Are Young Workers the "Go Nowhere" Generation?

While Some Think Millennials Are the Lost Generation, Scott Gerber Plans to #FixYoungAmerica

Are Young Workers "Lost?"

A recent piece in the New York Times by Todd G. Buchholz and Victoria Buchholz calls 20-somethings the "go-nowhere generation" based on their statistical reluctance to relocate for work. They note, "The likelihood of 20-somethings moving to another state has dropped well over 40 percent since the 1980s, according to calculations based on Census Bureau data…According to the Pew Research Center, the proportion of young adults living at home nearly doubled between 1980 and 2008, before the Great Recession hit."

Whether or not you believe Millennials are sedentary or risk averse, the article includes research by economist Lisa B. Kahn of the Yale School of Management showing, "…those who graduated from college during a poor economy experienced a relative wage loss even 15 years after entering the work force."

Is this just a recipe for a "lost generation?"