Introduction

Why has 1/3 of all 18-34 year olds had to move home? Evan Feinberg, President of Generation Opportunity, explains how government and “Crony Capitalism” has hurt the job market and details surprise statistics regarding youth unemployment.

Summary

• Youth are experiencing the highest youth unemployment rate since WWII
• Currently, 15% are unemployed and 40% are underemployed, while 1/3 of 18-34 year olds have been forced to move back home
• Governments can do harm and good when it comes to the job marketplace, including the power to tax or not tax and the over regulation of business
• Dismantling “Crony Capitalism” is one of the best ways to “free the future”

Resources

• Generation Opportunity
• Youth Unemployment Remains High
• The Tragedy of Teen Unemployment
• How Entitlements Can Perpetuate Youth Unemployment

Quiz