Generation X Suffered Most From Recession

We’ve been expecting this moment since we first heard Teen Spirit:

Though everyone seems to be feeling sorry for millennials, who are experiencing one of the highest unemployment rates and boomers, who are delaying their retirement due to the economy, the generation in between, Gen X, deserves their own time in the recession limelight.

A Census report released on Monday found that people between 35 and 44 saw a 59 percent decline in median household net worth between 2005 to 2010, the largest drop of all age groups. Those 55 to 64, only saw a 25 percent drop, though they had a larger decline in actual dollar amount.

via Actually It Is Generation X That Suffered Most From The Recession – Business Insider.