Friday, July 22, 2011

Jobs Scarce, Salaries Down, Oppotunities Gone

In 2009, President Obama Held A Rally At The University Of Maryland And Promised To “Build A Better Future” For The Next Generation.
“I Promised To Be A President … Who Would Ensure That [Your] Generation … Had The Same Chances And The Same Opportunities That Our Parents Gave Us. That’s What I’m Here To Do. 
OBAMA: “In [the 2008] campaign I promised to be a President who didn’t just clean up yesterday’s crises; I didn’t want to be a President who was just content with standing still. I promised to be a President who would build a better future; who would move this nation forward; who would ensure that this generation – your generation – had the same chances and the same opportunities that our parents gave us. That’s what I’m here to do. That's why I ran for President of the United States of America.”
Under President Obama’s Stewardship, Young Workers Are Struggling With Historic Levels Of Unemployment And Economic Uncertainty:
The New York Times: “Employment Rates For New College Graduates Have Fallen Sharply In The Last Two Years, As Have Starting Salaries For Those Who Can Find Work.”
“Now evidence is emerging that the damage wrought by the sour economy is more widespread than just a few careers led astray or postponed. Even for college graduates – the people who were most protected from the slings and arrows of recession — the outlook is rather bleak. Employment rates for new college graduates have fallen sharply in the last two years, as have starting salaries for those who can find work.” (“Many With New College Degree Find The Job Market Humbling,” The New York Times, 5/18/11)

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