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29. The jobs are catch as catch can. He and a friend recently put up a white wooden fence for a neighbor, em bedding the posts in cement, a day's work that brought Scott $ 125. He mows lawns and gardens for half a dozen clients in Grafton, some of them family friends. And he is an active volunteer firefighter.
28. Like most of his classmates, Scott tries to get by on a shoestring and manages to earn enough in odd jobs to pay some expenses.
27. "Going it alone," "earning enough to be self-supporting" - these are awkward concepts for Scott Nicholson and his friends. Of the 20 college classmates with whom he keeps up, 12 are working, but only half are in jobs they "really like . " Three are entering law school this fall after frustrating experiences in the work force, "and five are looking for work just as I am, " he said.
26. In 2008, the first year of the recession, the percentage of the population living in households in which at least two generations were present rose nearly a percentage point, to 106 percent, according to the Pew Research Center. The high point , 24 . 7 percent, came in 1940, as the Depression ended, and the low point, 12 percent, in 1980. Striving for Independence
25. Many hard-pressed millennials are falling back on their parents, as Scott Nicholson has. While he has no college debt (his grandparents paid all his tuition and board) many others do, and that helps force them back home.
24. In a recent study, she found that those who graduated from college during the severe early'80s recession earned up to 30 percent less in their first three years than new graduates who landed their first jobs in a strong economy. Even 15 years later, their annual pay was 8 to 10 percent less.
23. "They are definitely more risk-averse," said Lisa B. Kahn, an economist at the Yale School of Management," and more likely to fall behind. "
22. The outlook this time is not so clear. Starved for jobs at adequate pay, the millennials tend to seek refuge in college and in the military and to put off marriage and child-bearing. Those who are working often stay with the jobs they have rather than jump to better paying but less secure ones, as young people seeking advancement normally do. And they are increasingly willing to forgo raises, or to settle for small ones.
21. Military service in World War Il , along with the G. I. Bill and a booming economy, restored well-being; by the 1970s, when Mr. Elder did his retrospective study, the hardships of the Depression were more a memory than an open sore. "They came out of the war with purpose in their lives, and by age 40 most of them were doing well, " he said, speaking of his study in a recent interview.
20. The Great Depression damaged the self-confidence of the young, and that is beginning to happen now, according to pollsters, sociologists and economists. Young men in particular lost a sense of direction, Glen H. Elder Jr. , a sociologist at the University of North Carolina, found in his study, " Children of the Great Depression. " In some cases they were forced into work they did not want —the issue for Scott Nicholson.
