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Generation
   Jobless
Why young American people suffer the
  most when the economy staggers
Content
•   Current situation
•   Consequences
•   Times are changing
•   Next generation
•   My conclusion
Current situation
•   The USA in recession
•   Only high school degree
•   Age 20-24 (10,4→22,4% unemployed)
•   Age 25-34 (6,1 →14,4% unemployed)
•   Minimum wages
•   Less full-times
Effect on young people
•   No secure income
•   Debts
•   Depressed
•   Future?
•   Living back with their parents
•   Alcohol, drugs, criminality and games
Times are changing
• 1945 till 2006:
   o No diplome, no problem
      • blue collar worker, good salary

• Now
   o No diplome, problem
      • Maybe job, certainly no good salary

• Change came too fast
Next generation
• Not well-connected to the labour market
• Don’t have much community feeling
• More selfish generation
My conclusion
•   Having a degree is very important
•   Social support in Belgium
•   More government support for unemployed persons
•   Protecting themselves
Thank you for watching my
        slidecast
I hope you’ve got the message why young people should
     be more pretected when the economy staggers
Source
• www.wsj.com
• The jobles generation series

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Generation jobless

  • 1. Generation Jobless Why young American people suffer the most when the economy staggers
  • 2. Content • Current situation • Consequences • Times are changing • Next generation • My conclusion
  • 3. Current situation • The USA in recession • Only high school degree • Age 20-24 (10,4→22,4% unemployed) • Age 25-34 (6,1 →14,4% unemployed) • Minimum wages • Less full-times
  • 4. Effect on young people • No secure income • Debts • Depressed • Future? • Living back with their parents • Alcohol, drugs, criminality and games
  • 5. Times are changing • 1945 till 2006: o No diplome, no problem • blue collar worker, good salary • Now o No diplome, problem • Maybe job, certainly no good salary • Change came too fast
  • 6. Next generation • Not well-connected to the labour market • Don’t have much community feeling • More selfish generation
  • 7. My conclusion • Having a degree is very important • Social support in Belgium • More government support for unemployed persons • Protecting themselves
  • 8. Thank you for watching my slidecast I hope you’ve got the message why young people should be more pretected when the economy staggers
  • 9. Source • www.wsj.com • The jobles generation series