Study: 30% of Millennial men don't have a job

Story here. Excerpt:

'While the Millennial generation, born from 1981 to 1996, is more highly educated than preceding generations, their education is not necessarily leading to higher-paying jobs — or even to any job at all. According to a study recently released by the Pew Research Center, 30% of Millennial men between the ages of 18 and 33 have no job. Approximately 8% are unemployed and 22% are not engaged in the workforce at all.

Those are staggering numbers compared to previous generations at the same point in their lives. Men from those generations maintained an almost constant 20% jobless rate. Generation X men (born from 1965 to 1980), Baby Boomer men (born from 1946 to 1964) and men of the Silent Generation (born from 1928 to 1945) all had a 78% employment rate between the ages 18 and 33, while Millennial men dropped to a 68% employment rate.

Those in the Armed Forces are not shown in the data (thus the percentages do not add up to 100%), but there does not seem to be an obvious effect from the transition from the military draft to today’s volunteer Armed Forces.'