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This August, the teenage unemployment rate — that is, the percentage of teenagers who wanted a job who could not find one — was 25.5 percent, its highest level since the government began keeping track of such statistics in 1948. Likewise, the percentage of teenagers over all who were working was at its lowest level in recorded history.
“There are an amazing number of kids out there looking for work,” said Andrew M. Sum, an economics professor at Northeastern University. “And given that unemployment is a lagging indicator, and young people’s unemployment even lags behind the rest of unemployment, we’re going to see a lot of kids of out work for a long, long, long, long time.”
Recessions disproportionately hurt America’s youngest and most inexperienced workers, who are often the first to be laid off and the last to be rehired. Jobs for youth also never recovered after the last recession, in 2001...
Economists say there are multiple explanations for why young workers have suffered so much in this downturn, but they mostly boil down to being at the bottom of the totem pole.
Recent college graduates, unable to find higher-paying jobs, are working at places like Starbucks and Gap, taking jobs once held by their younger peers. Half of college graduates under age 25 are in jobs that do not require college degrees, the highest portion in at least 18 years, Mr. Sum said.
Originally posted by kosmicjack
..Recent college graduates, unable to find higher-paying jobs, are working at places like Starbucks and Gap, taking jobs once held by their younger peers. Half of college graduates under age 25 are in jobs that do not require college degrees, the highest portion in at least 18 years, Mr. Sum said.
Originally posted by undefy.gravity
I don't think that the problem is finding crap jobs, I think the problem that MANY youngsters are running into today is even FINDING a crappy job.
Originally posted by Taikonaut
Originally posted by undefy.gravity
I don't think that the problem is finding crap jobs, I think the problem that MANY youngsters are running into today is even FINDING a crappy job.
But then again I see that as down to the educational system in both school and college priming the expectation of a job at the end. It aint handed to you on a plate by someone, you have to create the opportunity yourself
Originally posted by Jessicamsa
And how do you create opportunity for yourself??
You fill out job applications, yes, but then what? I was unemployed for years and places didn't want to hire me because I had a degree. I kept getting told I was "overqualified." I so hate that word. Why go to college if you're just educating yourself out of the available job market? Had I known this was going to happen, I'd not gone to college. It's too late now. I'm sure there are a lot of people experiencing this also.
When I went to school, the saying I kept hearing was to "Go to school, make good grades, and get a job anywhere." After I went to school, made good grades, I could get a job nowhere. They should be punished for lying to people for so long. The education system is who benefitted from it all.
Originally posted by fockewulf190
reply to post by Jessicamsa
You could have easily gotten a job in the military if you were physically fit. The college degree could have opened the door to not only a commission, but medical school, dental school, flight training, air traffic control, all sorts of stuff.
If your worried about the war, join the Coast Guard. The pay is much better than in the past and you can really open up a lot of doors. Much better than earning peanuts at The Gap or similar.