As my two daughters came home during the holidays and reconnected with old friends and classmates, it slowly became clear to me that many of these young people, mainly college-educated, are unemployed, and about this I have a few thoughts. One, times are tough. Companies are thinking more about laying off than hiring. Two, many of these young adults have skills that are rather loosely defined. When the economy was booming, their liberal arts degrees might have been the ticket to employment as real estate agents or car salesmen or even bond traders, but now their prospects are bleak....
