Young And Going For Broke

Hmm.  Can’t say this is encouraging…

 

The rocky economy is affecting everyone from hedge fund number crunchers to homeowners, but young people looking for jobs and student loans might be one of the hardest-hit groups.  

In his latest blog, NBC’s Luke Russert asked around about what recent grads can expect going into the workforce, and he found a forecast that looks grim. “The bad economy is not only affecting young people trying to get into the business world,” he writes. “It has and will hit hiring for all types of jobs. Small businesses will suffer because they can’t secure credit and so cannot grow. Non-profits and social programs will not have as much funding because there will be less capital available to them and their budgets will be down. If you have a job lined up for after graduation, be thankful. These are dire times for young graduates.”

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