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Census: Recession taking toll on young adults

Call it the recession's lost generation. In record numbers, they're struggling to find work, shunning long-distance moves to live with mom and dad, delaying marriage and raising kids out of wedlock, if they're becoming parents at all. The unemployment rate for them is the highest since World War II, and they risk living in poverty more than others - nearly 1 in 5.

 

Longest recession since 1930s ended in June 2009, group says

Longest recession since 1930s ended in June 2009, group says

The longest U.S. recession since the Great Depression ended in June 2009, lasting 18 months, the National Bureau of Economic Research said.

Senh: The good news: recession ended last June. The bad news: worst recession since the Great Depression.

 

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