Although Barack Obama saw his support among twentysomethings decline from 2008 to 2012, he still won a solid majority of those voters.
Their support seems based more on a blind faith in the incumbent than in an appreciation for his accomplishments. “The overall unemployment rate for 18-29 year olds for November 2012 is 10.9 percent“, with one out of every eight young Hispanics out of work and nearly one in five young African-Americans out of work.
The study linked above showed that the unemployment rate for twentysomwethings “would rise to 16.4 percent” if nearly two million young voters hadn’t dropped out of the workforce:
The declining labor force participation rate has created an additional 1.7 million young adults that are not counted as “unemployed” by the U.S. Department of Labor because they are not in the labor force, meaning that those young people have given up looking for work due to the lack of jobs.
That the Democrat’s support slipped among young voters suggests that at least some have woken up to the reality of Hope and Change™.