Teenage Unemployment Blues

Many high school and college students, who are normally camp counselors, are unemployed as many in-person and residential summer programs were cancelled. While a financial deficit for many students in the short term, cascading consequences may also affect students’ prosperity in the long term.  On May 24, Patrick Thomas of The Wall Street Journal wrote an article chronicling the current…

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Delayed Economic Vitality

As the Class of 2020 commences, into what economic state do they commence? As reported by Courtney Weaver in the Financial Times on May 28, 2020: With US unemployment at its highest level since the second world war and the country still grappling with the economic fallout of coronavirus, university graduates are watching start dates be deferred, internships cancelled and…

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Middle Class Wealth Erosion Set to Continue

The above chart depicts that the wealthiest and upper middle class have not only regained their wealth previous to the 2008 recession, but gained greater wealth, at the expense of the middle class and poorest classes. And, now, middle class and poorer families are facing an even greater economic downturn that has yet to be even defined in scope, though…

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A Chance to Ask Why

Since K-12 and college students are “distance learning” for the remainder of the 2020-21 school year, and the majority of extracurricular activities have also been cancelled, students are sharing that they’re “bored, but don’t know what to do.” Additionally, some parents worry that their kids’ aren’t “productive with their time.” So, to take advantage of the additional time and be…

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More Economic Difficulties for Gen Z and Millennials

Graph courtesy of The Wall Street Journal Current college students, many who find themselves at home though would rather be finishing their school year on college campuses around the country, will be confronting along with their older colleagues who graduated college in 2019, 2018, a possibly more complicated problem that of protracted unemployment. In addition, the long term economic outlook…

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“Graduating by default”

In a recent text exchange with Tyler, a graduating senior at a large California state college, we discussed what he’s learning during his final college semester, given his campus is now closed and his professors are learning to teach via an unfamiliar digital learning modality. The following is an excerpt of our conversation: Since Tyler is taking his final Business…

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Easy Does It

School district officials around the country are struggling to define how instruction will continue, and more importantly how students will be evaluated, given that school sites will be closed through the end of the school year. Some district administrators have decided to emulate the actions of many US colleges, and implement a Pass/No Pass grading policy. With little discussion of…

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