost Generation

BusinessWeek 10/09/2009


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