Millenials: A Disappointed Generation?

Members of Generation Y are starting their careers in perhaps the worst job market since the Great Depression. Experts say the experience creates both immediate and long-term negative impacts, including lower salaries now and in the future. While their reduced spending power will not have a lasting drag on the U.S. economy -- one cohort with reduced consumption does not hold tremendous weight amidst a very broad population, economists say -- it does have significant repercussions for how these young people conduct their adult lives and careers.