Fewer young adults have a job in America than ever before!

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Thom Hartmann A...
Thom Hartmann Administrator's picture

Young people are screwed. Only 54% of Americans between the ages of 18 and 24 are employed – that’s the lowest number ever recorded since tracking began more than 60 years ago.  There’s now a 15% gap in employment between young people and all working Americans – that’s also the largest gap ever recorded.  On top of that – they’re drowning in over one trillion dollars worth of student loan debt.  This is quickly becoming a lost generation of Americans – which might explain why there’s an Occupy Wall Street movement out there.  The choice is simple: live on the streets or take to the streets.

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polycarp2
Well, one of my grand nephews

Well, one of my grand nephews is a youngster...and has had 5 jobs in as many months. Each one leads to a layoff for lack of work or cancelled contracts. It turns out his "secure job" wasn't.

His expected baby willl probably be raised on food stamps unless austerity programs demanded by finance cancel them.

Retired Monk - "Ideology is a disease".