Tag Archives: Youth Unemployment

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.

Should young people vote for Barack Obama and Obamacare?

The real inequality: young America and old America
The real inequality: young America and old America

From Donald Sensing at Sense of Events blog.

Excerpt:

Shikha Dalmia, responds to Slate’s Dahlia Lithwick, who was so, “Shell shocked by the shellacking that the Solicitor General Donald Verrilli received at the hearing Tuesday, [that] she went into a deep sulk and threw the intellectual equivalent of a hissy fit.” Shikha observes:

In our current health care system, a mix of taxpayers; (rich) hospitals/providers and (even richer) private insurers are stuck with the tab for uncompensated care. There are many problems with this. But isn’t it at least more compassionate than ObamaCare that would force asset-poor young people – trying to pay off their college debt and hang on to some beer money – to subsidize the coverage of relatively wealthier prospective geezers? If maximizing compassion is the issue, shouldn’t we stick with what we’ve got?

In other words, under Obamacare the young overpay for health insurance in order to subsidize the old, whose medical costs are magnitudes higher than those of the young. That is a key feature of the “individual mandate” that makes it mandatory to buy health insurance under Obamacare. I remember reading during the SCOTUS hearings that men and women younger than 30 (or so) average using about $1,800 of health insurance per year, but will have to pay $5,400.

It’s very important to understand that when government gets involved with spending money on handing out goodies, that it is tempting for them to buy the votes of those who are politically informed with the money taken from those who don’t know a thing about real life.

Now consider these numbers from socialist Europe – where Obama’s plan is a little further along.

Excerpt:

Youth unemployment now exceeds 50pc in both Spain and Greece as the number of people out of work in the eurozone as a whole hit a 15-year high of 17.2m.

The unemployment rate among Spain’s under-25s rose to 50.5pc in January, and to 50.4pc in Greece in December, according to the latest available data from Eurostat, the European Union’s statistics office. It compared with an average eurozone youth unemployment rate of 21.6pc. One of the lowest rates of youth unemployment is in Germany, where it remained at 8.2pc in February.

The rise in Spain and Greece reflects the deep financial woes of both countries, which are in the midst of far-reaching and highly unpopular austerity programmes, considered necessary by the broader EU to reduce huge deficits.

Spain’s unemployment rate now stands at 23.6pc, compared with a eurozone average of 10.8pc. The extent of Spain’s problems are further underlined by a housing market in crisis, with prices expected to fall the most on record this year. One-in-four homeowners in the country owes more than their property is worth.

I find it so sad that kids are brainwashed by unionized public school teachers to support nonsense like global warming, while despising free market capitalism. And then they go out and vote for more and more government, so that their “teachers” can be paid more and more. They will never fix their worldviews until they get out into the real world, and by then it they will have voted in many elections.

Spanish conservatives defeat socialists in regional and local elections

Political Map of Europe
Political Map of Europe

From the Atlanta Journal-Constitution. (H/T Bret Baier)

Excerpt:

Spain’s ruling Socialists suffered a crushing defeat to conservatives in local and regional elections Sunday, yielding power even in traditional strongholds against a backdrop of staggering unemployment and unprecedented sit-ins by Spaniards furious with what they see as politicians who don’t care about their plight.Prime Minister Jose Luis Rodriguez Zapatero said the result was due punishment of his government for the state of the economy — the jobless rate is a eurozone high of 21.3 percent. But he said he had no plans to move up general elections, which must be held by March of next year, and pledged to press on with job-creating reforms despite the loud outcry of opposition to his party.

The win for the conservative opposition Popular Party puts it in even a stronger position to win the general elections and return to power after eight years of Socialist rule.

In what Spanish media said was the worst performance on record by the Socialist Party in local and regional elections, the numbers reflecting the loss were stunning: the conservative Popular Party won at the municipal level by about two million votes, compared to 150,000 in its win in 2007, and in 13 regional governments that were up for grabs, Zapatero’s party lost in virtually all of them.

One was Castilla-La Mancha in central Spain, where the Socialists have always held power. The Socialists also lost bastions like the town halls in Barcelona and Seville. The conservatives padded their majorities in Madrid and Valencia, in the latter even though the president is under investigation for corruption. Several other Socialist-controlled regional governments also fell. Spain’s electoral map turned largely blue — the color of the Popular Party.

I can see why Zapatero would want to avoid calling federal elections. Spain’s youth unemployment stands at 45% and he is very likely to be thrown out of power completely. I’m sure a lot of the young people voted for socialism, because socialism is so trendy in movies, music, in the universities, and on television . But the young people are finding out now that you cannot cover your nakedness with empty rhetoric, you cannot feed your stomach with feelings of self-congratulation, and you cannot coerce employers to hire you by demonizing capitalism.