I feel exactly as the author. In my country (Portugal) never was such an educated generation and never was such a problematic generation. There is more than 40% of young unemployment. Does that mean that 40% of young people don't worth a dime or are making it wrong?
> Does that mean that 40% of young people don't worth a dime or are making it wrong?
Does Portugal have a minimum wage enforced by the government? Lots of people would hire workers for, let's say $8/hour, but if the law says you have to pay them $12/hr, then maybe there won't be any hiring going on.
Minimum wage is (in theory) 485€ month (around 20€/day) for a full time job.. but there is a work around where you get a job as an external employee and there is no minimal wage.
I also believe in Milton Friedman but not in a globalised world, unless we lower wages till meet India market to be able to compete. I can tell you where are US jobs nowadays. My girlfriend, in Poland works for HP for less then 8K dollars year. Master degree job, not as a cleaning lady..