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More Signs That American Youth Are a Lost Generation

More Signs That American Youth Are a Lost Generation

Via: The Atlantic Wire
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New census data released Thursday casts a shadow over the long-term impact of the recession on America’s youth. During the last decade, the unemployment rate for young people spiked to the highest levels since World War II–only 55 percent of Americans aged 16 to 29 have jobs, a 12 percent drop from the employment rate in 2000.
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Faced with a grim outlook, many young people aren’t leaving home until their 30s–the number of Americans aged 25 to 34 living with their parents jumped 25 percent during the recession.
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Last month, The New York Times called the collective youth “Generation Limbo,” but after seeing the new census data, Harvard economist Richard Freeman takes it a stage further. “These people will be scarred, and they will be called the ‘lost generation’–in that their careers would not be the same way if we had avoided this economic disaster,” Freeman told The Associated Press.

The world has seen a number of lost generations in the past century. Gertrude Stein first coined the term in 1920s in reference to the Europeans who grew up during World War I.

But it’s most recently referred to Japanese youth who grew up during that country’s recession in the 1990s. In Japan, the lost youth are referred to as the hikikomori, and the decade of widespread unemployment meant that many of them never had the chance to start careers.

In the 10 years of recession in Japan the number of young people working temporary or contract jobs doubled, and the collective hopelessness lead to a sky-rocketing suicide rate.

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Read more, HERE:

http://www.theatlanticwire.com/national/2011/09/american-youth-lost-generation/42814/

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Newt Gingrich“I believe it is fundamentally wrong to give people money for 99 weeks for doing nothing. That’s why we had welfare reform.”

In Georgia, which Newt represented in Congress:
“Unemployment (must be) through no fault of your own. (Recipient must be) either looking for another job, have definite recall to their jobs within 6 weeks of the last day worked, or in approved training.”

http://edition.cnn.com/2011/09/23/politics/truth-squad-gingrich-unemployment/

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Q: How many of the 45% of Americans aged 16-29 who are without jobs, are eligable for government assistance, in ANY form?

A: I have NO IDEA, but I bet it’s very few; and Gingrich knows it.

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September 23, 2011 - Posted by | 2012, Gingrich, GOP morons | , , , , , , , , , ,

1 Comment »

  1. I’ve said that I would not want be my son’s age, today. I had a hard enough time, when I was his age. No one should feel like the Lone Stranger The corporate structure is an equal persecution slave master. I wrote about it in “The Real Weapon of Mass Destruction: POVERTY”

    http://georgesblogforum.wordpress.com/2011/06/20/the-real-weapon-of-mass-destruction-poverty/

    Comment by georgesblog360 | September 23, 2011 | Reply


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