Archived: Millennials Slammed by Second Financial Crisis Fall Even Further Behind

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Millennials Slammed by Second Financial Crisis Fall Even Further Behind

Janet Adamy

7/9/2022

The economic fallout of the Covid pandemic has been harder on millennials, who are already indebted and a step behind on the career ladder from the last financial crisis. This second pummeling could keep them from accruing the wealth of older generations.

leder, Economic Performance/Indicators, Economic Growth/Recession, Employment/Unemployment Figures, Economic News, Political/General News, Generational Cohorts, Respiratory Tract Diseases, Society/Community, Education, Health, General Labor Issues, Medical Conditions, Outbreaks/Epidemics, Novel Coronaviruses, Infectious Diseases, University/College, LEDER, SYND, WSJ-PRO-WSJ.com, US News, economic performance, indicators, economic growth, recession, employment, unemployment figures, economic news, political, general news, generational cohorts, respiratory tract diseases, society, community, education, health, general labor issues, medical conditions, outbreaks, epidemics, novel coronaviruses, infectious diseases, university, college, us news

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https://www.wsj.com/articles/millennials-covid-financial-crisis-fall-behind-jobless-11596811470

The economic fallout of the Covid pandemic has been harder on millennials, who are already indebted and a step behind on the career ladder from the last financial crisis. This second pummeling could keep them from accruing the wealth of older generations.

Jaclyn Jimenez was laid off from her job at Nordstrom after the pandemic shut down the economy.

Jaclyn Jimenez was laid off from her job at Nordstrom after the pandemic shut down the economy. Allison Zaucha for The Wall Street Journal

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