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Author Topic: The unemployment rate for young Americans has exploded to 52.2 percent  (Read 2978 times)

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Offline bijou

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The unemployment rate for young Americans has exploded to 52.2 percent
« on: September 27, 2009, 07:48:26 AM »
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The unemployment rate for young Americans has exploded to 52.2 percent -- a post-World War II high, according to the Labor Dept. -- meaning millions of Americans are staring at the likelihood that their lifetime earning potential will be diminished and, combined with the predicted slow economic recovery, their transition into productive members of society could be put on hold for an extended period of time.

And worse, without a clear economic recovery plan aimed at creating entry-level jobs, the odds of many of these young adults -- aged 16 to 24, excluding students -- getting a job and moving out of their parents' houses are long. Young workers have been among the hardest hit during the current recession -- in which a total of 9.5 million jobs have been lost. ...
http://www.nypost.com/p/news/business/the_dead_end_kids_AnwaWNOGqsXMuIlGONNX1K
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Offline Lord Undies

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Re: The unemployment rate for young Americans has exploded to 52.2 percent
« Reply #1 on: September 27, 2009, 09:00:52 AM »
It sounds like setting the "minimum wage" at lower-management entry level rate is paying off for the left and creating exactly the atmosphere which was intended.
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Offline thundley4

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Re: The unemployment rate for young Americans has exploded to 52.2 percent
« Reply #2 on: September 27, 2009, 06:34:02 PM »
Raising the minimum wage during a recession when young workers were already overly affected is never a good move.  This one con't be blamed on 0Bama for a change, since this was the second phase, but maybe congress and 0Bama could have rolled it back. Too late now.
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Offline Gratiot

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Re: The unemployment rate for young Americans has exploded to 52.2 percent
« Reply #3 on: September 27, 2009, 10:06:33 PM »
Honest question, does anyone actually think the minimum wage is too high?  Outside of basic mall retailing jobs and occasional fast food restaurants, does anyone actually earn only minimum wage? 
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Offline thundley4

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Re: The unemployment rate for young Americans has exploded to 52.2 percent
« Reply #4 on: September 27, 2009, 10:10:40 PM »
Quote from: Gratiot on September 27, 2009, 10:06:33 PM
Honest question, does anyone actually think the minimum wage is too high?  Outside of basic mall retailing jobs and occasional fast food restaurants, does anyone actually earn only minimum wage? 

I hired in at minimum wage at my current job, back in 1989, didn't get a raise for 2 months.  Made top scale about 18 months later.
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Offline NHSparky

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Re: The unemployment rate for young Americans has exploded to 52.2 percent
« Reply #5 on: September 28, 2009, 08:05:07 AM »
Quote from: Gratiot on September 27, 2009, 10:06:33 PM
Honest question, does anyone actually think the minimum wage is too high?  Outside of basic mall retailing jobs and occasional fast food restaurants, does anyone actually earn only minimum wage? 

In my "moonlighting" job dealing poker, I'm paid min wage, but I get tips on top of that--usually significantly more per hour.  For example, I worked 11 hours yesterday, dealing about 8-9 of those, and pulled down almost $140 in tips.  $15+ an hour in tips alone--not bad.

And no, virtually no head-of-household makes minimum wage, and turnover in those jobs is astronomical.
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“Any man who thinks he can be happy and prosperous by letting the government take care of him better take a closer look at the American Indian.”  -Henry Ford

Offline Celtic Rose

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Re: The unemployment rate for young Americans has exploded to 52.2 percent
« Reply #6 on: September 28, 2009, 09:23:53 AM »
Quote from: Gratiot on September 27, 2009, 10:06:33 PM
Honest question, does anyone actually think the minimum wage is too high?  Outside of basic mall retailing jobs and occasional fast food restaurants, does anyone actually earn only minimum wage? 

Around here, even most entry level jobs seem to pay more than minimum wage.  The minimum wage jobs that I have seen advertised required no skills or experience at all.  Absolute entry-level jobs, like you would see a high school student take.  I'm sure there are some waitressing jobs that make minimum wage, with the assumption that they will earn tips as well, but I didn't make minimum wage even when I got my first high school job, and I certainly don't make it now. 

BTW, I am feeling quite proud of being in the 47.8% of young Americans who are employed.  :-)  2.5 years in my current job.   :cheersmate:
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Offline IassaFTots

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Re: The unemployment rate for young Americans has exploded to 52.2 percent
« Reply #7 on: September 28, 2009, 10:34:10 AM »
Quote from: Celtic Rose on September 28, 2009, 09:23:53 AM
BTW, I am feeling quite proud of being in the 47.8% of young Americans who are employed.  :-)  2.5 years in my current job.   :cheersmate:

As well you should!  Congrats to you! :cheersmate:
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Offline BEG

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Re: The unemployment rate for young Americans has exploded to 52.2 percent
« Reply #8 on: September 30, 2009, 05:32:25 PM »
Quote from: Celtic Rose on September 28, 2009, 09:23:53 AM
Around here, even most entry level jobs seem to pay more than minimum wage.  The minimum wage jobs that I have seen advertised required no skills or experience at all.  Absolute entry-level jobs, like you would see a high school student take.  I'm sure there are some waitressing jobs that make minimum wage, with the assumption that they will earn tips as well, but I didn't make minimum wage even when I got my first high school job, and I certainly don't make it now. 

