Generation Y and the Recession

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By Ben Cohen

What happens when the most self absorbed, self important and self congratulatory generation comes up against a recession that offers little to feed their ego? Oncampus explains:

It was only 18 months ago that the Wall Street Journal ran an article

outlining the lavish demands of a new generation of workers, known

collectively as Gen Y or Millennials or Net Gen. At the time, the

thinking was that this group—ages 30 and under—had employers over a

barrel. For one thing, there were relatively few of them, and

employers, facing an imminent wave of boomer retirements, would be

competing for the best of this young cohort. Also, since this is the

Internet generation, they were believed to possess magical and

mysterious tech skills that would prove invaluable in the workplace of

the future.

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