‘It’s never enough’: young Americans struggle to build financial independence as cost of living spikes
Young Americans are facing significant challenges in achieving financial independence due to rising living costs and a tough job market. A recent survey indicates that over 80% of young adults perceive the economy negatively. Many are struggling to establish themselves as adults while dealing with economic instability and limited resources.
- ▪More than eight in 10 young adults rate the economy as 'bad' or 'terrible'.
- ▪Young people are experiencing the worst entry-level job market since the pandemic began.
- ▪41% of survey respondents blame Donald Trump for the current economic conditions.
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More than eight in 10 young adults rate the economy as ‘bad’ or ‘terrible’, according to a recent survey from Generation Lab. Photograph: Oscar Wong/Getty ImagesView image in fullscreenMore than eight in 10 young adults rate the economy as ‘bad’ or ‘terrible’, according to a recent survey from Generation Lab. Photograph: Oscar Wong/Getty ImagesUS news‘It’s never enough’: young Americans struggle to build financial independence as cost of living spikesA difficult job market and rising costs are making it harder for young adults to enter adulthoodRainesford StaufferSun 31 May 2026 08.00 EDTLast modified on Sun 31 May 2026 08.02 EDTSharePrefer the Guardian on GoogleYoung people are already facing the worst entry-level job market since the start of the pandemic and significant economic…
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