Sasha and Malia will be fine. The rest of them, however, not so much:
The brutal job market brought on by the recession has been hard on everyone, but especially devastating on the youngest members of the labor force.
About 60% of recent graduates have not been able to find a full-time job in their chosen profession, according to job placement firm Adecco.
And for those just entering the workplace, a bout of long-term unemployment can affect their career plans for years to come.
Wait a minute. What recession? We’ve been in recovery for almost two years. Thanks to Obama’s stimulus package and laser-like focus on jobs, we’re practically rolling in employment opportunities, aren’t we?
Meghan O’Halloran was one of those who had her career derailed by the timing of her graduation.
She left Cornell University with a degree in architecture and six summers of internships at top firms in New York, Milan and London.
“I thought getting a job would be a snap,” she said.
But after graduating in December 2008, just as job losses in the economy were reaching a high point, she was confronted with a very cold reception into the labor force.
She followed her boyfriend to China for a year, and found architecture work plentiful in the building boom there. But when she returned home at the end of 2009, not much had improved, and no one was hiring.
“I’ve applied for temporary work,” she said. “The answer is always the same, ‘We wish we could hire you.’”
She’s decided to leave behind her hopes for a career as an architect and has started her own business making custom fabric, carpets and furniture.
Wait another minute. Instead of working in a field overstaffed with like-trained people, she’s providing a service and a product people seem to want. Maybe the economy isn’t bad, people’s expectations are just warped. Stop thinking you are owed stuff, and go out and make a living. If Obama has taught this generation that lesson, he has done his country a great service.
Brittney Winters, 23, graduated from Princeton University in 2009 and can’t find a teaching job, despite graduating from a top school.
“When you go to an Ivy League school, you figure this degree will mean something — that it will guarantee you a job,” she said.
Winters has taken on other “survival” jobs to get by, including working at a video rental store.
She now works for a public relations firm in Chicago. But the job is a long commute from her parents’ home, and she’s struggling to fill the gas tank each week.
Who goes to Princeton to teach 2nd grade? She’s probably making a better contribution to society as a PR flak. The jobs marketplace thinks so. But I do salute her for taking “survival jobs” rather than going on welfare (assuming she didn’t). The last thing this country needs is Ivy League welfare cases.
These two young woman are not alone, God knows:
Last year, the unemployment rate for college graduates age 24 and younger rose to 9.4%, the highest since the Labor Department began keeping records in 1985.
One reason is because recent hires with limited experience have the toughest time competing in a job market flooded with experienced candidates.
“We know that young people coming out of college have the least experience,” said Kathy Kane, senior vice president of talent management at Adecco. “And these entry-level jobs can be the easiest for companies to reduce.”
Adecco also found that 18% of recent grads have been forced to turn to full-time jobs outside their field of study, often jobs for which a college degree is not required.
Many others are underemployed, or working part-time or temporary jobs and internships.
And the lack of steady income can also delay the start of their lives as independent adults. About a third of recent graduates are still living with their parents, Adecco found, with 17% saying they are financially dependant on their parents. Almost one in four say they are in debt.
So it could also said Obama is keeping families together.
Sorry, Obamasnots, he isn’t doing for you as you did for him. It was all a con, just like college. But becasue you went to college, and because you are indoctrinated in conventional Marxist dogma, you are likely to vote for him again, so likely to endure another several years of underemployment (at best). Get used to it.
But who am I to talk? My first presidential vote was for Jimmy Carter. (So was my second, oy vey!)