Record Numbers on Disability Benefits. The number of individuals receiving disability benefits has continued to climb to record levels, due to the poor economy and other factors. Source: Social Security Administration, Recipients of Social Security, SSI, or Both. _______________ As introduced on June 17, 2014, Ways and… Read more

​Record Numbers on Food Stamps. Never in the history of the program have so many individuals been forced to rely on food stamps due to the poor economy. Source: U.S. Department of Agriculture, Supplemental Nutrition Assistance National Level Annual Summary. ________________ As introduced on June 17, 2014, Ways and Means… Read more

Millions of College Grads Are Working Jobs That Don’t Require Their Degree.  Nearly half of all college graduates are underemployed – that is, working in a job that does not require their college degree. Source: Center for College Affordability and Productivity, Why are recent College Graduates… Read more

Today’s College Grads Face Far Higher Unemployment Rates. Compared to their older peers, today’s college grads face higher rates of unemployment well beyond age 30. Source: Federal Reserve Bank of New York, Are Recent Grads Finding Good Jobs? ________________ As introduced on June 17, 2014, Ways and Means Chairman Camp is… Read more

In the Last Six Years, 99% of Net Job Growth Has Been Among Older Workers.  The vast majority of job gains have been among older workers, leaving behind young adults and prime-age workers.    Source: U.S. Department of Labor, Bureau of Labor Statistics. ________________ As introduced on June 17, 2014, Ways and… Read more

Young People Aren’t Joining the Workforce.  Nearly half of young adults ages 16-24 are not participating in the workforce.  Source: U.S. Department of Labor, Bureau of Labor Statistics. ________________ As introduced on June 17, 2014, Ways and Means Chairman Camp is listing 40 reasons for the Senate to pass the 40… Read more

Half of College Grads Are Still Relying on their Parents after Graduation. Half of graduates are still relying on their parents or other family members for financial help, causing many to postpone life goals like getting married, having children, or buying a home. Source: Wall Street Journal Market Watch, Half of Parents… Read more

Record Share of Adult Children Are Living with their Parents. There are more adult children living with their parents than at any other time since this data was first collected in 1960. Source: Department of Commerce, Census Bureau, Current Population Survey Data on Families and Living Arrangements, Table… Read more

The Unemployment Rate for Young People Is 13.6 Percent. Individuals aged 16-24 have an unemployment rate that is more than twice the total unemployment rate. Source: U.S. Department of Labor, Bureau of Labor Statistics. ________________ As introduced on June 17, 2014, Ways and Means Chairman Camp is listing 40 reasons for the… Read more

Economic Conditions of Today’s Youth Brand Them a “Lost Generation.”  Years after the recession officially ended, many young high school graduates are not engaged in work or school, which will result in significantly lower lifetime earnings. Sources: Economic Policy Institute, "The Class of 2013: Young Graduates Still Face… Read more