You’re Young and Just One Unexpected Expense from Disaster

Build up a cash reserve emergency fund as soon as possible because you could need it tomorrow. That’s the message of a new study that said that many twenty somethings are just one charge away from disaster. The Bankrate.com study found that an unexpected expense of just $500 can upend the life of a millennial, […]

Rampant Youth Unemployment in the United States and Europe: How we got here and how to get out of the mess. Misleading a generation of young people. A way out of this mess? Part 3

There’s a terrible irony of youth unemployment in the United States and in Europe: Millions of young college graduates can’t find a job. Millions of technical jobs go unfilled. That’s because companies can’t find the right people for many jobs. (Please see note after Q & A). It’s a big problem. Many companies are coming […]

Rampant Youth Unemployment in the United States and Europe: How we got here and how to get out of the mess. Misleading a generation of young people. Part 2

The problem of youth unemployment, those in their 20s without jobs yet many of whom spent years and a small fortune at a traditional university, is worse than the official government statistics lead us to believe. That’s because many job-seeking young college graduates become discouraged. Then they no longer register with employment agencies. They are […]

Rampant Youth Unemployment in the United States and Europe: How we got here and how to get out of the mess. Misleading a generation of young people. Part 1

You meant well when you preached the value of higher education to your children. You constantly pushed and prodded your son or daughter: Go to a university. Get a degree. Stay with it. Make good grades. And, if necessary, borrow lots of money to pay for four years of higher education—-or possibly five or six […]