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Posts Tagged ‘Young adults’

Young Adults Are Being Left Behind in The New (Lesser) Economy

Young people are stuck in the unemployment line at the worst rate since World War II. The old folks are hanging on to their jobs because retirement benefits suck for a lot more citizens today than a decade or more ago. New jobs are being created at better rate than the lost decade of George W. Bush, but historically jobs growth still sucks. The share of young adults 18-24 who are employed has dropped to 54.3 percent, the lowest level since the government began tracking such data in 1948.

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