NYT reports 37% of 18-29 year olds are unemployed Forum

[Merr]

"Over the last five months, only one job materialized. After several interviews, the Hanover Insurance Group in nearby Worcester offered to hire him as an associate claims adjuster, at $40,000 a year. But even before the formal offer, Mr. Nicholson had decided not to take the job.

Rather than waste early years in dead-end work, actually earn money and get work experience, he reasoned, he would hold out for a corporate position that would draw on his college training and put him, as he sees it, on the bottom rungs of a career ladder miracle."

Fixed.

[Grizz]

This is how I view the job market in America:

You pay a ridiculous cover to get into a bar only to find out that everyone just left and you got stuck with the tab.

This is good.

I think we are really screwed. With the rapid advent of new technologies and the loss of American manufacturing jobs forever, I really see no way to create jobs at a sustainable level. We are royally, royally screwed. IMO, it isn't an issue of markets or consumer confidence or any of that crap... the long term issue is that there aren't enough legitimate jobs go around, and the gap between rich and poor will widen.

But idk crap about economics, so whateva...

Solution, which I've espoused on other threads - Romo, we get a bunch of guns, move to a compound in Montana, and wait for the federal government to disintegrate.

[thuggishruggishbone]

http://www.youtube.com/watch?v=OfXLGhRI ... re=related

[clintonius]

Does the guy expect to make *more* than 40k with only a bachelor's? I'm sure he's brokenhearted that his brothers are in finance and probably started at close to double that, but, jesus man, $40k is a pretty great starting salary for somebody with an undergrad degree and no experience. With a two-year hole in his resume he's not getting into banking.

[romothesavior]

Does the guy expect to make *more* than 40k with only a bachelor's? I'm sure he's brokenhearted that his brothers are in finance and probably started at close to double that, but, jesus man, $40k is a pretty great starting salary for somebody with an undergrad degree and no experience. With a two-year hole in his resume he's not getting into banking.

And as someone who knows insurance relatively well, I can tell you that claims is a common starting place for many, many people in the biz.

[truffleshuffle]

Solution, which I've espoused on other threads - Romo, we get a bunch of guns, move to a compound in Montana, and wait for the federal government to disintegrate.

I thought it was Wyoming?

[let/them/eat/cake]

I'm trying to get a handle on the 37% number. It says 37% of those who are 18-29 do not have jobs, but current college students would comprise some portion of that percentage, right?

yeah it does include higher ed students. you have to keep in mind that number has also risen because many people are escaping the bad economy by returning to school.

if you want to look at just those who have some college and are still unemployed, there is a second chart "college educated 20 to 34 year olds" which shows that around 15-17% of them are unemployed.
http://www.nytimes.com/imagepages/2010/ ... ef=economy

the bottom chart is also interesting...the % of young people returning to live with their parents is significantly on the rise.

hmmm not seeking work. that sounds delicious.

[mallard]

Does the guy expect to make *more* than 40k with only a bachelor's? I'm sure he's brokenhearted that his brothers are in finance and probably started at close to double that, but, jesus man, $40k is a pretty great starting salary for somebody with an undergrad degree and no experience. With a two-year hole in his resume he's not getting into banking.

And as someone who knows insurance relatively well, I can tell you that claims is a common starting place for many, many people in the biz.

I don't really get the criticism as it relates to the actual issue of percentage unemployed. Somebody else took that job, right?

[Grizz]

Solution, which I've espoused on other threads - Romo, we get a bunch of guns, move to a compound in Montana, and wait for the federal government to disintegrate.

I thought it was Wyoming?

Truff that's right, you're in too. We can do Wyoming or Montana.

[D-ROCCA]

Our generation is getting the fucking shaft and most of you are bitching about each other?! Blame the baby boomers! They're the ones who really fucked shit up. The deck is stacked against our generation.

But what do I know? I'm just a lazy poli sci major from a LAC, with no work ethic and a sense of entitlement.

When it comes down to it, you're making an excuse. I don't know you, I'm not going to make any judgments about you, but considering you're a lazy poli sci major from a LAC, with no work ethic and a sense of entitlement, I could give a shit what you have to say.

[billyez]

Where's the optimism that the article says characterizes our generation? America will find a way to rebound from this - we might waste time fighting over it for a good long while before we get serious about it, but eventually the good times will roll again. They always do.

[romothesavior]

Solution, which I've espoused on other threads - Romo, we get a bunch of guns, move to a compound in Montana, and wait for the federal government to disintegrate.

I thought it was Wyoming?

Truff that's right, you're in too. We can do Wyoming or Montana.

Wait, those are two different states?

[paratactical]

.

[truffleshuffle]

Solution, which I've espoused on other threads - Romo, we get a bunch of guns, move to a compound in Montana, and wait for the federal government to disintegrate.

I thought it was Wyoming?

Truff that's right, you're in too. We can do Wyoming or Montana.

Wait, those are two different states?

