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Friday, September 16, 2011

Youth unemployment crisis brings dire predictions

Coming to North America soon?
The global youth unemployment crisis has reached the point where unusual voices have begun to chime in about the problems facing young people. Earlier today on his weekly radio show New York City Mayor Michael Bloomberg made a number of grim predictions about civil unrest and stated that: "We have a lot of kids graduating college who can't find jobs. That's what happened in Cairo. That's what happened in Madrid. You don't want those kinds of riots here." Also, Gwyn Morgan, CEO of Encana Corp, in an editorial piece today warned that "the most pervasive threat is the large numbers of unemployed youth". Neither of these commentators are voices in the wilderness, rather they represent a shifting opinion among the elite of North America's corporate and political classes that something must be done to address joblessness amongst youth. It's incumbent upon policy makers to take up this clarion call and begin the difficult process to address one of the great questions of the day as anything less will lead to scenes that no one wants to witness on the streets of North American cities.

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