Search
 

Agencies Face Generational Problems & Opportunities

One grim reality faces Americans today in a way not felt for generations--there are simply not enough jobs to go around.

By Tom Doran | Updated on May 23, 2010

One grim reality faces Americans today in a way not felt for generations–there are simply not enough jobs to go around. The Bureau of Labor Statistics pegs the current unemployment rate nationally at 9.9 percent. The young have it even worse, with 16.4 percent of Americans from 20-to-24 unemployed. Those coming out of college and graduate school are entering an economy that has yet to put the class of 2009 to work.

Although hiring trends for recent grads are nominally better than they were a year ago, it is still an abysmal job market for those starting their professional careers. In a recent Wall Street Journal column, Joe Queenan put it this way:

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.