The Future of the Nation

The past decade has shown our nation some very tough times.  We’ve experienced the unemployment rate hit an all-time high, but as of today the unemployment rate, specifically among young adults, hasn’t been this high since the days of World War II.  It’s slowly becoming a nightmare, as more and more adults are living with their parents at much older ages than normal. According to new stats released by the Census Bureau, only 55.3 percent of youth between the ages of 16 and 29 were employed in 2010 on average, and just to give an idea of the substantiality of that change, those numbers were 67.3 percent in 2000. A 12 percent drop in just ten years is much larger than it sounds.

Times have gotten so bad that about 5.9 million Americans between 25 and 34 are still living with their parents, and that number has gone up 25 percent since just 2007! I really believe this is a ridiculous thing because these numbers are too high for what’s supposed to be a successful country.  I do understand that some people undergo unfortunate circumstances which cause for them to do things such as move back in with their parents or siblings.  It just amazes me that they have to do these things at such a mature age as 34. According to this article, men are twice as likely as women to end up in this predicament.  To make matters worse, the marriage rate went down as well. It fell to a new all-time low of 44.2 percent, along with home ownership which declined consecutively four years.  This is saddening for the future because if our country grows negatively, the people will continue to fall, and who knows what’s bound to happen to our future streets and generations?

 URL:

http://news.yahoo.com/blogs/lookout/battered-downturn-young-americans-put-off-adulthood-160406776.html;_ylt=AgsAjjGxu1GpT1ANmNSk02Os0NUE;_ylu=X3oDMTNtZDJhZHBlBG1pdANUb3BTdG9yeSBGUARwa2cDMzllMTk5NzQtODg5MS0zNmVmLWI3ZjYtZTExYmE5N2M5MzFiBHBvcwMxMQRzZWMDdG9wX3N0b3J5BHZlcgNkNzFjZjVjMC1lNTNkLTExZTAtYWYzZi04ODU5MmEwNGE5NjY-;_ylg=X3oDMTFvdnRqYzJoBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25zBHRlc3QD;_ylv=3