Generation 2012: Optimism Despite Obstacles

Posted on 19 July 2012

 The Olympic generation, aged 18-24, 83% think it will be harder for today’s teenagers to buy a home than it was for their parentsand 58% think it will be much harder, according to a new British Future report.

In Generation 2012: Optimism Despite Obstacles 72% think it will be harder for today’s teenagers to get a good job than it was for their parents, and only 7% think it will be easier. 34% think it will be much harder.

Around 88% of graduates believe it will be harder to buy a home, compared to 85% of those with A-levels or lower. The concern is almost as strong among the privately educated (82%) as those who went to a state comprehensive (88%).

Generation 2012: Optimism Despite ObstaclesBut surprisingly 67% are optimistic about their own future and 33% are pessimistic, overall. Indeed, optimists outnumber pessimists among every group. Graduates and non-graduates, among those work, who are studying those who are unemployed, though it is stronger among the better educated and more affluent.

British Future’s new report Generation 2012 on the challenges facing Britain’s youth has now been released.

British Future has worked with YouGov to conduct a rare poll on the 18-24 group, to find out more about how these young people feel and what they see as their biggest challenges in this challenging economic climate.

Generation 2012 speaks with an age group who have been dubbed by some the “lost generation” but turn out to be more optimistic than their parents, despite the bumpiness of the recession.

Download the publication Generation 2012: Optimism Despite Obstacles.

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