Tag Archives: Young Adults

Unemployed college graduates resort to unpaid internships

From the liberal New York Times, a story about how Obama’s young supporters are being forced into unpaid labor because there are no jobs.

Excerpt:

Although many internships provide valuable experience, some unpaid interns complain that they do menial work and learn little, raising questions about whether these positions violate federal rules governing such programs.

Yet interns say they often have no good alternatives. As Friday’s jobs report showed, job growth is weak, and the unemployment rate for 20- to 24-year-olds was 13.2 percent in April.

The Labor Department says that if employers do not want to pay their interns, the internships must resemble vocational education, the interns must work under close supervision, their work cannot be used as a substitute for regular employees and their work cannot be of immediate benefit to the employer.

But in practice, there is little to stop employers from exploiting interns. The Labor Department rarely cracks down on offenders, saying that it has limited resources and that unpaid interns are loath to file complaints for fear of jeopardizing any future job search.

No one keeps statistics on the number of college graduates taking unpaid internships, but there is widespread agreement that the number has significantly increased, not least because the jobless rate for college graduates age 24 and under has risen to 9.4 percent, the highest level since the government began keeping records in 1985. (Employment experts estimate that undergraduates work in more than one million internships a year, with Intern Bridge, a research firm, finding almost half unpaid.)

“A few years ago you hardly heard about college graduates taking unpaid internships,” said Ross Eisenbrey, a vice president at the Economic Policy Institute who has done several studies on interns. “But now I’ve even heard of people taking unpaid internships after graduating from Ivy League schools.”

Youth unemployment in America is about 20% for teens and college graduates. It’s the capitalists who provide those jobs – the same capitalists who the young have been taught to hate. The same capitalists now shifting their capital abroad because of Obama’s anti-business taxes, regulations, inflation and cronyism – which the young support. It’s anti-business socialism that causes outsourcing – if you tax and regulate and insult businesses here, they just shift their production somewhere else.

Recall what happened in 2008:

Strong support from young and minority voters propelled Barack Obama on the road to the White House, exit polls showed Tuesday.

Voters in the 18 to 24 age group broke 68 percent for Obama to 30 percent for John McCain, according to the exit polling. Those in the 25 to 29 age bracket went 69 percent to 29 percent in Obama’s favor.

The only age group where McCain prevailed was 65 and over, and that by just a 10-percentage-point margin, 54 percent to 44 percent, the exit polls showed.

Since the election, Obama has been piling up 5 trillion of debt for these poor ignorant fools to pay off. They will be working until they are in their 90s to pay off the retirement benefits and health care of their parents, but when it’s their turn to get Social Security and Medicare, the money will have run out. That’s what Obama offers young people. And surprisingly, they take it. What else can they do? All they know about the world are the slogans that their secular leftist teachers have taught them in school. America is evil. Tax the rich. Stop global warming. Chastity and marriage are sexist. These teachers are the ones who are relying on their little slaves to make them rich – not the corporations. The slaves rally believe in slavery, and they want to be slaves. They want to save the planet by voting for bigger government benefits for their unionized teachers.

Sean McDowell is interviewed by atheist Luke Muehlhauser

Sean McDowell is interviewed by Common Sense Atheism. (H/T Conversant Life)

The MP3 file is here.

Topics:

  • Sean’s testimony (he is the son of Christian apologist Josh McDowell)
  • Sean’s debate with James Corbett on the grounding of morality
  • The role of public debates in Christian evangelism
  • Sean’s new book on the emergent church and the emerging generation
  • Can apologists on both sides really be honest about pursuing truth?
  • Are apologists on both sides good at encountering ideas on the other side?
  • Do doctrines like Heaven and Hell corrupt the honest pursuit of truth?
  • Why doesn’t Josh defend “Evidence that Demands a Verdict” from critics?
  • What should we make of weird moral rules in the Old Testament today?

Sean’s amazing debate:

This is a MUST-LISTEN. You will love this debate or your money back. And you can even watch the debate here.

Thomas Sowell urges us to reflect on economic trade-offs and incentives

Thomas Sowell

Article here on Creators.

Excerpt:

With all the laments in the media about skyrocketing unemployment among young people, and especially minority young people, few media pundits even try to connect the dots to explain why unemployment hits some groups much harder than others.

Yet unusually high unemployment rates among young people is not something new or even something peculiar to the United States. Even before the current worldwide recession, unemployment rates were 20 percent or more among workers under 25 years of age in a number of Western European countries.

The young have less experience to offer and are therefore less in demand. Before politicians stepped in, that just meant that younger workers were paid less. But this is not a permanent situation because youth itself is not permanent, and pay rises with experience.

Enter politicians. By mandating a minimum wage that sounds reasonable for most workers, they put a price on inexperienced and unskilled labor that often exceeds what it is worth.

Mandated pay rates, like mandated insurance coverage, impose on buyers and sellers alike things that they would not choose to do otherwise.

Workers of course prefer higher wage rates. But the very fact that the government has to impose those wage rates means that workers were unwilling to risk not having a job by refusing to work for less than the wage rate that has been mandated. Now that choice has been taken out of their hands, with the hidden cost in this case being higher unemployment rates.

The law of unintended consequences – hurting the very people they intended to help, because of their economic ignorance. They priced the youngest and most vulnerable workers out of a job, by mandating a minimum wage that no employer will pay to an inexperienced worker. During a recession, you LOWER minimum wage in order to make sure that those most in need can find a job rather than depend on the government.

When people have jobs, they have confidence to spend more money. Making sure that no policy harms job creation is a primary responsibility of government. Jobs, jobs, jobs. No one (especially Christians) should be dependent on the government for money – because the one who pays the piper calls the tune. And no Christian should dance to the tune of a secular leftist government.

If you are a Christian, but not yet a solid small-government fiscal conservative, then read the WHOLE thing. Christians need to understand that the free market is the best guarantor of our freedom of conscience.

Thomas Sowell is my favorite living economist. Walter Williams is number 2. If you click this link, you can read something from Walter Williams about the economic problems that are created by forcing insurance companies to cover people with pre-existing conditions.

Related posts