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The Really Lost Generation
Accuracy in Academia ^ | April 14, 2015 | Malcolm A. Kline

Posted on 04/14/2015 9:31:03 AM PDT by Academiadotorg

If the raccoon coat-wearing youth of the 1920s really were the lost generation, what would you call millennials? Generation Opportunity, “a national, non-partisan youth advocacy organization,” crunched the employment and unemployment data for March in its Millennial Jobs Report for March 2015” and found that:

• “The effective (U-6) unemployment rate for 18-29-year-olds, which adjusts for labor force participation by including those who have given up looking for work, is 13.9 percent (NSA). The (U-3) unemployment rate for 18-29 year olds is 9.1 percent (NSA).

• “The declining labor force participation rate has created an additional 1.842 million young adults that are not counted as “unemployed” by the U.S. Department of Labor because they are not in the labor force, meaning that those young people have given up looking for work due to the lack of jobs.

• “The effective (U-6) unemployment rate for 18-29-year-old African-Americans is 20.2 percent (NSA); the (U-3) unemployment rate is 16 percent (NSA).

• “The effective (U-6) unemployment rate for 18-29-year-old Hispanics is 14.3 percent (NSA); the (U-3) unemployment rate is 9.4 percent (NSA).

• “The effective (U-6) unemployment rate for 18-29-year-old women is 11.8 percent (NSA); the (U-3) unemployment rate is 8.1 percent (NSA).”


TOPICS: Business/Economy; Culture/Society
KEYWORDS: college; employment; unemployment; youth
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"Starbuck's special for Choe," said the barista with a women's studies degree.
1 posted on 04/14/2015 9:31:03 AM PDT by Academiadotorg
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To: Academiadotorg
Medieval studies just does not get you the jobs it used to get for you these days....
2 posted on 04/14/2015 9:35:33 AM PDT by Old Teufel Hunden
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To: Old Teufel Hunden; Academiadotorg

Help Wanted

” Need IT guy/gal for full time position. Must be an expert on Chaucer.”


3 posted on 04/14/2015 9:39:16 AM PDT by stephenjohnbanker (My Batting Average( 1,000) (GOPe is that easy to read))
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To: Academiadotorg

This never gets better. We’re still being over-run by invaders. Because savings aren’t accumulating for those with jobs, most will not leave the workforce to retire until they’re forced to do so, so that’s jobs not opening up. An unbelievable percentage of the US population cannot financially survive any kind of crisis. One wonders how much of the US population is living in near third-world status, with total dependency on the government.


4 posted on 04/14/2015 9:45:22 AM PDT by grania
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To: stephenjohnbanker

Maybe you should instead advertise for an expert on Xbox.


5 posted on 04/14/2015 9:48:17 AM PDT by right way right
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To: Old Teufel Hunden

Rather than generation millennial, should be called generation coddled.

Government and parents have combined to protect an entire generation from failure, with the end-result being a bunch of clueless, inept and self-indulgent youngsters without the foggiest idea of how the real world works.

For better or worse, this kind of thing tends to be self-correcting in the long run. In the short term, it’s very hard on individuals.


6 posted on 04/14/2015 9:55:40 AM PDT by stylin_geek (Never underestimate the power of government to distort markets)
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To: grania
"so that’s jobs not opening up."

Sorry to disagree, but I think there is a lot of evidence to show that there are jobs out there. What we lack are qualified candidates to fill those jobs. Hence, the jokes about women's studies and medieval studies. There is a large segment of kids out there today who think they can go to college, get a degree and get handed a job. It doesn't matter what the degree is. That's not the case. Also, the trades are sufferring right now because many of the people who used to go to trade schools are now being pushed into college.
7 posted on 04/14/2015 9:59:00 AM PDT by Old Teufel Hunden
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To: Academiadotorg

The millennial generation is the “GimmeDat” generation as proven by the fact that they elected someone who’s policies have failed for 4 years to another 4 year term thinking that he would give them lost of free stuff


8 posted on 04/14/2015 10:04:45 AM PDT by Bob434
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To: stephenjohnbanker

They never learn. I remember reading a newspaper letter to the editor back in 1969 from a graduate of North Texas State in Denton, Texas. He was complaining that after getting a degree in history, he couldn’t get a job because they didn’t even teach him how to type.


