Economic Conditions of Today’s Youth Brand Them a “Lost Generation.” Years after the recession officially ended, many young high school graduates are not engaged in work or school, which will result in significantly lower lifetime earnings.
Sources: Economic Policy Institute, “The Class of 2013: Young Graduates Still Face Dim Job Prospects,” Chart F; and Wall Street Journal, Wanted: Jobs for the New ‘Lost’ Generation (September 14, 2013)
As introduced on June 17, 2014, Ways and Means Chairman Camp is listing 40 reasons for the Senate to pass the 40 jobs bills the House has already approved. The reasons define the distress Americans continue to feel in the “new normal” of high unemployment and weak job creation resulting from Obama Administration economic policies.
View the prior reasons here.