MSN Money

Where young people can't find work

Here are the top 10 countries where residents aged 16 to 25 are burdened by high rates of unemployment.

 of 12
 of 12

VIDEO ON MSN MONEY

504Comments
Aug 30, 2012 10:51AM
avatar

WELL IM FROM IRELAND AND I HAVE ALWAYS KNOWN MY COUNTRY TO BE IN HARD TIMES. I HAD TO EMIGRATE TO THE STATES MYSELF IN 1987 WHEN UNEMPLOYMENT WAS AT 19%. I AM SO USED TO UNEMPLOYMENT NOW THAT IT REALLY SUCKS FOR THE KIDS AT HOME NOW TODAY.MY HEART GOES OUT TO THEM.I HAD TO LEAVE MY FAMILY AND IT WAS NOT EASY AND STILL ISNT THAT EASY TODAY. MY FILKS ARE GETTING ON IN LIFE NOW AND IVE ONLY SEEN THEM MAYBE 15 TIMES IN 25 YEARS FOR A 2 WEEK SPELL EACH TIME. IT SUCKS HAVING TO EMIGRATE BUT THANK GOD AMERICA ACCEPTED MY VISA APPLICATION AND I AM SO THANKFULL FOR THIS COUNTRY TO HAVE OPENED ITS DOORS FOR ME.I HOPE AND PRAY THAT THE WORLD ECONOMIES PICK UP AGAIN SOME DAY AND THAT THERE WILL BE JOBS FOR THE YOUTH OF TODAY BUT UNTILL THAT HAPPENS WE WILL SEE OTHER COUNTRIES ADDED TO THIS DEPRESSING LIST OF COUNTRIES IN ECONOMIC TURMOIL.IF I PERSONALLY WON BILLIONS OF DOLLARS I WOULD HELP EVERY NATION THAT I COULD POSSIBLE HELP.

 

Aug 30, 2012 1:13PM
avatar

"The problem with Socialism is that you eventually run out of other peoples money"

*Margaret Thatcher.

Aug 30, 2012 4:51PM
avatar
My only question is: What in the world is wrong with America. Why have we developped so much hate for rich people. America did not become America trying to spread the wealth around. The dems are riding this wave of hate of rich people and the reps and helping them by showing their hate for anyone whose great great...... great grand parents didn't immigrate from Europe. So America, why do we hate rich people? Second thing, corparations are out there to make money, not to become part of your family and get cards from you on Christmas. So instead of blaming corporations from shipping jobs oversea, ask them why they are doing so, the simple answer is that we have not developed the ideal environment for them to do buisness around here. We want cheap, we want it made in America, we want good wages and we want big corpartions to pay more taxes. We can't have it all America. This is my solution to solving America's crisis, let's build a country in which a family can live on one income like they did back in the days and we are gonna have more jobs than we have job seekers, another thing, we are gonna raise our own kids instead of some lady at the day care raising 50 of them at the same time.
Aug 30, 2012 5:26AM
avatar
There are all kinds of sucess stories out their. The President of McDonalds started off flipping hamburgers. But one thing is for sure, if you think your dream job is going to come looking for you, well it just aint gonna happen.
Sep 3, 2012 9:05PM
avatar
I will be forty years old next year. I remember as I was growing up, the mantra was, "Do what you love, and you will be financially successful." In my youth, the idea that we had to perform labor which was emotionally fulfilling to us was drilled into our heads non-stop. I remember growing up saying to myself, "I want to do a job that fulfills me. Not just a job where I punch a clock, and get a paycheck. I want a job which makes my soul sing, blah, blah, blah..."

Now fast forward to a couple decades later. I am a nurse who works with the elderly in a nursing home. And no, being a nurse was never a dream of mine- not in any way, shape or form. As a matter of fact, my mother still laughs that of all her children, the one who used to faint at the sight of blood is now a member of the medical profession.

I am working long hours in a profession which can often be less than fulfilling. And you know what? I'm perfectly happy with that. Because I have a job where I make a liveable hourly wage. Because I work endless amounts of overtime, in a day and age when many great Americans can't even find a forty hour a week job. Because I have great benefits, in a day and age when many people cannot afford health insurance.

I think that my elders did me a disservice when I was young, by trying to tell me that the only job worth pursuing is one where I feel "fulfilled." If there is one difference in what I would tell young people, it's that the job worth having is the one that's both legal, and which gives you the benefit of being able to support your family.

