The Daily Idea from Harvard Business Review

 

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December 09, 2013 Did You Graduate During a Recession? Here's Your Consolation Prize Graduating from college during a recession can have long-term consequences on one's career: lower wages, fewer opportunities. But there may be a silver lining. According to new research, people who graduated during downturns end up happier in the long run than people who entered the job market during upturns. It's all about perspective. Like bronze medalists who are just grateful to have reached the podium, recession-era graduates are less likely to ponder what could have been. SOURCE: Research: Recession Grads May Wind Up Happier in the Long Run by Emily C. Bianchi

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