When we were younger, we always had jobs in the summer time between school years. That's how we made extra money, and we were expected to work. No one was going to give us anything. Yes, we were on our own, and we had to make our own way. Luckily there were always business owners that needed labor, and although they weren't willing to pay us a lot of money, they would give us work. And work we did, they would work us hard.
Well, our youth this year also appear to be on their own, unfortunately they aren't getting much help out there from the business owners. In fact, there are very few jobs available, our kids need to get work experience, and they need to know what it is like to actually work. Failure to have them working is really bad for their future and our future too, as a nation. We cannot afford to support these kids forever - they need to learn hard work ethic.
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There was a rather troubling article recently in the Wall Street Journal, it was an editorial titled "The Jobless Summer," and there was a rather troubling chart attached to the article showing how unemployment for teens and young adults had almost fallen off a cliff in the last five years. The downward trend was at such a steep angle it was scary, basically from 2007 until now the teen and young adult unemployment has gone from 36.5% down to 24% and it's still diving.
Wherever it does stop certainly won't be good for young folks seeking summer employment in 2011. With less than one in four finding work now, one has to wonder how they will pay for their iPads, SmartPhones, and service plans, or student loans for that matter. Our kids need to learn that money doesn't grow on trees, and they need to learn how to budget themselves, save their money, and become fiscally responsible.
They need to know, learn, and understand basic math especially when it comes to money. We cannot let our kids down in this regard, these are things they must learn. These are not only math skills, they are life skills. Hard work ethic, saving money, and acting responsible is paramount for America's future. Indeed I hope you will please consider all this and think on it.
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