Summaries of texts and videos

In this part of the study guide, we will provide a summary of each of the texts and videos in the source material.

The four sources are:

Ask Obama Live: An MTV Interview With The President (3:22)
Three million open jobs in the U.S., but who's qualified? (5:35)
The jobless generation (1:04)
Generation Y: Victims of the economic crisis

Generation Y: Victims of the economic crisis

Author: Jared Diamond
Genre: Article
Year of Publication: 2012

The article was published on November 16, 2012.

The article presents the situation of new college graduates and young professionals, in the context of the new economic crisis. Nowadays, even the most educated people find it hard to be financially stable. These people are part of Generation Y and they are seen as the victims of the economic crisis. The economic situation makes it difficult for people under 25 to find employment; what is more, they sometimes have to deal with being underemployed, as they cannot find a suitable job matching their education. The yo...