The Global Youth Unemployment Crisis

When compared to their parents, grandparents, and great-grandparents, relatively few of today's Americans aged 21 or younger will have held a meaningful job by the time they graduate from college. If we look at high school students, the disparity is even larger. More importantly, it's not just an American phenomenon; in both advanced and backward economies we see the same thing. Why is this true? What are the implications? What, if anything, can and should be done to fix it? We'll tell you what you need to know.