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The young and the jobless

In the March 2010 issue of The Atlantic, Don Peck wrote a cover story, “How a New Jobless Era Will Transform America,” about how prolonged high unemployment, especially among younger Americans, may change the entire character of a generation. Peck, an editor at The Atlantic and a fellow at the Woodrow Wilson International Center for Scholars, writes about how negative economic forces “can leave deep marks that endure long after boom times have returned.” And the effects are not just economic: This era of high joblessness  “is likely to warp our politics, our culture, and the character of our society for years.” Peck is currently working to expand his article into a book.

Need to Know sat down with Peck in his Washington, D.C., office to discuss the long-term effects of joblessness among America’s millennials.

This interview is part of a larger look at how the economic downturn is affecting young workers; “Generation Jobless” will air on Friday, Oct. 8, 2010.

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