Monday, May 23, 2011

The Great Recession's lost generation

By Chris Isidore @CNNMoney May 17, 2011: 5:30 PM ET

NEW YORK (CNNMoney) -- The brutal job market brought on by the recession has been hard on everyone, but especially devastating on the youngest members of the labor force.

About 60% of recent graduates have not been able to find a full-time job in their chosen profession, according to job placement firm Adecco.

And for those just entering the workplace, a bout of long-term unemployment can affect their career plans for years to come.

Meghan O'Halloran was one of those who had her career derailed by the timing of her graduation.

She left Cornell University with a degree in architecture and six summers of internships at top firms in New York, Milan and London.

"I thought getting a job would be a snap," she said.

For full story:
http://money.cnn.com/2011/05/17/news/economy/recession_lost_generation/index.htm

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