Wednesday, August 3, 2011

The American Nightmare

Welcome to the real world class of 2010- No one wants to hire you!

Unemployment rate for college grads is highest since 1970

No one needs you, 2010

"Over the next several weeks, hundreds of thousands of Millennials will graduate from institutions of higher learning. They will celebrate for several days, perhaps longer. Then they will enter a labor force that neither wants nor needs them.

They will enter an economy where roughly 17% of people aged 20 through 24 do not have a job, and where two million college graduates are unemployed. They will enter a world where they will compete tooth and nail for jobs as waitresses, pizza delivery men, file clerks, bouncers, trainee busboys, assistant baristas, interns at bodegas."

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