Huffpost Business

Recession Creating A Lost Generation; Young People Can't Find Jobs

Posted: Updated:

Bright, eager -- and unwanted. While unemployment is ravaging just about every part of the global workforce, the most enduring harm is being done to young people who can't grab onto the first rung of the career ladder.

Affected are a range of young people, from high school dropouts to college grads to newly minted lawyers and MBAs across the developed world from Britain to Japan. One indication: In the U.S., the unemployment rate for 16- to 24-year-olds has climbed to more than 18 percent, from 13 percent a year ago.

Read the whole story at BusinesWeek

Around the Web

U.S. Department of Labor - Find It By Topic - Unemployment ...

Top Economist Says Unemployment Could Peak at 10.5 Percent

Senate Vote to Extend Unemployment Benefits Possible Next Week

White House Faces Pressure on Jobs

UK's youth unemployment to cross 1-mn mark this week: Report

Greenspan Foresees a Rise in Unemployment