Tuesday, June 3, 2014

Our Fundamental Transformation

Here's a couple of items of note.

Summertime Blues: Teen Unemployment in Major U.S. Cities Tops 50 Percent
(CNSNews.com) – A new analysis by the Employment Policy Institute (EPI) shows that unemployment among teens without a high school diploma is more than 50 percent in two of the largest U.S. cities.
Using U.S. Census Bureau data from May 2013 to April 2014, the analysis reveals that in Riverside-San Bernardino area of Southern California, the unemployment rate for teens ages 16 to 19 years old who don’t have a high school diploma is 54.2 percent.
In the Portland-Vancouver-Beaverton, Ore., metropolitan area, the unemployment rate from that population is 53.8 percent.
“These numbers are staggering,” Michael Saltsman, director of research at EPI told CNSNews.com. “Teens across the country this summer are missing out on valuable work experience as they continue to suffer through an extended period of high unemployment and difficult job prospects.”~snip~
It's good to know that the absence of opportunities exist across all age groups.

1 in 5 Children Live in Poverty in U.S.
(CNSNews.com) - One in five children under age 18, or 21.3%, are living in poverty in the United States, according to the latest data from the U.S. Census Bureau.
In 2012, there were 15,437,000 children under 18 years old, or 21.3%, who were classified in the “below poverty” threshold, according to the Census.
“The incidence of poverty rates varies widely across the population according to age, education, labor force attachment, family living arrangements, and area of residence, among other factors. Under the official poverty definition, an average family of four was considered poor in 2012 if its pre-tax cash income for the year was below $23,492,” according to a Congressional Research Service (CRS) report ~snip~ 
We can only hope that stats like this mean something to voters in November.

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