Here’s an interesting article published on the FreeEnterprise.com website
A generational twist threatens this country’s social and economic well-being. Fewer 16 to 24 year-olds are employed than at any time since World War II. In 2000, twice as many young people were working than men and women old enough to be their grandparents. Today, many more seniors are at work than their grandchildren.
Young people out of school and out of work are not embarking on a rite of passage: Getting to a job on time, learning a craft, assuming responsibility, cooperating with others, bringing home a paycheck. It’s not that they aren’t trying to find work. But young people are competing for jobs not only with peers but with experienced applicants willing to accept entry-level salaries. Financially strapped Boomers fill many of the food-service and retail positions teenagers count on.