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FBN’s Lou Dobbs on the challenges for college graduates in finding work, and what is needed to boost job growth.
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-- just 51% of adults who graduated college between 2006 and 2011.
Half full time job just a frightening -- Lou Dobbs host of -- Lou Dobbs tonight is here from.
So.
Four you'll troubles you also have huge loans you have to pay off he can't even get a full time job isn't remarkable war were.
Were really actually insisting on these kids -- going through.
For small.
If you've got to go to war for -- school's going to be of the monks -- the most prestigious you can get into.
It's no longer about education because -- probably not getting Madden and it in -- from freshman through senior.
Years of high school half the kids who were -- -- Hispanic or dropping out.
Test scores are going down from falling like the proverbial rock and then only half cents as you -- not actually all all we have.
Of those who graduate from college after 2006 have found.
Jobs.
This is if we talk about we've got a president -- are raising taxes on the wealthy.
And meanwhile this is what do these young people have looked forward.
This is a crisis by any definition one that this president chooses conveniently to ignore.
And he wonders why the young people of the country of lost their enthusiasm for his candidacy.
To be reelected.
What really look at that.
-- look -- challenge -- here the US unemployment rates over ten and what you see over the ten years is how a disaster we have really been struggling so much this is such a waste of human capital.
As -- the bureaucrats in Washington put it.
This these are people's lives holding what -- yeah either what is the -- what is the answer to start growing the economy -- up to stand up.
Like men and women who are responsible citizens and say that damn thing isn't working.
And have a -- candidate for president or reelection for president.
Say we've got to deal with -- did what we've -- -- a bunch of Tony's running around out of ignoring the reality Ashley and I both entered the job market the same here all.
Over the different it is saving -- really how different it does not to 87.
And I remembered everybody said I thought -- -- about it Hurd.
There's a market crash you're never gonna find a job right.
And I couldn't so like took a job as a secretary you know I thought wait a minute I'm a Berkeley -- so what I took the job as a secretary of -- law firm.
Wasn't at all what I wanted to do that I worked as a secretary Samuel Goldwyn pictures for five minutes.
Finally I got a minimum wage job -- channel two in LA and I was getting up at 4 in the morning it's -- important yeah.
-- really nervous but my point is like maybe they've just got to settle for less these law school graduates about what you're doing odd jobs they loses -- the.
Exactly what's happening and endless.
As these young folks are taking jobs that are paying on average about 10% less than -- same jobs that were being filled.
Before the recession.
They're finding that the of this is happening right up through the the scale.
That is people have been in the workforce for ten years are being pushed down to jobs.
That they are overqualified for right people have been in the job market refined here it's coming back those are the ones who were lucky enough to have job.
Some just go back from Europe the one front I heard a lot there was -- -- Germany great job of reporting by -- I appreciate that and one of the things I heard was Germany's youth unemployment is 7% Y.
Because they have two years classes they have two years to -- -- training they have apprenticeships.
That vocational training they come out would no debt hanging around their neck and they have a job and is very very.
Successful programs.
And meanwhile we have community colleges and this country and technology colleges and vocational schools all over the country.
Didn't do great work.
In stated we have got parents who bought into that nonsense and their kids who bought into the nonsense.
That this kid irrespective of his grades or performance or hers.
Has to go to the school -- gonna write him in debt 40450000.
Dollar that's obviously changing -- -- it's it's got a chain out of fashion stupid it's wrong and it errors people -- lives Lou Dobbs thank you very much up to be -- -- guys.
-- -- every week night 7 PM eastern on Fox Business tonight.
Scott Juan Williams and Ed Rollins to talk about president Obama's decision to extend some of the bush tax cuts we'll see them.
Thank you live -- alright.
