12 Percent Young Adult Unemployment Impacts 2012 Election
"Young Americans know their careers and dreams have been held back by a poor economy resulting from the relentless execution of failed policies and leadership that lacks empathy. They are savvy and determined, knowing full well that periods of unemployment or a series of part-time jobs are not acceptable and are no substitute for meaningful, full-time jobs that make full use of their education and skills.
"For the President, the failure to address young adult unemployment and to understand the negative impact on their hopes will, in retrospect, be seen as the reason why he lost support among millions who once believed in his ability to affect lasting change."
Generation Opportunity is encouraging its four million Facebook fans, as well as its thousands of grassroots supporters across the nation, to register to vote and to register friends and family to vote. Using the tag line – "Pledge to GO Vote" – the group is urging its supporters to demand that the policies of the last three and a half years, which have stifled job creation, be reversed in favor of policies that free up Americans to create jobs, to hire, and to restore the American tradition of access to opportunity for all.
YOUNG AMERICANS – PRESIDENTIAL ELECTION 2012 AND THE ECONOMY
- 76% of Millennials plan to vote in the election for President this year.
- Only 38% believe that today's political leaders reflect the interests of young Americans.
- 76% of Millennials believe that the lack of job opportunities is shrinking the American middle class.
- Only 29% say that the economic policies coming out of Washington are helping them.
- 64% of Millennials believe the availability of more quality, full-time jobs upon graduation is more important than lower student loan interest rates.
- 61% say the availability of more quality, full-time jobs with health insurance plans is more important than the ability to stay on their parents' health insurance plans until they are 26.
- 69% of Millennials agree with the statement "if taxes on business profits were reduced, companies would be more likely to hire." Only 23% disagree.
- 65% of Millennials agree with the statement "the economy grows best when individuals are allowed to create businesses without government interference." Only 25% disagree.
- 84% of young people ages 18-29 had planned to but now might delay or not make at all a major life change or move forward on a major purchase due to the current state of the economy (Accepted multiple responses) (Randomized):
- 38% buy their own place;
- 32% go back to school/getting more education or training;
- 31% start a family;
- 27% change jobs/cities;
- 26% pay off student loans or other debt;
- 25% save for retirement;
- 23% get married;
- 12% none of the above (accepted only this response);
- 4% do not know/cannot judge (accepted only this response).
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