Choose one then, we will follow.

[Stanford4Me]

I can't help be get aggravated when I read this article.

[General Tso]

Being future lawyers, leadership should be something we are prepared to do.

Areas of change needed: Policy, Cultural, Social

Policy: renewable/sustainable energy, fiscal responsibility, job creation

Cultural: consumerism, greed, apathy, prejudice

Social: compassion, service, trust, love, community, responsibility, wisdom, virture, etc etc etc

this is one of the few substantive posts in this thread....how do you go about achieving these changes? how do you convince people to stop maxing out 4 or 5 credit cards on stupid shit? that's especially difficult when 90% of the economists think that consumer spending is a good thing and banks and foreign governments keep throwing credit at us.

and how do you engender these social changes when the country has become so polarized? do you curb free speech? (ie fox, msnbc)

[Stanford4Me]

Being future lawyers, leadership should be something we are prepared to do.

Areas of change needed: Policy, Cultural, Social

Policy: renewable/sustainable energy, fiscal responsibility, job creation

Cultural: consumerism, greed, apathy, prejudice

Social: compassion, service, trust, love, community, responsibility, wisdom, virture, etc etc etc

this is one of the few substantive posts in this thread....how do you go about achieving these changes? how do you convince people to stop maxing out 4 or 5 credit cards on stupid shit? that's especially difficult when 90% of the economists think that consumer spending is a good thing and banks and foreign governments keep throwing credit at us.

and how do you engender these social changes when the country has become so polarized? do you curb free speech? (ie fox, msnbc)

Not trying to be a douche, but are you expecting some sort of deep conversation to arise in this thread? And what do you expect to result from that conversation? Find some people IRL and work to bring change in your community, that's the best advice I have presently.

[let/them/eat/cake]

Being future lawyers, leadership should be something we are prepared to do.

Areas of change needed: Policy, Cultural, Social

Policy: renewable/sustainable energy, fiscal responsibility, job creation

Cultural: consumerism, greed, apathy, prejudice

Social: compassion, service, trust, love, community, responsibility, wisdom, virture, etc etc etc

this is one of the few substantive posts in this thread....how do you go about achieving these changes? how do you convince people to stop maxing out 4 or 5 credit cards on stupid shit? that's especially difficult when 90% of the economists think that consumer spending is a good thing and banks and foreign governments keep throwing credit at us.

and how do you engender these social changes when the country has become so polarized? do you curb free speech? (ie fox, msnbc)

way to kill a nice superficial denigration of another's superficial entitlement with a call for substantive discussion. geez louise.

Edit: ^ got to that sentiment first, i guess. dangit.

[General Tso]

Not trying to be a douche, but are you expecting some sort of deep conversation to arise in this thread? And what do you expect to result from that conversation? Find some people IRL and work to bring change in your community, that's the best advice I have presently.

And that is good advice but I am presently sitting at work with nothing to do. I'd love to get involved in some kind of youth activist events but I don't really know where to start. I would like to hear others' ideas on the direction of our country and how we can make things better. I don't know of any other forum besides TLS with as many intelligent people who are willing to discuss things like this.

[Stanford4Me]

Not trying to be a douche, but are you expecting some sort of deep conversation to arise in this thread? And what do you expect to result from that conversation? Find some people IRL and work to bring change in your community, that's the best advice I have presently.

And that is good advice but I am presently sitting at work with nothing to do. I'd love to get involved in some kind of youth activist events but I don't really know where to start. I would like to hear others' ideas on the direction of our country and how we can make things better. I don't know of any other forum besides TLS with as many intelligent people who are willing to discuss things like this.

I've become a huge pessimist over the past few years when it comes to "change" in our country. At some point whatever change is being sought will have to go through the political realm, and I feel like we're presently too polar to see any beneficial change come out of politics. I'm trying to remind myself to not let my pessimism lead me to become apathetic in my pursuits, but it's difficult.

[D. H2Oman]

Start another war is still in the lead.

[romothesavior]

Start another war is still in the lead.

Who you thinkin? Korea? China? Maybe Ghana for knocking us out of the last two World Cups?

[bk1]

I feel like we're presently too polar stupid to see any beneficial change come out of politics. I'm trying to remind myself to not let my pessimism lead me to become apathetic in my pursuits, but it's difficult.

FTFY. And I've already succumbed to the apathy.

[truffleshuffle]

I would like to hear others' ideas on the direction of our country and how we can make things better.

Honestly, unless you put the fear of god into Washington nothing is going to change.

http://www.realclearpolitics.com/video/ ... aling.html

[GATORTIM]

I would like to hear others' ideas on the direction of our country and how we can make things better.

I believe we have reached a critical mass. There are too many qualified people for too few jobs (across the spectrum of careers) and as our nation grows more technologically savvy and efficient this will become an even more pressing issue. The only solution I can think of at the moment to curtail this problem would be an astronomical increase in the use of spermicide and the abolition of all on-line colleges/universities.