Having spent thousands of dollars to get an education, many grads are burdened with debt and mired in joblessness, raising fears they are becoming a lost generation.
Generation Jobless explores the crisis of overeducated youths being underemployed – scraping by in low-paid, part-time jobs that do not require a degree just to pay off their debt while struggling to find ‘real’ jobs.
Some call them “the lost generation,” but it is not only young people who will pay the price. If this generation is unable to forge a way into the economy, whose taxes will support the social safety net? If young people can’t afford to buy houses, will the real estate market come crashing down?
Youth unemployment and underemployment is a ticking time bomb with consequences for everyone.