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The problem of youth unemployment : Comments
By Fiona Heinrichs, published 5/4/2012The young face the highest unemployment rate with 18.5 percent of the 18 – 24 year old workforce unemployed.
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With the internet and the emphasis on "training, training, training" we have a more educated and aware youth than ever before...but they are denied housing, career (part-time menial work is anti-career) and are expected to just accept the corruption.
We have regressive economics that rewards financial middle-men and entrenched corporations at the expense of the workforce and the nation as a whole. Real wages drop while housing inflation sucks the life out of the younger workers. I still can't believe that a credit driven "get rich quick" scam that is housing inflation is still seen as a such a good thing! Every million dollars made by not working has to be worked for by someone else! The economy is not limitless. Access to cheap housing and cheap finance is not available to the youth, so it amounts to generational theft.
Folks around 40 are the first generation to see a decline in lifestyle for a good half century. Single parent families, affordable housing, career potential...all became very scarce because of the change from progressive to regressive...from being a young, confident freedom loving society to being a cynical, "conservative" nanny state that mistakes wealthy old folk with wealth generation.
There needs to be an expose of the real statistical evidence out there that points to real issues of inequality and grossly unfair policy.