New Survey: Recession Hitting Young Adults Hardest; With Jobs Disappearing, Wages Shrinking and Benefits Vanishing, Many Are Using Credit Cards to Get By

WASHINGTON, April 8, 2009 — America's young adults face an economy so bleak that many are making choices to make ends meet now that could diminish their economic prospects for a lifetime, according to a new survey that paints a grim picture of the financial challenges facing the generation entering the workforce now.