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Posts Tagged ‘Baby Boomer’

The next generation might have it worse than the last.  Not since the Great Depression has this occurred. How bad? Spain, for example, has 42% “youth-unemployment rate” (those aged 15-24):

THE global recession has hit young workers particularly hard. In the mostly rich countries of the OECD, the youth-unemployment rate (the unemployed as a proportion of the labour force aged 15-24) increased by the second quarter of 2010 to 19.6%; in nine countries more than one in four are now jobless.  (Source: The Economist online)

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