Hashtag
Times Advertising

Recessions scar young people their entire lives, even into retirement

  • Written by Jenny Chesters, Senior Lecturer/ Research Fellow, University of Melbourne
Recessions scar young people their entire lives, even into retirementShutterstock

It is well-established that recessions hit young people the hardest.

We saw it in our early 1980s recession, our early 1990s recession, and in the one we are now entering.

The latest payroll data shows that for most age groups, employment fell 5% to 6% between mid-March and May. For workers in their 20s, it fell 10.7%

The most dramatic...

Read more

More Articles ...

  1. Home of the Arts – inside an arts centre keeping body and soul together
  2. How Mumbai's poorest neighbourhood is battling to keep coronavirus at bay
  3. After the bushfires, we helped choose the animals and plants in most need. Here's how we did it
  4. Plane cabins are havens for germs. Here's how they can clean up their act
  5. New Zealand's COVID-19 Tracer app won't help open a 'travel bubble' with Australia anytime soon

Health & Wellness

Why An Emergency Dental Clinic Melbourne Is Essential For Immediate Dental Care

Hashtag.net.au - avatar Hashtag.net.au

Dental emergencies rarely arrive with a polite warning. They burst in like an unexpected storm, bringing pain, discomfort, and urgency. In such moments, having access to a reliable emergency dental ...

Specialist Disability Accommodation Explained: What It Is, Who Qualifies, and How to Access It in Perth

Hashtag.net.au - avatar Hashtag.net.au

For many Australians living with significant disability, the question of where to live — and how to live there safely and comfortably — is one of the most important and most complex they will ever f...

How Smart Site Managers Source Wholesale Medical Supplies to Keep Their Teams Safe and Compliant

Hashtag.net.au - avatar Hashtag.net.au

If you're running a construction site, a civil project, or a trade-based operation anywhere in Australia, first aid preparedness probably sits somewhere near the bottom of your planning checklist — ...