CNN Op-Ed: Deck is Stacked Against Millennials
Matthew Segal, Co-Founder of OurTime.org and Host of “OurTime w/ Matthew Segal” on SiriusXM P.O.T.U.S., Pens Op-Ed on Outlook for Class of 2014
WASHINGTON, DC – As President Barack Obama delivers the commencement address at the United States Military Academy at West Post, Matthew Segal, host of “OurTime with Matthew Segal” on SiriusXM P.O.T.U.S. and the co-founder of OurTime.org, one of the nation’s largest advocacy organizations for young Americans today penned an op-ed for CNN.COM about the outlook for the class of 2014:
There is a Washington adage that if you don’t help write the menu, you might end up on it. And make no mistake: The classes of 2014 that walked across graduation stages recently just provided more young people available to be served for lunch.
Despite positive news about America’s reduced 6.3% unemployment rate in April, it turns out the jobless rate for 18- to 29-year-olds is 9.1%. If you include “discouraged workers,” or those who have given up looking for work, unemployment for 18- to 29-year-olds is 15.5%. The unemployment rate for young African-Americans is even worse: 16.6%, and if you add discouraged workers, it’s a whopping 23.3%.
With job opportunities scarce, employers feel little pressure to raise wages. Unpaid internships are pervasive, and the allure of “experience” in their chosen field is enough to entice eager young people to work for free, unless their parents can’t afford to subsidize them. Those young people must either accumulate additional debt while working unpaid internships or look toward minimum wage positions, which are becoming more the norm, and less the teenage avocation to score some extra cash.
Click here to continue reading and view an info-graphic on challenges of the graduating class of 2014
To book Matthew Segal for interviews about the state of Millennials in America today, contact Kristofer Eisenla firstname.lastname@example.org or 202-670-5747
OurTime with Matthew Segal airs Saturdays at 2:00 pm ET on SiriusXM P.O.T.U.S., channel 124, and through the SiriusXM Internet Radio App on smartphones and other connected devices, as well as online at siriusxm.com. Subscribers will also be able to listen to the show via SiriusXM On Demand through the SiriusXM Internet Radio App for smartphones and other mobile devices and online at siriusxm.com.
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OurTime.org has grown into one of the nation’s largest non-profit organizations that empowers and speaks for the interests of young Americans. With a membership of more than 1,000,000 people, OurTime.org organizes campaigns that register and educate voters, advocate for economic opportunity, and convert political news into relevant language, short explanation videos, and shareable memes. Click HERE to view a short video about the organization.