Youth Unemployment Reaches 52.2%

Smooth move, Mr. President. 52.2% unemployment for our youth. Rather ironic that these are your greatest fans.

Nothing like shooting yourself in the foot, which is what America's youth did when they voted overwhelmingly for the "hope and change" candidate.

Read the details at Gateway Pundit:

Thanks Barack... Youth Unemployment Rate Reaches Post World War II High

"The US unemployment rate rose from 7.6% to 9.7% under Obama... the highest rate in 26 years.

Bureau of Labor Statistics- via Sweetness and Light
Obama said with the Stimulus Bill the unemployment rate would not go over 8% but the unemployment rate is currently at 9.7%.

That's not all...
The youth unemployment in the country has reached a post-World War II high.
The New York Post reported, via Instapundit:


'The unemployment rate for young Americans has exploded to 52.2 percent — a post-World War II high, according to the Labor Dept. — meaning millions of Americans are staring at the likelihood that their lifetime earning potential will be diminished and, combined with the predicted slow economic recovery, their transition into productive members of society could be put on hold for an extended period of time. . . . A study from the National Longitudinal Survey of Youth, a government database, said the damage to a new career by a recession can last 15 years. And if young Americans are not working and becoming productive members of society, they are less likely to make major purchases — from cars to homes — thus putting the US economy further behind the eight ball. Angrisani said he believes that Obama’s economic team, led by Larry Summers, has a blind spot for small business because no senior member of the team — dominated by academics and veterans of big business — has ever started and grown a business.'"