Thursday, November 08, 2012

Social-Economic Trends: Anarchy


Euro-zone youth unemployment overall has risen to 23.3%; with Greek youth unemployment at 58% and Spain at 54.2%.  Folks, this is a chart that portends to "anarchy" in Europe.  And, yes, it can and will happen in the United States.

In regard to the United States, the unemployment rate for workers under the age of 25, according to the Economic Policy Institute, is 16.4%! What about the unemployment rate for high school graduates in the United States?  Answer: 31.1%! What about unemployment rates for high school graduates by race/ethnicity?  Answer: Blacks (49.1%), Hispanics (33.8%), and Whites (25.6%). 

Once again, you have been forewarned!

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