The Youth Unemployment Bomb
February 4th, 2011Via: Business Week:
In Tunisia, the young people who helped bring down a dictator are called hittistes—French-Arabic slang for those who lean against the wall. Their counterparts in Egypt, who on Feb. 1 forced President Hosni Mubarak to say he won’t seek reelection, are the shabab atileen, unemployed youths. The hittistes and shabab have brothers and sisters across the globe. In Britain, they are NEETs—”not in education, employment, or training.” In Japan, they are freeters: an amalgam of the English word freelance and the German word Arbeiter, or worker. Spaniards call them mileuristas, meaning they earn no more than 1,000 euros a month. In the U.S., they’re “boomerang” kids who move back home after college because they can’t find work. Even fast-growing China, where labor shortages are more common than surpluses, has its “ant tribe”—recent college graduates who crowd together in cheap flats on the fringes of big cities because they can’t find well-paying work.
In each of these nations, an economy that can’t generate enough jobs to absorb its young people has created a lost generation of the disaffected, unemployed, or underemployed—including growing numbers of recent college graduates for whom the post-crash economy has little to offer.
This “lost generation” is what existed before WWI. A highly educated segment of population in mostly the U.K. that what, had been trained as Oxford scholars?
Yeah. Trying getting a paid job on that education back then.
And so when the war siren sounded all those young educated men were like lemmings in the sea.
I see it all around the world, the same pattern repeating.
If you are educated, unemployed man, do you have to go to war because you feel that your life as it has been lived is no longer important>
Those types of thoughts are bullshit and the mind/emotional fodder that has fed countless wars.
Don’t accept this my young friends, Romans, countryman.
Stay alive. We need you. You are “highly educated persons” for a reason. I for one don’t know what your karma is, but don’t, please for one minute accept that your aren’t the warriors we are desparately going to need in times to come.