Tag Archives: Job Market

Teens face worst summer job market in 41 years

From CNBC.

Excerpt:

Employment among 16-to 19-year olds in May grew by just 6,000, the smallest increase since 1969, when teen jobs fell by 14,000, according to government data analyzed by employment firm Challenger, Gray & Christmas. In May 2008 and 2009, teen employment grew by over 110,000.

[…]Jobs traditionally given to teens are apparently going to older workers who are willing to take low paying job to make ends meet. Employment among 20- to 24-year-olds grew by 270,000 in May, an unusual spike, considering that employment in the same age group fell by 261,000 in May 2009.

[…]”Also impacting the job market for young adults are the large number of older adults who are willing to accept even a temporary, seasonal position simply to generate some income,” said Steven Rothberg, chief executive officer of CollegeRecruiter.com, an online entry-level job-posting site.

“We’re seeing experienced candidates taking jobs normally reserved for college grads and college grads taking jobs normally reserved for college students,” said Rothberg.

And this table is at the bottom of the article:

Summer Employment Growth Among 16- to 19-Year-Olds

Year May June July Total Gained Change
2005 183,000 1,007,000 546,000 1,736,000 +9.0%
2006 230,000 1,033,000 471,000 1,734,000 -0.1%
2007 62,000 1,114,000 459,000 1,635,000 -5.7%
2008 116,000 683,000 355,000 1,154,000 -29.4%
2009 111,000 698,000 354,000 1,163,000 0.8%
2010 6,000 N/A N/A 6,000 N/A
Source: Challenger, Gray & Christmas

The Democrats took control of the House in January of 2007, and that means they controlled government spending from then on.

I find these job numbers interesting because the young people are so pro-Obama, but for superficial reasons. I wonder how they will reconcile their love of Obama’s socialism with their difficulties finding summer jobs from small businesses hurt by Obama’s health care mandates? Or won’t they understand why it’s happening at all?

I wonder if employers are concerned about the quality of education being provided to young people? Or perhaps they are not satisfied with the work ethic of young people who have been raised on self-esteem instead of on achievement and competition?

Should government spend so much money to push people into higher education?

Both fiscal conservatives and social conservatives agree: government spending on higher education should be cut.

Fiscal conservatives oppose government spending on higher education

Consider this podcast from the libertarian Cato Institute.

Here is the MP3 file. (7 minutes)

It’s an interview with Dr. Neal MCluskey.

Topics:

  • does higher education necessarily deliver skills that employers want?
  • do most degrees really benefit employers?
  • should government subsidize higher education?

About the guest:

Neal McCluskey is the associate director of Cato’s Center for Educational Freedom. Prior to arriving at Cato, McCluskey served in the U.S. Army, taught high school English, and was a freelance reporter covering municipal government and education in suburban New Jersey. More recently, he was a policy analyst at the Center for Education Reform. McCluskey is the author of the book Feds in the Classroom: How Big Government Corrupts, Cripples, and Compromises American Education, and his writings have appeared in such publications as the Wall Street Journal, Baltimore Sun, and Forbes. In addition to his written work, McCluskey has appeared on C-SPAN, CNN, the Fox News Channel, and numerous radio programs. McCluskey holds a master’s degree in political science from Rutgers University.

I think people should face the costs of the university education themselves. Then they would choose areas where they could make enough money to live and pay back their loans.

Social conservatives oppose government spending on higher education

My wonderful friend Andrew sent me this notice about an upcoming Family Research Council lecture.

Allan Carlson to Speak on Student Loans at Family Research Council

World Congress of Families founder and International Secretary Allan C. Carlson will deliver a Witherspoon Lecture at the Family Research Council on December 4 at 11:00 am, on “The Crushing Burden of Student Loans on Family Formation For Generation X.”

Studies have shown that significant numbers of graduates who are burdened with college loans are less likely to marry and have children – with negative consequences for society. Thus, there is a need to re-think the entire program.

[…]Allan Carlson has a Ph.D. in Modern European History. He is the author of many books, including “Conjugal America: On the Public Purposes of Marriage” and “The Natural Family: A Manifesto,” with Paul Mero. Click here to order his books.

Click here to download the flier.

Isn’t it amazing that fiscal conservatives agree with social conservatives? Actually, they should agree on many more things, in my opinion. It’s a bad idea for government to redistribute taxpayer money to schools, because the teacher unions just turn around and use it to influence politics, which cannot be good for giving children a quality education. Teacher unions are bad for fiscal and social conservatives – we really need to unite and make sure that they are de-funded, and de-fanged.

A funny story about libertarians

And I have to tell you a funny story. One of the quirky things about me that everyone knows is that I am able to get into the most deep and controversial conversations within a few seconds of meeting someone. For example, in the time it takes to get a blood test, I was talking to the nurse about lethal injections, capital punishment and different goals of the criminal justice system. Well, I managed to beat my score on Monday.

I was passing by a security guard to show him my badge and I noticed a book on his desk. As soon as he turned his back I leaned over the desk and read the back cover. It was a book by Lew Rockwell. So I asked him about it, and then we started talking about how libertarians ought to support social conservatism in order to keep government from having to deal with the fallout from broken homes and crime. I was just about to start talking about John Lott’s study on the link between abortion and increased crime, but there was a line-up by then, so I moved along.

So that’s what my life is like – the joy of a comprehensive Christian worldview means that you are never at a loss for something interesting to talk about. And there is a lot of reading people – knowing who you can talk to and when you’ve gone too far. Practice, practice, practice.