Generation Screwed: Youth struggle for jobs, home ownership
CBC News | Posted: December 4, 2013 12:54 PM | Last Updated: December 5, 2013
Financial experts take questions from young Canadians, offer advice
Youth unemployment is rising, student debt is high, and milestones like home ownership and starting a family can seem like distant dreams for many.
Is there any hope?
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- Why are so many of Canada's young people out of work?
- Unpaid internships exploit 'vulnerable generation'
In this video, CBC's Bottom Line panel — senior business correspondent Amanda Lang, economist Jim Stanford, economic analyst Patty Croft and personal finance expert Preet Banerjee — take questions from young Canadians struggling with financial problems.
"We know that we've experienced this social change in Canada over the last 20 or 30 years, kind of the hollowing out of the middle class, the disappearance of good jobs. It's young people who experience that most [directly]," Stanford said. "They're like the shock troops of that change."
Click the video above to watch the discussion about Generation Screwed.