Just 6 in 10 young people employed; half part-time

Americans under 30 are going to remember the Obama presidency for a long time. These numbers on unemployment for the young are almost as bad as Greece or Spain. Washington Examiner: 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. But over half, or 59 percent of those aged 18-29, have gone to college and The report reveals that time in college is a better sign of social status than income, mostly because jobs aren't available. 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...(Read Full Post)

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