9 posted on 04/14/2015 10:05:08 AM PDT by sparklite2
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To: Academiadotorg
those 20's kids made the babies that won WW2 in both theaters, came home, said next to nothing, jumped in and MADE America

Because as goofy as they may have seemed to be ... they were Americans because their schools, churches, and societies were also .. American.

10 posted on 04/14/2015 10:11:39 AM PDT by knarf
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To: Old Teufel Hunden
re: the trades. Back in the 60s, all schools had shops, and many students found an interest and aptitude in those skills. If high schools went back to shop classes in carpentry, plumbing, electrician work, basic nursing and care-giver skills etc a lot of the problem of matching graduates with available jobs would be solved.

What's bizarre is that anyone outside the top 25% (or so academically) of the population should be going to college.

11 posted on 04/14/2015 10:13:46 AM PDT by grania
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To: knarf

that’s a good point. Come to think of it, Reagan was a teenager in the 1920s


12 posted on 04/14/2015 10:18:48 AM PDT by Academiadotorg
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To: Academiadotorg

and working his way through college, something nobody seems to do anymore.


13 posted on 04/14/2015 10:20:09 AM PDT by Academiadotorg
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To: knarf

Actually, those 20s kids WERE the ones you fought WWII.


14 posted on 04/14/2015 10:29:08 AM PDT by sparklite2
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To: sparklite2

LOL!


15 posted on 04/14/2015 10:33:23 AM PDT by stephenjohnbanker (My Batting Average( 1,000) (GOPe is that easy to read))
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To: Academiadotorg

and working his way through college, something nobody seems to do anymore

Actually my friend and I (both have college kids) were complaining about this last night. No one will hire good, smart, college kids with a work ethic. All of our kids apply to numerous places that theoretically should be snapping these kinds of kids up, but apparently don’t want to take a chance hiring and training kids that might not be there long term because of school. You go back and they have hired some tatted-up freak that ends up quitting in an endless cycle of turnover. Our kids are well-spoken, WANT to work, are willing to work over breaks holidays, come back every summer- but nothing, no calls back or just out right rejection. It is really frustrating for us- and them!


16 posted on 04/14/2015 10:36:08 AM PDT by usmom
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To: Old Teufel Hunden
” ... the trades are suffering right now because many of the people who used to go to trade schools are now being pushed into college.”

Forty percent of male high school grads don't go to college. If they aren't learning a trade, what are they doing? Too many boys (and, to a lesser extent, girls) live at home after high school and, at best, work in a series of dead-end jobs.

17 posted on 04/14/2015 10:42:46 AM PDT by riverdawg
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To: sparklite2

Nope ... would’a been in their 40’s ... it is their kids


18 posted on 04/14/2015 10:57:37 AM PDT by knarf
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To: knarf

Another view is that they were the generations that destroyed us.

The years of government and legislation from 1935 through 1975, doomed America.


19 posted on 04/14/2015 11:02:01 AM PDT by ansel12
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To: Old Teufel Hunden

“the trades are sufferring right now because many of the people who used to go to trade schools are now being pushed into college.”

A young electrician (maybe 27 and apprenticing with a talented man in his late-60’s) was at my house 2 weeks ago and pulled the face off the main breaker box to exchange an old breaker in my original 1968 panel.

When he set the cover down he and I stared at the original electrician’s work in silent regard for about a minute before that guy said, “THAT’S what I want to be.” There wasn’t a wire out of place and it was all in neat rows. It was perfect. Almost beautiful.

If you understand what I am trying to write here then you understand what we’ve mostly lost: Craftsmen. True craftsmen.

We very much need to break the mental stigma associated with working a Trade.

And it’s not just the top 25% who should go to college. Anyone in that top 25% should feel proud taking on a trade as well.


20 posted on 04/14/2015 11:02:36 AM PDT by Noamie
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