Analysis of "Why Young People Can't Find Work" from Wall Street Journal. June 10, 2014
Complete this analysis.
Make sure you use adequate examples to explain your answers. Each answer should be approximately 4-6 sentences in length.
1. What does the Bureau of Labor Statistics say specifically about your age group and lack of participation in the work force? How does this rank compare to participation within a historical context (throughout history)?
2. What did you learn about the raising of minimum wage and the consequences of higher unemployment? You have learned about the Davis Moore thesis in our readings. What would this theory say about the function of minimum wage jobs in our society?
3. If you were a business owner, and had to adhere to the policies discussed in this article (minimum wage increase and mandatory health coverage), would you adjust your hiring practices? Would you consider automation or other alternatives? Please be specific.
4. Now that you have heard the grim statistics on unemployment for young people, what can you offer as possible solutions to increase employment rates? (Obviously instituting policies that have already been mentioned is not an option for this answer)