Saturday, September 25, 2010

The Young Jobless Government Problem

Youngsters suffer from unemployment to a far greater degree than the rest of the population. Government bumbling makes it worse for them.

The main problem aside from educational shortcomings? Left-leaning politicians raise minimum wages, in federal government and the ten states where minimum wage levels are higher than federal.

Teen unemployment approaches 30%, the worst since World War II, compared to 24% in July of 2009. Black male unemployment is about 50%, up from about 39% in July, 2009.

Union pressures. through the White House and Congress, add to the burden of minimum wages. That is also a significant factor in adding to teen joblessness. Low-rung workers are not directly affected, or even unionized, but union contract wages get adjusted upwards with higher minimum wages.

The cycle of unemployment among youth will continue as politicians seek favor from unknowing voters.

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