Google


June Young Adult Unemployment at 12.8 Percent, Signaling More Delayed Dreams and Stalled Careers for Millennials

July 9, 2012 | Filed Under Barack Obama, Business, Capitalism, Democrats/Leftists, Economy/Finances, Elections, Ethics, Government, Jobs, Liberals, President, Taxes, Warner Todd Huston | Comments Off

-By Generation Opportunity

Generation Opportunity encourages young Americans to call White House and demand an end to policies that stifle job creation, hiring, and opportunity

Washington, DC – (7/9/12) – Generation Opportunity, one of the largest grassroots organizations connecting with young Americans through advanced social media outreach and traditional, boots-on-the-ground organizing, is releasing today the non-seasonally adjusted (NSA) 18-29 unemployment rate data for June:

  • The youth unemployment rate for 18-29 year olds specifically (NSA) for June 2012 is 12.8 percent.
  • The declining labor participation rate has created an additional 1.735 million young adults that are not counted as “unemployed” by BLS because they are not in the labor force, meaning that those young people have given up looking for work due to the lack of jobs.
  • If the labor force participation rate were factored into the overall 18-29 youth unemployment calculation, the actual 18-29-unemployment rate would rise to 16.8 percent (NSA).

Generation Opportunity President Paul T. Conway, former Chief of Staff for the United States Department of Labor and the United States Office of Personnel Management (OPM), responds to the June 2012 jobs numbers:

“For young Americans, through no fault of their own, their story is one of few opportunities, delayed dreams, and stalled careers. Today’s unemployment numbers tell the story of millions of young Americans who are paying the price for the failed policies coming out of Washington that have inhibited economic opportunity and job creation.

“Despite the challenges they face, this generation is not asking what their country can do for them. Instead, they stand ready to do more for their country, to continue their service beyond the contributions they have already made as brave defenders of freedom across the globe, as selfless rebuilders of disaster-torn communities here at home, and as confident advocates for greater opportunity for all Americans.

“While leaders in Washington travel to communities to make campaign promises and seek to place blame for the results of their failed policies, young Americans are looking for more than rhetoric.

“In 2012, their message to candidates is clear – we want to build our careers, get on with our lives, and fulfill our dreams. If the only solutions you offer mean fewer jobs and more debt for the country, the stakes are too high to risk our vote on a bad bet.”

Generation Opportunity is encouraging its Facebook fans, as well as its thousands of grassroots supporters across the nation, to call the White House today at (202) 456-1414 and demand that the policies of the last three and a half years, which have stifled job creation, be reversed in favor of policies that free up Americans to create jobs, to hire, and to restore the American tradition of access to opportunity for all.

To see our Facebook call to action, go to: Generación Oportunidad

Comments

comments

Tags: , , , ,


Fair Use: This site may contain copyrighted material the use of which has not always been specifically authorized by the copyright owner. I am making such material available in my efforts to advance understanding of political, human rights, economic, democracy, and social justice issues, etc. I believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research, educational, or satirical purposes. If you wish to use copyrighted material from this site/blog for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

You must be registered and logged in to post a comment. Anyone can register. No registrant's information is kept, used, or sold. CLICK HERE TO REGISTER

Social Networking


Help the Soldiers!



American Genius

Our Founding Ideas

"Governments are instituted among men,deriving their just powers from the consent of the governed." Declaration of Independence July 4, 1776





Enter your Email


Preview
Powered by FeedBlitz

Subscribe in a reader




Recently Written

  • That’s Christmas To Me – By Pentatonix
  • Why Inner City Blacks See Racism Everywhere and Think We Are Still in Slave Days and Whites Don’t
  • Where is Hillary on Obama’s Abuse of Power? The Five Times She Said Presidents Need Limits
  • To Aid Obama, Old Media Establishment Took a Pass on Gruber Videos
  • Another Government Making it Harder for Citizens to Get Public Records
  • President Obama Says Christians More Responsible for Beheadings Than Muslims
  • Jim Webb: The Democrat Who Could Beat Hillary From The Right
  • Jezebel Employees Charge Racism After White Outsider Picked as New Editor Over African American Insider
  • Ill. Sen. Dave Syverson is an Example of Why the Ill. GOP is a Miserable Failure
  • HARASSMENT EXCLUSIVE: Ten Hours With Princess Leia Walking in NYC


  • What THEY Say:
    Foreign News In English




    Click HERE for information
    on my fedora collection.
    Antique Stetsons, hat history...



























    Contact Us

    Email Publius' Forum

    Archives

  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • November 2010
  • October 2010
  • September 2010
  • August 2010
  • July 2010
  • June 2010
  • May 2010
  • April 2010
  • March 2010
  • February 2010
  • January 2010
  • December 2009
  • November 2009
  • October 2009
  • September 2009
  • August 2009
  • July 2009
  • June 2009
  • May 2009
  • April 2009
  • March 2009
  • February 2009
  • January 2009
  • December 2008
  • November 2008
  • October 2008
  • September 2008
  • August 2008
  • July 2008
  • June 2008
  • May 2008
  • April 2008
  • March 2008
  • February 2008
  • January 2008
  • December 2007
  • November 2007
  • October 2007
  • September 2007
  • August 2007
  • July 2007
  • June 2007
  • May 2007
  • April 2007
  • March 2007
  • February 2007
  • January 2007
  • December 2006
  • January 2006
  • December 2005
  • November 2005
  • October 2005
  • September 2005
  • August 2005
  • July 2005
  • June 2005
  • May 2005
  • April 2005
  • March 2005
  • February 2005
  • January 2005



  • Add to Technorati Favorites


    Clicky Web Analytics