The document summarizes the impact of recession on young unemployed Americans. It notes high unemployment rates among those aged 20-24 and 25-34 with only high school degrees. The recession has led to a lack of secure income, debt, depression, and many young people living with their parents. Additionally, it discusses how in the past a high school degree was sufficient for blue-collar work but now higher education is important to find stable employment. The conclusion calls for more government support for unemployed people and better social support systems to help protect young generations during economic downturns.

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