While they don't hoard pennies like their Depression-era grandparents, today's young people will forever be affected by the Great Recession.
Entering the workforce during a down economy creates attitudes that could last up to 20 years, according to a recent study led by Yale economics professor Lisa Kahn.
This generation will be plagued by risk aversion, and the belief that hard work no longer guarantees success. Compound that with a fear of confrontation, and you've created a more passive workforce.
But Generation Y -- defined loosely as anyone born in the mid '70s to 90s -- also brings a lot to the table.
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