Why Millennials Are Getting Hit Hardest Via the Sagging Financial system

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For millennials, the White House’s monthly job reports haven’t contained anything positive in a long while.

The same can be said of the latest report released Friday that showed employers added 288,000 jobs in April and that last month saw unemployment fall to 6.3%.

Both those numbers are much better than what was expected—but they’re hollow. The unemployment rate dipped primarily because many people gave up trying to find a job, according to experts, which is not a trend the White House wants to see. Millennials, the generation born roughly from the early 1980s to the early 2000s, make up a significant chunk of the group no longer trying to find work. Read more…

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