This is all according to a report released Tuesday by the Foundation for Child Development that measures the impact of the recession on the current generation.
These are the children of the Great Recession, a cohort that will experience a decline in fortunes that erases 30 years of social progress, the report contends. Known as the Child and Youth Well-Being Index, the report predicts that in the next few years, the economy may recover and the unemployment rate may drop, but the generation growing up now could feel the harsh impact of the recession for years to come.
“These are the lasting impacts of extreme recessions,” said Kenneth Land, a professor of sociology and demography at Duke University and the author of the report."
For the entire article, see Education Week at:www.edweek.org/ew/articles/2010/06/08/35child_ep.h29.html?tkn=QYQFJKFoqCOehNMnkkr1mEVvXAqqXoJLZWWF&cmp=clp-edweek