"Adulthood on Hold: The Growing Uncertainty Facing Young Adults in Urban America. For many 20- and 30-year-olds living in cities like New York, the traditional markers of adulthood - steady employment, financial stability, and independence - are increasingly out of reach. As a tough job market and skyrocketing rents continue to squeeze the finances of young people, the pressure to meet these milestones is mounting, leaving many feeling uncertain about their future. With rising debt and stagnant economic prospects, the notion of adulthood as a rite of passage is being redefined, and the consequences for this generation are far-reaching."
A bleak job market. Rising rents. Huge debt. In New York and other cities, traditional milestones of adulthood feel further away for some 20- and 30-year-olds.
