As the U.S. economy suspends in a prolonged, comatose state, high joblessness and uncertainty among young Americans have incited youth discontent with the federal government’s fiscal and economic blunders. A new poll conducted by Generation Opportunity, a non-profit organization that educates young Americans on the nation’s current political and economic affairs, surveyed individuals between the ages of 18 and 29 on issues such as government spending, national security, and Washington leadership.
The latest U.S. jobs report positioned October as the 32nd consecutive month that unemployment has hovered near or above the 9 percent mark. However, the current unemployment rate does not accurately reflect the percentage of young Americans still struggling to find work. For instance, at the end of August, the U.S. Bureau of Labor Statistics reported a youth unemployment rate (ages 16 to 24) of 18.1 percent, about twice as high as the overall unemployment rate.
"Every day, at a very personal level, young adults are being negatively impacted by the poor economy," said Paul Conway, Generation Opportunity president and former Chief of Staff of the U.S. Labor Department. "The unemployment numbers are particularly concerning when you consider that 43% of young adults are not satisfied with their current level of employment."
Click here to read the entire article.