Really bad news. Young adult unemployment in the United States is 46%:
unemployment among Europe’s young adults has exploded as a result of the European financial crisis, and peaking anywhere between 46% in the case of Greece all they way to 51% for Spain. Which makes us wonder what the reaction will be to the discovery that when it comes to young adults (18-24) in the US, the employment rate is just barely above half, or 54%, which just happens to be the lowest in 64 years, and 7% worse than [it was in 2008.]
Why are we worried about Europe’s economic troubles – ours are just as bad.