Back when he was blogging, TJIC had a nice little animated gif with people running around yelling "Oh Noz."
[update: sent to me by by the folks at finem respice]
Many young adults have felt the impact of the recession and sluggish recovery in tangible ways. Fully half (49%) of those ages 18 to 34 say that because of economic conditions over the past few years, they have taken a job they didn’t really want just to pay the bills. More than a third (35%) say they have gone back to school because of the bad economy. And one-in-four (24%) say they have taken an unpaid job to gain work experience.
First, this study is great evidence of my "what is normal" fail. There is no baseline. OK, 24% moved back in with their parents. How many did this in good times? How much worse is this?
But the real eye-catcher to me is that somehow I am supposed to be shocked that people have to find a job to pay the bills. Even a job that, gasp, they really didn't want. I have a clue for you. A lot of jobs 22-year-olds have to take are not that compelling. Mine were not. Despite what colleges seem to be telling them, the world does not offer up a lot of really cool jobs to inexperienced young adults. Long before you are closing deals with CEO's, you are probably writing sales literature in some cubicle.
And by the way, I am struck by how wealthy our society is when I look at this chart. Look at answers two and three. In both cases, people are saying that in tough times, they chose to forego income and build their skills, even perhaps paying for the privilege. What other time in history would people have this luxury? How many countries today would have so many people with this luxury in hard times? Even in the Great Depression in this country I don't think we saw the same phenomenon. Obviously the economy sucks and it would be great for everyone for it to improve, but in most other times and even in many other countries in the world today, a significant bar in bad times would have been "I starved to death."