My advice to all young Americans; start looking at postings of jobs which are in high demand, and are projected to be in high demand for a while. And start pursuing educational goals which will allow you to obtain these jobs. And don't look down at learning a trade-especially if it means the difference between a paycheck and unemployment. The same goes for community colleges. Why pay for an extra two to three years of college, when an Associates Degree is often just as good?

And don't be the type of person who is above working any form of honest employment that pays the bills. In our early days together, my husband and I waited tables, flipped burgers, roofed houses, babysat, etc. At one point, we had five jobs between the two of us. But our bills got paid, and we made enough to live.

The people who will thrive in today's work environment are the ones who are flexible.

The best of luck to all of our current and future American workers.

Aug 30, 2012 5:37AM
avatar

Overpopulated Countries like China, India, Paquistan, Brazil, Mexico are creating this problem. In those countries labor is so cheap. They can make one to two dolars a day and work 10 or 12 hours or like china, "comunity" or family enterprises to work as assembly rooms making cents of a dollar for assembling toys, electronics or bikes. They are taking all our jobs. Protectionism should be adopted if we want to survive. We can do it if we want. if there is a wish there is a way.

China news said more than 60 million chinese has left the poverty level and projected another 100 million for the next year. India and Pakistan has the largest increase of millionairs. Brazil is the new port for japanese industries. Mexico damps all their increased population into the US, taking millions of jobs and eroding our infraestructures and our economy. Legislation here to protect our interest sucks..  

Sep 4, 2012 8:38AM
avatar

I know a few young people that have come out of college with degree's that are too specific like "Art History", they didn't do their research on career's that are open, and they don't understand working their way to the top.  I do accounting and my first job was working in a billing department for $7 hr in '98, I worked my way up and got up to $70k but I was laid off in 08'.  The next job I got (after 1 1/2yrs) paid $10hr but I took it and worked my way back up the food chain.  I'm not where I used to be but I'm not where I where I started, $45k.  People everywhere need to understand that it's hard for everyone (even companies) and if you are patient and are willing to start from the bottom up, you can make it.  Even if it's not at that particular company you will have gained the experience and knowlege to be valuable somewhere else.

Sep 3, 2012 6:55PM
avatar
vote for oboma and look four more years for a job
Aug 29, 2012 8:56AM
avatar
Contact your congressmen and senators.  Let them know that you have had it with the export of good jobs from this country, and that the import of illegal labor must stop.  The wealthy have had a truely wonderful ten years or so, but they must stop feeding off this country while there is still some life left in it.  Americans are not prepared to accept a greatly reduced standard of living just so the very wealthy can enjoy a standard of living unprecidented in modern times.  Americans will not stand by and watch everything they have worked so hard to build be destroyed in the name of 'free trade' and 'globalization'.  The global redistribution of wealth is not in our best interests, and we are beginning to wake up to that fact.  Fortunately, so is the rest of the 'rich' world.  The rise of China and India, on the backs of the world's middle class is coming to a close.  You can keep your cheap junk.  We can make it here.
Sep 4, 2012 6:52AM
avatar
Who in the hell are you kidding!!!  "Ready, willing but unable to find work" !!!!   It's more like Ready, willing and who is paying me a 6 figure income for doing nothing? That is why I sold my 37 yr old business. I couldn't get anyone to work much less do anything unless they were getting paid more than me!!!!
Sep 3, 2012 7:36PM
avatar
How's that "Hope and Change" working out for ya? 
Aug 30, 2012 4:41AM
avatar
Global my A**s this idiot  (Obama) gave GM tax payers money so they could go to China and build Auto plants. Look forward to cheep china cars coming from GM.Big Banks made out and so did wall street! While the roads bridges are all in decay. Canada had offered to build a Oil pipe line into this country using the oil sands they are refining Obama turned it down 10 billion dollars and 100,000 jobs! He is so busy wasting money funding programs that already inflated and need to be regulated Health care! Not make it more profitable to them. Insurance companies are robbing us blind Oh I think we should give them 10-12 billion the CEO needs to buy another boat. There are too many people in Washington getting fat off our tax dollars and laws they don't have to comply with. GET them out of there. "I'm mad as hell and I'm not going to take it any more!!!!!"
Aug 28, 2012 7:41PM
avatar
Disappointment of a president, do nothing congress!
Aug 30, 2012 4:16AM
avatar
Am I the only person that can't figure out why the heck Obama gave all those Illegal's a right to work here? When are unemployment numbers are still high. Parents that have kids in school will never be able to find summer jobs. More for parents that can't support there kids without food stamps. There driving down the price of labor. And that hurts all of us down the road. I don't want to go on welfare just to survive. I still like to work for what I own. But our president don't get it. That's how are country got to be a superpower. By working hard so we can all have a better life.
Sep 4, 2012 5:20AM
avatar

