This Week’s Big Question:
The young and unemployed will likely recover from the Great Recession, says Arianna Huffington, founder of The Huffington Post. The answer lies in highly local solutions. With unemployment rates sky high, Americans are turning to a “parallel economy,” using their ingenuity, creativity and new web tools to start their own enterprises, she says. Unfortunately, that isn’t likely to help, says economist and author Paul Krugman. Thanks to the Great Recession, the careers of most young Americans will never recover. They will never earn what their parents earned.
Watch and share your thoughts with us in the comments section below.
Arianna Huffington on the Upside of Downward Mobility (via 92Y: Business & Finance)
Krugman on Jobs: New Grads Will Bear Scars of Crisis (via 92Y: Business & Finance)
Stay tuned to the FORA.tv blog for more info, and visit us on Facebook and Twitter for news and updates on the latest videos from FORA.tv.
Happy Viewing!
Photo credit: www.newscom.com