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Young Workers: Decline in Living Standard

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Uploaded by on Sep 7, 2009

The Labor Day holiday honors working people. But a new study finds disturbing developments for young workers between the ages of 18 and 35. As VOA's Carolyn Presutti reports, the study blames the downturn in the economy and insufficient government intervention.

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  • how much stuff can you buy if you have no house ? even if you have $50,000 in the bank

  • i make $24 hr and $30 hr for OT and i still at home with my parents .my last job was $7 to $11

    one bed room $900 for rent i when broke so fast just had a car bill for $4,000 for some car

    work . 2002 to 2008 home price was so high $780,000 now 2009 upper 100,000 to get in the market for the same house .with out housing you will alway be poor

  • @wolftreetree I see what your saying

  • @Badingolfer12 right now, its like we lost without any resistence.

  • @wolftreetree That might start a trade war

  • Tax chinese imports, watch the economy pick up.

  • bring back those jobs outsourced to India! A customer service job at Dell to me sounds great. I have a BS in communications; I could easily be a supervisor for customer service call center.

    When I first started my degree there were jobs like that everywhere. Now they are all overseas.

  • It seems like the stimulus was exacted at the cost of Generation X and each younger generation thereafter. In some ways America has told its youngsters they're not as valuable as the middle-aged cohort. I cant imagine a lot of boomers retiring anytime soon, they lost money and they're in a great position to get a great deal of it back; young people are not so lucky.

  • 30,000 would be lovely right now

    >:P

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