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| NBC Newsman Tom Brokaw at John Carroll University |
By Chris Tye
UNIVERSITY HEIGHTS -- Tom Brokaw came to Cleveland to honor his friend, the late Tim Russert, by giving the commencement address to Russert's alma mater, John Carroll University.
Before he left, he gave the class of 2010 a progress report on the work world they're trying to join.
"You are leaving the sanctuary of learning and innocence in a season of uncertainty and anxiety. Daily, there are painful reminders that the economic model that defined your life turned out to be too much of a house of cards," he said.
He spoke with Channel 3 News about a variety of topics before his speech about the challenges facing the class of 2010.
"A lot of young people are moving back home and living in their parents' home for awhile until they can deal with this tough economy. Marketing people are calling some of these 20-somethings 'neo-frugalists.'"
"They're lowering their sights in terms of what they want in life, now they're concentrating on what they need."
"The people who pay attention to consumer habits of young people have seen a profound shift in the last four years in the kind of fast food and how much they spend there, and what their expectations are."
Click to watch Chris' interview with Tom below:
