My sleep will remain undisturbed knowing that a swerving stock market steered some elite MBAs to jobs at McKinsey or Bain rather than at Goldman Sachs or Morgan Stanley and thereby left them extremely rich rather than insanely wealthy. But the effects of beginnings on a large swath of the workforce is more troubling, especially since the early data on those who entered the job market during the 2007–2010 Great Recession look especially dim. Kahn and two Yale colleagues have found that the negative impact on students who graduated during 2010 and 2011 “was double what we would have expected
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