Only 54% Of Young Adults In America Have A Job; Lowest in 64 years, and 7% worse than when Obama took office

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    Mar 02, 2012 1:13 AM GMT
    http://www.zerohedge.com/news/only-54-young-adults-america-have-job

    A month ago, Zero Hedge readers were stunned to learn that unemployment among Europe's young adults has exploded as a result of the European financial crisis, and peaking anywhere between 46% in the case of Greece all they way to 51% for Spain. Which makes us wonder what the reaction will be to the discovery that when it comes to young adults (18-24) in the US, the employment rate is just barely above half, or 54%, which just happens to be the lowest in 64 years, and 7% worse than when Obama took office promising a whole lot of change 3 years ago.

    54%25%20yougn%20adults.jpg
  • Posted by a hidden member.
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    Mar 02, 2012 1:22 AM GMT
    Yep.. you are the epitome of a "shit stirrer".. absolute perfection!icon_rolleyes.gificon_rolleyes.gificon_rolleyes.gificon_rolleyes.gif
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    Mar 02, 2012 1:24 AM GMT
    This is what happens when all the income gains for worker productivity is bottle necked at the very top of the wealth spectrum.
  • conservativej...

    Posts: 2465

    Mar 02, 2012 1:25 AM GMT
    I have noticed as an employer that the 18-25 year old age group seems to be dearth of skills these days. Our average hire age has moved well above 40. Those below say 35 are almost exclusively Indian nationals.
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    Mar 02, 2012 1:27 AM GMT
    conservativejock saidI have noticed as an employer that the 18-25 year old age group seems to be dearth of skills these days.
    That I will agree with. Sadly they are only interested in facebook, their iphones, and jerseylicious on TV.
  • nanidesukedo

    Posts: 1036

    Mar 02, 2012 2:17 AM GMT
    So...Just wondering this: How many are in college? The 18-24 age includes many of those who are still in HS, in college, in graduate/professional schools - etc... Does the number of "employed" include students or are they counted as "unemployed?"
  • GQjock

    Posts: 11649

    Mar 02, 2012 3:10 AM GMT
    Gee Rid ... Mebbe you should tell Boehner and Crew to start with the Jobs jobs Jobs and Cut the Toying with the Vaginas then ...NO?
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    Mar 02, 2012 3:28 AM GMT
    http://www.iop.harvard.edu/Research-Publications/Survey/Fall-2011-Survey

    MORE MILLENNIALS PREDICT OBAMA WILL LOSE BID FOR RE-ELECTION THAN WIN, HARVARD POLL FINDS

    Significant erosion in one of Obama's main constituencies

    First few paragraphs only. Complete results and methodology at link

    Mitt Romney strongest Republican challenger to President Obama; less than one-in-four Millennials support the "Occupy" movement

    Cambridge, MA – A new national poll of America’s 18- to 29- year olds by Harvard’s Institute of Politics (IOP), located at the John F. Kennedy School of Government, finds more Millennials predict President Barack Obama will lose his bid for re-election (36%) than win (30%). The new survey also shows former Massachusetts Governor Mitt Romney fairing best among potential Republican challengers in a general election match-up against President Obama, trailing the President by eleven percentage points (Obama: 37%, Romney: 26%).

    Thirty-two percent of Millennials say they are following the "Occupy Wall Street" demonstrations either very (6%) or somewhat closely (26%), with 66% not following the demonstrations closely. Only twenty-one percent (21%) said they supported the movement. A detailed report on the poll’s findings is available on the Institute’s homepage at http://www.iop.harvard.edu.

    “Our new polling data clearly shows Millennials are growing more concerned over the direction of the country and effectiveness of Washington, D.C. to solve problems,” said Trey Grayson, Director of Harvard’s Institute of Politics. “The opportunity exists for all political parties and campaigns to re-engage this generation – those who do can maximize results in 2012.”

    “While we are more than a year away – it's important to note that with enthusiasm about politics and Washington down, nearly three-quarters of Millennials seriously concerned about jobs and the economy – and more believing that the President that they helped elect will lose, rather than win re-election – this survey may well serve as an ominous sign for Barack Obama's 2012 chances and the political engagement of America’s largest generation,” said John Della Volpe, Polling Director at Harvard’s Institute of Politics.
  • DalTX

    Posts: 612

    Mar 02, 2012 3:40 AM GMT
    I highly recommend Staples and Sports Authority.
    Apparently there are lots of terrific minimum wage jobs that were
    created there.
  • musclmed

    Posts: 3279

    Mar 02, 2012 3:41 AM GMT
    [quote][cite]socalfitness said[/cite]http://www.iop.harvard.edu/Research-Publications/Survey/Fall-2011-Survey

    MORE MILLENNIALS PREDICT OBAMA WILL LOSE BID FOR RE-ELECTION THAN WIN, HARVARD POLL FINDS


    It is unlikely young people would vote Republican dis-proportionally. More likely they just will stay home and not vote at all.
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    Mar 02, 2012 3:58 AM GMT
    musclmed said[quote][cite]socalfitness said[/cite]http://www.iop.harvard.edu/Research-Publications/Survey/Fall-2011-Survey

    MORE MILLENNIALS PREDICT OBAMA WILL LOSE BID FOR RE-ELECTION THAN WIN, HARVARD POLL FINDS


    It is unlikely young people would vote Republican dis-proportionally. More likely they just will stay home and not vote at all.
    Which is very sad because they have been disenfranchised by the political crap. That means every swingin dick and tit in politics. Yes, that means the REPUBS too!