BTW, I am feeling quite proud of being in the 47.8% of young Americans who are employed.  :-)  2.5 years in my current job.   :cheersmate:


Yeah but you aren't "normal".   :p
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Offline Celtic Rose

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Re: The unemployment rate for young Americans has exploded to 52.2 percent
« Reply #9 on: September 30, 2009, 05:35:00 PM »
Quote from: BEG on September 30, 2009, 05:32:25 PM

Yeah but you aren't "normal".   :p

 :p  I'm as normal as I want to be ;)  I got promoted yesterday too!
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Offline BEG

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Re: The unemployment rate for young Americans has exploded to 52.2 percent
« Reply #10 on: September 30, 2009, 06:00:22 PM »
Quote from: Celtic Rose on September 30, 2009, 05:35:00 PM
:p  I'm as normal as I want to be ;)  I got promoted yesterday too!

Woo hoo, good for you. 
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Offline bijou

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Re: The unemployment rate for young Americans has exploded to 52.2 percent
« Reply #11 on: September 30, 2009, 06:13:09 PM »
Quote from: Celtic Rose on September 30, 2009, 05:35:00 PM
:p  I'm as normal as I want to be ;)  I got promoted yesterday too!
Congratulations. Nice to hear some good employment news.
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Offline Celtic Rose

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Re: The unemployment rate for young Americans has exploded to 52.2 percent
« Reply #12 on: September 30, 2009, 06:24:23 PM »
Quote from: bijou on September 30, 2009, 06:13:09 PM
Congratulations. Nice to hear some good employment news.

Well, I don't actually get the accompanying raise yet. The law firm isn't doing well enough to actually raise salaries.  But, I figure that it probably means they don't plan to lay me off any time soon. ;)
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Offline IassaFTots

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Re: The unemployment rate for young Americans has exploded to 52.2 percent
« Reply #13 on: September 30, 2009, 07:06:07 PM »
Sometimes not being laid off is better than getting a raise.  Way to go!   :cheersmate:
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R.I.P. LC and Crockspot.  Miss you guys.

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"The ultimate measure of a man is not where he stands in moments of comfort and convenience, but where he stands at times of challenge and controversy." ~ Martin Luther King
 
“Political Correctness is about turning a blind eye to painful reality because your comfortable feelings are more important to you than saving lives and providing quality of life to people who work their ass off to be productive and are a benefit to this great American Dream"  ~Ted Nugent

Offline JohnnyReb

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Re: The unemployment rate for young Americans has exploded to 52.2 percent
« Reply #14 on: October 01, 2009, 11:44:14 AM »
Illegals doing the jobs americans don't have to do.....and if we sent all the illegals home, how many jobs would that open up? ..... And if we cut out welfare, foodstamps, section 8 housing, SSDI, years long unemployment benefits, etc. ...how many Americans would go to work? But most importantly, how many votes would the democrats lose.

Just asking.

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“The American people will never knowingly adopt socialism. But, under the name of ‘liberalism’, they will adopt every fragment of the socialist program, until one day America will be a socialist nation, without knowing how it happened.” - Norman Thomas, U.S. Socialist Party presidential candidate 1940, 1944 and 1948

"America is like a healthy body and its resistance is threefold: its patriotism, its morality, and its spiritual life. If we can undermine these three areas, America will collapse from within."  Stalin

Offline Hawkgirl

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Re: The unemployment rate for young Americans has exploded to 52.2 percent
« Reply #15 on: October 01, 2009, 05:11:51 PM »
Quote from: JohnnyReb on October 01, 2009, 11:44:14 AM
Illegals doing the jobs americans don't have to do.....and if we sent all the illegals home, how many jobs would that open up? ..... And if we cut out welfare, foodstamps, section 8 housing, SSDI, years long unemployment benefits, etc. ...how many Americans would go to work? But most importantly, how many votes would the democrats lose.

Just asking.



Americans don't want to mow the lawn or wash dishes in the back of a restaurant.  There is a market for the illegal aliens, that's why they come here.  Today's kids don't know what a hard day's work entails.   They want corner offices, 6 figure salaries, and 8 weeks paid vacation as soon as they graduate. 
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Offline thundley4

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Re: The unemployment rate for young Americans has exploded to 52.2 percent
« Reply #16 on: October 01, 2009, 05:16:04 PM »
Quote from: Hawkgirl on October 01, 2009, 05:11:51 PM
Americans don't want to mow the lawn or wash dishes in the back of a restaurant.  There is a market for the illegal aliens, that's why they come here.  Today's kids don't know what a hard day's work entails.   They want corner offices, 6 figure salaries, and 8 weeks paid vacation as soon as they graduate. 

Yet those jobs, lawn mowing and washing dishes, are the type of jobs that kids need to learn the realities of life. So many today have been spoiled by mummie and daddy.
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Offline rich_t

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Re: The unemployment rate for young Americans has exploded to 52.2 percent
« Reply #17 on: October 02, 2009, 07:14:39 AM »
Quote from: Hawkgirl on October 01, 2009, 05:11:51 PM
Americans don't want to mow the lawn or wash dishes in the back of a restaurant.  There is a market for the illegal aliens, that's why they come here.  Today's kids don't know what a hard day's work entails.   They want corner offices, 6 figure salaries, and 8 weeks paid vacation as soon as they graduate. 

Correction....  American's don't want to do it for $3.00 an hour.  Ya see we actually have to pay taxes and pay into SSI.

There is a market for illegals cuz the lame assed idiots in D.C. won't enforce the damn immigration laws that are on the books.
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"The American people will never knowingly adopt socialism. But, under the name of 'liberalism,' they will adopt every fragment of the socialist program, until one day America will be a socialist nation, without knowing how it happened." --Norman Thomas, 1944
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