Maybe it’s that they don’t want to grow up. From Yahoo!’s homepage today:
The real story though is that although they helped elect the incumbent, delivering two-thirds of their votes to Barack Obama, they’re the group suffering the most from his economic polices. Although that Democrat saw his American Recovery and Reinvestment Act sail through a Democratic Congress in 2009, that supposedly stimulative legislation has failed to generate the jobs he promised.
Unemployment among young adults is at its highest point since World War II, new data show. And it’s having a disconcerting impact on the trajectory of their careers and lives.
“We have a monster jobs problem, and young people are the biggest losers,” Andrew Sum, an economist with the Center for Labor Market Studies at Northeastern University told the Associated Press.
Just 55.3 percent of people between 16 and 29 were employed in 2010 on average, the according to new figures released by the Census Bureau. That represents an enormous drop from 67.3 percent in 2000. Among teens the figure was less than 30 percent.