A Lost Generation? Ten years on from the Great Recession

This report comprises contributions from our members following the Fabian Society Summer Conference fringe and policy Open Day in July 2018, in answer to the question ‘Are Millennials destined to be a ‘Lost Generation’?’

The consequences of the 2008 global financial crash and the slow recovery of the British economy has seen Millennials bear the brunt of the global economic recession and face long-term economic and social damage to
their prospects, opportunities and futures.

It is said that the generation after the Great War was a Lost Generation who had to grow up too fast and were part of the re-building, rather than given an opportunity to reach their own potential. Following the Great Recession, will Millennials provide the foundations that enable future generations to prosper while the potential of their own will be lost?

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