Obama’s 2008 Young Voters Find Little Hope in Job Market Bloomberg BusinessWeek • June 15, 2012

The cost of the Great Recession to their livelihoods is likely to continue for decades to come.

College students who graduated during the early 1980s economic downturn suffered wage losses of more than $100,000 during the next 15 years compared to those who came into the job market later in the decade, according to research by Yale School of Management economist Lisa Kahn.

“The group we’re seeing here is going to be hit harder,” said Heidi Shierholz, a market economist with the Economic Policy Institute in Washington. “This recession is deeper and longer.”