"People who graduated from college in a recession earn 2.5% less"

January 18, 2010 Business Week cover story, The Disposable Worker, looks at how a recession affects graduates and how more jobs are temporary, with no basic benefits, and how workers are happy to have them.

This quote, partially seen in the title, is the most disheartening:

For workers, research shows that chronic unemployment and underemployment cause lasting damage: Older people who lose jobs are often forced into premature retirement, while the careers of young people are stunted by their early detachment from the working world. Even 15 years out of school, people who graduated from college in a recession earn 2.5% less than if they had graduated in more prosperous times...