Posted on 10/11/2009 10:38:22 PM PDT by Steelfish
Recession Creating A Lost Generation High unemployment is damaging the future for Americas youth
Dan Schmitz, 25, a University of Wisconsin grad, hasn't had a job in months. [Pic in URL]
By Peter Coy
Oct . 11, 2009
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 to 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 has climbed to more than 18 percent, from 13 percent a year ago.
For people just starting their careers, the damage may be deep and 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.
(Excerpt) Read more at msnbc.msn.com ...
Sorry, Clemenza, my post was intended for Babygene in number 28.
Like your handle. I had to read that book in high school and loved it.
I told my then fiance, now wife, that if the balloon went up I would try to call her from the capsule/launch control center and use that phrase. Not original but still...
“You know that republicans have held power right and they get nothing done?”
I didn’t mention republicans, I said conservatives, Many of the republicans are liberal as well and need to be thrown out. People need to do their homework before they go to the polls.
“My generation and my friends are the ones that are having to deal with it. We are the ones that see it. My tuition is being raised again and again and jobs are becoming fewer and fewer. We are the ones that are being screwed financially in the future and we did nothing wrong except being born at the wrong time.”
And it’s only going to get worse until we stop voting for promises...
Hear, hear! Coming up behind some of these people is a real chore, no doubt. Washington state is bad, but at least I don’t live in California. What a craphole...JFK
From what I hear, they didn’t fire him because he didn’t lie during the interview nor did he surrender any of that info. Doesn’t have a criminal record either. He just showed up the other co-workers by taking a cheaper alternative.
He even said during the interview that he will take any graphics test...and passed. I wish kids today were like him...
Sage advice to your Son...May he brew Well!
I felt the same way entering the job market with no skills or experience in the mid-'70s recession. Filling out multiple job aps every day for weeks to get a minimum wage job. ($2 p. hr. then) Being laid off for little or no reason because employers knew they had 100 other applications in their desks. And it certainly wasn't all Jimmy Carter's fault since the recession began before he took office.
But I look back on it now and realize that I have no one but myself to blame for not becoming a millionaire. Lots of others of my generation did with no more advantages than I had. The times don't make a man what he is his outlook on life does. In good times and in bad there are those who are victims and those who are doers. FWIW
I like how you followed that statement with a long whining rant about Baby Boomers. I guess the first statement wasn't meant to be taken seriously. lol
I had thought about applying for silo duty, but glad I didn't. I heard it was very tough. No mistakes allowed. You guys had a tough row to hoe. So, thank you for your service. You did more than many to keep us safe.
The Titan Missile Museum is not too far from my home. They didn't call it Titan for nothing, that's one scary-big missile. That site was commanded by Col "Bear" Chambers, who also happened to be the Wing Commander at my first duty assignment, Holloman AFB in the early 80's. I was armament systems back then. 462X0.
Col Chambers went into 2nd Amendment rights issues after his retirement. One of the good guys.
Unlike Boomers, I don’t whine. I merely suggested not starting a war blaming other generations for things that YOURS is the most guilty of doing. In other words, for the Boomers still in the back of the VW buses stoned, don’t try to defend an indefensible position.
Don’t the demographics show that YOUR generation elected 0bummer? My generation didn’t need Xtasy to get a woody either. lol
No my generation did not. 99% of Xers are over 30. But, even if they did do you REALLY want to go there? How many pols, who are boomers have and continue to be posion for this country? You are trying to defend the indefensible here. Boomers have been poison, face it and learn it before criticizing other generations. No your generation did not need X to get a woody, they could stick theirs into anything, pulse optional. My generation does not “need” it either. I mean, who would have thunk it! A boomer critcizing others for living the “better living through chemistry” lifestyle they perfected! lol
Right. I wouldn’t want to do anything so utterly stupid as to criticize another generation. /s
Hey, I was just following your lead.
Dont the demographics show that YOUR generation elected 0bummer? My generation didnt need Xtasy to get a woody either. lol
What would you call this? By the way, My post was not even directed at you. You decided on your own to butt in. You got owned in the debate, and then try to take the high road? Are you sure you are not a liberal?
I would call that “after you posted your BS.” You’re not doing “your generation” much good by ignoring the facts here. heh heh heh
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