America's lost generation(full story at netrightdaily.com)
Since Jan. 2009, the labor force participation rate of college graduates has dropped significantly — from 77.6 percent to 75.5 percent today. That may not seem like much, but it represents more than 1.34 million graduates who should have entered the labor force upon graduation, but did not.
Add to that another 1.96 million youths with some college or an associate’s degree who should have entered the labor force but have not, and suddenly in just three-and-a-half years, 3.3 million Americans have left college and already given up on looking for work it’s so bad out there.
That is a rate of 75,340 a month joining America’s lost generation, or 904,000 a year.