The Millennial Generation and the Families

Topics: Unemployment, Great Depression, Generation Y Pages: 3 (1110 words) Published: March 1, 2011
The Effects of the Joblessness have on
The Millennial Generation and the Families

Catherine Simmons

Composition 1010, Class TTH 10:50
Professor Vicki Vitelli
October 12, 2010

Don Peck paints a depressing picture of the future of America in his article “How a New Jobless Era Will Transform America”. Unemployment is a disease that has plagued our country for decades, but this country has always survived and recovered. America will survive this high unemployment. Although the high unemployment threatens the career path of this generation, it is more than able to survive through a positive outlook and continuing education, but American families may not be able to return to the traditional appearance because this recession. Although today’s generation is optimistic about their economic future, the unemployment rates among them are higher than the previous generation. Peck’s describes of this generation as one without focus, and takes a passive approach in this great recession. According to Jean Twenge quoted by Peck “ Self-esteem without basis encourages laziness rather than hard work, and that the ability to preserve and keep going is a much better predictor of life outcomes than self-esteem.” Peck notes that this millennial generation has high self esteem, and feels good about their future. Self-esteem and self-worth are foundations needed to combat this great recession so that they will persevere. An entry level job may not be an ideal position after four years of college graduate, but in these economic times it is a start. Kahn quoted by Peck “They were significantly less likely to work in professional occupations or other prestigious sphere.” While working an entry level job, some of the young adults continue their education, or reevaluate their career choice. However some young adults have only a high school education which puts them in a lower income bracket. As a result they do not earn enough to live on their own, and they...
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