Young People's Development and the Great Recession

Uncertain Transitions and Precarious Futures

Nonfiction, Health & Well Being, Psychology, Developmental Psychology, Reference & Language, Education & Teaching
Cover of the book Young People's Development and the Great Recession by , Cambridge University Press
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Author: ISBN: 9781316800157
Publisher: Cambridge University Press Publication: November 2, 2017
Imprint: Cambridge University Press Language: English
Author:
ISBN: 9781316800157
Publisher: Cambridge University Press
Publication: November 2, 2017
Imprint: Cambridge University Press
Language: English

The 2007–8 financial crisis and subsequent 'Great Recession' particularly affected young people trying to make their way from education into the labour market at a time of economic uncertainty and upheaval. This is the first volume to examine the impact of the Great Recession on the developmental stage of young adulthood, a critical phase of the life course that has great significance in the foundations of adult identity. Using evidence from longitudinal data sets spanning three major OECD countries, these essays examine the recession's effects on education and employment outcomes and consider the wider psycho-social consequences, including living arrangements, family relations, political engagement, and health and well-being. While the recession intensified the impact of pre-existing trends towards a prolonged dependence on parents and, for many, the precaritisation of life chances, the findings also point to manifestations of resilience, where young people countered adversity by forging positive expectations of the future.

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The 2007–8 financial crisis and subsequent 'Great Recession' particularly affected young people trying to make their way from education into the labour market at a time of economic uncertainty and upheaval. This is the first volume to examine the impact of the Great Recession on the developmental stage of young adulthood, a critical phase of the life course that has great significance in the foundations of adult identity. Using evidence from longitudinal data sets spanning three major OECD countries, these essays examine the recession's effects on education and employment outcomes and consider the wider psycho-social consequences, including living arrangements, family relations, political engagement, and health and well-being. While the recession intensified the impact of pre-existing trends towards a prolonged dependence on parents and, for many, the precaritisation of life chances, the findings also point to manifestations of resilience, where young people countered adversity by forging positive expectations of the future.

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