Posted on 10/10/2009 4:12:44 PM PDT by SeekAndFind
Bright, eager—and unwanted. While unemployment is ravaging just about every part of the global workforce, the most enduring harm is being done to young people who can't grab onto the first rung of the career ladder.
Affected are a range of young people, from high school dropouts, to college grads, newly minted lawyers and MBAs across the developed world from Britain to Japan. One indication: In the U.S., the unemployment rate for 16- to 24-year-olds climbed to more than 18%, from 13% a year ago.
For people just starting their careers, the damage may be deep, long-lasting, potentially creating a kind of "lost generation." Studies suggest that an extended period of youthful joblessness can significantly depress lifetime income as people get stuck in jobs that are beneath their capabilities, or come to be seen by employers as damaged goods.
Equally important, employers are likely to suffer from the scarring of a generation. The freshness and vitality young people bring to the workplace is missing. Tomorrow's would-be star employees are on sidelines, deprived of experience and losing motivation. In Japan, which has been down this road since the early 1990s, workers who started their careers a decade or more ago and are now in their 30s account for 6 in 10 reported cases of depression, stress, work-related mental disabilities, according to Japan Productivity Center for Socio-Economic Development.
When today's unemployed finally do get jobs in the recovery, many may be dissatisfied to be slotted below people who worked all along—especially if the newcomers spent their downtime getting more education, says Richard Thompson, vice-president for talent development at Adecco Group North America, which employs more than 300,000 people in temporary positions. Says Thompson: "You're going to have multiple generations fighting for the jobs that are going to come back in the recovery."
(Excerpt) Read more at businessweek.com ...
study = student
Yer makin’ my head ‘spode.
Next you’ll be telling me to take the square root of -1.
You're oversimplifying the issue and the problem. You mention the liberal roots. Those liberal roots have webbed its way into EVERY aspect of government and of our lives, as proven by their current control of all three branches and probably the SC now.
So tell us, how does one go about ripping out those liberal roots from the education system? The real question should be, how do we go about eliminating Liberalism. Easier said than done. Barring some radical new movement or revolution, I just don't see that necessary change ahappenin now or any time soon (or maybe ever).
Breaking it by hand with a 10# sledge is no picnic either.
LOL!
Your idea is great. My son has a disability that would keep him out of the military, though.
Precisely.
In this day and age, if you got hurt on site, that construction company would be out of business.
But yet, every study CAN master plumbing, electrical, HVAC, carpentry, auto mechanics, and NEVER be unemployed.....(or need to hire or get ripped by a crook mechanic!)self sufficient?
side note.. (HVAC in the south is known as a recession proof trade) People will hock their BMW to get A/C in the summer.
There are a couple of problems with the CURRENT economic situation. If hundreds of people are applying for the same job, the applicants without a formal education will go into the trash pile without a second consideration.
Here, to drive a truck, a CDL is required, additional education. And, in the instance of my son, they require the person to be 21. So he wouldn’t qualify for that job.
In the case of the person the article is about, is he close to a mining operation? Does he have transportation to get to the job. If you play out the whole situation, liberals have these inner city kiddos trained to rely on public transportation and make car ownership so outrageously expensive, the person starting out probably can’t afford a used car.
Now, the other day I was watching a truck driver on the road where they were doing road construction just sitting. I was thinking that would be sweet, no real responsibilities. While I am sitting there, I can have wireless connection and go to school online.
Those trades are good if you’re 18 or 20 but impossible if you’re older ... I know HVAC better than 99% of the people in the business (I have a mobile a/c cert) but if you do the comm college course and get the ticket the HVAC companies want you cutting your fingers bending sheetmetal for $8/hr (same as their unskilled mexican help) for at least 2 to 3 years before you get a truck of your own.. just can’t do it later in life when you have responsibilities.
Well, yeah. 25% unemployment means 75% are employed. The problem is that "English majors" like Dan think they are above selling men's wear for a living. They will learn otherwise, if things follow the likely trajectory.
Ho hum. Time to change the slacker's di-dee again.
Fingers crossed waiting to hear about my son’s interview.
In the south, if you can define superheat and sub cooling and how to adjust each, you can have a truck come summer. (residential hvac) knock on doors in March, show vocational training, pass drug test, and work cheap to start, you can find work.
I took and passed state hvac contrtactors license test and passed, folks call me at night to come to see them for work.
Sadly, I think you may be mistaken.
The Government makes it possible to exist via transfer payments of all sorts for subsidized housing with subsidized food and subsidized gas/electric. Use the cash to buy 40's and 7-11 burritos and life is good.
No longer does an empty belly provide an incentive to work.
LOL - I thought when they turned 16 we wouldn't have to do that anymore!
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