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"We are in this for the longterm and have experience with multiple generations, so the name should be useful as a symbol of continuity, " says David Rockefeller Jr.
Unfortunately, not everything in life is planned for, and members of Gen Y who are ill-prepared for bumps in the financial road may experience long-term consequences.
"Many young people now experience long-term unemployment right from the start of their labor market entry, " said Guy Ryder, ILO Director-General, during a presentation of the report's findings.