Posted on

BROKEN DREAM: EMOTIONAL AD HITS DEMOCRATS FOR YOUTH UNEMPLOYMENT

millenial-unemployment-ad

BROKEN DREAM: EMOTIONAL AD HITS DEMOCRATS FOR YOUTH UNEMPLOYMENT

A dramatic new political advertisement underscoring the plight of unemployed Millennial voters is taking aim at vulnerable Democratic senators who aligned themselves with President Barack Obama’s economic policies.

The ad, sponsored by Americans for Prosperity, takes a striking new approach to economic messaging, one that replaces the usual blizzard of statistics and jargon with the forlorn faces and emotional angst younger voters—and, by extension, their parents—are experiencing in today’s hostile jobs market.

https://www.breitbart.com/Big-Government/2014/10/08/BROKEN-DREAM-Emotional-Ad-Hits-Democrats-for-Youth-Unemployment

Posted on

Youth Unemployment at 15% in August

4648589201_b72312b193bbbbbb11
Youth Unemployment at 15% in August

Washington, DC – (9/5/14) – Generation Opportunity, a national, non-partisan youth advocacy organization, is announcing its Millennial Jobs Report for August 2014. The data is non-seasonally adjusted (NSA) and is specific to 18-29 year olds:

The effective (U-6) unemployment rate for 18-29 year olds, which adjusts for labor force participation by including those who have given up looking for work, is 15 percent (NSA). The (U-3) unemployment rate for 18-29 year olds is 10.1 percent (NSA).

The declining labor force participation rate has created an additional 1.946 million young adults that are not counted as “unemployed” by the U.S. Department of Labor 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.

The effective (U-6) unemployment rate for 18-29 year old African-Americans is 22.4 percent (NSA); the (U-3) unemployment rate is 19.6 percent (NSA).

The effective (U-6) unemployment rate for 18-29 year old Hispanics is 15.8 percent (NSA); the (U-3) unemployment rate is 10.6 percent (NSA).

The effective (U-6) unemployment rate for 18-29 year old women is 12.8 percent (NSA); the (U-3) unemployment rate is 9.9 percent (NSA).

Patrice Lee, Director of Outreach at Generation Opportunity, issued the following statement:

“15% of young people are still out of work and it’s no secret why- government is too big, spending levels are too high, and opportunities for us are limited.

“As we continue to work hard to create opportunities, politicians in Washington continue to impose policies that harm us.

“More than ever, we need to work to elect officials that will fight for the interests of my generation and not continue the policies of generational theft that have prevailed under the current administration.”

Microsoft Store

Posted on

Youth Unemployment at 15.5% in April

4648589201_b72312b193bbbbbb3

Youth Unemployment at 15.5% in April

Washington, DC – (5/2/14) – Generation Opportunity, a national, non-partisan youth advocacy organization, is announcing its Millennial Jobs Report for April 2014. The data is non-seasonally adjusted (NSA) and is specific to 18-29 year olds:

The effective (U-6) unemployment rate for 18-29 year olds, which adjusts for labor force participation by including those who have given up looking for work, is 15.5 percent (NSA). The (U-3) unemployment rate for 18-29 year olds is 9.1 percent (NSA).

The declining labor force participation rate has created an additional 1.932 million young adults that are not counted as “unemployed” by the U.S. Department of Labor 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.

The effective (U-6) unemployment rate for 18-29 year old African-Americansis 23.3 percent (NSA); the (U-3) unemployment rate is 16.6 percent (NSA).

The effective (U-6) unemployment rate for 18-29 year old Hispanics is 16.1 percent (NSA); the (U-3) unemployment rate is 9.5 percent (NSA).

The effective (U-6) unemployment rate for 18-29 year old women is 13.1 percent (NSA); the (U-3) unemployment rate is 8.3 percent (NSA).

Patrice Lee, Director of Outreach at Generation Opportunity, issued the following statement:

“False promises mean very little when we are faced with unemployment numbers in the double digits and crippling student debt. We don’t want slogans, we want jobs.”

“Only 37 percent of young people approve of the president’s handling of the economy. Thirty-one percent approve of his handling of the federal budget deficit. We recognize that our unsustainable deficits and skyrocketing national debt hurt our ability to grow the economy and create opportunity.”

On Tuesday, Harvard’s Institute of Politics released a new poll of 18-29 year olds:

Just 47% of 18-29 year olds approve of President Obama’s job performance, the lowest approval rating recorded during his entire presidency
Only 39% approve of the president’s job performance on healthcare
More than twice as many young people believe that, generally speaking, the nation is on the wrong track rather than the right direction
Self-identified conservatives are 10 points more likely to vote in the 2014 midterm elections than self-identified liberals

Generation Opportunity is also issuing a revision for March’s Millennial Jobs Report. The overall U-3 unemployment rate for 18-29 year olds for March 2014 was 10.9%, two points higher than previously reported.

Generation Opportunity is a national, non-partisan organization advocating for economic opportunity for young people through less government and more freedom.

Posted on

15.8% of Young People Still Out of Work in January

help_wanted_theridgewoodblog.net_

15.8% of Young People Still Out of Work in January

Washington, DC – (2/7/14) – Generation Opportunity, a national, non-partisan youth advocacy organization, is announcing its Millennial Jobs Report for January 2014. The data is non-seasonally adjusted (NSA) and is specific to 18-29 year olds:

The effective (U-6) unemployment rate for 18-29 year olds, which adjusts for labor force participation by including those who have given up looking for work, is 15.8 percent (NSA). The (U-3) unemployment rate for 18-29 year olds is 11.3 percent (NSA).

The declining labor force participation rate has created an additional 1.922 million young adults that are not counted as “unemployed” by the U.S. Department of Labor 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.

The effective (U-6) unemployment rate for 18-29 year old African-Americans is 23.9 percent (NSA); the (U-3) unemployment rate is 20.1 percent (NSA).

The effective (U-6) unemployment rate for 18-29 year old Hispanics is 16.7 percent (NSA); the (U-3) unemployment rate is 12.2 percent (NSA).

The effective (U-6) unemployment rate for 18-29 year old women is 13.5 percent (NSA); the (U-3) unemployment rate is 9.9 percent (NSA).

Evan Feinberg, President of Generation Opportunity, issued the following statement:

“Young Americans can thank Obamacare for such a bleak jobs picture. The Congressional Budget Office wasn’t lying when it reported Obamacare will reduce the American workforce by an additional 2 million jobs over the next three years.

“15.8% of us are still out of work and we have almost nothing to show for it – fewer people have health insurance now than in 2009.”