Youth and the Great Recession / What’s Important In Life ?

 (Chosen excerpts by Job Market Monitor) – A new analysis of a long-term survey of high school students provides an early glimpse at ways their attitudes shifted in the first years of this most recent economic downturn.

Among the findings: Young people showed signs of being more interested in conserving resources and a bit more concerned about their fellow human beings.

Compared with youths who were surveyed a few years before the recession hit, more of the Great Recession group also was less interested in big-ticket items such as vacation homes and new cars – though they still placed more importance on them than young people who were surveyed in the latter half of the 1970s, an era with its own economic challenges.

Either way, it appears this latest recession “has caused a lot of young people to stop in their tracks and think about what’s important in life,” says Jean Twenge, a psychology professor at San Diego State University who co-authored the study with researchers from UCLA.

The analysis, released Thursday, is published in the online edition of the journal Social Psychological and Personality Science.

Its data comes from “Monitoring the Future,” an annual survey of young people that began in the mid-1970s. The authors of the study compared responses of high school seniors from three time periods – 1976-1978 and 2004-2006, as well as 2008-2010, the first years of the Great Recession.

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via Great Recession Pushed Youth To ‘Think About What’s Important In Life,’ Survey Finds.