JOBS: Danger: Not Enough Young at Work

Why can 't they be like we were.

Perfect in ev 'ry way?

What's the matter with kids today?

One answer is that they cannot find jobs, at least jobs they want to stay in and grow in. The problem has swollen to pandemic proportions since Lyricist Lee Adams wrote Kids for the Broadway musical Bye Bye Birdie in 1960. Massive youth unemployment—and the threat of social and political unrest that goes with it—now faces the world's industrialized democracies, adding to an already unnerving brew of mounting inflation, trade imbalances and looming energy shortages. So grave has the problem become that seven...

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