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Georgetown university report on the ‘New Lost Generation’

by on October 7, 2013

The report called ‘Failure to Launch’ “includes an analysis of labour force participation, employment, and earnings for young adults in their 20s and older adults in their 50s, 60s, and 70s between 1980 and 2012”.

It was not possible for us to access the analytical material behind the bar charts presented but there seems to be some interesting statistics to review. Of particular interest is the claim to prove that in the US “Older workers aren’t crowding young adults out of the labor market:  there are more job openings created from retirements per young person today than there were in the 1990s”.

Nevertheless we note the tendency to offer broad statements about generations and age groups with being clear as to the definitions and concepts under consideration.

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