These people are most likely to lose their jobs first in a recession via YahooFinance
No one can predict how severe an economic downturn might be – and which workers are most at risk of a job cut. But it’s useful to put historical data in context.
Brookings Institution economist Harry Holzer says newer college graduates are among the first to be targeted by employers in a recession, because they are the most marginal people in the workforce, having just entered it."Young people get hit the hardest during a recession and that will include young college grads. It will take them longer to find any job, and it will take longer for them to find the jobs they really like in terms of beginning a career," he says.
Although the recession officially ended in June 2009, the unemployment rates for both groups were even higher in 2010. Unemployment for young college graduates was 9.2%, and 5.4% for older college graduates.
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