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P 4067 Crisis hit younger harder

smh 2010.03.10

Crisis hit younger harder: report CHRIS ZAPONE
March 10, 2010

The global financial crisis hit younger Australians hardest last year, pushing more of them onto government benefits and slowing their wages, a new report shows.

The Commonwealth Bank Viewpoint "Economic Vitality" report shows that from December 2008 to December 2009, the percentage of 18-24 year olds receiving Centrelink jobless benefits rose 13.6 per cent, while increasing only 7.3 per cent for 25-34 year olds.
by jpflege | 2010-03-12 19:41 | 018 AU
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