Wasn't there a guy a few years back who promised he and his gang would reduce unemployment,reduce spending,bring honesty and openness into his job and make his country the envy of all nations? Who was this man and what did he do? Why are things just the opposite? What I understand was the young voters had a lot to do with putting him into the top job. I guess they probably have buyer's remorse now.

Aug 30, 2012 9:16AM
avatar
It's interesting that the countries with the highest level of government spending have the slowest economic growth and the highest unemployment.
I guess the 'Rahn Curve' (google it) is correct.

Aug 30, 2012 11:30AM
avatar
I'm not rich, but I recognize that poor people don't create jobs - rich people do, or at least people who aspire to be rich.  Hating or punishing the rich is retarded.  If you have any brains you'd try to be more like them, but therein lies the problem.
Sep 4, 2012 8:01AM
avatar

Our economy is stagnant because small business has an aversion to risk; especially government risk in the form of taxes and regulation. There are trillions of American dollars sitting idle as a result. America has become the greatest country in history because of personal freedom, personal responsibility, and respect for private property. Excessive taxes and government regulations are a direct assault on the principles that have made America great.  Not to worry, we know President Obama has created at least 150,000 high paying jobs. Trouble is they have all been with the federal government.  There is no recession in Washington DC. Perhaps we can all move there and become bureaucrats.

Sep 4, 2012 10:52AM
avatar
Romney has stated that he wants to put you to work. Prove you want to work on November 6, 2012.  
Aug 30, 2012 10:40AM
avatar
We're capitalist alright, when it comes to the citizens we fend for ourselves. But when it comes to business, they get billions of dollars in subsidies and tax breaks. That 's welfare for business. That's not capitalism but socialism for business. I get a kick out of ppeople who don't want any beneftis from paying taxes, but are ok to give it to business. Nothing wrong with cheaper education, medicare and other services. It's not a handout as politicians tell us, it's our tax dollrs. hey take money from us, tell us we are socilaists if we get any of it back, and then turn around and give it to the interest groups that fund their campaings.
Report
Please help us to maintain a healthy and vibrant community by reporting any illegal or inappropriate behavior. If you believe a message violates theCode of Conductplease use this form to notify the moderators. They will investigate your report and take appropriate action. If necessary, they report all illegal activity to the proper authorities.
Categories
100 character limit
Are you sure you want to delete this comment?

DATA PROVIDERS

Copyright © 2013 Microsoft. All rights reserved.

Quotes are real-time for NASDAQ, NYSE and AMEX. See delay times for other exchanges.

Fundamental company data and historical chart data provided by Thomson Reuters (click for restrictions). Real-time quotes provided by BATS Exchange. Real-time index quotes and delayed quotes supplied by Interactive Data Real-Time Services. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by SIX Financial Information.

Japanese stock price data provided by Nomura Research Institute Ltd.; quotes delayed 20 minutes. Canadian fund data provided by CANNEX Financial Exchanges Ltd.

RECENT QUOTES

Watchlist

Symbol
Last
Change
Shares
Quotes delayed at least 15 min
Sponsored by:

MARKET UPDATE

NAMELASTCHANGE% CHANGE
There’s a problem getting this information right now. Please try again later.
NAMELASTCHANGE% CHANGE
There’s a problem getting this information right now. Please try again later.

[BRIEFING.COM] The S&P 500 ended this week with a bang, roaring to a new all-time high on the back of stronger-than-expected economic data, influential leadership, and an ongoing appreciation for the Fed's monetary policy support.

The bullish bias was evident in premarket action as the S&P futures pointed to a higher start without the benefit of any definitive news catalyst.  Stocks indeed benefited from a blast of buying interest at the opening bell on this ... More


Currencies

NAMELASTCHANGE% CHANGE
There’s a problem getting this information right now. Please try again later.