The generation known for bringing the world grunge, ‘zines and slackers is, apparently, slacking.
Generation X, or those born between 1964 and 1980, lost more than 55 percent of their net worth from 2001 to 2010, according to data released by the Fed and parsed by Philadelphia Inquirer Columnist Maria Panaritis.
While much attention has been paid lately to the problems of recent graduates entering a lousy job market and suffering from elevated unemployment, Panaritis’s column gives voice to an oft-forgotten group.
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