The public policy research group Dēmos and the non-profit Young Invincibles, published a new report which came out last month. The report analyzes the economic status of the “Millennial Generation” as compared to previous generations. “The analysis reveals the failure of public investment and public policy to provide young people with the means to achieve economic security and sustain the middle class.” The report can be found here.
Introduction to the Jobs and the Economy section:
“Our nation has experienced profound economic change over the last three decades. Globalization, new technologies, and deliberate public policies shifted our economy from the production of goods to the production of knowledge and services. As millions of unionized factory jobs moved overseas, our nation lost a primary source of middle-class jobs for people without college degrees. Less-educated workers now have few options outside of non-unionized, low-wage service occupations.”