Ed at ginandtacos walks through the horror of trend stories about happy, young, unpaid interns on-the-go in Interns Built the Pyramids. Anyone who works with young people is aware of the lack of jobs and opportunities, from the most disadvantaged through those who leave college with fresh skills. The lucky end up in non-paying internships, a nice little inequality generating machine for the 21st century.
A 10% drop in the amount of young people working as a result of this recession. That’s 10% more people detached from the labor market and with decades of lost wages. That’s 10% more people with fewer opportunities to develop their capabilities and build the American economy over the 21st century. And that is a generational crisis unless we get a serious attempt to fix this economy and put people to work.