Despite a rise in part-time employment, those in their late teens and early 20s are in the most precarious position of anyone in that cohort since the 1990s
- Freedom lost: the generation coming of age in Australia’s pandemic-fuelled recession
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When a recession hits, being young is not a place you want to find yourself – as everyone during the early 1980s, 1990s, and GFC found. Every recession always hits the youngest hardest, but what also happens is a dramatic change in both working life and outlook for those who before the recession had the future seemingly all nicely planned.
Recessions may differ due to cause and also to recovery; but one thing is always clear – full-time employment never recovers, and for workers from 19-24, work never recovers as fast as it does for those older.
Read the original article at The Guardian