Per this article and the below video from the Wall Street Journal, the answer is yes. The statistics are staggering: teens and adults under the age of 24 have double the unemployment rate of adults 25+. The article states “Some young adults have decided to forgo college degrees, graduate school or even the search for [...]
In this article/study on the probability of getting a job based on how long you’ve been out of work, the findings say it all: The point is this: you don’t have any time to waste. It doesn’t matter if the economy is perceived as good or bad – the longer you are out of work, [...]
Per this article at HuffingtonPost.com and stats from the Bureau of Labor Statistics, there are only enough open jobs for 1 out of every 5 unemployed Americans. You don’t have to be a mathematician to know those odds aren’t great. It’s pretty clear the “good old days” of falling into a job out of luck [...]