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Sunday, January 23, 2011

Generation R: Generation Recession

This is the generation that experienced growing up during the Great Recession; those born between 1980 and 1990. The affects of this economic time period hold on longer because of the extended unemployment factors at work and generally the lack of opportunities after graduation. Jobs are less secure and benefits are few. They have a hard time moving up the social ladder. They are losing their way with religion and the so-called sacred institutions like marriage. Less are attending services and joining religion. Cohabitation is a growing trend that includes children born out of wedlock. They have a feeling that they will do worse than their parents in reaching the American Dream.


This new group of generation is expected to save more, spend less, and probably be more depressed and less enthusiastic about typical capitalistic culture and the drivers that we call motivation for advancement. Click on the article title bar to listen to and read the NPR Marketplace Interview with researcher Maria Kefalas.

Read more
The Network On Trends In Adulthood
The Recession Generation
5 Principles of Gen R
Alarming California Community College Dropout Statistics

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