53% of students graduating from college have no jobs. By far, the highest on record.
Compared to BO (Before Obama), there are twice as many college graduates working for minimum wage, though most seem to think Obama is still the One.
The prospects for young adults has never been worse since The Great Depression.
I know of many recent graduates who are working for free (in an unpaid internship) or for far less than minimum wage as they are paid a very low stipend ($1200 per month) in an internship and then are working 60-70 hours per week in hopes of landing a real job. That is a
But Moochelle is still living large and Obama knows Beyonce, so it's all good.