Lost Decade -- Sad, Sad Commentary

Only 55 percent of young Americans have jobs. Truly a sad, sad commentary. Lots and lots of explanations, reasons, not all of them political or related to what is going on in Washington, DC.

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.

Maybe a long rambling post on this ("only 55 percent of young Americans have jobs") some day, but right now just posting it for my archives.

Nothing more, nothing less.