Several problems identified with job market with gap is largest in history

Squeezed by a tight job market, young Americans are especially struggling. They have suffered bigger income losses than other age groups and are less likely to be employed than at any time since World War II.

An analysis by the Pew Research Center, released Thursday, details the impact of the recent recession on the attitudes of a generation of mostly 20- and 30-somethings.

With government data showing record gaps in employment between young and old, a Pew survey found that 41 percent of Americans believe that younger adults have been hit harder than any other group, compared with 29 percent who say middle-aged Americans and 24 percent who point to seniors 65 and older. A wide majority of the public — at least 69 percent — also said it’s more difficult for today’s young adults than their parents’ generation to pay for college, find a job, buy a home or save for the future.

Among young adults ages 18 to 34, only a third rated their financial situation as “excellent” or “good,” compared with 54 percent for seniors age 65 and over. In 2004, before the recession began, about half of both young and older adults rated their own financial situation highly.

We do not find this statistic to be that far out of line. All things considered, those in the older adult category have had thirty or more years to plan and get ready for retirement. On the other hand those within the age demographic of 18 to 34 are indeed being hit unduly hard – which we feel could be as a result of America’s overwhelming notion of diversity with visa’s and those jobs that were once available only to America’s young and upcoming.

“Young workers are on the bottom of the ladder, and during a recession like we’ve had, it’s often hard for them to hold on,” said Kim Parker, associate director of Pew’s Social & Demographic Trends project. She noted that some have been heavily involved in the nationwide “Occupy” protests over economic disparity.

If we may – there are more clichés, quotes, and sayings that come with the territory so to speak. Among those of course are: “No body ever said it was going to be easy…I never promised you a Rose Garden…and on-and-on they go. Yet we do have the need for speaking up in the matter of looking out for one’s own.

We do not want to get into the average age of a wounded soldier who will have devastating disabilities for life. Suffice it to make mention that our American troops who are in the battlefield are definitely within the demographic of 18 to 34 years old. Now, if this is possible, what was waiting for those troops who returned from World War II?

 Either the Levitt brothers, and/or every conceivable business operation that could would hire a vet. No please…the picture wasn’t great for these veterans at all – however, they did have something or someone working with them such as a G.I. Loan (VHA) for assistance in housing as well as the G.I. Bill that would help a veteran look to improving himself.

“They are clearly less satisfied with their current circumstances than they were before the recession,” she said. “This may be where some of the anger and frustration being expressed in the Occupy movement is rooted.” As noted earlier there is a bite of a silver bullet or understanding something that may be unpleasant: the entire notion of economic equality is utopian thinking at its very best. Income, investments, stocks, bonds, mutual funds, and entrepreneurship are a suggestion at assisting those who do not understand economic disparity.

And finally, until our government stands-up to the rule of law that has become the “law of the land” and puts together a cogent immigration policy, as well as, doing away with protected classes of people, and stop giving out visas for nothing except for the prospective of diversity – nothing will change.

Why are we – as a nation – bringing in refugees, protected status individuals, and now…every Iraqi and Afghani at the expense of our own native citizenry?