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

"These results underscore that young adults are facing enormous challenges in this recession," said Anna Greenberg, Senior Vice President, Greenberg Quinlan Rosner. "More than their parents or grandparents, they are starting out with high debt that continues to accumulate as they try to find their place in the workforce. The services Qvisory is providing can make a real difference, but it also is important that policy makers and business leaders pay attention to this data so they will understand the challenges this generation is facing."