Young people face uphill battle for jobs, education
Caroline MacGregor July 11, 2013 | WGVU This week,
the Senate considered legislation to retroactively extend the lower interest
rate for another year. However, a bill introduced by Senator Debbie Stabenow, The Keep Student Loans Affordable Act of 2013, failed on a procedural vote.
Terence Grado is
Director of National and State Policy at Generation Opportunity, a national,
non-partisan organization which advocates for Millennials ages 18-29. He
says young people continue to battle to find good jobs. He says a recent jobs
report show some good news but says full time jobs remain in
“Overall, we lost 240 thousand full time jobs but added 435 thousand part time jobs for an overall gain of 195 thousand. However, we're losing a lot more full time jobs, which is really what young people, in general, are looking for.”
He says along
with huge debt that often accompanies the completion of a degree, young people
face increasing challenges.
"It's difficult out there and it complicates it when you are going into a labor market where there just so few jobs and so many young people are working multiple jobs just to get by.”
unemployment stands at 16.1 percent, the overall unemployment rate remains at
7.6 percent unemployment. Here in West Michigan in Allegan, Kent and Ottawa
counties, the rate remains lower than the national average.
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