Millennial Jobs Report: Youth Unemployment at 16.1% in July
Highest sustained rates for young people since World War II
Evan Feinberg, President of Generation Opportunity, issued the following statement:
“Looks like another bad month for young people. Last week we learned from Gallup that only 43.6% of 18-29 year olds are employed full-time and now we have another Millennial Jobs Report showing roughly 1 in 6 18-29 year olds are out of work entirely.
“This jobs report shows that Obamacare and other ‘solutions’ coming from Washington are scaring off employers from hiring, and as a result my generation is getting stuck in a cycle of part-time, temporary jobs – not the meaningful careers for which they studied. It’s tragic to see a generation as talented and innovative as mine go to waste.
“Young people deserve better than to pick up the tab for the irresponsible policies coming out of Washington, and we deserve better than part-time work flipping burgers. Politicians need to acknowledge that their efforts to “help” are relegating us to second-class citizens.”
Generation Opportunity is a national, non-partisan organization advocating for economic opportunity for young people through less government and more freedom.
Follow us on Twitter: @GenOpportunity
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For Immediate Release
August 2, 2013