Harvard: Just 6 in 10 Millennials have jobs, half are part-time

A comprehensive new Harvard University report on Americans under 30, the so-called Millennials, shows that the economy is having a crushing impact, with just 62 percent working, and of those, half are toiling at part-time jobs.

The report, released by Harvard's Institute of Politics, paints a depressing economic portrait of young Americans, many of whom are stuck with huge college tuition bills and little chance of finding a high-paying job......

Contrary to common media wisdom, most younger Americans did not vote in the last election. Of the 46 million Millennials, just half voted. "Although turnout was higher than it was in 1996 and 2000, it was right back to where it has been consistently from 1976-1992," said The report compiled by the National Conference on Citizenship, the Center for Information and Research on Civic Learning and Engagement at Tufts University's Tisch College of Citizenship and Public Service, Harvard University's Institute of Politics, and Mobilize.org.

Another blow to conventional wisdom: Younger Americans interact less than their baby boomer parents, apparently choosing Facebook over facetime. "Conventional group membership, attendance at meetings, working with neighbors, trusting other people, reading the news, union membership and religious participation are all down for young people since the 1970s," said The report provided to Secrets.

Just being honest ...

Maybe I’ll go halves on the price of the gun, unless I get Anoreth’s tax refund again (I have your W-2 and 1099, Butterfly), because she has expensive taste in guns. I could get a lot of French grape juice for the price of a pretty weapon, especially if I hit the sale at Total Wine.

I bet they overwhelmingly voted for The One.

My high school aged grandchildren are mostly in private Catholic schools. A couple are in diocesan Catholic high schools. Every presidential cycle these schools hold elections. I know from many years of experience that the diocesan schools are typically more conservative and go almost 90% for the perceived pro-life candidate. Meanwhile the private school (i.e. the rich kids) typically go about 60% for the pro-life candidate. This time around the private schools were running right near 90% in favor of Romney/other and 10% for Obama. Amazing.

Since these private schools seek some racial diversity, and run about 10% minority, it either means nearly every white kid in the school voted against Obama or quite a few of the minority kids did.

I'm sure some of these recent college grads are sitting on their butts at their parents' expense, but I have to say the vast majority that I know are really trying to hustle. A lot of them are working temporary assignments, like through Accountemps. I know several with a couple of part time jobs because no full time ones were available to them. And these are kids with Business Degrees, not basketweaving.

I know a kid who made Law Review at Temple University who took a job at what I'm told is a third tier law firm and he is *delighted* to have a job. Many of his peers don't.

I lived through the seventies. This economy is worse.

40% still at mom and dads? No need for a job?

I would guess quite a few of those living with mom and dad have jobs. And student loans. They thought they were going to graduate with 40k and 50k dollar jobs. Instead, they're lucky to have a part time or temporary assignment in their own field (like accounting).

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