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Young People's Development and the Great Recession - Uncertain Transitions and Precarious Futures (Hardcover)
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Young People's Development and the Great Recession - Uncertain Transitions and Precarious Futures (Hardcover)
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The 2007-8 financial crisis and subsequent 'Great Recession'
particularly affected young people trying to make their way from
education into the labour market at a time of economic uncertainty
and upheaval. This is the first volume to examine the impact of the
Great Recession on the developmental stage of young adulthood, a
critical phase of the life course that has great significance in
the foundations of adult identity. Using evidence from longitudinal
data sets spanning three major OECD countries, these essays examine
the recession's effects on education and employment outcomes, and
consider the wider psycho-social consequences, including living
arrangements, family relations, political engagement, and health
and well-being. While the recession intensified the impact of
pre-existing trends towards a prolonged dependence on parents and,
for many, the precaritization of life chances, the findings also
point to manifestations of resilience, where young people countered
adversity by forging positive expectations of the future.
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