3:02 PM Eastern - Wednesday, September 2, 2009

New Report: Young Workers Fall Behind, Blame Wall Street for Economy

A new report from the AFL-CIO shows some stunning statistics about young workers.

  • More than one in three young workers say they are currently living at home with their parents.
  • 31 percent of young workers reports being uninsured, up from 24 percent without health insurance coverage 10 years ago.
  • One-third of young workers cannot pay the bills and seven in 10 do not have enough saved to cover two months of living expenses.

And perhaps the most telling finding:

When asked who is most responsible for the country's economic woes, close to 60 percent of young workers place the blame on Wall Street and banks or corporate CEOs.

It's clear that young workers need change now. We need to hold corporate greed accountable and help young workers - and anyone else who works for a living - get back on track. We can do it with the Employee Free Choice Act.

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